U.K. BATH BOMB AND COLD PRESSED SOAPS MARKET ANALYSIS

U.K. Bath Bomb And Cold Pressed Soaps MarketSize and Trends

The U.K. bath bomb cold pressed soaps market is expected to surpass US$ 137.7 million by the end of 2030 and exhibit a CAGR of 5.4% during the forecast period (2023 to 2030).

By distribution channel, the U.K. bath bomb and cold-pressed soaps market can be segmented into hypermarkets and supermarkets, department stores, the online channel, and others (convenience stores, etc.). The department store segment held a 40% market share in 2022 and is expected to maintain its dominance during the forecast period. Most consumers prefer department stores, as these stores operate for longer hours. Therefore, the department store segment is expected to exhibit high growth in the U.K. bath bomb and cold-pressed soaps market during the forecast period.

Market Trends

• Innovative strategies to provide bio-degradable packaging: Key players operating in the U.K. bath bomb and cold pressed soaps market are adopting innovative strategies to provide bio-degradable packaging options to adapt to increasing consumer preferences for such packaging. For instance, Heavenly Bubbles Limited, a manufacturer of bath bombs in the U.K., replaced its cardboard supplier with an FSC (Forest Stewardship Council)-registered supplier. This implies that the cardboard used in the packaging of its products is fully sustainable and recyclable. Moreover, the company plans to replace the cellophane bag packaging option with a biodegradable option by 2021.

Figure 1. U.K. Bath Bomb Cold Pressed Soaps Market Revenue Share (%), By Distribution Channel, 2022