Report ID: SQMIG30L2204
Report ID:
SQMIG30L2204 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
61 |
Figures:
75
North America dominated the global baby bottle market, with a contribution of over 22.8% in 2021. This can be attributed to several factors, including rising awareness related to the harmful effects of plastic on the human body, as well as growing concerns about chemical contamination in baby bottles. As a result, nutritionists and pediatricians are encouraging caretakers to adopt safer materials, such as glass bottles, which is expected to result in a boost in demand for glass bottles over the forecast period. In addition, the market in North America is also characterized by a trend towards premiumization, as parents with higher disposable incomes are willing to spend more on high-quality and innovative baby bottles for their children.
The Asia Pacific region is expected to witness significant CAGR from 2022 to 2030, indicating significant growth potential in the coming years. The market in the region is characterized by increasing breastfeeding problems among women and the growing number of working women. As a result, many parents in the region are turning to baby bottles as a convenient and practical alternative to breastfeeding. In addition, innovations in product material and packaging are also expected to boost the market in the upcoming years, as manufacturers develop new and improved products to meet the changing needs of consumers. Moreover, the growing middle class and increasing disposable incomes in emerging economies such as Malaysia, Thailand, and Indonesia have resulted in a greater willingness to spend on high-quality products, including baby bottles. This is driving demand for baby bottles in the region and creating new opportunities for manufacturers to expand their offerings.
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Report ID: SQMIG30L2204