Market Insights Consumer Beauty & Personal Care Personal Care

Deodorants - Guyana

Guyana

The Deodorants market in Guyana is projected to generate a revenue of US$2.76m in 2024.
It is anticipated to grow at an annual rate of 1.61% (CAGR 2024-2029).
When compared globally, in the United States leads in terms of revenue generation, with US$5,784m in 2024.
Taking into account the total population figures, the per person revenue in 2024 amounts to US$3.36.
In Guyana, the deodorant market is experiencing a surge in demand for natural and organic products, driven by increasing consumer awareness and preference for eco-friendly options.

Key regions: United Arab Emirates, Canada, Malaysia, Indonesia, Singapore

Market

Region

Region comparison

Currency

Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.