Global Baby Care Product Market Will Reach USD 108.04 Billion By 2024: Zion Market Research

According to the report, global baby care product market was valued around USD 87.14 billion in 2017, and is expected to reach above USD 108.04 billion by 2024 and is anticipated to grow at a CAGR of slightly above 4.39% between 2018 and 2024.


New York, NY, Oct. 26, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Baby Care Product Market by Type (Skin Care, Baby Wipes, Toiletries, Nappy Rash Treatment, Sun Care, And Hair Care), and by Distribution Channel (Online Retailing, Supermarkets And Hypermarkets, Chemist And Pharmacy, Departmental Stores, And Others): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2017 – 2024”. According to the report, global baby care product market was valued around USD 87.14 billion in 2017, and is expected to reach above USD 108.04 billion by 2024 and is anticipated to grow at a CAGR of slightly above 4.39% between 2018 and 2024. 

Baby care products are used for baby hygiene under the age of three. The baby care products are non-irritating and mild. Baby care product includes skin care products and hair care products for baby.

Browse through 71 Tables & 16 Figures spread over 110 Pages and in-depth TOC on “Global Baby Care Product Market Size & Share: By Type, Industry Trends, Growth, Segments and Forecast, 2017 – 2024”.

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Increasing hygiene care for the baby is anticipated to enhance the growth of the global baby care product market over the forecast period. According to the World Health Organization (WHO), in 2015, around 5.9 million children below five years age died. 

Hygiene issues such as infection among children and diarrhea are the major causes for high mortality rate among infants. Moreover, some awareness campaigns are conducted by the government to make people aware of baby health and hygiene. Campaigns such as diaper bank are conducted by some NGO’s to explain the significance and benefits of diaper use for babies. In addition, they are also promoting the use of environment-friendly diapers such as biodegradable diapers for total baby healthcare. 

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Absorbent pants are also used for the baby, but these are not toiletries. A diaper is made up of three layers, topmost layer is an inner layer which is next to baby's skin and made up of soft material, the middle layer is made up of superabsorbent polymer (SAP), and the third layer is waterproof outer shell, consisting of an elastic band and polyethylene back sheets. The SAP is also called as the super absorption polymer.
The baby care product market is segmented on the basis of type and distribution channel. The type segment is classified as skin care, baby wipes, toiletries, nappy rash treatment, sun care, and hair care. Toiletries and nappy rash treatment emerged as the leading segments, owing to their use in preventing rashes and redness on the baby skin as well as the adverse effect of diarrhea on the baby skin. Biodegradable products are expected to accelerate the growth of baby care product market in the coming years. In addition, the rising awareness about the eco-friendly products among both the consumers and the manufacturers is likely to boost the product demand in the ensuing years.

The Asia Pacific baby care product market is anticipated to expand at the substantial growth rate of around 7% CAGR over the forecast period. In addition, the Asia Pacific baby care product market is the highest revenue contributing region and is expected to remain in the leading position in the near future, owing to the high product innovation, increase in the usage of baby care products, and increasing working women population in the major countries of region including China, Japan, and India.

Browse the full "Baby Care Product Market by Type (Skin Care, Baby Wipes, Toiletries, Nappy Rash Treatment, Sun Care, And Hair Care), and by Distribution Channel (Online Retailing, Supermarkets And Hypermarkets, Chemist And Pharmacy, Departmental Stores, And Others): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2017 – 2024" report at https://www.zionmarketresearch.com/report/baby-care-product-market

The flourishing Middle East and Africa cloth diapers sector is likely to boost the growth of baby care product market across the region in near future.  In addition, increasing disposable incomes and improved socio-economic conditions witnessed across the region are the key factors that are expected to generate lucrative growth avenues for the baby care product market during the forecast period. Large-scale investments in the product manufacturing activities along with the rising awareness among the parents about baby health and wellness products is anticipated to soar the business expansion in the region. Iran and Saudi Arabia are likely to be the major regional growth drivers for the Middle East and Africa baby care product market in the forthcoming years. Latin America market is anticipated to expand at a moderate growth rate over the forecast period. In 2017, Brazil baby care product market accounted for a relatively highest share in the Latin America region and is anticipated to expand at a significant growth rate in the near future, owing to product development, decreasing mortality rate, and rising discretionary income.

North America baby care product market witnessed substantial growth in 2017 and accounted for a substantial market share. This trend is expected to continue during the forecast period, owing to high investment in manufacturing of baby care products by leading manufacturers in the U.S. In addition, demand for paper and bio-based baby care products is expected to rise on account of easy raw material availability in the region.

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In 2017, Europe baby care product market accounted for majority of the value and volume share in global market. The region is anticipated to witness growth on account of increased demand from baby product, owing to increasing concern regarding the health of infants along with high per capita income. Moreover, increasing working women population in the region is projected to boost the market over forecast period.

The key players in this industry are Abbott Nutrition, Kimberley Clark, Procter and Gamble, Marks & Spencer, Nestle, Johnson & Johnson, and Dabur among the others.

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This report segments the baby care product market as follows:

Baby Care Product Market: Product Type Segment Analysis

  • Skin Care
  • Baby Wipes
  • Toiletries 
  • Nappy Rash Treatment
  • Sun Care 
  • Hair Care

Baby Care Product Market: Distribution Type Segment Analysis

  • Online retailing
  • Supermarkets 
  • Hypermarkets 
  • Chemist and Pharmacy
  • Departmental Stores 
  • Others

Baby care product Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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