Press release
Hotel Toiletries Market Report 2024: Trends in Sustainable and Premium Amenities
Hotel Toiletries Market Report
The new report published by The Business Research Company, titled Hotel Toiletries Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the hotel toiletries market size has grown rapidly in recent years. It will grow from $19.01 billion in 2023 to $21.32 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The hotel toiletries market size is expected to see rapid growth in the next few years. It will grow to $33.84 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%.
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What Is Driving The Growth Of The Global Hotel Toiletries Market?
Surge In International Travel Boosts Growth Of The Hotel Toiletry Market
The increase in international travel is expected to propel the growth of the hotel toiletry market going forward. International travel is the act of moving across national borders from one country to another for a variety of reasons. With digital nomadism, cultural and social factors, flexible travel policies, and increasing disposable incomes, international travel is rising. International travel boosts the number of luxury and boutique hotels, which often provide premium toiletries to meet the expectations of discerning travelers. For instance, in May 2024, according to UN Tourism, a Spain-based specialized agency of the United Nations, in the first three months of 2024, 285 million tourists traveled internationally, up from about 20% in the same period of 2023. Therefore, an increase in international travel is driving the growth of the hotel toiletry market.
What Is The Key Trend In The Global Hotel Toiletries Market?
Innovative Plant-Based Hotel Amenities Enhance Eco-Friendly Guest Experience
Major companies operating in the hotel toiletries market are developing plant-based hotel amenities to cater to the growing demand for sustainable and eco-friendly options. Plant-based hotel amenities are toiletries and personal care products primarily created from natural, plant-derived materials to reduce environmental impact and appeal to the preferences of environmentally conscious tourists. For instance, in June 2023, Verden, a UK-based natural fragrance brand, launched Verden luxury guest supplies. These amenities include hand and body wash, hand and body balm, shampoo and conditioner, bath oil, reed diffusers, and candles. All products are available in the best-selling D'Orangerie fragrance, an uplifting and sophisticated blend of citrus and orange blossom that appeals to discerning luxury hotel guests. They offer products in 500-ml bottles made from 99% post-consumer plastic and 5-liter refills, with secure, lockable wall brackets for hotel and restaurant bathrooms. The amenities feature 100% natural fragrances and are 100% vegan and cruelty-free.
How Is The Global Hotel Toiletries Market Segmented?
The hotel toiletries market covered in this report is segmented -
1) By Type: Hair Care Products, Skin Care Products, Shower Products, Dental Products, Other Types
2) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Specialty Stores, Pharmacy And Drug Stores, Online Retail, Other Distribution Channels
3) By Application: Small And Medium Hotels, Luxury Hotels
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How Is The Competitive Landscape Of The Global Hotel Toiletries Market?
Major companies operating in the hotel toiletries market are Johnson & Johnson Services Inc., Unilever PLC, L'Oreal, Reckitt Benckiser Group, Beiersdorf AG, L'Occitane, Rituals Cosmetics Enterprise B.V., Aveda, Byredo, Dr Bronner's Magic Soaps, Molton Brown Limited, Penhaligon's Ltd., Gilchrist & Soames, Beekman 1802, Le Labo, ADA Cosmetics, Acca Kappa, JSR Amenities Private Limited, Accent Amenities Inc., Exotika Guest Amenities, C.O. Bigelow, Pharmacopia Natural Bodycare, Prija
Contents Of The Global Hotel Toiletries Market
1. Executive Summary
2. Hotel Toiletries Market Report Structure
3. Hotel Toiletries Market Trends And Strategies
4. Hotel Toiletries Market - Macro Economic Scenario
5. Hotel Toiletries Market Size And Growth
…..
27. Hotel Toiletries Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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