The baby care products global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Baby Care Products Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The baby care products market size has grown strongly in recent years. It will grow from $57.59 billion in 2023 to $63.28 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increase in birth rates, changing lifestyles, rise in awareness of product safety, health and wellness trends, increased urbanization.
The baby care products market size is expected to see strong growth in the next few years. It will grow to $91.7 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to e-commerce growth, digital parenting platforms, increasing population of working women, increasing disposable income. Major trends in the forecast period include eco-friendly and sustainable products, premium and niche products, customization, allergen awareness, packaging and design innovations.
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Scope Of Baby Care Products Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Baby Care Products Market Overview
Market Drivers –
The increase in spending on infant care is contributing to the growth of the baby care products market. Infant care generally includes feeding, changing diapers, and taking care of the infant’s hygiene. Parents are spending more on baby care products for their babies to be hygienic and to prevent skin infections. For instance, according to Selzy, a Cyprus-based cloud email marketing platform , in May 2023, American parents with children under the age of five spent over $42 billion on childcare. Therefore, an increase in spending on infant care is driving the growth of the baby care products market.
Market Trends –
Major companies operating in the baby care products market are focusing on developing innovating products, such as feather diapers, to provide a competitive edge in the market. Feather Diapers are used as baby care products for babies and kids aged 0 to 3 years and can support weights of up to 20 kg. For instance, in February 2022, R For Rabbit Baby Products Private Limited, an India-based baby product company, launched feather diapers. Feather diapers are a next-generation diaper that is highly breathable and embedded with 10 million pores. Feather diapers are designed to be soft, lightweight, and comfortable for babies. They absorb more than other diapers, so the diaper doesn’t become lumpy and feel heavy.
The baby care products market covered in this report is segmented –
1) By Type: Baby Skin Care, Baby Hair Care Products, Bathing Products, Baby Tolitories, Baby Food And Beverages, Other Products
2) By Buyer Type: Institutional Buyers, Residential Buyers
3) By Distribution Channel: Online Platform, Departmental Stores, Specialized Stores, Supermarkets, Other Distribution Channels
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Regional Insights –
Europe was the largest region in the baby care products market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the baby care products market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the baby care products market include Johnson & Johnson Services Inc., The Procter & Gamble Company, Kimberly-Clark Corporation, The Himalaya Drug Company Ltd., Beiersdorf AG, Unilever Plc, Nestle SA, Abbott Laboratories, Pigeon Corporation, Artsana Group, Dabur International Ltd., Sebapharma GmbH & Co. KG, Unicharm Corporation, Danone SA, Avon Products Inc., L’Oreal SA, Burt’s Bees Inc., Me N Moms Private Ltd., LUV N Care Ltd., ASF Global LLC, Baby Boom Consumer Products Inc., Elung Industrial Co Ltd., Bayerische Motoren Werke AG, Haverty Furniture Companies Inc., Luv Furniture Liberty Hfu, Ric Care Solutions Ltd., Krones AG, Gerber Products Company, Chicco, Munchkin Inc.
Table of Contents
- Executive Summary
- Baby Care Products Market Report Structure
- Baby Care Products Market Trends And Strategies
- Baby Care Products Market – Macro Economic Scenario
- Baby Care Products Market Size And Growth
…..
- Baby Care Products Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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