Global baby bath and shower product sales is expected to grow at a healthy CAGR of over 6.5% during the study forecast period 2021-2031, despite a period of subdued growth in 2020, according to a latest study by ESOMAR-certified market research firm, Future Market Insights (FMI). The research study tracks baby bath and shower product sales in 20+ countries, offering a lucid analysis on how growth trend will unfold.
Biotechnology expertise is being used by the players to build high-performance baby bath and shower products, attracting a large number of customers. The use of such expertise is prominent in the highly competitive industry with great investment in research and development facilities.
For example, Massey Medicinals Company offers the ‘Candida Freedom’, a handcrafted product line, which includes biodegradable soaps and bath salts. These products contain probiotic lactospore, a Sabinsa Corporation-developed bacillus coagulans strain.
To Get a Sample Copy of the Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4827
Furthermore, due to their proven benefits, ensuring safe and radiant skin, products based on micro-biome technology are in high demand. JooMoo Ltd., for example, produced a baby body wash with its own Microbiota Immune Response Control (MIRR) technology.
This ‘three-in-one’ product, is offered on various sales platforms and are designed to cleanse, disinfect, and moisturise the baby skin. As a result, the growth of the bath and shower products industry is likely to be aided by the introduction of biotechnology.
FMI in its latest study has forecasted the market to rise at a CAGR of 6.1% between 2021 and 2031, in terms of volume of sales.
Key Takeaways from the Baby Bath and Shower Products Market Study
- The U.S. will remain a leading baby bath and shower products market, accounting for over 76% of sales in North America in 2021.
- Rising demand natural and chemical-free ingredients in baby shampoo and soaps is expected to drive the sales in the Japan and South Korea.
- In terms of product type, soap and shower gel is expected to hold a dominance through the forecast period.
- Baby bath and shower products demand to rise at 4.8% in the U.K. Sales however will surge at a higher pace in France and Spain.
- Despite hypermarkets/ supermarkets’ dominance, sales via online retailers are expected to increase at a higher rate.
Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-4827
Impact of COVID-19 on the Market
The global COVID-19 pandemic has caused a surge in demand for personal cleansing products internationally. People resorted to panic buying and stockpiling at some point.
However, the closing of retail outlets, restrictions on pricing and marketing, and curfews in many countries around the world had resulted in lower sales volumes.
Furthermore, germ-protecting, anti-septic bathing products, and medicinal products are in high demand among consumers. Therefore, manufacturers are working hard to meet this demand.
Sanitation has become a vital aspect of virus prevention, and as a result, demand for baby care products is increasing.
Who is Winning?
Some of the key players present in the baby bath and shower products market are Kimberly Clark, Johnson & Johnson’s Company, Procter & Gamble, Unilever, Wipro, Burt’s Bees, Avon Products, Inc., Beiersdorf AG, Loreal SA, Chicco, Babyganics, Himalaya, Sebapharma, Weleda, and Green People among others. Aggressive promotional strategies, advertisements, and new product launches have driven sales growth of baby bath and shower products globally.
Get Valuable Insights into Baby Bath and Shower Products Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global baby bath and shower products market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the baby bath and shower products market based on the product type (shampoo, conditioner, soap and shower gel, and others), price (premium baby care products (>US$ 50) and mass baby care products (US$ 0-US$ 50), and sales channel (hypermarkets/ supermarkets, specialty stores, multi-brand stores, online retailers, wholesalers & distributors, and other sales channels), across seven major regions.
Read Related Reports:
https://www.xing.com/discover/detail-activities/6726275950.0d6abf
https://wecanchat.mn.co/posts/34079488?utm_source=manual
https://cigarbook.mn.co/posts/34079484?utm_source=manual
About FMI:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs
