Global Baby Care Products Market

Global Baby Care Products Market Size, Share, Growth Analysis, By Product(Baby Skin Care & Baby Toiletries and Hair Care), By Distribution Chanel(Online and Offline) - Industry Forecast 2024-2031


Report ID: SQMIG30L2139 | Region: Global | Published Date: February, 2024
Pages: 265 | Tables: 59 | Figures: 75

Global Baby Care Products Market Insights

Global Baby Care Products Market size was valued at USD 18.95 billion in 2021 and is poised to grow from USD 19.76 billion in 2022 to USD 27.66 billion by 2030, growing at a CAGR of 4% in the forecast period (2023-2030).

Baby care products are products designed for new borns and children under three years of age. Baby care products are generally gentle and non-irritating and use ingredients selected for these qualities. Baby skin care, baby hair care, bath products, baby toiletries, and baby food and beverages are all examples of baby care products. The demand for baby care products has increased significantly in recent years, as many patients around the world find these products exceptionally convenient and easy to use. Along with the benefits of using such products, the functionality is also excellent. The increasing population of working women has increased the demand for these products.

Healthcare experts and doctors are also recommending such products to parents, which has increased the demand for products. As parents are busy, the demand for these products will increase as they help in maintaining and monitoring the baby's health. All these factors will create good opportunities for market expansion in the coming years. Children suffer from a variety of health problems, some of which are related to complications during pregnancy and birth. Skin rashes, respiratory infections, and various other disorders have increased the demand for such products. As awareness about the availability of baby care products has increased in recent years, which helps in the hygiene and health of children worldwide, the demand for these products will continue to increase in the coming years. The use of these products has a significant impact on the growth of the market.

Due to the increase in the amount of money invested in research and development, most manufacturers are actively working to offer new products. The demand for organic products has also increased, which will provide the best opportunities for market growth in the coming years. Global demand for these products has increased as consumer spending power has increased and dual-income households are becoming more common, particularly in poorer countries. However, an increasing number of consumer safety and security concerns is the biggest challenge in the market. Side effects associated with fake products including allergies, infections, and chemical exposure will hamper the market growth.

US Baby Care Products Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Global Baby Care Products Market size was valued at USD 18.95 billion in 2021 and is poised to grow from USD 19.76 billion in 2022 to USD 27.66 billion by 2030, growing at a CAGR of 4% in the forecast period (2023-2030).

Global baby care products market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global baby care products market. 'Johnson & Johnson', 'Procter & Gamble', 'Unilever', 'Kimberly-Clark Corporation', 'Beiersdorf AG', 'Nestle S.A.', 'Abbott Laboratories', 'The Himalaya Drug Company', 'Babyganics', 'Sebapharma GmbH & Co. KG', 'Mothercare plc', 'Mustela', 'Earth Mama Organics', 'California Baby', 'Burt's Bees Baby', 'Gerber Products Company', 'Huggies (Kimberly-Clark)', 'Pampers (Procter & Gamble)', 'Aveeno Baby (Johnson & Johnson)', 'Chicco'

Busy schedules and an increase in disposable income

Innovation is the secret to success in the baby care products market as new and improved products attract more consumers. The growing demand for organic products is key trend in market that expected to increase the demand for innovative products in the future. Due to this, the demand for baby care products is expected to increase in the coming years. In the future, product innovation and focus on research and development is expected to benefit the baby care products market.

Asia Pacific accounts for the largest share at over 40% and is expected to grow at the fastest CAGR during the forecast period. Every year, according to the National Bureau of Statistics, approximately 17 million newborns are born in China. Similarly, according to the UN, India's population is 1.37 billion and is expected to increase to over 270 million by 2050. India and China have the largest population in the world. Both these countries have higher birth rates than other countries. This has resulted in increased consumption of baby care products in Asia. Also, government initiatives to promote girl child rearing in India, as well as the prevalence of diseases and disorders are increasing the demand for baby care products. Additionally, the growing infant population, along with the awareness about infant health, is positively boosting the sales of baby care products. Furthermore, urbanization is contributing to the increase in the number of nuclear families in cities in India and China. All these factors contribute to the consumption of baby care products in the region.

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Global Baby Care Products Market

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