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Asia Pacific Epsom Salt Market By Form (Granules, Crystal, Powder, Bath Bombs), Distribution Channel (Store Based, Non-Store Based), Application (Agriculture, Personal Care & Home Care, Food Additives & Pharmaceutical, Chemical & Industrial And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: January, 2022
ID: 4023
Pages: 145

Asia Pacific Epsom Salt Market Growth and Forecast (2022 - 2027):

Asia Pacific Epsom Salt Market was worth USD 0.59 billion in 2021 and estimated to be growing at a CAGR of 6.57 % to reach USD 0.81 billion by 2026.

Market Overview:

Epsom salt is a mineral compound containing magnesium and sulfate with a chemical name as Magnesium sulfate (MgSO4). In market, Epsom salt are widely used as bath salts which are used in various applications like agriculture, gardening, healthcare, cosmetics and others. Epsom salt is considered as organic fertilizer because it is applied to soil and plants as a foliar spray. It is used in agriculture and soilless culture for promoting of healthy plants, to offer plant nutrient and decrease magnesium deficiency in soil.

Epsom salt is also considered as healing minerals because magnesium helps in regulating enzyme activity, monitoring body functions ranging from muscle control to energy production and removal of harmful toxins. Sulfate plays a significant role in many biological processes such as formation of proteins in joints, detoxifying drugs & environmental contaminants, formation of brain tissue, and helps in cascading the digestive enzymes released from the pancreas.

Drivers and Restraints:

Epsom salt is used as fertilizer and healing minerals with diverse applications in agriculture, personal care & home care products, livestock, food processing, medicine, chemistry, marine and others which attributes the growth of the Asia-Pacific Epsom salt market. It is a cost-effective measure to eradicate acute and chronic health problems. Other factors like growing awareness, innovations in agriculture sectors and technological advancements for its production are also driving the market. However, factors like lack of knowledge in rural areas, strict rules for the product approval and ethical issues are hindering the growth of the market.

Asia Pacific Epsom Salt Market Segmentation Analysis:

The Epsom salt market has been segmented on the basis of form, distribution channel and application. On the basis of form, the market is segmented into granules, powder, crystal and bath bombs. Crystal segment is expected to have largest share and the bath bombs is projected to have fastest growth throughout the forecast period. On the basis of application, Epsom salt market is segmented into agriculture, food additives & pharmaceutical, personal care & home care, Chemicals & industrial and others. Personal care & home care segment is projected to account maximum market proportion during the forecast period. On basis of distribution channel, Epsom salt market is segmented into store based, non-store based. Store based segment also can be sub segmented into drug stores & specialty pharmacies, health & wellness centre, supermarkets & hypermarkets, convenience stores and others. Non- Store based distribution channel is gaining momentum in the forecast period.

Region Analysis:

The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia-pacific has the largest market share in the global market Europe due to rising disposable income and massive growth of personal care & home care industry and pharmaceutical industry, increasing urbanization, Robust economic growth, explosion in the middle-class population.

Key Players in the Market:

Major key players in the Asia Pacific Epsom Salt Market are

Bathclin, Parfums De Coeur, Ltd, CVS Pharmacy, San Francisco Salt Company, SaltWorks, Inc., Baymag Inc., and K+ S Kali Gmbh.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Form                             

                                5.1.1 Introduction           

                                5.1.2 Granular   

                                5.1.3 Powder    

                                5.1.4 Crystal       

                                5.1.5 Bathbombs             

                                5.1.6  Y-o-Y Growth Analysis, By Form    

                                5.1.7  Market Attractiveness Analysis, By Form  

                                5.1.8  Market Share Analysis, By Form   

                5.2 Distribution Channel                               

                                5.2.1 Introduction           

                                5.2.2 Store based            

                                5.2.3 Non-Store based  

                                5.2.4 Y-o-Y Growth Analysis, By  Distribution Channel     

                                5.2.5 Market Attractiveness Analysis, By Distribution Channel    

                                5.2.6 Market Share Analysis, By Distribution Channel      

                5.3 Application                 

                                5.3.1 Introduction           

                                5.3.2 Agriculture              

                                5.3.3 Personal Care & Home Care            

                                5.3.4 Food Additives & Pharmaceutical  

                                5.3.5 , Chemical & Industrial       

                                5.3.6 Others      

                                5.3.7 Y-o-Y Growth Analysis, By Application         

                                5.3.8  Market Attractiveness Analysis, By Application      

                                5.3.9  Market Share Analysis, By Application       

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Form

                                                6.1.3.3 By Distribution Channel

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Form

                                                6.1.4.3 By Distribution Channel

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Form

                                                6.1.5.3 By Distribution Channel

                                                6.1.5.4 By Application

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Bathclin                        

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Parfums De Coeur, Ltd                          

                8.3 CVS Pharmacy                           

                8.4 San Francisco Salt Company                

                8.5 SaltWorks, Inc.,                         

                8.6 Baymag Inc.,                              

                8.7 K+ S Kali Gmbh                          

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Asia Pacific Epsom Salt Market By Form, From 2022 - 2027 ( USD Billion )
  2. Asia Pacific Crystal Market By Region, From 2022 - 2027 ( USD Billion )
  3. Asia Pacific Granular Market By Region, From 2022 - 2027 ( USD Billion )
  4. Asia Pacific Powder Market By Region, From 2022 - 2027 ( USD Billion )
  5. Asia Pacific Bath bombs Market By Region, From 2022 - 2027 ( USD Billion )
  6. Asia Pacific Epsom Salt Market By Application, From 2022 - 2027 ( USD Billion )
  7. Asia Pacific Agriculture Market By Region, From 2022 - 2027 ( USD Billion )
  8. Asia Pacific Personal Care & Home Care Market By Region, From 2022 - 2027 ( USD Billion )
  9. Asia Pacific Food Additives & Pharmaceutical Market By Region, From 2022 - 2027 ( USD Billion )
  10. Asia Pacific Chemical & Industrial Market By Region, From 2022 - 2027 ( USD Billion )
  11. Asia Pacific Others Market By Region, From 2022 - 2027 ( USD Billion )
  12. Japan Epsom Salt Market By Form, From 2022 - 2027 ( USD Billion )
  13. Japan Epsom Salt Market By Application, From 2022 - 2027 ( USD Billion )
  14. China Epsom Salt Market By Form, From 2022 - 2027 ( USD Billion )
  15. China Epsom Salt Market By Application, From 2022 - 2027 ( USD Billion )
  16. India Epsom Salt Market By Form, From 2022 - 2027 ( USD Billion )
  17. India Epsom Salt Market By Application, From 2022 - 2027 ( USD Billion )
  18. Australia Epsom Salt Market By Form, From 2022 - 2027 ( USD Billion )
  19. Australia Epsom Salt Market By Application, From 2022 - 2027 ( USD Billion )
  20. South Korea Epsom Salt Market By Form, From 2022 - 2027 ( USD Billion )
  21. South Korea Epsom Salt Market By Application, From 2022 - 2027 ( USD Billion )

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