Global Breast Feeding Aid Market Overview:
The global Breast Feeding Aid market is expected to witness high growth during the forecast period due to an increase in women's employment rates and rising awareness about breastfeeding accessories. So as to provide breastmilk for a premature baby that is too weak to breastfeed a mother can use a hospital-grade pump to express milk for feedings. Apart from this, technological advancement fast-paced lifestyle and favorable health care policies are creating robust development in the global breastfeeding aid market.
Growth Drivers
- Increase in Women Employment Rates
- Rising Awareness among Consumers Regarding Child Care
Market Trends
- Growing Number of Milk Banks
- Increasing Healthcare Expenditure and Healthcare Spending
Roadblocks
- High Cost of Breastfeeding Supplies
Opportunities
- Improving Healthcare Infrastructure in Developing Economies
- Government of the Various Counties Initiatives Aimed at Improving Consumer Awareness
Challenges
- Lack of Awareness towards the Products in the Developing Countries
Competitive Landscape:
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Koninklijke Philips N.V. (Netherlands), Medela LLC (United States), Newell Brands (United States), Ameda (United States), Pigeon Corporation (Japan), Mayborn Group Limited (United Kingdom), Artsana S.p.A. (Italy), Edgewell Personal Care (United States) and Handi-Craft Company (Dr. Brown’s) (United States). Analyst at AMA Research see Global Vendors to retain maximum share of Global Breast Feeding Aid market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Breast Feeding Aid market.
Among many provisions, Section 4207 of the law amends the Fair Labor Standards Act (FLSA) of 1938 (29 U.S. Code 207) to require an employer to provide reasonable break time for an employee to express breast milk for her nursing child for one year after the child's birth each time such employee has need to express milk. The employer must also provide a place, other than a bathroom, for the employee to express breast milk.
What Can be Explored with the Breast Feeding Aid Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Breast Feeding Aid Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Breast Feeding Aid
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 Breast Feeding Aid 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 Breast Feeding Aid 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 New Entrants/Investors, Manufacturers of Breast Feeding Aid, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Research Organizations and Others.
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.