Product ID: SQMIG30L2114
Global Baby Product Market Size, Share, Growth Analysis, By Product(Baby Cosmetics & Toiletries, Baby Food), By Distribution Channel(Supermarkets/Hypermarkets, Convenience Stores) - Industry Forecast 2024-2031
Report ID:
SQMIG30L2114 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
65 |
Figures:
75
Global Baby Product Market Dynamics
Baby Product Market Driver
- The growing awareness of various health-related issues, such as fungal and bacterial infections, caused by synthetic baby products and toiletries has increased demand for chemical-free and harmless baby care toiletries. This has increased demand for skin, bathing, and other toiletries products, for which consumers are willing to pay a premium depending on quality. Moreover, innovative packaging and the incorporation of specific organic ingredients with multiple health benefits are expected to drive Baby Product Market growth.
- The increased population of working women, particularly in an emerging country like India, contributes to the increased baby care products sector, making it one of India's fastest-growing markets. The demand for baby products has been seen to grow significantly as a result of increased disposable income and the population's spending power on such superior quality products that ensure improved baby health. Rising awareness about the health benefits of consuming baby food that contains fewer pesticide residues and is specifically formulated for infants to toddlers aged six months to two years adds to its demand.
- The online availability of baby products, as well as the increase in internet penetration, contribute to the global Baby Product Market expansion. The growing number of smartphone users, easy access to internet connectivity, and the increased use of e-banking systems are expected to boost online sales of baby products. Due to their hectic lifestyles, consumers prefer the convenience of online shopping over visiting physical stores, which not only offer instant doorstep delivery but also multiple discounts and offers.
Baby Product Market Restraint
- Globally, the birth rate has been declining significantly in recent years, and declining birth rate is due to factors such as increased access to and use of contraception, and an increase in the number of women entered the workforce. The fertility rates are being driven down by rapid urbanization, increased awareness of family planning, and changing lifestyles.
Global Baby Product Market Report Snapshots
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