Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Bath Oil Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.5% during the review period (2022 to 2027).
Bath Oil Market Overview
Bath oils are made up of highly beneficial components that feed and hydrate the body as well as aid in washing and cleaning the skin. Bath oils manufactured from a combination of synthetic and natural components successfully protect the skin from germs, improving a person's skin health. Growing party and celebration trends among the world's population create a need for individuals to have polished appearances, which increases the need for bath oils manufactured from various flowers including demask rose, lavender, and chamomile.
Who are the Major Players in Bath Oil Market?
The global Bath Oil includes L'OCCITANE, Sabon, Jo Malone, Dior, Lush, ESPA, Susanne Kaufmann, Aromatherapy Associates, Hempz, Aveda, Olverum, Dr. Hauschka, REN Clean, Kneipp
Recent Developments:
L’OCCITANE Group acquires Australian holistic beauty brand, Grown Alchemist
24/03/2022-The L’OCCITANE Group, a leading international retailer and manufacturer of sustainable beauty and well-being products, is pleased to announce its acquisition of a majority control in Australian cosmeceutical, clean skincare brand, Grown Alchemist. Co-founded in 2008 by Melbourne brothers, Jeremy and Keston Muijs, the brand has fast-developed a global following with its focus on futuristic anti-ageing technology and unique botanical skincare formulas for optimal skin health.
Abacus Health Products Announces Acquisition of Harmony Hemp
Abacus Health Products, Inc. (CSE: ABCS, OTCQX:ABAHF) (“Abacus” or the “Company”) is pleased to announce that it has acquired the principal assets of the companies owning the Harmony Hemp™ brand for an aggregate consideration of US$5.5 million, payable in cash and subordinate voting shares of Abacus over a 24 month period in accordance with the terms of the acquisition agreement entered into on February 10, 2020. Harmony Hemp is a leading brand in CBD-infused personal care products with national distribution to more than 4,000 locations in major grocery and drugstores.
What are the major Applications, Types and Regions for Bath Oil Market?
Bath Oil Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
By Application it is segmented into
Bath Oil Market Regional Analysis
Due to the significant import of scented essential oil goods including bath oils, body massage oils, and hair oils, Europe is expected to dominate the market. The CBI Ministry of Foreign Affairs estimates that imports of essential oils into Europe increased by 15 percent annually from 2014 to 2018 and reached 90,000 tonnes in that year. Additionally, consumers in nations like the UK and the Netherlands are using more aromatic bath oils due to expanding consumer purchasing power on scented bath products. In 2019, UK consumers spent USD 4.75 billion on scented bath and body products, according to the Fragrance Foundation. Also, the presence of the higher income group of the population in the region is expected to drive the demand for luxury personal care products.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Bath Oil Market report scope?
Reports Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 7.5% during the review period (2022 to 2027).
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By Type
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By Application
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By Companies
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L'OCCITANE, Sabon, Jo Malone, Dior, Lush, ESPA, Susanne Kaufmann, Aromatherapy Associates, Hempz, Aveda, Olverum, Dr. Hauschka, REN Clean, Kneipp
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Regions Covered
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•North America
•Europe
•Asia-Pacific
•Rest of the World
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Countries Covered
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•US
•Canada
•Germany
•France
•UK
•Italy
•Spain
•Rest of Europe
•China
•Japan
•India
•Australia
•South Korea
•Rest of Asia-Pacific
•Middle East & Africa
•Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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109
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Bath Oil Report
- Evaluate Bath Oil market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Bath Oil market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Bath Oil market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Bath Oil Market is studied from 2017 - 2027.
What is the growth rate of Bath Oil Market?
The Bath Oil Market is growing at a CAGR of 7.5% over the next 5 years.
Who are the leading key players in Bath Oil Market?
L'OCCITANE, Sabon, Jo Malone, Dior, Lush, ESPA, Susanne Kaufmann, Aromatherapy Associates, Hempz, Aveda, Olverum, Dr. Hauschka, REN Clean, Kneipp
What regions does this Bath Oil Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Bath Oil Market?
Mild Type, General Type
What are the significant Applications of Bath Oil Market?
Infants, Adults
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
