Global Bath Soaps Market to Reach $34.9 Billion by 2030
Dublin, March 27, 2024 (GLOBE NEWSWIRE) -- The "Bath Soaps: Global Strategic Business Report" report has been added to * ResearchAndMarkets.com's* offering.
The global market for Bath Soaps estimated at US$22.1 Billion in the year 2022, is projected to reach a revised size of US$34.9 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Premium Products, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$21.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Mass Products segment is readjusted to a revised 5.3% CAGR for the next 8-year period.
*The U.S. Market is Estimated at $6 Billion, While China is Forecast to Grow at 9.7% CAGR*
The Bath Soaps market in the U.S. is estimated at US$6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.8 Billion by the year 2030 trailing a CAGR of 9.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
*Select Competitors (Total 297 Featured) - *
· Avon Products, Inc.
· Barbara Stein Italia Srl
· Beiersdorf AG
· Clark Products Ltd.
· Colgate-Palmolive Company
· Coty, Inc.
· Dabur India Ltd.
· Godrej Consumer Products Ltd.
· Gojo Industries, Inc.
· Johnson & Johnson
· Kao Corporation
· Neutrogena Corporation
· Nirma Ltd.
· Procter & Gamble Company, The
· Reckitt Benckiser Group PLC
· Shiseido Co., Ltd.
· Unilever NV
· Unilever PLC
· Weleda AG
· Yardley London Ltd.
· Zeta Farmaceutici SpA*Key Attributes:*
*Report Attribute* *Details*
No. of Pages 252
Forecast Period 2020 - 2027
Estimated Market Value (USD) in 2020 $20.8 Billion
Forecasted Market Value (USD) by 2027 $29.3 Billion
Compound Annual Growth Rate 5.0%
Regions Covered GlobalFor more information about this report visit https://www.researchandmarkets.com/r/y0nwfu
*About ResearchAndMarkets.com*
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
*Attachment*
· Global Market for Bath Soaps
CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood,Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900