Published on : Feb 16, 2018
Albany, New York, February 16, 2018: A new research study that analyzes the soap, bath and shower products market in the US has been added to the comprehensive repository of Market Research Hub (MRH). The research study titled “Soap, Bath and Shower Products-US-February 2018” is an unbiased and reliable source of information that gives readers detailed and comprehensive review of the market.
According to the report, the US soap, bath and shower products market is witnessing steady growth, however broader weaknesses persist. The preference for liquid body washes is rubbing off on the soap, bath and shower product sales, and it is highly likely the status quo will remain unchanged in the future as well. The future growth of the soap, bath and shower products is likely to be dominated by rising preference for liquid options. Among the various products in the market, hand sanitizers are witnessing the largest drop.
The report opines that there is a growing preference towards therapeutic and wellness products, and manufacturers can benefit from these pervasive trends by broadening their range of offerings. End-users are looking for innovative, personalized, and customized solutions that cater to their unique needs. According to the report, future product development should take into account the overt and covert needs of consumers.
In addition to the physical effects of bathing, the psychological benefits are also likely to promote sales. Bathing is being increasingly seen as a de-stressing activity, and consumers are scouring for products that create a tranquil bathing experience. The report recommends that manufacturers should keep these emerging trends in mind while building their product strategies. Females remain the lucrative target audience for brands, and increase in female population in the US is being perceived as a positive macroeconomic influencer. The preference of females towards natural and organic products is palpable in the market, and it is expected that manufacturers will increase the production of these variants in their overall mix. The preference towards natural and organic also corresponds with the broader trends in the US market, where consumers are investing in proactive care products.
Overall, the report is a valuable source of information and analysis that studies the US soap, bath, and shower products market in detail. The competitive profiling offered in the report analyzes the business strategies of some of the leading players operating in this market. Recent developments and product launches have been discusses, and an overview of the respective position of key players has been offered for the perusal of readers.
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