The global Baby Care Products market was valued at US$ 64070 million in 2020 and is expected to reach US$ 88720 million by the end of 2027, growing at a CAGR of 4.7% during 2021-2027.
The baby care products market has been segmented into baby cosmetics and toiletries, baby safety and convenience products, and baby food/formula. Of these, the baby food/formula segment accounted for major share of the market in 2017. It was followed by the baby cosmetics and toiletries segment, which has been further split into baby skincare, baby hair care, baby bath, diapers, and others (including baby wipes and fragrance). The baby skin care sub-segment is further divided into baby massage oil, baby lotions, cream/moisturizers, and talcum powder. Preference for specific products among parents has boosted the demand for baby care products. However, internet marketing for baby care products has not emerged significantly in developing countries such as Russia, India, and China. This is anticipated to adversely affect the baby care products market in these countries.
Increase in infant population, high spending capacity of the people, rising number of women in the workforce and health concerns of consumers are key drivers to propel the market. In addition, convenience of the Baby Care product is another factor to drive the market Organized retail stores provide convenience to the consumers by offering several product brands under the same roof and provide them variety among numerous brands. Regionally, Asia Pacific held the major share in the global market in 2018 and is expected to hold the sway throughout the forecast period. This can be attributed largely to the substantial rise in discretionary spending by parents, especially in emerging economies, on various healthcare products for the wellness of their babies.
Global Baby Care Products Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Baby Care Products Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Artsana, Beiersdorf, Johnson & Johnson, Pigeon and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-baby-care-products-market-outlook
Segment by Type
- Baby Skin Care
- Baby Hair Care Products
- Bathing Products
- Baby Toiletries
- Baby Food & Beverages
Segment by Application
- Specialty Stores
- Convenient Stores
- Online Markets
Table of Content:
1 Baby Care Products Market Overview
2 Baby Care Products Market Competition by Manufacturers
3 Baby Care Products Retrospective Market Scenario by Region
4 Global Baby Care Products Historic Market Analysis by Type
5 Global Baby Care Products Historic Market Analysis by Application
6 Key Companies Profiled
7 Baby Care Products Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Baby Care Products Market Dynamics
10 Global Baby Care Products Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.