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Bath & Shower Products Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031

08-13-2024 04:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Bath & Shower Products Market

Bath & Shower Products Market

The global bath & shower products market is anticipated to grow significantly at a CAGR of 3.8% over the forecast period (2024-2031). The key aspect that drives the growth of the global bath & shower products market includes the increased spending of the consumers of the luxury and premium beauty care products. Spending on beauty procedures is on a significant rise throughout the country. Urbanization is leading to a modern lifestyle that has urged individuals to focus on physical appearance, thus more and more individuals are opting for various luxury and premium beauty products including toiletries; which has significantly contributed to the growth of the market during the forecast period.

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Besides, the presence of the key players significantly aids the market growth by continuously innovating existing products and launches. Players such as Beiersdorf AG, Estee Lauder Inc., Henkel AG & Company, KgaA, ITC Ltd., Johnson & Johnson Services Inc., Lion Corp., L'Oral SA, The Himalaya Drug Co., The Procter & Gamble Co., and Unilever Plc among others substantially contribute to the market growth. For instance, in 2017, Natura & Co. acquired The Body Shop brand and Avon in January 2020. Both brands offer beauty & personal care products including toiletries, which is are likely to substantially aid Natura's toiletries product portfolio of personal care lines. Hence, this is also projected to contribute to the market growth during the forecast period.

Full report of Bath & Shower Products Market available @ https://www.omrglobal.com/industry-reports/bath-shower-products-market

Market Coverage

Segment Covered- By Product Type and Distribution Channel

Regions Covered- North America, Europe, Asia-Pacific, Rest of the World

Competitive Landscape- Beiersdorf AG, Estee Lauder Inc., Henkel AG & Company, KgaA, ITC Ltd., Johnson & Johnson Services Inc., Lion Corp., L'Oral SA, The Himalaya Drug Co., The Procter & Gamble Co., and Unilever Plc among others

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Bath & Shower Products Market - Segmentation

By Product Type

Bathing Bars & Soaps
Liquid Shower Products
Bathing Additives
Others

By Distribution Channel

Online Channels
Offline Channels
o General Stores

o Supermarkets & Hypermarkets

o Cosmetics Stores

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/bath-shower-products-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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