Press release
Overview of Baby Bottles Market with Types, Size, Share, Growth, Regions and Application Research Report Forecast to 2022
Fact.MR
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A recent research by Fact.MR estimates the global baby bottles market to register an average expansion over the forecast period 2017 to 2022. Shifting eating habits from healthy & regular balanced diet toward excessive fast food consumption has incurred several difficulties in breastfeeding for new mothers. In addition, parents are eager to pay more for high quality products related to baby care, such as baby bottles. These factors might fuel adoption of baby bottles over the forecast period. Revenues from the global market for baby bottles are estimated to exceed US$ 3,000 Mn by 2022-end.
Baby Bottles Markets in APEJ & MEA to Register a Parallel Expansion through 2022
Asia-Pacific excluding Japan (APEJ) is estimated to retain its dominance in the global baby bottles market, in terms of revenues. In addition, the baby bottles markets in APEJ and Middle East & Africa (MEA) are estimated to witness a parallel expansion at 4.3% CAGR through 2022.
Baby bottle sales for infants of age group 6-18 months will surpass US$ 1,500 Mn in revenues by 2022-end. By sales channel, specialty stores will remain the largest segment in the global market, followed by modern trade. However, online sales channel for baby bottles are projected to register the fastest expansion through 2022.
6-9 ounces size of baby bottles will account for approximately half revenue share of the market over the forecast period. 6-9 ounces baby bottles are estimated to remain sought-after among parents, with sales projected to register an above-average expansion through 2022.
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Plastic Bottles to Remain Sought-after among Parents
Although plastic baby bottles are estimated to be sought-after among parents across the globe, sales of glass baby bottles is anticipated to exhibit a relatively faster expansion through 2022. This is mainly because glass tends to eliminate the harmful effects of contents present in plastic. In addition, the largest share of revenues from plastic baby bottles is contributed by the market in Asia-Pacific excluding Japan (APEJ).
On the basis of size, 6-9 ounces baby bottles are expected to account for nearly half share of the market during 2017 to 2022, in terms of revenues. 6-9 ounces baby bottles will remain preferred, with sales expected to exhibit an above-average CAGR through 2022.
Sales of baby bottles for infants between 6-18 months are expected to surpass revenues worth US$ 1,500 Mn by 2022. This segment will continue to dominate the global baby bottles market.
Specialty stores will continue to be the most lucrative sales channel for baby bottles, followed by modern trade. However, sales of baby bottles in online sales channel are expected to register the highest CAGR through 2022.
Competition Tracking
Key players participating in the global market for baby bottles include Koninklijke Philips N.V., Pigeon Corporation, Mayborn Group Limited, Handi-Craft Company, Munchkin, Inc., Artsana S.p.A., Comotomo, Goodbaby International Holdings Limited, Medela, Inc., Richell Corporation, and Summer Infant, Inc.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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