All Around the World
Consumers are increasingly interested in personal care products that are not only effective, but also provide them with a sense of well-being and comfort, which is why the AP/Deo market continues to grow globally. In the US alone, the retail value for AP/Deo was approximately $16.2M in 2019 with an expected growth rate of 4% through 2023 (Euromonitor, IRI). Additionally, the segment is exploding in countries throughout the Middle East and Africa as disposable incomes and access to online retailers expands. Brands traditionally focused on skin care are sensing the urgency in this segment and quickly expanding into AP/Deo, bringing products with unique healthy skin benefits.