The global bath bombs market Growth Accelerated by Rising Demand for At-Home Spa Experience

 

Bath bombs are compact spherical bombs made from fizzing ingredients that dissolve to release essential oils, fragrances and colorants when dropped in water. Bath bombs are widely used for relaxation and to ease joint pain. They help relieve stress and tension after a long and tiring day.

The global bath bombs market is estimated to be valued at US$ 138.36 billion in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The growing demand for at-home spa experiences amid the COVID-19 pandemic has accelerated the growth of the bath bombs market over the recent past. Lockdowns and social distancing measures imposed during the pandemic restricted people's movement and led to closure of spas and wellness centers. This prompted many consumers to recreate the spa experience at home using bath and body products such as bath bombs. Innovative offerings such as scented bath bombs that produce soothing aromas have become increasingly popular for at-home self-care rituals. Leading bath bomb brands have expanded their product lines focusing on unique fragrances and therapeutic ingredients to capitalize on the rising demand.


Segment Analysis
The global bath bombs market is segmented by product type, pack material, distribution channel, and geography. Based on product type, the bath bombs market is segmented into herbal, non-herbal. The herbal segment dominates the market as herbal bath bombs provide several skincare benefits such as moisturizing, anti-inflammatory, and cleansing due to the presence of essential oils.

Key Takeaways
The global bath bombs market is expected to witness high growth over the forecast period owing to the rising trend of self-care among consumers globally. The global bath bombs market is estimated to be valued at US$ 138.36 billion in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030.

Regional analysis: North America dominates the bath bombs market and is expected to maintain its dominance during the forecast period. The market growth in North America can be attributed to high consumer spending on personal care and bathing products in countries like the US and Canada. Moreover, a highly innovative and competitive market landscape has ensured an easy availability of a wide range of bath bomb products in North America.

Key players: Key players operating in the bath bombs market are Lush Ltd., Body Shop International Limited, The Village Company LLC, Pearl Bath Bombs, Hugo Naturals, Level Naturals, Swanky Sweet Pea, Heavenly Bubbles Ltd, The Natural Soap Company, and Oliver Rocket LLC. Lush Ltd. is one of the leading players in bath bombs market and offers a wide variety of herbal as well as non-herbal bath bombs made from natural oils, butters, and essential oils at affordable prices. Body Shop International Limited also has a strong presence in bath bombs market and focuses on innovative products with natural ingredients for skincare benefits.

Comments

Popular posts from this blog

Blowing Agents in Action: Enhancing Sustainability and Performance in Modern Engineering

Multi-Depth Corrugated Box Market Trends 2023 - Industry Insights, Competition Analysis, Growth Rate and Forecast by 2030

Acid Pickling Roll Market Growth Accelerated by Adoption of Anti-Rust Acid Pickle Rolls