Baby Products Market To Cross $121.0 Billion By 2025
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. Rising
spending capability in matured economies of North America and Europe will
augment industry growth over the next nine years.
Increasing birthrate 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.
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| U.S. Baby Products Market revenue, by product, 2014-2025, (USD Billion) |
Cosmetics & toiletries held the largest share in
the market. Cosmetics help to enhance infant skin, provide nourishment, 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.
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.
Full
Research Report On Global Baby Products Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/baby-products-market
www.grandviewresearch.com/industry-analysis/baby-products-market
Further
key findings from the report suggest:
- Baby product market is expected to witness
growth at a CAGR of 6.9% from 2016 to 2025 owing to increased female
working population resulting in higher demand for ready-to-use items
- Cosmetics & toiletries will witness the
fastest growth at a CAGR of 7.3% from 2016 to 2024 owing to rising
awareness regarding infant hygiene
- Asia Pacific market was estimated at over USD
17 billion in 2015 on account of growing awareness about baby nutrition,
hygiene and safety coupled with increased disposable income
- Key participants include Procter & Gamble
Company, Kimberly-Clark Corporation, Johnson & Johnson Plc, Unilever
Plc, Nestle S. A, and Abbott Nutrition
- Key companies in the market are focused on
increasing their global presence through mergers & acquisitions and
brand awareness. In November 2016, Dabur South Africa (Pty) Ltd acquired
South Africa’s CTL Group of Companies personal care, hair care &
creams businesses for USD 1.3 million
- In July 2016, Johnson & Johnson Consumer
Inc. completed the acquisition of Vogue International LLC, which is
engaged in the manufacturing and distribution of hair care and other
personal care products for $3.3 billion
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/personal-care-and-cosmetics
www.grandviewresearch.com/industry/personal-care-and-cosmetics
Grand View Research has segmented the global baby product market on the
basis of product and region:
Baby
Product Outlook (Revenue, USD Billion, 2014 - 2025)
- 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
Baby
Product Market Regional Outlook (Revenue, USD Billion, 2014 - 2025)
- North
America
- U.S.
- Europe
- UK
- Germany
- Asia
Pacific
- China
- India
- Japan
- South
& Central America
- Brazil
- Middle
East & Africa (MEA)
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-baby-products-market
www.grandviewresearch.com/press-release/global-baby-products-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com

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