Press release
Pregnancy Product Market is Expected to Grow Around US $ XX Mn by 2025, Due to Increase in Number of Unwanted Pregnancy Rates
Pregnancy Product Market is Expected to Grow Around US $ XX Mn by 2025, Due to Increase in Number of Unwanted Pregnancy RatesThe Pregnancy Product Market is anticipated to reach about US$ XX Mn by 2025, and anticipated to expand at a CAGR over seven years of forecast period 20189-2025” due to increase in the number of unwanted pregnancy rates around the globe.
Precision Business Insights (PBI) in its report titled “Pregnancy Product Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
The pregnancy product market size was accounted for US$ XX Mn in 2018 and anticipated to account for US$ XX Mn by 2025. The market for pregnancy products is anticipated to experience tremendous growth during the forecast period, owing to rise in the birth rate in developed, as well as developing countries. The rising disposable incomes, increase in birth rate, especially in developing countries, and growing awareness regarding pregnancy care products among women, coupled with increase in literacy rate of women and well-developed distribution channel for pregnancy products are the major factors driving the growth of the pregnancy product market. However, the safety issues related to pregnancy products and lack of awareness about pregnancy products in the low-income group people in developing countries are the impeding factors for the growth of the global pregnancy products market.
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Pregnancy products market segmented on the basis of product type, application, and distribution channel.
Stretch Mark Minimizer Division Will Dominate the Revenue Share.
Based on the product type, the pregnancy products market is categorized into body restructuring gel, toning/firming lotion, nipple protection cream, stretch mark minimizer, itching prevention cream, breast cream, and stressed leg product. Among these divisions, the stretch marks minimizer division is projected to grow at the largest share. The growing popularity and improved product quality are projected to propel the development of this division in the coming future. The breast cream segment is expected to exhibit fastest growth rate in the pregnancy care products market. This is associated with rising concerns of breast health during pregnancy and during lactation period.
North America, Accounts for Major Revenue Share for Pregnancy Products Market
Precision Business Insights (PBI) pregnancy products market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According to regional analysis, North America dominates the pregnancy products market due to the growing awareness regarding pregnancy product, and growing expenditure on personal care products. Asia-Pacific is anticipated to grow tremendously during the forecast period, owing to factors, such as rise in disposable incomes in developing economies, such as China and India, well-established distribution channel, and growing awareness regarding pregnancy products through strong marketing activities by key players.
Strategic Collaborations & Partnerships Play Vital Role in Pregnancy Products Market
Key players implement various strategies to establish their footprint in the global market, thereby enhancing their sale and outreaching the customers For instance, August 2017: Mankind Pharma entered into partnerships with SpiceJet to launch a series of initiatives to make air travel for pregnant women more comfortable and enjoyable.
Key player’s profiles in the report are Clarins Group, E.T. Browne Drug Co. Inc., Expansxience Laboratories, Inc., Quidel Corporation, Mankind Pharma, Nine Naturals, LLC, Noodle and Boo, Procter & Gamble, Abbott, and Piramal Enterprises among others.
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Detailed Segmentation
By Product Type
o Body Restructuring Gel
o Stretch Mark Minimizer
o Toning/Firming Lotion
o Breast Cream
o Nipple Protection Cream
o Others
By Application Type
o 0-3 Months Pregnancy
o 3-6 Months Pregnancy
o 6-9 Months Pregnancy
o After Birth
By Distribution Channel Type
o Hospital Pharmacies
o Retail Pharmacies
o Online Distribution Channels
o Others
Geography
o North America
U.S.
Canada
o Europe
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
o Asia-Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
o Latin America
Brazil
Mexico
Argentina
Chile
Rest of Latin America
o Middle East and Africa
South Africa
Saudi Arabia
Rest of MEA
Full Story:
https://precisionbusinessinsights.com/market-reports/global-pregnancy-products-market/
Precision Business Insights,
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152 – 160 City Road,
London EC1V 2NX
Precision Business Insights,
Kemp House,
152 – 160 City Road,
London EC1V 2NX
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