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.
Bath bombs & cold pressed soaps are available in various fragrances such as fruity, floral, wood based, seeds & nuts, mint, lemongrass, and others.
Market Dynamics
Rising disposable income is driving the bath bomb & cold pressed soaps market growth. 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. In Euro zone (18 countries), the disposable income increased to US$ 32,132 thousand in 2017 from US$ 31,071 thousand in 2016.
However, high cost & curing time is expected to restraint the bath bomb & cold pressed soaps market growth during the forecast period. A single unit of bath bomb costs around US$ 4, whereas a 500 ml bottle of liquid bubble bath soap costs around US$ 10. Also, these bath bombs can be used only once and also dissolves in water completely. Therefore, aforementioned factors are expected to hamper the market growth.
Furthermore, among distribution channel, others segment is expected to grow steadily during the forecast period. Other segment includes convenience stores and are generally more expensive than supermarkets. Most of the consumers prefer convenience stores, as these stores operate for longer hours. Therefore, convenience stores sub-segment is expected to exhibit high growth in the global bath bomb & cold pressed soaps market during the forecast period.
Key features of the study
Market Segmentation
Market Segmentation
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients