According to statistics, an average person spends a year and a half in the bathroom and goes there six times a day. That said, there can be no doubt that many of us cannot survive the day without taking a shower and/or getting rid of the body wastes that have accumulated in our body. And to do these tasks, we often use different types of bath and body products that will not only help us clean ourselves but also allows us to make ourselves more presentable to others.
But beyond the value it provides to our hygiene and health, little did everyone knows that the bath and body products have an immense impact on the overall economy. In fact, one study revealed that bath, body and beauty products contribute $20 trillion in annual consumer spending globally. Experts also predict that this amount will continue to rise, reaching as high as $28 trillion in the next five years.
According to a research, this increase in the economic growth of this product niche is influenced by the shifting demographics in the US, which in part also boosted the sales of multicultural and multi-ethnic products, especially in hair products and fragrances.
To sum up, here are the key takeaways from the infographic below which reveals the top bath and body products that assist the body as well as the economy.
- The top bath products that give the economy the biggest boost are: Shampoo, conditioners, bath soaps and scrubs, body wash, and toothbrushes and toothpaste
- The top beauty products (skin care and makeup) that contribute the biggest in the economy are Facial washes, toners, serums, masks, face creams, lotions, foundations, lipsticks, mascara and eye shadow palettes.
To learn more, check out the infographic below from Sign Within.
Read also: 10 Products Every Woman Should Have.