The North America Luxury Bath And Body Products Market would witness market growth of 6.7% CAGR during the forecast period (2021-2027).
The bath and body products market focuses on consumer goods that are used for bath and body care. Shower gels, bath bombs, body butter, soap bars, body lotions, as well as body sprays are examples of this type of product. As consumers grow more conscious of their lifestyle choices, there has been a progressive movement in the acceptance of organic and vegan personal care products over conventional goods, resulting in a transformation of traditional conceptions of personal care and beauty
The demand for various moisturization and nourishment products is increasing from customers. Body products, such as nourishing in-shower body milk and ultra-moisture in-shower body lotion are on the rise across the world. The in-shower products' demand is growing in popularity due to their dual effects, such as moisturizing or bathing, and sun protection, all in one product. As a result, the global market is expected to benefit from rising infant product use and the introduction of In-Shower variations.
Organic and natural goods that have been developed according to organic farming standards are found in organic body products, especially if the product is certified organic. In addition, there are numerous advantages of utilizing bath and body products in day-to-day life. Most importantly, Natural and organic products can significantly enhance the texture of the skin. People are constantly switching from mass-produced bath and body products to organic and natural alternatives. Bath and body products containing aggressive synthetic chemicals can cause skin irritations and breakouts.
Due to high-income groups in the United States and Canada, the market in North America is primarily being driven by the adoption of premium as well as luxury body wash and shower gel products. Because of its underdeveloped economic conditions, Mexico's market is dominated by low-cost solid soaps. Aside from that, the progressive expansion of Mexico's care industry would increase the demand for shower and bath products among the population across this region. A significant rise in Mexico's market for beauty, cosmetics, and personal care items is being recorded. Moreover, as a result of DIY hair coloring, nail care and care in other beauty categories are gaining new customers. In the United States, various companies are reporting a rise in the sales of hair dye and hair clippers by significant proportions.
The US market dominated the North America Luxury Bath And Body Products Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5,371.4 Million by 2027. The Canada market is anticipated to grow at a CAGR of 9.2% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 8.2% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product, the market is segmented into Body Lotions & Creams, Body Oil, Body Washes, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Luxury Bath and Body Products Market is Estimated to reach $22 Billion by 2027, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Estée Lauder Companies, Inc., Chanel S.A., Aromatherapy Associates (Walgreens Boots Alliance group), Kao Corporation, Diptyque (Manzanita Capital Ltd.), Chantecaille Beauté (Beiersdorf AG), Susanne Kaufmann Kosmetik GmbH, Bamford Ltd., ASC Regenity, Inc. (Augustinus Bader), and Tata's Natural Alchemy, LLC.
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