Global Baby Bottle Market to Grow at a CAGR of 4.08% During the Period 2016-2020; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Baby Bottles Market 2017 - 2021” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 11/08/2016 --Report forecast the global baby bottle market to grow at a CAGR of 4.08% during the period 2016-2020.
Developing countries have registered considerable economic growth in the past few years. With most of these countries also seeing healthy birth rates and improving healthcare conditions, along with growing disposable incomes, the demand for baby care products will also likely grow over the next few years. Baby health and personal care products are convenient to use and have evolved with time in terms of product innovation and materials used in manufacturing. The baby bottles segment of the baby health and personal care products market has seen considerable growth in recent years, and it is expected to continue along the same trajectory during the forecast period. Technological innovations and the growing number of working women are further set to propel the growth of the market.
The report covers the present scenario and the growth prospects of the global baby bottle market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of baby bottles to individual consumers.
The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA
According to the report, one of the primary drivers in the market is increased production and marketing of formula milk. Diet can affect the quality of breast milk. Owing to a shift in eating habits, it has become immensely difficult for new mothers to be able to breastfeed their children. A transformation from the regular healthy balanced diet to the increased amount of fast food intake by new mothers has disrupted breastfeeding.
Further, the report states that one major challenge in the market is awareness of benefits associated with breastfeeding. Women today have become increasingly aware of the benefits of breastfeeding. Healthcare practitioners are encouraging mothers to breastfeed their babies at least until they turn one. Children who are breastfed for the first year exhibit more resistance to diseases and are much less likely to contract disease later on. The growing number of awareness activities in emerging countries has also been encouraging parents to adopt breastfeeding, further affecting the growth of the market. One example of such awareness activities is the World Breastfeeding Week, which is organized every year in the first week of August by the World Alliance for Breastfeeding Action (WABA), UNICEF, and WHO. Nestlé launched a campaign called Super Baby in India in 2013 to spread awareness about the benefits of breastfeeding.
Global Baby Bottle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global baby bottle market: Handi-Craft, Mayborn, Munchkin, Philips, and Pigeon.
Other prominent vendors in the market are: BABISIL, Bouche Baby, Chicco, Comotomo, Evenflo, Lansinoh Momma, LOVI, MAM, Medela, nip, Nuby, NUK, PLAYTEX, Richell, Zhejiang Rikang Baby Products, and Summer Infant.
Market driver
- Increased production and marketing of formula milk.
- For a full, detailed list, view our report
Market challenge
- Risks associated with use of BPA in baby bottles.
- For a full, detailed list, view our report
Market trend
- Improvements in mechanization and implementation of IoT in baby bottles and associated products.
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 73 pages and 40 Exhibits "Global Baby Bottles Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product type, Market segmentation by product size, Market segmentation by retail format, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
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