by The global Disposable Shower Caps Market is estimated to be valued at US$ 486.22 Mn in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Disposable shower caps are thin, water-resistant plastic hats that are worn on the head while showering to prevent hair from becoming wet. They are typically made from polyvinyl chloride or polyethylene using an injection molding process. Disposable shower caps are convenient alternatives to reusable shower caps as they can be easily disposed after single use. Their growing demand can be attributed to increasing hygiene standards and busy consumer lifestyles. The cheap cost and easy availability of disposable shower caps have further fueled their uptake in both residential and commercial settings like hotels, gyms, and healthcare facilities.
Market key trends:
One of the key trends in the disposable shower caps market is the rising demand for biodegradable and eco-friendly shower caps. Traditional disposable caps made from petroleum-based plastics are not environment-friendly and their improper disposal pollutes the environment. Several manufacturers have launched compostable shower caps made from plant-based bioplastics like polylactic acid and sugarcane to cater to the growing consumer demand for sustainable products. Additionally, the introduction of innovative caps with advanced features like adjustable straps and better water resistance at affordable prices has also boosted the market growth. Feature rich disposable caps offer improved holding and comfort compared to basic variants.
Porter’s Analysis
Threat of new entrants: The disposable shower caps industry requires high initial capital investment and R&D costs for product differentiation, limiting the threat of new entrants. Moreover, major players dominate distribution channels, creating additional entry barriers.
Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of substitutes. However, differentiated products of major brands create some switchover costs for buyers.
Bargaining power of suppliers: Major raw material suppliers have low bargaining power considering their minimal differentiation and the availability of substitutes. Suppliers of packaging materials have moderate power.
Threat of new substitutes: Substitutes include reusable shower caps and wigs. However, convenience and low cost attract consumers, restricting the impact of substitutes.
Competitive rivalry: Major players compete based on product quality, brand image, and pricing. However, high fixed costs and preferences for established brands limit intense price competition.
Key Takeaways
The Global Disposable Shower Caps Market Size is expected to witness high growth, exhibiting CAGR of 5.7% over the forecast period, due to increasing awareness regarding personal hygiene and hair care products.
The North America region is expected to dominate the disposable shower caps market during the forecast period. Rising health and hygiene concerns coupled with growing demand for convenient personal care products are driving market growth in the region.
Key players operating in the disposable shower caps market are Xianmengprotect, TOWA, Vagabond, The Flexit Company, Yangzhou Jessica Daily Necessities, Yuanbaby, Fanavid, Hubei Huanfu Plastic, Kimirica, Betty Dain Creations. Key players are focusing on new product launches and strategic partnerships to strengthen their market position.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
