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.
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.
To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/baby-products-market
Source: Grand View Research
