Baby Bottles & Nipples Market Scope
A baby bottle, also known as nursing bottle, or feeding bottle is a bottle with an attached teat on the top opening, on which can be suckled, and from thereby drank directly. It is typically used by new born babies and young children, also if someone cannot (without difficulty) drink from a cup, for feeding oneself or being fed. It is available in various size, shapes, material of bottles and also an age specific. and Extensively increasing market of baby bottle market size, in 2019 it was estimated that it will be at USD 2.71 billion and will reach to USD 2.83 billion in 2020. Major Key players in the production of baby milk formula has be providing baby bottles with their formula milk in order to expanding their reach to the consumers and the presence in the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Abbott Diagnostics, Inc. (United States), Nestlé Food Company (Switzerland), Johnson & Johnson Company (United States), Avent Limited Company (United Kingdom), Mayborn Group Limited (United Kingdom), Pigeon (Japan), Handi-Craft Company (United States), Munchkin (United States) and Firstcry (India) |
CAGR | % |
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Baby Bottles & Nipples market throughout the predicted period.
Abbott Diagnostics, Inc. (United States), Nestlé Food Company (Switzerland), Johnson & Johnson Company (United States), Avent Limited Company (United Kingdom), Mayborn Group Limited (United Kingdom), Pigeon (Japan), Handi-Craft Company (United States), Munchkin (United States) and Firstcry (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Baby Bottles & Nipples market by Type , by Application (0-6 Months Baby, 6-12 Months Baby and More than 12 Months Baby) and Region with country level break-up.
On the basis of geography, the market of Baby Bottles & Nipples has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
Reckitt Benckiser Group Plc (RKT.L), which is a British consumer goods maker selling its infant formula and child nutrition (IFCN) business in China to investment firm Primavera Capital Group for an enterprise value of 2.2 billion USD and Reckitt Benckiser, the company behind Nurofen, Dettol and Durex, is moving into baby food acquisition of a US infant formula maker
Asia Pacific is the Fastest-Growing Regional Market and European Countries Held a Significant Share in the Market and Generated a Revenue
Influencing Trend:
High Nutritional Content and Appealing Flavour Profiles, Bisphenol (Bp) A-Free, Stainless-Steel Baby Feeding Bottles and Growth-Inducing Factors For The Baby Bottles
Market Growth Drivers:
Because the product is used majorly for babies companies from Asia Pacific and Central and South America are more to tend to advance their product making it BPA free to exceed the market reach and hold their long market presence. and On the market drivers scale the product market growth is directly proportionate to manufacturing the product in the region like china and where the increasing number of working women
Challenges:
BPA (Bisphenol A) containing bottles
Restraints:
Manufacturer Using BPA Containing Bottles That Affect Consumption. and Low Fertility Rate Like Japan, South Korea, Spain, Poland, Ukraine Etc. Restraints The Market Of Feeding Bottles
Opportunities:
Increase brand acquisitions and merging with local companies in developing countries in terms of population and increase in female employments, like India, China etc
Key Target Audience
Hospitals, Household, Orphanages, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries