USD 2.22 billion
Report ID:
SQMIG35A2213 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
126
|Figures:
77
Breastfeeding Accessories Market size was valued at USD 2.36 Billion in 2023 and is poised to grow from USD 2.51 Billion in 2024 to USD 4.15 Billion by 2032, growing at a CAGR of 6.45% during the forecast period (2025-2032).
Breastfeeding mothers can express their milk and preserve it for later use due to the market for breastfeeding equipment. Most breastfeeding accessories help with the direct expression of pumped milk into a container so that it can later be fed to the baby. The market for breastfeeding accessories also caters to mothers who produce less or inconsistent milk, and aids them in expressing milk. The increasing number of working women and the expanding global population are the two main drivers of a lucrative market for breastfeeding accessories. The expansion of this sector is also being aided by an increase in disposable money and a wide range of options for breastfeeding accessories. Additionally, it is predicted that the market expansion during the forecast period will be fueled by an increase in awareness campaigns by the government and market players regarding the availability of nursing accessories.
For instance, by organizing workshops and offering educational magazines, a number of market players, including Medela LLC, Laura & Co., Newell Brands, and Ameda, as well as universities, such as Washington University and Fudan University, are increasing women's awareness of breastfeeding and its advantages. People can now access information regarding nursing and associated accessories due to social media platforms such as Instagram, and YouTube.
US Breastfeeding Accessories Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 2.22 billion
Largest Segment
offline
Fastest Growth
online
Growth Rate
6.45% CAGR
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Global Breastfeeding Accessories Market is segmented based on the Type, Application, distribution channel, end user, and region. Based on Type the Global market is segmented into Breast Pumps, Breast Milk Bottles, Breast Milk Storage Bags, Nursing Pads, Sore Nipple Creams, Breast Shells, Nipple Shields, Breastfeeding Pillows, Breastfeeding Apparel, Cleaning Products. Based on the Application it is segmented into the Feeding, Extraction, Storage, Comfort & Others. Based on the Distribution Channel into the Online, Offline. Based on the End User it is segmented into Individuals, Hospitals, Clinics, Fertility & Surrogacy Centres, Others. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Breastfeeding Accessories Market Analysis by Distribution Channel
The global market for breastfeeding accessories is segmented into online and offline channels based on the method of distribution. The offline market category held the biggest market share in the global market for breastfeeding accessories. High market share is caused by the fact that every business in the nursing accessory sector adheres to an established distribution plan. The hub and spoke approach are the most effective, albeit it is quickly shifting to online channels as the competition heats up. Due to the entry of new competitors and start-ups, the market is becoming increasingly crowded.
Breastfeeding Accessories Market Analysis by Type
The market segment for breast-milk storage and feeding aids held the largest portion. The development of milk banks and programmes to raise awareness of bread feeding in industrialised economies are to blame for this high share. Milk storage bags are convenient, cheap, and disposable. The nursing accessory market is expected to experience the strongest global growth in the nipple care product category. Due to the widespread use of nipple care accessories by women in industrialised, high-income countries, the market is expected to rise. The introduction of products in the category also opens up a lucrative market expansion prospect for breastfeeding accessories.
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Due to the region's increasing demands for technologically advanced breastfeeding accessories, growing economy supporting breastfeeding, and ongoing healthcare infrastructure development, the market for breastfeeding accessories in North America is anticipated to grow rapidly during the forecast period. One of the main factors driving the growth of the breastfeeding accessories market in North America is the increasing number of women who are working, the high awareness of breastfeeding accessories, and the simple accessibility of different breastfeeding accessories in nations like Canada and the US.
Due to increasing awareness efforts in the region, it is predicted that the market for breastfeeding accessories in Asia Pacific will increase quickly in the upcoming years. The demand for nursing accessories in the Asia Pacific area is driven by supportive government policies, an increase in working moms, and rising birth rates in nations like India, China, Australia, Japan, and other nations in the region.
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Breastfeeding Accessories Market Drivers
Increasing Women Employment Rate Boosts the Global Market Growth
Breastfeeding Accessories Market Restraints
High Costs Hamper the Global Breastfeeding Accessories Growth
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The Global Breastfeeding Accessories Market study report will give readers a useful perspective with a focus on the global market and some of the key players, including Medela LLC, Koninklijke Philips N.V., Nuby, Newell Brands, Mayborn Group Limited, Ameda. Our market analysis also includes a part specifically devoted to such large firms, where our analysts give an analysis of each player's financial statements, along with a comparison of their products and a SWOT analysis.
Breastfeeding Accessories Market Top Player's Company Profiles
Philips Avent
Newell Brands Inc. (Graco)
Artsana Group (Chicco)
Koninklijke DSM N.V.
Mayborn Group Limited (Tommee Tippee)
Lansinoh Laboratories Inc.
NUK USA LLC
Handi-Craft Company (Dr. Brown’s)
The First Years Inc.
Evenflo Company Inc.
Nuby (Luv n’ care)
Munchkin Inc.
Béaba
Bamboobies
Boppy Company LLC
Milkies
My Brest Friend
Breastfeeding Accessories Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis of the global Breastfeeding Accessories market, the market for breast pumps is growing as a result of a variety of factors, such as an increase in the number of mothers who work globally, technological developments in product offerings, changes in consumer lifestyles, and greater awareness of Nursing Pads, Sore Nipple Creams, Breast Shells, breast pumps.
All of these elements are therefore influencing the Breastfeeding Accessories market's expansion over the anticipated period. Breast pumps have a significant market penetration in the United States due to high rates of female employment, high healthcare spending, and a well-established healthcare infrastructure.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 2.22 billion |
Market size value in 2031 | USD 3.9 billion |
Growth Rate | 6.45% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Historical Year | 2019 |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Breastfeeding Accessories Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Breastfeeding Accessories Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Breastfeeding Accessories Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Breastfeeding Accessories Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Breastfeeding Accessories Market size was valued at USD 2.22 billion in 2019 and is poised to grow from USD 2.36 billion in 2023 to USD 3.9 billion by 2031, growing at a CAGR of 6.45% in the forecast period (2024-2031).
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Report ID: SQMIG35A2213
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