Market Size of Bath & Shower Products Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR (2024 - 2029) | 3.50 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Bath and Shower Products Market Analysis
The Bath & Shower Products Market is expected to register a CAGR of 3.5% during the forecast period.
The COVID-19 pandemic fuelled the demand for cleansing solutions globally. Consumers stockpiled everyday consumer items in the wake of lockdown situations, which resulted in hygiene product scarcity in the retail stores. Major companies intensified production to satiate consumer demand, especially soaps, which witnessed augmented demand during the pandemic. Companies increased the production capacity of skin cleaning and hygiene products during the pandemic, and many businesses debuted their products under hygiene segments in different markets.
The market is primarily driven by increasing consumers' global health and hygiene awareness. Bath and shower products have evolved from using soaps to maintain personal hygiene to novel bathing products. The trend in aromatherapy is further supporting the demand for fragranced bath and shower products. Rising concerns regarding body odor are raising demand for floral scents offering consumers a spa-like experience.
Moreover, consumers are opting for more expensive and aesthetically appealing bath and shower products with different fragrances and effective ingredients. Product claims by the companies such as antiseptic, therapeutic, germ, and virus killing are laid down by the manufacturers, which in turn are attracting more consumers. Frequent launches of enhanced products, such as seed oil or vitamin-infused shower gels, are further contributing to the market growth.
Bath and shower products for babies are also gaining popularity, and they are being formulated with safer ingredients so as not to cause any harm to babies. The use of herbal extracts without any toxic chemicals is raising their consumption, thereby positively impacting the market demand and growth.