Report ID: SQMIG30L2139
Report ID:
SQMIG30L2139 |
Region:
Global |
Published Date: February, 2024
Pages:
265
|
Tables:
59 |
Figures:
75
Global Baby Care Products Market size was valued at USD 18.95 billion in 2021 and is poised to grow from USD 19.76 billion in 2022 to USD 27.66 billion by 2030, growing at a CAGR of 4% in the forecast period (2023-2030).
Baby care products are products designed for new borns and children under three years of age. Baby care products are generally gentle and non-irritating and use ingredients selected for these qualities. Baby skin care, baby hair care, bath products, baby toiletries, and baby food and beverages are all examples of baby care products. The demand for baby care products has increased significantly in recent years, as many patients around the world find these products exceptionally convenient and easy to use. Along with the benefits of using such products, the functionality is also excellent. The increasing population of working women has increased the demand for these products.
Healthcare experts and doctors are also recommending such products to parents, which has increased the demand for products. As parents are busy, the demand for these products will increase as they help in maintaining and monitoring the baby's health. All these factors will create good opportunities for market expansion in the coming years. Children suffer from a variety of health problems, some of which are related to complications during pregnancy and birth. Skin rashes, respiratory infections, and various other disorders have increased the demand for such products. As awareness about the availability of baby care products has increased in recent years, which helps in the hygiene and health of children worldwide, the demand for these products will continue to increase in the coming years. The use of these products has a significant impact on the growth of the market.
Due to the increase in the amount of money invested in research and development, most manufacturers are actively working to offer new products. The demand for organic products has also increased, which will provide the best opportunities for market growth in the coming years. Global demand for these products has increased as consumer spending power has increased and dual-income households are becoming more common, particularly in poorer countries. However, an increasing number of consumer safety and security concerns is the biggest challenge in the market. Side effects associated with fake products including allergies, infections, and chemical exposure will hamper the market growth.
US Baby Care Products Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30L2139