Press release
Infant Fever Stickers Market 2023 Statistics, Industry Share, Latest Trends, Growth Drivers, Size Estimate and Forecast till 2031
IntroductionThe global infant fever stickers market has been experiencing significant growth in recent years. Infant fever stickers are used to check the temperature of children by touching their foreheads, arms, or chests. These stickers can be disposable or reusable. This report provides an overview of the market, including its size, growth potential, and key players. It also analyzes the factors influencing market growth, the impact of the COVID-19 pandemic, regional insights, and segmentation analysis.
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Market Overview
The global infant fever stickers market generated approximately US$ 390.1 million in revenue in 2021. It is projected to reach US$ 860.3 million by 2031, growing at a compound annual growth rate (CAGR) of 8.3% during the forecast period from 2022 to 2031.
Factors Influencing Market Growth
Several factors are driving the growth of the infant fever stickers market:
The emergence of cutting-edge treatment technologies and the implementation of the Internet of Things (IoT) are fueling market growth.
The increasing parental knowledge and awareness of infant fever stickers are boosting market expansion.
Major market participants in the baby fever sticker space are planning to sell their products through various social media channels, creating a lucrative opportunity for market growth through social media marketing.
However, a lack of knowledge and a shortage of infant fever sticker products may restrain market growth.
Study of the COVID-19 Pandemic
The COVID-19 pandemic had a negative impact on the market. Lockdown measures and disruptions in supply chains and distribution routes initially affected the market. However, these losses were regained in later stages. Restrictions on port capacities and transportation directly affected the food and beverage supply chain, increasing the cost of freight and shipping. This scarcity in the supply of baby care goods is expected to impact the accessibility of products at retail levels. Long-term trade restrictions and logistical challenges are anticipated to significantly affect the revenue of baby care enterprises.
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Regional Insights
North America currently dominates the market, driven by the rapid development of the healthcare industry in the region. The ease of use and superior alternatives provided by fever stickers over thermometers have increased the demand for these products. The versatility of fever stickers in various applications and the preference for them among consumers contribute to market expansion. The growing population in countries like the United States and Canada, coupled with product availability, is expected to further drive market demand in this region.
Leading Competitors
The global infant fever stickers market features several leading competitors, including:
Fevermates
ThermometerSite
Tobbie and Co
Medline Industries Inc
Tempagenix LLC
Jayem Trade Private Limited
Carex Health Brands
Rumble Tuff
MeeMee's
JMK/IIT Inc
AMG Medical Inc.
Others
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Segmentation Analysis
The market segmentation for infant fever stickers is based on the following factors:
Type: Disposable Infant Fever Sticker and Reusable Infant Fever Sticker
Application: Hospital, Retail Pharmacies, Online Pharmacies
Distribution Channel: Online, Offline
Region: North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Italy, Spain, Rest of Western Europe, Poland, Russia, Rest of Eastern Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, ASEAN, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, South Africa, Rest of MEA), South America (Brazil, Argentina, Rest of South America)
Conclusion
The global infant fever stickers market is expected to witness significant growth in the coming years. Factors such as the emergence of advanced treatment technologies, increasing parental knowledge, and the utilization of social media marketing present opportunities for market expansion. While the COVID-19 pandemic initially impacted the market, the recovery in later stages has helped regain losses. North America currently holds the largest market share, but other regions, such as Asia Pacific, show potential for substantial growth. The market is competitive, with various key players driving innovation in infant fever sticker products.
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