Shoe Deodorizer Market Reach $153.2 Million By 2025 and With CAGR 6.0% | Key players include S. C. Johnson & Son, Inc.; Reckitt Benckiser Group plc; and Blistex Incorporated: Grand View Research, Inc.

February 21 12:42 2020
Shoe Deodorizer Market Reach $153.2 Million By 2025 and With CAGR 6.0% | Key players include S. C. Johnson & Son, Inc.; Reckitt Benckiser Group plc; and Blistex Incorporated: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a new report by Grand View Research, Inc. The global shoe deodorizer market size was valued at USD 102.0 million in 2018. Factors such as growing awareness about personal hygiene and consumer inclination toward adoption of quick and easy solutions for shoe cleaning to avoid long hours of washing and drying drive the demand for deodorizers.

The global shoe deodorizer market size is expected to reach USD 153.2 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.0% over the forecast period. Factors such as increased inclination toward foot health and shoe hygiene as well as growth of the footwear industry drive the demand for deodorizers.

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North America shoe deodorizer Market

The growing popularity of fitness activities has resulted in an increased demand for sports shoes. This subsequently drives the demand for deodorizers to get rid of odor. Even sports footwear with mesh panels for increased ventilation is not entirely immune to the accumulation of sweat. Moreover, the bacteria can cause infections if precautionary measures are not taken. Gym and fitness enthusiasts engage in prolonged workout sessions and physical activities. The sweat generated causes bacterial growth and odor in footwear, thereby increasing consumer inclination for shoe deodorizers.

According to the International Health, Racquet & Sportsclub Association, the health and fitness industry witnessed a growth rate of 3%-4% per year from 2008 to 2018 in U.S. In addition, rising instances of skin allergies in the foot area caused by the accumulation of sweat and dirt in footwear increases consumer inclination toward shoe care products. This scenario is likely to drive the product demand. Moreover, diabetics are required to pay special attention to foot care in order to avoid foot ulcers caused by germ-infected footwear. This has resulted in increased spending on products such as shoe deodorizers, fresheners, and cleaners.

Further key findings from the report suggest:

  • The powder segment is projected to register a significant CAGR of 6.3% over the forecast period owing to its effectiveness in absorbing moisture

  • The offline distribution channel dominated the global market with an overall revenue share of 81.0% in 2018 with a rising number of specialty stores offering a range of shoe care products

  • North America dominated the global market in 2018 with a share of 35.2%. This trend is projected to continue over the next few years

  • The shoe deodorizer market is highly competitive in nature. Key players include S. C. Johnson & Son, Inc.; Reckitt Benckiser Group plc; Blistex Incorporated; Sanofi S.A.; Ningbo Jiangbei Ocean Star Factory & Trading Co., Ltd; Zamtek Solutions; Puma SE; Scholl’s Wellness Co.; Church & Dwight Co., Inc.; and Chattem, Inc.

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Global shoe deodorizer Market

Sprays accounted for the largest share of 45.7% in 2018. Spray products not only mask odor but also help eliminate the bacteria that causes the odor. They are also more convenient and easy to use when compared to their counterparts. New product developments in the category is widening the visibility of these products. For instance, sōlscience, a company launched in 2016, offers a range of premium shoe deodorizer sprays, available in multiple fragrances including Midnight Cherry, Citrus Chill, and Tropicali.

Online channel distribution is expected to register the highest CAGR over the forecast period owing to the rising penetration of digital media and marketing. The increasing number of internet users, particularly in developing economies such as China, India, and Brazil, drives the online market for deodorizers. Moreover, popular online retailers like Amazon, Walmart, Flipkart, and Myntra offer a range of shoe care products, further driving the product demand. North America dominated the global market in 2018 owing to the booming fitness industry in the region. The increasing focus on fitness subsequently drives the sales of sports footwear, thereby resulting in high product demand.

Access complete Shoe Deodorizer Market Report By Grand View research, Inc.

Grand View Research has segmented the global shoe deodorizer market on the basis of product, distribution channel, and region:

Shoe Deodorizer Product Outlook (Revenue, USD Million, 2015 – 2025)

  • Spray

  • Powder

  • Insole

  • Others

Shoe Deodorizer Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)

  • Offline

  • Online

Shoe Deodorizer Regional Outlook (Revenue, USD Million, 2015 – 2025)

  • North America

    • U.S.

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • India

    • China

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research Guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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