Bath and Shower Products Market to Surpass 72.94 Billion by 2030 Drives Due to Personal Wellness Focus
SkyQuest projects that the bath and shower products market will attain a USD 72.94 billion value by 2030, with a CAGR of 5% over the forecast period (2023-2030). An increasing consumer emphasis on personal wellness and self-care drives the Bath and Shower Products market. As individuals prioritize relaxation and rejuvenation, demand for products offering unique sensorial experiences, like aromatherapy-infused shower gels and moisturizing bath bombs, continues to rise.
Westford, USA, Aug. 23, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, growing environmental consciousness fuels the demand for natural and organic bath and shower products market. Consumers seek products free from harsh chemicals, favoring ingredients like plant-based extracts and essential oils. This trend propels innovation in eco-friendly packaging and sustainable sourcing practices.
Browse in-depth TOC on the “Bath and Shower Products Market”
- Pages – 165
- Tables – 120
- Figures – 77
The digital transformation of retail significantly impacts the market, with a surge in online shopping for bath and shower products. E-commerce platforms provide convenience, variety, and personalized product recommendations, enabling consumers to explore and purchase from a diverse range of brands and products, fostering market growth.
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Prominent Players in the Bath and Shower Products Market
- Unilever Plc.
- Coty Inc.
- Procter & Gamble Co.
- Johnson & Johnson Services, Inc.
- L’Oréal S.A.
- The Estée Lauder Companies Inc.
- Beiersdorf AG
- Kao Corporation
- Shiseido Co., Ltd.
- Colgate-Palmolive Company
- Revlon, Inc.
- Avon Products, Inc.
- Henkel AG & Co. KGaA
- Bath & Body Works, LLC
- Yves Rocher
- L Brands, Inc.
- Crabtree & Evelyn
- Molton Brown
- The Body Shop International Limited
- Natura Cosméticos S.A.
Body Wash Segment is Expected to Grow the Market Due to their Widespread Integration
Among bath and shower products, the body washes segment exhibits rapid growth. Its convenience, various formulations (moisturizing, exfoliating), and diverse fragrances are appealing to modern lifestyles, making it a favoured choice. The segment’s expansion is further fueled by innovative marketing and packaging, catering to consumer preferences.
The Asia Pacific region is dominant in the bath and shower products market. Driven by a burgeoning population, increasing disposable income, and evolving beauty trends, the region showcases significant demand. Local preferences for traditional and innovative products fuel market expansion and drive competitive strategies.
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Bath Soaps Segment is Expected to Dominate the Market Due to Essential Hygiene Needs
The body soap segment asserts dominance in the bath and shower products market. Essential hygiene needs and diverse consumer preferences fuel its popularity. Innovative formulations, natural ingredients, and targeted solutions, such as moisturizing and exfoliating variants, contribute to its continued growth and market significance.
Regional markets in North America stand out as a rapidly evolving market for bath and shower products. The region’s robust economy, evolving consumer lifestyles, and increasing focus on personal care contribute to its swift growth. Diverse product offerings, including natural and premium ranges, cater to the region’s dynamic demands.
A comprehensive analysis of the major players in the bath and shower products market has been recently conducted in a report. The report encompasses various aspects, including collaborations, mergers, innovative business policies, and strategies, providing valuable insights into key trends and breakthroughs in the market. Furthermore, the report scrutinizes the market share of the top segments and presents a detailed geographic analysis. Lastly, the report highlights the major players in the industry and their endeavors to develop innovative solutions to cater to the growing demand.
Key Developments in the Bath and Shower Products Market
- In May 2023, Johnson & Johnson acquired a startup specializing in water-neutral shower products, aligning with their commitment to sustainable water usage and conservation.
- In July 2023, Lush Cosmetics introduced a buy-one-give-one initiative for their shower gels, partnering with a charity organization to donate products to underserved communities.
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Key Questions Answered in Bath and Shower Products Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- List the top companies in the market and explain how they have achieved their positions of influence.
- In what ways do regional trends and patterns differ within the global market, and how these differences shape the market’s future growth?
Related Reports in SkyQuest’s Library:
Global Aromatherapy Diffusers Market
Global Professional Hair Care Market
Global Anti-aging Products Market
Global Personal Care Appliances Market
Global Sensitive Toothpaste Market
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