Global Luxury Bath and Body Products Market Size study, by Product (Body oil, Body washes, Body creams and lotions, Others) by Distribution channel (Online, Offline) and Regional Forecasts 2022-2028

Global Luxury Bath and Body Products Market Size study, by Product (Body oil, Body washes, Body creams and lotions, Others) by Distribution channel (Online, Offline) and Regional Forecasts 2022-2028

Global Luxury Bath and Body Products Market is valued approximately USD 14.46 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.9 % over the forecast period 2022-2028. Luxury body lotions and creams contain hydrating ingredients like nourishing plant oils, earth-derived butter, and humectants such as hyaluronic acid and glycerin that help in addressing skin concerns like eczema, chronic dryness, and loss of elasticity. From aromatherapy oils to mineral-rich salts, frothy bubble baths and spa-style scents, have gained the attention of the young population all over the world. The use of natural ingredients in the formulations of these products have further enhanced the inclination towards this class. A huge growth in consumer preference for natural or chemical-free products is driving the market. Millennials have radically reshaped the skincare market as they demand authenticity, a means of self-expression. Furthermore, the total market is expected to be driven by the benefits offered by such products including signature fragrances, essential oils, and premium aromatherapy oils, which help in uplifting one’s spirits and calming the mind, offer soothing fragrance and deliver aromatic and botanical undertones. However, high cost associated with the organic and natural products impede the growth of the market over the forecast period of 2022-2028. Also, availability of cheaper alternatives by unorganized players and feasibility of home remedies hindered the market growth.

The key regions considered for the Global Luxury Bath and Body Products Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America accounted for the greatest market share because of the vast range of sustainable body lotions and butter made of organic ingredients to cater to the changing consumer preferences, Furthermore, the rising consumer awareness regarding health and hygiene and the increasing preference for premium sustainable products are likely to fuel the demand in North America over the forecast period. Several large companies' coordinated efforts to improve their biotechnological skills and assure high-quality standards are expected to drive demand even higher in this region., the Asia Pacific regional market is expected to grow at the fastest rate. This region's rapid expansion is thought to be the result of increasing number of consumers who are seeking luxury products for bathing and personal use owing to the spa-style and aromatherapy indulgence that they offer. In addition, consumers are aspiring to maintain a healthy lifestyle, prevent diseases, and enhance their overall physical and mental well-being, thereby driving the market in the region.

Major market player included in this report are:
The Estée Lauder Companies Inc.
Chanel Limited
Aromatherapy Associates
Kao Corporation
Diptyque
Chantecaille (UK) Ltd.
Susanne Kaufmann
Omorovicza
Augustinus Bader
Tata Harper
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Body Oil
Body Lotions & Creams
Body Washes
Others
By Distribution Channel:
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Luxury Bath and Body Products Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Companies Mentioned

The Estée Lauder Companies Inc.
Chanel Limited
Aromatherapy Associates
Kao Corporation
Diptyque
Chantecaille (UK) Ltd.
Susanne Kaufmann
Omorovicza
Augustinus Bader
Tata Harper

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