Industry Background:
Baby health and personal care include baby care products and infant’s food. These products include diapers, toiletries, strollers, prams and wipes for babies. The growing awareness among consumers about child care has led to rise in demand for such products.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Johnson & Johnson [United States], Kimberly-Clark [United States], Nestle [Switzerland], Procter & Gamble [United States], Babisil [united States], Cotton Babies [United States], Danone [France], Farlin [Taiwan], Henagon [United Kingdom], Himalaya Wellness [India], Mead Johnson [United States] and Pigeon [Japan] |
According to AMA, the market for Baby Health and Personal Care is expected to register a CAGR of 5.0% during the forecast period to 2028. This growth is primarily driven by Growing Awareness About Child Care, Rising Disposable Income and Growing Urbanization.
Globally, a noticeable market trend is evident Rising Demand From Emerging Countries
The Personal Products sector in the Asia Pacific region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Johnson & Johnson [United States], Kimberly-Clark [United States], Nestle [Switzerland], Procter & Gamble [United States], Babisil [united States], Cotton Babies [United States], Danone [France], Farlin [Taiwan], Henagon [United Kingdom], Himalaya Wellness [India], Mead Johnson [United States] and Pigeon [Japan], etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Puravida, a Brazilian nutrition and lifestyle company situated in So Paulo that produces and markets products like drink mixes, protein powders, nutrition bars, and snacks, has agreed to be acquired by Nestle Health Science, a division of Nestle SA.
Key Developments in the Market:
The Johnson & Johnson is acquired by Abiomed. Abiomed is now a subsidiary of Johnson & Johnson and will conduct independent business within the company's MedTech segment.
Regulatory Insights:
Baby care products are not evaluated stringently and FDA (Food and Drug Administration) regulates it just as all cosmetics. Cosmetic firms are required to check the ingredients and products to ensure safety but they are not require to register with FDA, file data on ingredients, or report cosmetic-related injuries. Though, manufacturers are mandated to provide labeling on all the products.
Influencing Trend:
Rising Demand From Emerging Countries and Growing Online Sales
Market Growth Drivers:
Growing Awareness About Child Care, Rising Disposable Income and Growing Urbanization
Challenges:
Deceasing Birthrate Especially in Developing Countries and Low Adoption Rate of These Products in Rural Areas
Restraints:
Threat of Health Hazard and Relatively High Cost Of Organic Baby Care Products
Opportunities:
Rising Women Workforce and Emergence of Organic Alternative Products
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Baby Health and Personal Care Market
- Analysis about New Entrants in Baby Health and Personal Care Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Baby Health and Personal Care Study Sheds Light on
The Baby Health and Personal Care Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Baby Health and Personal Care industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Baby Health and Personal Care industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.