Global Baby Care Products Market 2018-2023 - Baby Food & Beverages to Witness Significant Growth - ResearchAndMarkets.com
Sep. 06, 2018
DUBLIN--(BUSINESS WIRE)--Sep 6, 2018--The "Global Baby Care Products Market - Segmented by Product Type, Distribution Channel, and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global baby care products market is expected to register a CAGR of 4.8% during the forecast period 2018-2023.The baby care products industry is projected to grow at the significant growth rate during the forecast period as many baby care products owing to increasing product Innovation, customization, affordable pricing of baby care products across the globe.Growing demand for more transparency in ingredients of the baby care products from millennial parents is changing the market dynamics from last few years. To cater to this consumer demand, major players in the market have developed special skincare and basic hygiene collections for infants.For instance, Saje Natural Wellness, Azafran Organics, and Babo Botanicals product offering gentle and moisturizing lotions, soaps, and general skincare products which are made from natural and organic plant-based ingredients.
Product Innovation is Driving Market GrowthAttractive baby food packaging and innovation in product ingredients are influencing the sales of baby care products across the globe. Purchase decision in baby care products is highly depends on nutrition of products, health benefits of the product, product suitability with baby's skin and health, along with usage convenience and cost efficiency in terms of value.Rising instances of allergies among children is driving the demand of organic baby care products. Moreover, rising number of working mothers globally is also driving the market as it endorsed to increase purchasing power and significantly higher spending on baby care products.Other HighlightsBaby Food & Beverages to Witness Significant GrowthGrowing Infant Population to Drive Growth in Asia-Pacific
Key Developments in the MarketAVON, the global beauty brand has announced the launch of Baby Care in India. AVON Care will have a range of baby care products for night usage as well as day usage that are essential for the tender care of the baby.The US multinational Johnson & Johnson said it intends to disclose 100% of the ingredients in its baby care products next month. Other consumer companies to announce fragrance ingredients disclosure efforts over the past few years include Unilever, Procter & Gamble and SC Johnson.
Key Topics Covered
2. Baby Care Products Market Insights
3. Baby Care Products Market Dynamics
4. Baby Care Products Market Segmentation
5. Baby Care Products Market by Geography
6. Baby Care Products Market Competitive Landscape
7. Company ProfilesJohnson and JohnsonDanone Inc.Nestle S.A.Abbott NutritionProcter & Gamble Co.Kimberly Clark Corp.UnileverBabisilCotton Babies Inc.The Himalaya Drug CompanyAvon Healthcare Limited CompanyBonpoint S.A.
For more information about this report visit https://www.researchandmarkets.com/research/9mpbwm/global_baby_care?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180906005366/en/
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Related Topics:Baby Care Products
INDUSTRY KEYWORD: BABY/MATERNITY RETAIL FOOD/BEVERAGE CONSUMER
SOURCE: Research and Markets
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PUB: 09/06/2018 05:50 AM/DISC: 09/06/2018 05:50 AM