Bath & Shower Products Market is expected to grow at a CAGR of 4.82% through 2031
Increasing health &
hygiene consciousness among consumers and growing organic product offerings by
brands are the leading factors driving the global bath & shower products
market during the projected period.
According to TechSci Research
report, “Bath & Shower Products Market – Global Industry Size, Share,
Trends, Competition, Opportunity, and Forecast, 2021-2031F” The Global
Bath & Shower Products Market will grow from USD 55.09 Billion in 2025 to
USD 73.07 Billion by 2031 at a 4.82% CAGR.The rising demand for organic bath
and shower products is fueling the overall sales of this market. As the
Generation Z population and millennials are shifting their focus towards
sustainable, healthy plant-based alternatives, companies are expanding and
enhancing their product portfolios to give consumers a wide variety of options.
Bath & shower products have become increasingly popular due to the rapid
demand for plant-based protein sources. Particularly among millennials, who
comprise a sizeable proportion of the consumer population.
Also, since consumers are
becoming more conscious about the sustainability of products, the market
players have been focusing on sustainable packaging and taking initiatives to
offer products that minimize waste. For instance, in 2021, Kiehl launched refillable
pouches which saved an average of 80% plastic than a typical Kiehl's single-use
product With an ongoing effort to reduce waste and the overall environmental
effects, the pouches can be used on their own or to fill empty plastic bottles
already owned by consumers.
Moreover, market players
continuously launch new products and enhance their product portfolios to
attract consumers. For instance, in 2022, McDonald's launched a body wash with
cucumber-scented shower foam. Similarly, in 2022, Dollar General launched its
new body care lines, which include body lotion, body wash, etc. Also, in 2022,
WHP Global signed an agreement with A. P. Deauville, to launch a series of bath
and body products for the brand Anne Klein. In 2021, Olay launched three
premium body care collections, including Olay Cleansing & Renewing Body
Care Duo with Retinol; Olay Premium Exfoliating Body Wash Collection, and the
Olay Dermatologist Designed Collection.
The online channel is
experiencing the fastest growth rate since it offers many products on a single
platform with descriptions, details, brands, specifications, etc., giving
customers an alternative to the traditional store. Also, online channels are easy
and convenient to use and offer various payment methods. Brands such as Blue
Diamond, Califia Farms, etc., deliver their products on e-commerce platforms
like Walmart.
Browse over XX market data
Figures spread through XX Pages and an in-depth TOC on the "Global
Bath& Shower Products Market."
The bath & shower products
market is segmented by type, form, end user, distribution channel, and region.
The distribution channel segment is divided into supermarkets/hypermarkets,
convenience stores, specialty stores, online, and others. The expansion of the
market is expected to be accelerated by various factors, including growing
adoption of smartphones and online platforms. Moreover, product comparison,
comprehensive product descriptions, product labels, and easy payment options
increase customer comfort with online purchases, further fuel market growth.
Key market players in the bath
& shower products market include:
- Unilever PLC
- Colgate-Palmolive Company
- Johnson & Johnson Services, Inc.
- Estee Lauder Companies Inc.
- Avon Products, Inc.
- Beiersdorf AG
- Plum Island Soap Company LLC
- Bath & Body Works, Inc.
- Reckitt Benckiser Group PLC
- The Procter & Gamble Company
Additionally, the rising
awareness regarding the presence and need for baby care products, such as baby
shower gel, etc., has been observed. As a result, it is creating profitable
chances for the top manufacturers to launch and expand their line of such items
in the bath & shower care categories to meet the rising demand across the
nation. The industry is overgrowing due to its popularity and the concerns for
babies health and hygiene. The same factor is also motivating the makers to
emphasize creating products with safer components that wouldn't adversely
affect the skin of the newborn.
Download
Free Sample Report
Customers can also
request 10% free customization on this report.
"Product innovation is a
significant trend that is expected to have an impact on bath & shower
product growth over the forecasted period. Moreover, bath and shower companies
are offering products with skincare ingredients to cater to the growing demand
from consumers with skin issues such as acne, tanning, pigmentation, etc. Also,
improved marketing strategies and awareness campaigns in marketplace are
expected to boost the market growth in the forecast period further.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
"Bath & Shower
Products Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Type (Bath Soaps, Body Wash, Shower/Cream Gels, Others
(Bath oils, Bath Additives, etc.)), By Form (Solid, Liquid, Gels, Others
(Jellies, etc.)), By End User (Men, Women), By Distribution Channel
(Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online and
Others (Cosmetic Stores, Pharmacies, etc.), By Region, Competition
2021-2031F", has evaluated the future growth
potential of bath & shower products and provides statistics and
information on market structure, size, share, and future growth. The report is
intended to provide cutting-edge market intelligence and help decision-makers
take sound investment decisions. besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities present in bath & shower products globally.
Contact
TechSci Research LLC
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com/