Published on : Mar 31, 2017
Albany, New York, March 31, 2017: ResearchMoz.us has recently announced the addition of a detailed market research report on the global market for baby care and mother care products to its portfolio. The report projects that the market will expand at a healthy 6.52% CAGR over the period between 2016 and 2021F. Factors expected to drive the market include the rising population of infants in developing economies and the rising focus of companies on the e-commerce as a promising retail model to reach out to an extended consumer base.
The report is titled “Global Baby Care and Mother Care Products Market - Analysis By Product, By Region, By Country: Trends, Opportunities and Forecasts (2016-2021) - By Products (Nursing Bottles and Nipples, Soothers and Teethers, Breast Pumps, Breast Pads); By Region (Americas, Europe, APAC, ROW); By Country (U.S., Canada, France, Germany, China, India).”
The report also attributes the increased rate of urbanization in developing economies such as India and China as one of the key growth drivers of the market. The increased numbers of nuclear families in urban setting in these countries and the increasing number of families wherein both parents are in the work force tend to increase the per capita expenditure on child as well as mother care.
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On the basis of product type, the market has been segmented in the report into nursing bottles and nipples, breast pads, breast pumps, and soothers and teethers. Of these, the segment of breast pumps is projected to perform particularly well over the report’s forecast period, chiefly owing to the rising population of working mothers.
From a geographical viewpoint, the market has been examined for regions such as Americas, APAC (Asia Pacific), Europe, and Rest of the World (RoW). The report states that while developed regions such as Americas and Europe will continue to lead the global baby care and mother care products market in terms of revenue contribution, the market across emerging economies in Asia Pacific will also grow at a promising pace.
The higher rate of birth in emerging economies as compared to developed countries will be the key to market growth. Furthermore, the thriving e-commerce industry and the increasing availability of innovative product varieties in Asia Pacific are also improving the growth prospects of the market for baby care and mother care products in the region.
The report also provides a detailed overview of the competitive landscape of the global baby care and mother care products market. The report profiles some of the key companies operating in the market. The report also includes strategic recommendations for companies wanting to improve their foothold in the market. Some of the leading companies in the market profiled in the report are Munchkin Inc, Pigeon Corporation, Avents Holdings Limited, Handi-Craft Co., Medela AG, and Ameda AG.
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