Dublin, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The "Breastfeeding Accessories Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
The global breastfeeding accessories market has charted a progressively accretive trajectory, a comprehensive market research publication has revealed. With historical data illustrating robust growth, experts now forecast the market's value to burgeon from $1.75 billion in 2023 to an impressive $2.62 billion by 2028, expanding at a potent compound annual growth rate (CAGR) of 8.1%.
Diverse factors have been credited for fuelling this expansion, including global health initiatives advocating the benefits of breastfeeding, an upsurge in the adoption of sustainable and eco-friendly breastfeeding products, alongside heightened consumer demand for personalized solutions which resonate with the individual needs of nursing mothers.
In line with the expanding childbirth rates across various regions, as indicated by recent CDC and Statistics Canada reports, there’s a concurrent increase in the requirement for breastfeeding accessories that bolster milk supply, support maternal milk production, and provide convenient feeding methods for infants.
Further enabling market growth is the escalating rate of maternal employment. More nursing mothers are maintaining their professional careers, necessitating a greater integration of breastfeeding accessories in workplace environments to sustain a balance between work obligations and breastfeeding needs.
Technological Innovations Spearheading Market Dynamics
Within the breastfeeding accessories sector, technological advancements are setting new benchmarks, fostering innovation across industry frontrunners. Notable developments include breakthroughs like micro-vibration technology to enhance milk flow and the introduction of organic, vegan-friendly breastfeeding products such as nipple balm and breast massage oil. These innovations are strategically engineered to prioritize the comfort and relief of breastfeeding mothers, echoing the industry's commitment to natural care and wellness.
Strategic acquisitions are also shaping the market landscape, with recent moves by leading medical device manufacturers aimed at broadening their breastfeeding assistance portfolios and deepening their footholds in this niche segment.
The detailed market account delineates the foremost categories encompassing the breastfeeding accessories sphere, ranging from nipple care products to those designed for the efficacious preparation, storage, and feeding of breast milk. These necessities are accessed via a spectrum of distribution networks, servicing an assorted clientele, including healthcare establishments and individual consumers.
An exhaustive regional analysis highlights North America as the preeminent market in 2023, with comprehensive coverage also including burgeoning markets across Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
The research report consolidates critical breastfeeding accessories market statistics and elucidates on regional shares, competitive landscapes, and various market segments. With incisive insights into the prevailing and prospective market scenarios, the publication encapsulates the breadth of information necessitated for stakeholders to position astutely within the breastfeeding accessories industry.
Extending beyond a mere tabulation of data, the report examines the market's backbone—its value chains, operational frameworks, and drivers of revenue from enterprise perspectives within the specified geographies and market segments.
Informed parties seeking to delve into the burgeoning landscape of breastfeeding accessories will find in the research publication a repository of knowledge, framing a holistic view of the industry’s past triumphs and its forecasted path to future advancements.
A selection of companies mentioned in this report includes
- Koninklijke Philips NV
- Mayborn Group Limited
- Medela AG
- Pigeon Corporation
- Linco Baby Merchandise Works Co. Ltd.
- Artsana Group
- Bailey Medical Center LLC
- Mama's Milk Wrap LLC
- Ameda Inc.
- Dongguan Daxin Rubber Electronic Co. Ltd.
- Newell Brands Inc.
- Edgewell Personal Care Company
- Willow Innovations Inc.
- KaWeCo GmbH
- NUK USA
- Lansinoh Laboratories Inc.
- Acute Ideas Co. Ltd.
- Happy Family Inc.
- Evenflo Feeding Inc.
- Fairhaven Health LLC
- TOMY International Inc.
- Cimilre Co. Ltd.
- Limerick Inc.
- Hegen Pte Ltd.
- Bblüv Group Inc.
- Simply Breastfeeding LLC
- NuAngel Inc.
- Zhejiang Rikang Baby Products Co. Ltd.
- Zenoff Products Inc.
- Nuby Inc.
- Hygeia Home Health LLC
For more information about this report visit https://www.researchandmarkets.com/r/cgfrf4
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
