Global Baby Feeding Bottle Market to Grow at Steady CAGR During Forecast Period – TechSci Research

Safe and convenient baby feeding bottles for feeding milk formula, increasing number of working women and rising disposable income to drive global baby feeding bottle market growth through 2024
According to TechSci Research report, “Global Baby Feeding Bottle Market By Material, By Capacity, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024”, the global baby feeding bottle market is expected to grow at a CAGR of around 4% during the forecast period on account of growing popularity of feeding infant formula through bottles and rise in disposable income. The bottles are manufactured with several replaceable bottle parts that can be replaced according to convenience. For instance, various nipples with different milk flow rate are available, so that it can be used for both, the new born infant who needs lesser milk or formula, and also for little grown babies who need it in comparatively large quantities. Baby feeding bottles made from polycarbonate contain a harmful chemical known as BPA, which is banned by many government bodies as far as baby feeding bottles are concerned. This factor has largely affected the growth of global baby feeding bottle market.
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Global baby feeding bottle market can be segmented based on material, capacity, distribution channel and region. In terms of material, the market can be segmented into Plastic, Stainless Steel and Others. The plastic bottle type dominated the market until 2018 and is expected to maintain its dominance during the forecast period as well. Plastic bottles are lightweight and not brittle, therefore are easy to carry while travelling, which is contributing to the growth of this segment. However, due to the presence of chemical in these bottles, the vendors are manufacturing BPA-free bottles.
Artsana USA Inc., Novatex North America, Linyi Shansong Biological, Handi-Craft Company, Narula Overseas Industries Pvt. Ltd., Linco Baby Merchandise Work's Co., Paul Manufacturing Company, Pigeon India Pvt. Ltd, Alpha Baby Care Co. Bonny Baby Care Pvt. Limited, etc., are some of the leading players operating in global baby feeding bottle market. The companies operating in the market are using strategies such as new product launches and distribution channel expansion to boost their share. For instance, many companies including Abbot and Nestle have launched new baby milk owing to growing demand for formula milk.
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“Global baby feeding bottle market is anticipated to grow at a steady rate during forecast period on account of the growing demand for formula milk. Moreover, other factors like hectic working hours coupled with increasing number of working women are expected to fuel the demand for baby feeding bottles over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Baby Feeding Bottle Market By Material, By Capacity, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global baby feeding bottle market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global baby feeding bottle market.
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Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals.

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