HOTEL TOILETRIES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
The global hotel toiletries market is estimated to be valued at USD 23.55 Bn in 2024 and is expected to reach USD 46.54 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031. Hotel toiletries include various cosmetic and skincare products such as soaps, shampoos, conditioners, bath and shower gels, and lotions that are provided by hotels to guests for their convenience and comfort during their stay. With the rising tourism industry worldwide and growing emphasis on hospitality services, the demand for quality hotel toiletries has increased substantially. Furthermore, changing consumer preferences towards natural and organic personal care products have prompted hoteliers to offer sustainable and eco-friendly toiletries. Rapid urbanization, increasing consumer spending on travel, and expanding global middle-class population are some of the other key factors expected to propel the growth of the global hotel toiletries market in the upcoming years.
Market Dynamics:
The global hotel toiletries market is driven by rising spending on leisure travel and tourism globally. Rapid urbanization coupled with growing disposable income levels in developing economies are also fueling the demand for hotel accommodation and services. However, the market growth can be hindered due to availability of low-cost toiletries substitutes. On the positive side, shifting inclination towards natural and organic personal care products presents significant opportunities for organic and eco-friendly hotel toiletries brands. Moreover, the introduction of technologically advanced bathroom amenities by hotels to enhance guest experience and satisfaction are anticipated to create new avenues in the coming years.
Key Features of the Study:
- This report provides in-depth analysis of the global hotel toiletries market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global hotel toiletries market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Procter & Gamble Co., Unilever PLC, Colgate-Palmolive Company, Hilton Worldwide Holdings Inc., Marriott International, Inc., Accor S.A., InterContinental Hotels Group PLC, Kimberly-Clark Corporation, Bath & Body Works, LLC, Eco-Soap Bank, Guest Supply LLC (a Sysco Company), Gilchrist & Soames, and Aveda Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global hotel toiletries market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hotel toiletries market
Market Segmentation
Market Segmentation
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize Now
Credibility and Certifications
860519526
9001:2015
27001:2022
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients
