Global Baby Needs Market Overview:
Baby needs is an umbrella term that includes skincare, haircare, baby food, toiletries, apparels, footwear, toys, baby convenience, and safety products. products are the products that are intended to be used on infants and children under the age of three. The increasing birth rate in developing countries and rising awareness about child hygiene among consumers are the driving factors for the global baby need market. These products are specially formulated to be mild and non-irritating and use ingredients that are selected for these properties.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
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:
Factors as Rising Literacy, Working Mothers, and Aggressive Marketing have Contributed to a Shift in Consumer Behavior that Allows Mothers to Use Baby Products
Market Growth Drivers:
Increasing Birth Rate in the Developing Countries, Raising Awareness about Child Hygiene among Consumers and Increasing Purchasing Power
Challenges:
High Manufacturing Cost Due to Numerous Quality Check
Restraints:
Stringent Government Rules and Regulation and Need to Meet Basic Rating Criteria and Usage of Certain Chemicals Can Be Harmful To the Baby
Opportunities:
Introduction of Baby Products with Organic Ingredient and E-Commerce to Influencing Sales in Emerging Countries
Competitive Landscape:
In order to achieve a competitive advantage in a space dominated by only a few major brands, a deep understanding of what’s driving product choice is critical.
Some of the key players profiled in the report are Johnson & Johnson (United States), Kimberly Clark (United States), Procter & Gamble (United States), Unilever (United Kingdom)Wipro (India), Avon Products, Inc. (United Kingdom), Beiersdorf AG (Germany), Loreal SA (France), Artsana S.p.A. (Italy), Dabur (India), Kroger (United States), Abbott Nutrition (United States) and Nestle (Switzerland). Additionally, following companies can also be profiled that are part of our coverage like Beingmate, Danone, HiPP and Kraft Heinz. Analyst at AMA Research see United States Vendors to retain maximum share of Global Baby Needs market by 2028. Considering Market by Distribution channel, the sub-segment i.e. Online will boost the Baby Needs market.
Latest Market Insights:
Johnson & Johnson, the healthcare giant, acquired Zarbee's Naturals, a maker of natural and organic baby and children's products. The acquisition helped Johnson & Johnson to expand its product offerings in the baby care market
The rise of e-commerce, online sales of baby products have been growing rapidly. This growth has been accelerated by the COVID-19 pandemic, which has led many consumers to shift their shopping habits online. As a result, many baby product manufacturers and retailers are investing in their online capabilities to meet the growing demand for online shopping
Consumer safety is the number one priority for cosmetic and personal care products companies, and manufacturers are committed to upholding strict FDA regulations as required by the U.S. Food, Drug, and Cosmetic Act (FD&C Act). The law requires that every cosmetic and personal care product and its ingredients be substantiated for safety before going to market and that they contain no prohibited ingredients. According to Title 21 of the Code of Federal Regulations (CFR), “the manufacture or distribution of infant formula that will be introduced to the interstate commerce in the United States must comply with the requirements of the Federal Food, Drug, and Cosmetic Act (the act), 21 USC 321 et seq., and FDA's regulations implementing the act”.
What Can be Explored with the Baby Needs Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Baby Needs Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Baby Needs
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 Needs 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 Needs 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 Manufacturers of Baby Products, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Bab Products, Retail Industry, Governmental Bodies, Research Firms and Regulatory Bodies.
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.