Zion Market Research, the market research group announced the analysis report titled 'Baby Care Product Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2024'
Sarasota, FL -- (SBWIRE) -- 09/13/2018 -- Global Baby Care Product Market: Overview
Baby care product are those products that promises to meet the demand for taking care of the infant, generally between 0-4 yrs of age and address various basic needs of baby in day to day life. Increasing birthrate in emerging countries such as India and China is anticipated to drive the demand for the baby care product. India with 1.29 billion of population has experienced a tremendous growth in the recent years in this industry amongst the other emerging economies.
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Global Baby Care Product Market: Growth Factors
Globally, the primary factor that is accelerating the growth of the baby care product is the increasing concerns about the child hygiene, increase in the spending power. Also, rising working parents, especially women are the key factors of growth in the baby care products. Growing urbanization, better standard of living and presence of strong e-commerce or online retailing of baby care products has lead to the growth of the baby care product market. However, factors like falling birthrate, women empowerment, availability of low cost alternatives, stringent regulations, high cost associated with product development, raw material, marketing and the hazardous effects caused by the use of some of these products had led to hinder the growth of the baby care product.
Global Baby Care Product Market: Segmentation
The baby care product market is segmented based on the products, distribution channel and the packaging. Major product types of the global baby care market include skin care, baby wipes, toiletries, nappy rash treatment, sun care and hair care. By Distribution Channel, the market is segmented into online retailing, supermarkets and hypermarkets, chemist and pharmacy, departmental stores and others. Glass, flexible packaging, paper based containers, rigid plastic, metal, liquid containers are the major packaging types of the global baby care product market.
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Global Baby Care Product Market: Regional Analysis
Asia Pacific market dominates the global baby care product market, considering the fact that most of the emerging economies are present here like India, China, Japan, Korea, Malaysia and Thailand. These countries are witnessing tremendous increase in the urbanization and industrialization leading to have a more of a disposable income for higher consumption. The region is likely to maintain its position during the forecasted period, followed by Europe and North America.
Global Baby Care Product Market: Competitive Players
Some of the key players in the baby care product market are Johnson & Johnson, Procter and Gamble, Kimberley Clark, Marks & Spencer, Nestle, Abbott Nutrition and Dabur are among the others.
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