Emerging Economies Are Expected to Be Attractive Destinations for Baby Care Products Manufacturers

NOIDA, India, September 17, 2019 (Newswire.com) - The purpose of the report by Knowledge Sourcing Intelligence, titled “Global Baby Care Products Market – Forecasts from 2019 to 2024”, provides the status of the global baby care products market globally for a five year period, including the historical forecast of 2018. This report will assist multiple stakeholders, manufacturers, raw material suppliers, and consultants across the value chain to identify the trends and opportunities across the market. The baby care products market is projected to grow at a CAGR of 4.81% throughout the forecast period.

Baby care products are products that are to be used on infants and children under the age of four. The products have been classified as baby food, body care (baby diaper and wipes and baby skin and hair care products), and baby safety and convenience (prams, strollers, and car seats). Baby toys and furniture have not been considered in the baby care products study. The demand for baby care products is majorly stemming from the emerging markets. Positive growth in birthrates, along with growing demand for convenience among working mothers across the globe, has played an important role in the increased adoption of many products that include baby food and formula, diapers, and skincare products.

By type, baby food dominates the baby food market, as more parents are spending on various baby foods and formulas to provide adequate nutrition to their infants. The burgeoning trend of organic baby food is gaining traction in both developed and developing countries, which is expected to accelerate baby food sales in the upcoming years. The baby diaper market is anticipated to witness considerable growth during the forecast period on account of the growing diaper penetration ratio in developing countries.

By distribution channel, the online baby care products market currently holds a share of 15.72% in the global baby care products market and is poised to grow at an impressive rate during the forecast period, owing to the growing propensity of working parents towards buying baby products via online stores. Convenience and affordable prices will continue to grab the attention of these people towards online baby products; thus, this will continue to drive the market growth in the upcoming years.  

The Asia-Pacific region dominated the baby care products market and held 43.88% of the global market in 2018. Rising disposable income, along with continued growth in births, has significantly driven the baby care market growth in the region. Rising awareness among parents related to their infants' health has boosted the sales of products like baby food, baby diapers, and skincare products. In developed regions, the strict laws related to baby safety has significantly driven the sales of car seats and strollers.

This report studies the market structure, forecast, growth opportunities and segregated market information of the global baby care products market.

This report provides a market forecast based on the following types:

• Baby Food
• Body Care
  • Diaper and Wipes
  • Skin and Hair Care       
• Safety and Convenience
  • Prams and Strollers
  • Car Seat

Forecast based on the following distribution channel:

• Online
• Offline

Forecast based on the following geographies:

• North America
  • By Type
  • By Distribution Channel
    • By Country
    • USA
    • Canada
    • Mexico
• South America
  • By Type
  • By Distribution Channel
  • By Country
    • Brazil
    • Argentina
    • Others
• Europe
  • By Type
  • By Distribution Channel
  • By Country
    • Germany
    • France
    • United Kingdom
    • Others
• Middle East and Africa
  • By Type
  • By Distribution Channel
  • By Country
    • Saudi Arabia
    • South Africa
    • Others
• Asia-Pacific
  • By Type
  • By Distribution Channel
  • By Country
    • China
    • Japan
    • India
    • Others​

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Source: Knowledge Sourcing Intelligence