Bath Bomb Market Size, Growth, Trends, Forecast (2024-2032)

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According to the Universal Data Solutions, the surge in product launches and the demand for personal care products will drive the global scenario of the bath bomb market. As per their “Bath Bomb Market” report, the global market was valued at ~USD 1.2 billion in 2023, growing at a CAGR of about 4% during the forecast period from 2024 - 2032 to reach USD billion by 2032.

The bath bomb market in North America has experienced significant growth in recent years, driven by several key factors contributing to its expansion and increasing consumer demand. The bath bomb market in North America is expected to continue growing, fueled by consumer interest in self-care, natural products, and indulgent experiences. Brands that innovate with sustainable practices, product customization, and digital marketing strategies are well-positioned to capitalize on this growth and meet evolving consumer preferences. Here's an overview of the growth drivers and market dynamics specific to North America:

·      Increasing Awareness and Adoption of Self-Care Practices: Consumers in North America are increasingly prioritizing self-care and wellness, seeking products that promote relaxation and stress relief. With growing awareness of mental health issues, there's a heightened interest in activities that promote mental well-being, such as indulgent baths with bath bombs. For instance, according to Oberlin College and Conservatory, 74% of people in America associate self-care with taking care of the body.

·      Popularity of Natural and Organic Products: North American consumers are gravitating towards natural and organic personal care products, including bath bombs made with plant-based ingredients and free from synthetic chemicals. There's a strong demand for transparency in product formulations, with consumers seeking brands that disclose their ingredient lists and adhere to ethical sourcing practices.

·      Influence of social media and Digital Marketing: Influencers and beauty bloggers on platforms like Instagram, YouTube, and TikTok play a significant role in promoting bath bombs and driving consumer interest. Bath bombs' vibrant colors, unique designs, and mesmerizing fizzing effects make them highly shareable on social media, contributing to their popularity. For instance, in October 2023, U.S.-based STENDERS announced on social media platforms, including LinkedIn, about their expansion of classical bath bombs at Douglas Latvia stores.

·      Product Innovation and Diversification: Brands are offering customizable bath bombs, allowing consumers to choose their preferred scents, colors, and ingredients, enhancing the personalization aspect. Continuous innovation in formulations, scents, designs, and features keeps the market dynamic and drives consumer excitement and engagement. For instance, in April 2021, Canada-based Valens Company launched nūance CBD (Cannabidiol) bath bombs. Also, in February 2021, U.S.-based Betoken partnered with Hari Om Hemp on Valentine's Day CBD Bath Bomb named Go Away.

Access sample report (including graphs, charts, and figures) - https://univdatos.com/reports/bath-bomb-market?popup=report-enquiry

·      Growing E-commerce Penetration: The growth of e-commerce has made it easier for consumers to access a wide variety of bath bombs from different brands, with options available on e-commerce platforms, brand websites, and online marketplaces. Online shopping offers convenience and accessibility, allowing consumers to browse and purchase bath bombs from the comfort of their homes. For instance, in November 2023, British cosmetics and body care brand Lush partnered with Ulta to sell an assortment of discovery and holiday sets on the retailer’s website to widen its North American distribution.

·      Seasonal Demand and Gift-Giving Trends: Holiday and Special Occasions: Seasonal and holiday-themed bath bombs are popular during festive periods, driving sales and consumer engagement. Gift-Ready Packaging: Bath bombs are often packaged in attractive and gift-ready packaging, making them popular choices for gift-giving occasions.

·      Health and Wellness Retail Trends: Specialty beauty stores and wellness boutiques often carry a wide selection of bath bombs, catering to consumers' desire for high-quality, indulgent products. Collaborations with spas and salons provide opportunities for brands to reach new customers and offer exclusive bath bomb treatments and experiences.

In June 2021, Canada-based Eve & Co Incorporated’s wholly owned subsidiary, Natural MedCo Ltd., shipped its first order of new cannabis-infused bath bombs, “The Optimist CBD Bath Bomb,” to retailers in Newfoundland and Labrador and Saskatchewan.

In January 2021, San Francisco equity partners acquired the natural beauty manufacturing business Smith & Vandiver Corp. California-based Smith & Vandiver Labs specializes in making effervescent products like shower tablets and bath bombs.

In April 2023, U.S.-based Hairitage by Mindy McKnight, a pioneer in inclusive haircare, announced its expansion into new categories with the launch of the latest Bath & Body Collection, available exclusively at Walmart. The Bath & Body Collection includes six products in four aromatherapy scent combinations and three new ones. It utilizes a variety of essential oils to provide the ultimate scent & care experience.

Upright and Steady Climb: The bath bomb market in North America thrives due to the above-mentioned factors. These factors collectively contribute to the region's enduring pair-up with bath bombs and its sustained growth in popularity. The bath bomb has already made its mark in the consumer goods market. As this dynamic market continues to develop and grow, it provides hope for the global effort to create innovative consumer goods. The bath bomb domain is constantly innovating and redefining its innovative system from the ground up.

Conclusion:

The bath bomb market is still in its early stages due to the rapid development and expansion of the consumer goods industry. This indicates the ongoing efforts to modify the product portfolio of consumer goods globally, which are gradually changing the landscape. Furthermore, the increased product launches in the sector further expand the market's potential. Despite its unique challenges, the world is progressing toward developing more innovative and user-friendly bath bombs. As this nascent market continues to grow and develop, it has the potential to contribute significantly to global efforts to combat many of the restraints associated with it. Despite the hurdles, the future of bath bombs is undeniably bright. A new dawn is breaking in the development of innovative products. There's no denying that these products are transforming the consumer goods industry’s outlook, bringing enormous varieties to the population worldwide.

Contact Us:

UnivDatos

Email - contact@univdatos.com

Website - www.univdatos.com

 

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