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Bath Bomb Market Size, Share, Growth & Industry Analysis, By Scent Type (Floral, Fruity, Wood-based, Others (Coffee, green tea, Citrus)), By Age Group (Adult, Infant), Residential, Commercial (Hypermarket & Supermarket, Convenience Stores, Pharmacies, Online Retailers) and Regional Analysis, 2023-2030
pages: 120 | baseYear: 2022 | release: September 2023 | author: Mayank C.
The global Bath Bomb Market size was valued at USD 24.8 million in 2022 and is projected to reach USD 35.9 million by 2030, growing at a CAGR of 4.87% from 2023 to 2030. In the scope of work, the report includes products offered by companies such as The Village Company, Biocrown Biotechnology Co., Ltd., Gingerly Naturals (P) Ltd, Napa Soap Company, Natural French Soap Company, Pearl Bath Bombs, Rocky Mountain Soap, Heavenly Bubbles Ltd, Swanky Sweet Pea, Level Naturals and others.
The bath bomb market is growing due to various factors such as the increasing working women population, growth in demand for fancy and luxurious products, and escalated influence of social media, among others. Furthermore, these bath bombs are used in both residential and commercial applications, such as hotels, resorts, and others, which boosts market demand over the projection period.
Furthermore, key vendors and manufacturers are also focusing on the needs and demands of customers. Manufacturers are introducing a variety of bath bombs with new and innovative fragrances, such as fruity, floral, wood-based, and many others. Thus, the surging popularity of bath bombs among customers across the globe is propelling the growth of the market. However, the slightly high prices associated with bath bombs could restraint the growth of the market.
Growing awareness about self-care and relaxation is a major factor fueling market expansion. In addition, the consistently increasing demand among the Gen Z population and among working men and women is fostering a market outlook.
Furthermore, the growing influence of social media platforms, such as You Tube, Instagram, and others, is attracting the consumer base towards the product and propelling the market growth. Moreover, the escalating demand for luxurious gifts to family and friends on special occasions is surging the demand of bath bombs and fueling the growth of the market.
Bath bombs are made from ingredients that forms the bubbles when it become wet. The ingredients used for the production of bath bombs are bicarbonate base and a weak acid, that are not reactive in dry states, however, after dissolving in water, it reacts vigorously and produces their characteristic fizzing in some time. In addition, bath bombs are considered to be relaxing, immune-boosting, and detoxifying bathing products. Sodium lauryl sulfate is a lathering agent used in the production of bath bombs. These are available in a wide range through various distribution channels such as convenience stores, supermarkets, and others.
The changing lifestyle, rising disposable income, are driving the growth of the market, as it has enabled the customers to adopt western, fancy, and deluxe lifestyle, which has increased the demand for bath bombs. In addition, the increasing awareness about the importance of relaxation, stress relief, and indulgence in self-pampering activities has propelled market growth.
Furthermore, the high penetration of internet, along with the promotional activities of bathing products, including bath bombs, by influencers & celebrities through various social media platforms such as advertisements, videos, posts, and reels, among others has increased the demand for bath bombs among customers.
This demand has increased especially among youngsters, college students, and new-age people, as these customers spend more time learning about new self-care products. This is due to the increased consciousness about the value of self-alleviation and self-care and the mounting need for relaxation is boosting the demand for bath bombs.
This enables manufacturers to introduce a variety of new bath bombs in order to fulfill the demands of customers.
For instance,
However, increased competition among the players may challenge the bath bomb market.
The global bath bomb market is segmented based on fragrance, application, distribution channel, and geography.
Based on fragrance, the bath bomb market is bifurcated into floral, fruity, wood-based, and others. The floral segment is expected to hold the largest market share. This is due to the increased consumption of floral bath bombs, especially among women consumers. In addition, the increased demand for more natural, fragrant, and organic products in order to avoid the side effects associated with chemical-based products, drives the growth of the segment.
Based on distribution channel, the bath bomb market is bifurcated into hypermarkets and supermarkets, convenience stores, pharmacies, and online retailers. The hypermarkets and supermarkets segment is expected to hold the largest market share due to the increased availability of various types of bath bombs, along with various discounts and offers.
Based on regional analysis, the global bath bomb market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.
The North America Bath Bomb Market share stood around 36.29% in 2022 in the global market, with a valuation of USD 9.0 million, due to rising awareness about personal care products and the disposable income of the population are driving the growth of the regional market. In addition, the rising standard of living and easy availability of bath bombs are bolstering product demand in the market.
Due to economic expansions, rising demand for personal care and bathing products, and increased awareness of personal health and hygiene, Asia-Pacific is predicted to be the second-largest region. Furthermore, ongoing product improvements, new and convenient product launches, and technological advancements by leading manufacturers are driving up demand for bath bombs in the region.
The global bath bomb industry study will provide valuable insights with an emphasis on the fragmented nature of the global market. Prominent players are focusing on several key business strategies, such as partnerships, mergers & acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their respective market shares across different regions. Expansion & investments involve a range of strategic initiatives including investments in R&D activities, new manufacturing facilities, and supply chain optimization.
Key Industry Developments
By Scent Type
By Age Group
By End Use
By Distribution Channel
By Region