Bath Salt Market Size, Revenue Analysis, PEST, Region & Country Forecast, 2032
The global bath salts market is expected to exhibit a strong 5.30% CAGR over the forecast period from 2023 to 2032, according to the latest research report from Market Research Future (MRFR). The global bath salts market size is expected to reach a valuation of USD 4.3 billion by 2032. The research report profiles the global bath salts market in great detail and provides readers with a comprehensive overview of the market. The market’s historical growth trajectory, present conditions, and future growth prospects are studied in the report. The report provides a comprehensive overview of the market’s historical growth trajectory by detailing the historical stats regarding the market. Future projections are based on the detailed historical stats offered in the report. Based on this platform, future projections for the bath salts market’s growth trajectory over the forecast period are provided in the report. The report also profiles the leading players in the global bath salts market and gives readers a comprehensive analysis of the leading players in the global bath salts market. The report also profiles the major drivers and restraints affecting the global bath salts market. The factors making the market tick and those holding the market back are studied in detail in the report. The impact of the COVID-19 pandemic on the bath salts market is also assessed in the report.
Bath salts are water-soluble substances that release various minerals into the bathwater when they dissolve into the water. Bath salts contain various minerals such as calcium, magnesium, potassium, and various sulfates, which are beneficial for skin health. Growing awareness about the benefits of bath salts is likely to be a major driver for the global bath salts market over the forecast period. Growing product innovation is also likely to be a major driver for the global bath salts market, as manufacturers have started to add new flavors and substances in bath salts in order to increase the benefits of bath salts to the skin. Increasing product development is likely to be a major driver for the global bath salts market over the forecast period.
Rising prevalence of skin concerns around the world is also likely to be a major driver for the global bath salts market. Rising air pollution has been a major driver for skin concerns, which have driven the demand for preventive measures such as bath salts. Bath salts strengthen the skin tissue and prevent skin conditions, leading to growing popularity of the same, especially in regions where skin conditions have become more prevalent over the years.
Competitive Leaderboard:
Leading players in the global bath salts market include Salts & Co., Moksha Beauty, Cornish Sea Salt Co., Westlab Ltd., PDC Brands, The Kalm Co., Soothing Touch, Borghese Inc., Pretty Valley, Nesalla Bath Salt, L’Occitane en Provence, Kneipp, Shanghai Jahwa United Co. Ltd., Watson’s, and Bathclin Corp. Major players in the global bath salts market are likely to engage in product innovation and development over the forecast period in order to come up with innovative bath salt products.
Segmentation:
The global bath salts market is segmented on the basis of type, form, distribution channel, and region.
By type, the global bath salts market is segmented into Atlantic salt, crystal salt, Dead Sea salt, Epsom salt, and others.
By form, the global bath salts market is segmented into granular, powder, coarse, and others.
By distribution channel, the global bath salts market is segmented into store-based and non-store-based. The store-based segment is further sub-segmented into supermarkets and hypermarkets, specialty stores, and others. The non-store-based segment is likely to grow at a rapid growth rate over the forecast period due to the increasing availability of bath salts on online shopping portals.
Regional Analysis:
Europe is expected to dominate the global bath salts market over the forecast period due to the growing inclination of the working population in the region towards stress release and skin care products. North America also holds an important share in the global bath salts market.
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