COVID-19 Impact On Bath Salts Industry Future Market Implementation, Size, Share, Trends, Forecast to 2024
Updated on Sep 25, 2020
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Bath Salt Market Overview: The Global Bath Salt Market is projected to reach USD 1.8 billion by 2024 and grow with 6.3% CAGR during the forecast period, 2019–2024. The Bath Salt Market is driven by factors such as demand from the end users market mainly from beauty care segment, mainly for the body spas owing to unique properties of salts used in aromatherapies which relaxes the human body muscles. Secondary research reveals that the use of bath salts has been increasing in treatment of arthritis. Increasing wider applications of bath salts across various industries will have a positive impact on the market growth in the coming years. Global Bath Salts Industry are used in Healthcare Sector in treatment of arthritis. Epsom Salt is Magnesium Sulphate and a key nutrient for plants and vegetables; it is extensively used in gardening sector as a supplement to the fertilizers. There are different types Bath salts available - Epsom salts, Himalayan salts, Bolivian salts, dendritic salts and Dead Sea salts. Their functionality in relaxing the muscles in the human body is predominantly driving the growth of Bath Salts. However, according to an unknown case study, Epsom salt intake can lead to severe liver injury in predisposed patients. Also use of Bath Salts as the drugs sometimes causes severe intoxication and dangerous health effects. There are also reports of people becoming psychotic as in losing touch with reality and violent. Although it is rare, there have been several cases where bath salts have been the direct cause of death. Experts said that the drug could potentially prove fatal if consumed by a child. Around the year 2006 -2007, Bath Salts began to gain in popularity in the United States and Europe as legal highs. The Drug Enforcement Administration put an emergency ban on three common man-made cathinones by October 2011. More Infographic Related Report @ https://www.marketresearchfuture.com/infographics Leading Key Players: Global Bath Salt Market players are ensuring to be innovative while building up the marketing strategies. This in return, provides a strong consumer base. Key players are focused majorly on acquisition of small players to expand their business and penetrate the global Bath Salt market. Expansion is also one of the key strategies followed by acquisition. Expansion will help in capturing the major market and increasing the production capacity to meet the rising demand from consumer’s end thereby further contributing to increasing revenue. Acquisition and expansions are evaluated to be contributing to more than 30% of strategy share and is facilitating the companies to penetrate the potential market across globe. Access Report Details @ https://www.marketresearchfuture.com/reports/bath-salts-market-1789 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.