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Baby and Pregnancy Skincare Products Market - Latest Scenario and Future Aspect Analysis 2021-2031
Baby & Pregnancy Skincare Products Market
According to the report, the global baby & pregnancy skincare products market was valued at US$ 6.5 Bn in 2020 and is projected to expand at a CAGR of 6.9% from 2021 to 2031. Initiatives by governments of different countries to improve awareness about baby hygiene and pregnancy skin care are anticipated to drive the global baby & pregnancy skincare products market during the forecast period.
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North America is expected to account for significant share of the global baby & pregnancy skincare products market during the forecast period. The growth of the baby & pregnancy skincare products market in the region can be attributed to rise in access to healthcare, presence of key players, and availability of various brands.
The market in Asia Pacific is likely to expand at a high CAGR from 2021 to 2031. High disposable income and change in consumer preference toward new and advanced products for well-being, safety, and security of mothers and babies boost the growth of the market in the region.
Investment by Key Players in Emerging Markets to Strengthen Position to Propel Market
Governments of developing countries are making significant investments toward healthcare infrastructure modernization, which is likely to increase access to products. Hence, key players focus on investing in developing countries. For instance, in April 2021, Sanosan, a premium German brand that caters to the skincare needs of babies, announced plans to expand its footprint in India. The product range comprises cleansing, care, diaper change, and sun protection. Johnson & Johnson launched new baby care product range in India. The new Cottontouch baby care line features products including lotion, oil, wash, and cream.
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Baby Skin Care Products to Dominate Market
In terms of product type, the global baby & pregnancy skincare products market has been bifurcated into maternal/pregnancy skin care and baby skin care. The maternal/pregnancy skin care segment has been split into toning/firming lotion, breast cream, itching prevention cream, stressed leg product, stretch mark minimizer, and others. The baby skin care segment has been classified into body wash, baby balm, face & body cream, and others. The baby skin care segment has witnessed strong growth due to increase in awareness and shift in concern of parents toward baby's skin health.
eCommerce to Emerge as Lucrative Distribution Channel
Based on distribution channel, the global baby & pregnancy skincare products market has been divided into hospital & clinical pharmacies, retail pharmacies, e-commerce, and others. Rapid penetration of Internet services globally, convenience, and availability of several brands are likely to boost the growth of the eCommerce segment during the forecast period.
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Competition Landscape
The report provides profiles of leading players operating in the global baby & pregnancy skincare products market. These include Himalaya Global Holdings Ltd., Johnson & Johnson, Childs Farm, E.T. Browne Drug Co., Inc., Earth Mama Organics, Good Bubble, Laboratoires Expanscience, Nine Naturals LLC, Noodle & Boo, Pleni Naturals, Weleda UK, Baby Teva, Clarins, Piramal Enterprises Ltd., Union Swiss, and Honasa Consumer Pvt. Ltd.
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Global Baby & Pregnancy Skincare Products Market: Segmentation
Baby & Pregnancy Skincare Products Market, by Product Type
Maternal/Pregnancy Skin Care
Toning/Firming Lotion
Breast Cream
Itching Prevention Cream
Stressed Leg Product
Stretch Mark Minimizer
Others
Baby Skin Care
Body Wash
Baby Balm
Face & Body Cream
Others
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Baby & Pregnancy Skincare Products Market, by Distribution Channel
Hospital & Clinical Pharmacies
Retail Pharmacies
eCommerce
Others
Baby & Pregnancy Skincare Products Market, by Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of the Europe
Asia Pacific
China
India
Japan
South Korea
Australia & New Zealand
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East & Africa
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About Us
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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Transparency Market Research Inc.
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