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Baby Care Products market Is Projected To Rise At A Cagr Of 5.2% During 2028 | Procter & Gamble Co., Kimberly Clark Corp., Johnson and Johnson, Unilever Plc.

10-21-2021 08:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Baby Care Products  market

Baby Care Products market

The Global Baby Care Products Market is drastically increased, owing to increase in infant population and high spending capacity of the people. Baby care products market is anticipated by the positive impact of rising number of women in the workforce, which is accounted to be on an average of 4.1% globally over the last three decades. Moreover, health concerns of consumers and desire to purchase products at premium prices has led to the growth of baby products market globally. The choice of baby care products by consumer depends upon various aspects, such as product sustainability, cost efficiency with value perceived, health benefits, and convenient usage, which is further driving the growth of the baby care products market.

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Global Baby Care Products Market Taxonomy

On the basis of product, the baby care products market in segmented in:

Baby Skin Care
Baby Massage Oil
Body Lotions
Creams/Moisturizers

Baby Hair Care Products
Baby Shampoo and Conditioner
Detangles

Bathing Products
Soaps
Bubble Bath/Shower gel

Baby Toiletries
Diapers
Baby Wipes
Baby Fragrances/Perfumes

Baby food products holds the second largest segment in the global baby care product market, as it provides various nutrients such as protein, vitamin B12, iron, and carbohydrates to the baby. On the other side, baby bathing products is witnessed to have a significant growth in the baby care products market.

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The major players are adopting organic and inorganic strategies such as, focusing on increasing their presence through mergers and acquisitions. For instance, in 2016, Dabur South Africa (Pty) Ltd., acquired South Africa’s CLT group of Companies personal care, hair care, and cream businesses.

For instance, in January 2016, Dabur India entered into the baby care products and the company launched a new brand ‘Dabur Baby’, a baby massage oil made from olive and almond. This new product is expected to gain healthier market share in Indian baby care products market in forthcoming years.

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