Global Baby Products Strategic Business Report 2023: Surging Popularity of Non-GMO and Organic Infant Formulas Benefit Market Expansion


Dublin, April 10, 2023 (GLOBE NEWSWIRE) -- The "Baby Products: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Baby Products estimated at US$12.6 Billion in the year 2022, is projected to reach a revised size of US$19.7 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.

Baby Cosmetic & Toiletries, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$10.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Baby Food segment is readjusted to a revised 5.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 6.9% CAGR

The Baby Products market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.1 Billion by the year 2030.

Select Competitors (Total 305 Featured) -

  • Abbott Laboratories
  • Beiersdorf AG
  • Dabur International Ltd.
  • Danone S.A.
  • Johnson & Johnson Services, Inc.
  • Kimberly-Clark Corporation
  • Nestle S.A.
  • Procter & Gamble Company
  • Unilever plc
  • Weleda AG

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages665
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$12.6 Billion
Forecasted Market Value (USD) by 2030$19.7 Billion
Compound Annual Growth Rate5.7%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 on Baby Products
  • Cosmetics and Toiletries Hold the Largest Segment
  • Baby Skin Care Products Segment Dominates the Market
  • Post-COVID Skin Care Situation: Overcoming Challenges in 2021
  • Baby Foods Market to Witness Steady Growth
  • Factors Impacting Sales of Baby Foods and Infant Formula in the Worldwide Market (On a Scale of 1-10)
  • Baby Safety & Convenience Products
  • Baby Products - Global Key Competitors Percentage Market Share in 2021 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Despite Decline in Global Birth Rates, Innovation and Premiumization Drive Healthy Market Growth
  • Table 7: Global Birth Rates: Number of Births (per '000 Population) for the Years 1990, 1995, 2000, 2005, 2010, and 2015
  • Birth Statistics Across the World
  • Baby Formula Market Witnesses Rapid Growth
  • Surging Popularity of Non-GMO and Organic Infant Formulas Benefit Market Expansion
  • Plant-based Infant Nutrition Gains Prominence
  • Emerging Economies to Provide Major Impetus to the Global Organic Baby Foods Market
  • Green Themes Preferred by New Generation Parents When buying toddler & baby products for skin care
  • Innovation Trends In Baby Products Market
  • Promoting Trust
  • Recent Launches
  • Rising Working Women Population Increases the Demand for Baby Products
  • Top 10 Countries Worldwide with the Highest Proportion of Working Women in the Nation's Women Population

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/wclt8c

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Global Market for Baby Products

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