Press release
Breastfeeding Accessories Market: Macro-Economic Factors Analysis, Economic Outlook, Segments Share Analysis, Market Scenario Forecast 2019-2025
Rising Rate of Female Employment to Push Demand for Breastfeeding Accessories
The growth of the global breastfeeding accessories market could be linked to rise in childbirth rates and reduction in infant mortality rates. With increasing percentage of women employment, at least in key regions and countries, the demand for breastfeeding accessories is predicted to grow in the coming years. Increasing implementation of government and non-profit initiatives and awareness programs related to breastfeeding and pregnancy could create opportunities in the global market. Sales of premium breastfeeding accessories are foreseen to increase on the back of the rising trend of late parenthood.
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Manufacturers to Invest in Advanced Research to Launch Innovative Products
The global breastfeeding accessories market marks the presence of prominent manufacturers such as Medela, Pharmics, Silverette, Philips AVENT, Lacticups, Ameda, Pigeon, babybay, and Artsana. Companies are prophesied to adopt different business tactics such as launching new products, signing collaborations, and entering into mergers and acquisitions to expand their business in the global market. Players could largely focus on ease of use, comfort, and innovation backed by advanced research and development to gain a competitive edge over other manufacturers.
By Product
● Breast Shells
● Breast Milk Bottles
● Nipple Shields
● Breast Milk Storage Bags
● Cleaning Products
● Sore Nipple Creams
● Nursing Pads
There are different product type segments studied in the report, with key focus on their market share, growth potential, and CAGR. Analysts expect the nipple shields segment to grow at a quicker pace due to increasing demand in the India, China, US, and European markets.
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