Research Reports
Bath Bomb & Cold Pressed Soaps market is booming across the globe explored in latest research by 2020-2027
Bath bombs are hard-packed mixture of dry ingredients, which form bubbles when it is wet and cold pressed soaps are handmade soaps, which provide more flexibility to create designs within the soap. Bath bombs and cold pressed soaps are usually considered as luxury products, owing to presence of organic & vegan ingredients, essential oils, bath salts, and others in these products. Changing lifestyle and rising disposable income across the globe are major drivers for growth of the bath bomb & cold pressed soaps market. For instance, according to Organization for Economic Co-operation and Development’s (OECD) data published in 2018, the adjusted gross disposable income of household per capita in European Union (28 countries) increased to US$ 30,143 thousand in 2017 up from US$ 29,128 thousand in 2016.
However, high cost of bath bomb & cold pressed soaps is expected to hinder the market growth during the forecast period. Bath bombs and cold pressed soaps are made from organic & natural ingredients, enriched with essential oils and other natural products, which leads to high price of bath bombs & cold pressed soaps than bubble bath liquid soaps & conventional soaps. For instance, a single unit of bath bomb costs around US$ 4, whereas a 500 ml bottle of liquid bubble bath soap costs around US$ 10. Moreover, a bath bomb is usually meant for single use only, as its repetitive use will make it less effective each time it is removed from the water before it fizzles and dissolves completely, whereas a bottle of liquid bubble bath soap can be used several times. Thus, high cost of bath bombs may hamper its adoption and hence, negatively affect growth of the market.
Top Key Players in Bath Bomb & Cold Pressed Soaps market: Village Naturals, Yumscents, Schone, Pretty Suds U.K. Limited, Essence of Earth, LUSH Ltd., Rejuvelle, Soul and Soap, Hugo Naturals, Amor Bath Bombs, and Oliver Rocket LLC among others
Regional Analysis For Bath Bomb & Cold Pressed Soaps Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Bath Bomb & Cold Pressed Soaps market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
- North America [U.S., Canada, Mexico]
- Europe [Germany, UK, France, Italy, Rest of Europe]
- Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
- South America [Brazil, Argentina, Rest of Latin America]
- Middle East & Africa [GCC, North Africa, South Africa, Rest of Middle East and Africa]
Asia Pacific accounted for significant market share in terms useful within the bath bomb & cold pressed soaps market in 2018. This growth is attributed to rising awareness amongst women about healthy skin, which is additionally increasing import of skin care products within the region. as an example , as per the International Trade Administration (ITA), in 2014, the entire import of makeup and skin care products in Australia were valued at US$ 633,433 thousands, which increased and reached US$ 688,731 thousands in 2015. As per an equivalent source, in 2013, South Korea’s total import of makeup and skin care products were valued at US$ 878.3 Mn, which increased and reached US$ 937.0 Mn in 2015.
Among product type, bath bombs segment held significant market share in the global bath bomb & cold pressed soaps market in 2018, as key players are adopting strategies such as product launches to expand their presence in the bath bomb segment. For instance, in August 2017, Musee Bath, a U.S.-based wholesale bath bomb manufacturer, launched lighted bath bomb namely, Glo Bath Bomb, with the scent of essential oils and natural olive oil. Each bath bomb includes a light activated lighted cube that automatically turns off after the bath and can be removed from water, which can be reused later.
Key players are adopting inorganic growth strategies such as acquisition, in order to increase their market share in the global bath bomb & cold pressed soaps market. For instance, PDC brands, a beauty and wellness company, announced the acquisition of ME! Bath. The acquisition aimed to expand PDC brands’ product portfolio in bath products segment including bath bombs.
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