Bath and Shower Products Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The global bath and shower products market is projected to register a CAGR of 3.5% during the forecast period (2022-2027).
The COVID-19 pandemic has resulted in a surge in demand for cleansing solutions all around the world. People were stockpiling common consumer items, resulting in a hygiene product scarcity in most retail stores. Players have increased production to satisfy demand, especially for soap items. Henkel, for example, raised its soap supply capacity by roughly 30% globally in the first quarter of 2020. Despite this increased demand, the company's beauty care business saw negative organic sales growth of -3.9% in the first quarter of 2020, owing to retail store closures. Unilever saw a volume increase in skin cleaning and hygiene products in the first quarter of 2020, and the business debuted its products under the Hygiene brand to around 43 additional markets.
The market is primarily driven by increasing awareness about health and hygiene among people around the world. Moreover, the rising disposable income and increasing living standards of the consumers are also leading consumers to opt for more expensive and aesthetically appealing bath and shower products with different fragrances and effective ingredients. Frequent launches of enhanced products, such as seed oil or vitamin-infused shower gels, have further contributed to the growth of the market.
Layers on the items make enticing promises like germ-protecting, therapeutic, and antiseptic bathing to entice customers. As a result, keeping sanitization up to date has become crucial in preventing viral spread. As a result, the trend of hygiene maintenance is projected to boost the growth of the bath and shower products market in the future.
Bath & Shower Products Market TrendsRising Demand for Organic Bath and Shower ProductsThe organic bath and shower products sector recorded significant growth in the global market, owing to the increasing awareness about health and hygiene. Innovation and frequent launches of enhanced products have further contributed to the growth of the market. For instance, Johnson & Johnson offers Vita-Rich Revitalising Body Wash, which is made of grapes and seed oil extracts and helps revitalize the skin. Also, the growing affinity of the consumers toward organic and natural bath and shower products with specific ingredients has helped to boost sales of these products. Therefore, players, such as Azafran, Green People, and GAIA Skin Naturals, are launching organic baby products, including shower gel. Consumer propensity toward natural and organic ingredients is a big force in the increasing success of such products. Organic products are harvested without the use of chemical compounds that are synthetic. Generally, the products are plant-based, such as henna, dried fruits, vegetables, flower extracts, etc. Many of these products are purely herbal and do not contain any chemical elements that are toxic. Moreover, due to their adverse health effects, the market proposal for synthetic cosmetics has been on a downslope. The demand for organic care products in India has increased in recent years due to rising awareness and increased disposable income of the consumers.
North America to Dominate the Global MarketNorth America accounted for the largest market share, followed by Europe. The evolving buying patterns of consumers are the primary growth driver of the market in this region. Factors such as the rising penetration of e-commerce and social media are contributing to the growth of the North American market.
Key brands present across North America are investing in product and packaging innovations that suit new consumer tastes and also have a smaller environmental impact. The rising demand and penetration of male-oriented brands entering the bath and shower market with new products as men in the US are expanding their beauty routines. For instance, Brands such as Cremo and Harry’s have launched bath products, including body washes and bar soap, directly targeted toward men. Also, consumers in the country demand natural and organic products having scent and moisturizing properties to match the current fast-paced, active, healthy lifestyles and the current trend.
Bath & Shower Products Market Competitive AnalysisThe bath and shower products market is competitive and fragmented in nature, owing to the presence of many regional and domestic players. The leading companies use strategic approaches, like mergers, expansions, acquisitions, partnerships, and new product developments, to boost their brand presence among consumers. Key players dominating the market include L'Oréal, Unilever, Johnson & Johnson Consumer Inc., and L'Artisan Parfumeur.
Some of the prominent strategies adopted by the companies to increase their sales of these products during recent years have been the brands' use of social media platforms to showcase their new products. Even though the bath and shower market in the region has diversified greatly in recent years, there is still a strong concentration of retail value sales amongst a few products.
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