The Medicated Bath Additive Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Medicated Bath Additive Global Market Report 2024, The medicated bath additive market size is expected to see strong growth in the next few years. It will grow to $42.20 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rising preference for natural products, rise of biotechnology-inspired formulations, demand of aromatherapy, rise in maintaining personal health, growing awareness about hygiene issues. Major trends in the forecast period include growing trend of refillable packaging, changing consumer preferences, introduction of innovative product offerings, growing emphasis on health and wellness, introduction of wide range of product offerings.
The rising prevalence of skin conditions is expected to propel the growth of the medicated bath additive market going forward. Skin conditions refer to any abnormality, disorder, or disease that affects the skin, which is the largest organ of the body. The prevalence of skin conditions prompts the utilization of medicated bath additives, as they offer targeted therapeutic benefits by delivering active ingredients directly to the skin, addressing symptoms, and promoting overall skin health. For instance, in August 2021, according to the Centers for Disease Control (CDC), a US-based federal government agency for the prevention and control of diseases, more than 7.5 million people in the USA and over 125 million people globally suffered from psoriasis, one of the most prevalent chronic cutaneous dermatitis. Therefore, the rising prevalence of skin conditions is driving the growth of the medicated bath additive market.
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The medicated bath additive market covered in this report is segmented –
1) By Product: Bath Bombs, Bath Soaps, Shower gel, Shampoo, Conditioner, Accessories
2) By Form: Solid, Gels And Jellies, Liquid, Other Forms
3) By Gender: Male, Female
4) By Distribution Channel: Retail Pharmacies, Supermarket Or Hypermarket, Online Sales, General Stores, Cosmetic Stores
Major companies operating in the medicated bath additive market are focusing on innovations, such as medicated body care products, to cater to the needs of individuals engaged in workouts and recovery. Medicated body care products are personal care products that contain active ingredients that are intended to treat or prevent specific skin conditions or diseases. For instance, in March 2022, Degree by Unilever Plc, a UK-based consumer goods company, launched new deodorant and body care products, including Maximum Recovery skin cleansing products. The Degree Maximum Recovery Body Wash & Soaks, featuring Epsom salts, electrolytes, and mood-boosting fragrance technology, work with hot water in showers for recovery. Massage bars relieve tension, cleanse and refresh skin, and double as bubble baths.
The medicated bath additive market report table of contents includes:
1. Executive Summary
2. Medicated Bath Additive Market Characteristics
3. Medicated Bath Additive Market Trends And Strategies
4. Medicated Bath Additive Market – Macro Economic Scenario
5. Global Medicated Bath Additive Market Size and Growth
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26. South America Medicated Bath Additive Market
27. Brazil Medicated Bath Additive Market
28. Middle East Medicated Bath Additive Market
29. Africa Medicated Bath Additive Market
30. Medicated Bath Additive Market Competitive Landscape And Company Profiles
Top Major Players:
- Johnson & Johnson
- LVMH Moët Hennessy Louis Vuitton S.E
- Unilever plc
- L’Oréal S.A
- Reckitt Benckiser Group plc
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