Report ID: SQMIG25F2016
Report ID:
SQMIG25F2016 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
89 |
Figures:
76
The North American market for baby care products is expected to continue to dominate the industry throughout the forecast period due to high levels of awareness and availability of advanced baby safety products. This region has a high adoption rate of new technologies, which has led to an increase in demand for innovative baby care products. Moreover, the region has a high number of working parents who are willing to invest in high-quality and safe baby care products for their children. The presence of major players, such as Johnson & Johnson, Procter & Gamble, and Kimberly-Clark, also contributes to the dominance of the North American market.
On the other side, the Asia Pacific region is expected to be the fastest-growing market for baby care products due to an increase in the number of working parents and a rise in disposable income levels. The region has a large population of children under the age of five, which creates a significant demand for baby care products. Additionally, the increasing urbanization and changing lifestyles have led to a shift in consumer preferences towards advanced and innovative baby care products. The presence of a large number of domestic players, such as Mead Johnson, Unicharm, and Pigeon, has also contributed to the growth of the baby care products market in the region.
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Report ID: SQMIG25F2016