Global Baby Oil Market Overview:
Baby oil is refer as the oil which is used for massaging the babies, which stimulates the production of the hormone oxytocin and helps in relaxing them. Baby oil is extensively used for massaging the body and hair of the babies. It is majorly consider as the mineral oil to nourish the body of a baby. The market of the baby oil is increasing due to the rising preferences of the massage oil in the growing population, moreover retail industry in the developing countries, is on the pace to grow rapidly
As per latest study released by AMA Research, the Global Baby Oil market is expected to see growth rate of 5.7%Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Billion) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing organized retail sector and Growing demand for vegan & hypoallergenic-friendly oils
Market Growth Drivers:
Increase in online retailer, Rapid growth in population, People preference for massage oils and Increased Parental Concerns
Challenges:
Substitute available in place of baby oil and Higher cost associated with the product can lower the market growth
Restraints:
The decline in birth rate is indirectly affecting the market growth and Harmful components can affect the trust of parents
Opportunities:
Increase in the numbers of organised retail outlets such as hypermarkets, supermarkets, and discount stores
Competitive Landscape:
Baby Oil is The global baby carrier market is fragmented, with several companies offering the products and competing with each other to gain more market .
Some of the key players profiled in the report are Chicco (Italy), Johnson & Johnson (United States), Pigeon (South Korea), Dabur (India), Himalaya Drug Company (India), Sebapharma (India), Bio Veda Action Research (India) and Nateera International (United States). Additionally, following companies can also be profiled that are part of our coverage like Nestle (Switzerland) and Tollyjoy Baby Products (Singapore). Analyst at AMA Research see Indian and United States Vendors to retain maximum share of Global Baby Oil market by 2028.
Latest Market Insights:
In December 2022 Johnson & Johnson the world’s largest, most diversified healthcare products company, today announced it has completed its acquisition of Abiomed, Inc. Abiomed is now part of Johnson & Johnson and will operate as a standalone business within Johnson & Johnson’s MedTech segment.
In July 2022, Johnson & Johnson (J&J) has launched a new baby care brand, two years after the healthcare giant halted all sales of its iconic Baby Powder in North America over claims it contained asbestos.
What Can be Explored with the Baby Oil Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Baby Oil Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Baby Oil
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Baby Oil market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Baby Oil market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, Sub component manufacturer, Channel partners, Industry association, Downstream vendors, Government and investment communities and Research organisation and associations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.