Dublin, July 30, 2024 (GLOBE NEWSWIRE) -- The "Asia Pacific Baby Care Products Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering.
The Asia Pacific baby care products market is experiencing a significant upsurge, anticipated to expand from US$33.230 billion in 2022 to US$60.207 billion by 2029. This represents a robust CAGR of 8.86% during the forecast period.
The market's expansion is fueled by a combination of high birth rates, increasing urban populations, and greater disposable incomes, culminating in heightened demand for premium and specialized baby care offerings.
Key demographic trends, such as the expanding consumer base due to high local birth rates, are propelling the market forward. Moreover, the shift towards urbanization is influencing consumer preferences as quality becomes a crucial factor for urban families, facilitating the adoption of innovative and premium baby care products in the region.
India's Market on the Rise
India represents a critical growth area within the Asia Pacific baby care products market. Factors such as increasing maternal workforce participation, urbanization, and a movement towards organic products are contributing to the country's market evolution. The introduction of vegan and cruelty-free product lines by various companies and the growing consumption of packaged baby foods due to working mothers' busy schedules are reflective of changing consumer needs in the country.
Advancements and Innovations
Strides have been made with product expansions, such as Dabur India Ltd.'s broadening of its Baby Care portfolio, and Japan's ALOBABY brand's Disney-designed organic skincare collection. These developments reflect the industry's commitment to innovation and meeting consumer expectations for quality and care.
Segmentation Overview
The market is categorized by product type into sections like baby food, skin care, hair care, toiletries, feeding and nursing products, and safety items. Additionally, the report delineates the market according to distribution channels - online and offline. Countries constituting the Asia Pacific market include China, India, Japan, Taiwan, Australia, South Korea, and other regions, each contributing uniquely to the industry's growth trajectory.
The Asia Pacific baby care products market continues to thrive, presenting promising prospects for existing and new market entrants. Its growth trajectory is influenced by socio-economic factors, consumer lifestyle changes, and a collective emphasis on health and safety for the younger population.
Companies Featured
- Kimberly-Clark
- Procter and Gamble
- Danone
- Abbott
- Bellamy’s Organic
- Pigeon Corporation
- Nestle
- The Himalaya Drug Company
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 108 |
| Forecast Period | 2022 - 2029 |
| Estimated Market Value (USD) in 2022 | $33.23 Billion |
| Forecasted Market Value (USD) by 2029 | $60.21 Billion |
| Compound Annual Growth Rate | 8.8% |
| Regions Covered | Asia Pacific |
Key Topics Covered:
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.4. Industry Value Chain Analysis
5. ASIA PACIFIC BABY CARE PRODUCTS MARKET BY PRODUCT TYPE
5.1. Introduction
5.2. Baby Food
5.3. Baby Care
5.3.1. Baby Skin Care
5.3.2. Baby Hair Care
5.4. Baby Toiletries
5.5. Baby Feeding and Nursing Products
5.6. Safety and Convenience
6. ASIA PACIFIC BABY CARE PRODUCTS MARKET BY DISTRIBUTION CHANNEL
6.1. Introduction
6.2. Online
6.3. Offline
7. ASIA PACIFIC BABY CARE PRODUCTS MARKET BYCOUNTRY
7.1. Introduction
7.2. China
7.3. India
7.4. Japan
7.5. Taiwan
7.6. Australia
7.7. South Korea
7.8. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
For more information about this report visit https://www.researchandmarkets.com/r/zcsz0i
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.
Attachment
