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Epsom Salt Market to Generate USD 6.87 Billion Revenue by 2032 at 5.36% CAGR – Report by Market Research Future (MRFR)

Nov 21, 2023 8:00 PM ET

Epsom Salt Market to Generate USD 6.87 Billion Revenue by 2032 at 5.36% CAGR – Report by Market Research Future (MRFR)

Epsom Salt Market Overview:

The global Epsom salt market is expected to grow steadily, witnessing increasing demand. Epsom salts witness massive consumption in the pharma industry, which will foster market growth. Market Research Future (MRFR) confirms that the global Epsom Salt Market will grow to USD 6.87 BN by 2032 from USD 4.3 BN in 2022, with a 5.36% CAGR during the assessment period (2023-2032).

Increased consumer awareness, increasing incidence of diseases, and the growing use of Epsom salt in spas and salons are key market drivers. Increasing usage of Epsom salt in cosmetic & personal care products boosts the market size. Cosmetic & personal care products are witnessing impressive growth globally, supporting the Epsom salt market growth.

Also, the rising consumption of Epsom salt in the production of various home care products, such as cleaning agents and detergents, substantiates market shares. Additionally, the spurting growth across the end-use industries, such as the agriculture and pharmaceutical sectors, fosters the Epsom salt market revenues. Increasing production levels of fertilizers is another key growth driver. Moreover, rising numbers of personal and home care product manufacturers substantiate the Epsom salt market size.

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Epsom Salt Market

Global Epsom Salt Market – Segments:

The analysis is segmented into forms, applications, and regions. The form segment is sub-segmented into granules, powder, and crystal. The application segment is sub-segmented into agriculture, food & beverages, personal care, pharmaceuticals, and others. By regions, the Epsom salt market is segmented into the Americas, Europe, Asia-Pacific, Middle East & Africa, and the rest of the world.

Global Epsom Salt Market – Regional Analysis:

The Asia Pacific region dominates the global Epsom salt market, witnessing high demand from home care, personal care, pharmaceutical, agriculture, and other industries. Also, the Increasing use of Epsom salt in spas & salons boosts the market demand hugely. The economy in the region is developing rapidly, and investments in the fertilizer industry are growing, too, which, as a result, drives a vast consumption of Epsom salt.

Global Epsom Salt Market – Competitive Analysis:

Highly competitive, the Epsom salt market appears to be fragmented, with several well-established players forming a competitive landscape. To gain an edge over their rivals, market players initiate strategic approaches such as mergers & acquisitions, collaboration, expansion, and product/ technology launches. Manufacturers try to grow their share through overall operating earnings.

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Major Players:

Leading Epsom salt market players include Dadakarides Salt SA (Greece), Kneipp GmbH (Germany), Giles Chemical (US), STENDERS (Latvia), L’Occitane International SA (Switzerland), Shiseido Company Limited (Japan), Unilever PLC (UK), Kao Corporation (Japan), Bathclin Corporation (Japan), Parfums De Coeur, Ltd (US), CVS Pharmacy (US), San Francisco Salt Company (US), SaltWorks, Inc. (US), Baymag Inc. (Canada), and K+ S Kali Gmbh (Germany), among others.

Industry/Innovation/Related News:

May 12, 2023 — The Natural Grocers Brand launched Epsom salts in four scents to provide users with a high-quality experience with a quick soak at the end of a long day. The product comes in four new fragrances, including the Tea Tree Foot Fork, Peppermint Muscle Soak, Lavender Relaxation, and the Eucalyptus Everyday Cleanse. The products come in 64-ounce bags with 100% USP grade magnesium sulphate with essential oils used for their fragrance to prioritize a naturalistic experience.

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide.

Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients.

Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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