Rising spending capability in matured economies of North America and Europe will augment industry growth over the next nine years. The Global Baby Product Market is expected to reach USD 121.0 billion by 2025, according to a new report by Grand View Research, Inc.
Increasing birth-rate in emerging economies of Asia Pacific including India and China is anticipated to drive the demand for infant items over the forecast period. Rising awareness among the customers about infant nutrition, hygiene, and safety in the region will fuel demand over the forecast period. Continuous innovation among manufactures is expected to propel industry growth over the forecast period.
Cosmetics & toiletries held the largest share in the market. Cosmetics help to enhance infant skin, provide nourishment, and resist swelling, itching, rashes and inflammations. Apart from that it tends to posses’ antibacterial, antifungal, antimicrobial, which soothe and provide luster to the skin. These beneficial properties are expected to drive the demand over the forecast period.
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Infant food provides essential ingredients which include vitaminB12, protein, carbohydrate, and iron which are required in different growth phases of babies, so as to develop a good immune system. Rising number of food varieties coupled with its ease of use when travelling is expected to have a positive impact on the market over the forecast period.
Top Players of Baby Products Market:
Key participants include Procter & Gamble Company, Kimberly-Clark Corporation, Johnson & Johnson Plc, Unilever Plc, Nestle S. A, and Abbott Nutrition.
Market Segmentation of Baby Products Market:
The Global Baby Product Market segmented on the basis of Product and Region.
By Product:
Cosmetic & Toiletries
Baby Skin Care Products
Bath Products
Baby Hair Care Products
Other Cosmetics & Toiletries
Baby Food
Milk Products
Frozen Baby Food
Baby Juice
Baby Food Snacks
Baby Food Cereals
Baby Safety & Convenience
Baby Strollers
Baby Car Seats
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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