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Breastfeeding Accessories Market Report 2024 - Breastfeeding Accessories Market Size, Trends, And Demand
Breastfeeding Accessories Market
According to The Business Research Company's, The breastfeeding accessories market size has grown strongly in recent years. It will grow from $1.75 billion in 2023 to $1.92 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increased awareness and education, advancements in product innovation, supportive healthcare initiatives, changing societal norms, maternity-friendly workplace practices.
The breastfeeding accessories market size is expected to see strong growth in the next few years. It will grow to $2.62 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to global health campaigns, eco-friendly and sustainable products, personalized and customized solutions, influence of parenting influencers, innovations in milk storage solutions. Major trends in the forecast period include wearable breastfeeding tech, nippl*e shields and protectors, customization in breast milk storage solutions, uv sterilization technology, fashionable and stylish design, telehealth integration.
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Market Drivers and Trends:
The increasing childbirth rate is expected to propel the growth of the breastfeeding accessories market going forward. The childbirth rate refers to the difference between the average annual population and the number of live births that year. Breastfeeding accessories are primarily used for new born children, as they enable the baby to get enough milk, help protect the mother's milk supply, and are easy to feed and convenient to feed, Hence, the increase in childbirth rate will boost the breastfeeding accessories market. For instance, in May 2022, according to the CDC (Center for Disease Control and Prevention), a US-based government organization, there were 3.66 million births in the US in 2021 compared to 3.61 million in 2020. Furthermore, according to Statistics Canada, a Canada-based government agency, there were 367,684 births in Canada in 2021, an increase of 2 % from 360,552 in 2020. Therefore, the increasing childbirth rate is driving the growth of the breastfeeding accessories market going forward.
Technological advancements are a key trend gaining popularity in the breastfeeding accessories market. Major companies operating in the breastfeeding accessories market are adopting new technologies to sustain their position in the market. For instance, in August 2020, Medela AG., a Switzerland-based supplier of breast pumps and breastfeeding accessories, launched new maxflow technology. This innovative twin electric breast pump for individual usage is made possible by this technology. This breast pump generates micro vibrations to increase milk flow and deliver top performance. It is a closed-system pump with 10 pre-programmed Hoover settings and straightforward, uncomplicated operation. Additionally, it's very flexible and has oval-shaped breast shields that are shaped around for added comfort.
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• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
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Major Key Players of the Market:
Koninklijke Philips NV; Mayborn Group Limited; Medela AG; Pigeon Corporation; Linco Baby Merchandise Works Co. Ltd.; Artsana Group; Bailey Medical Center LLC; Mama's Milk Wrap LLC; Ameda Inc.; Dongguan Daxin Rubber Electronic Co. Ltd.; Newell Brands Inc.; Edgewell Personal Care Company; Willow Innovations Inc.; KaWeCo GmbH; NUK USA; Lansinoh Laboratories Inc.; Acute Ideas Co. Ltd.; Happy Family Inc.; Evenflo Feeding Inc.; Fairhaven Health LLC; TOMY International Inc.; Cimilre Co. Ltd.; Limerick Inc.; Hegen Pte Ltd.; Bblüv Group Inc.; Simply Breastfeeding LLC; NuAngel Inc.; Zhejiang Rikang Baby Products Co. Ltd.; Zenoff Products Inc.; Nuby Inc.; Hygeia Home Health LLC
Breastfeeding Accessories Market 2024 Key Insights:
• The breastfeeding accessories market will grow to $2.62 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.
• Exploring The Impact Of Rising Childbirth Rates On Breastfeeding Accessories
• Technological Innovations Shaping The Breastfeeding Accessories Market
• North America was the largest region in the breastfeeding accessories market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Notes:
Production, means the output of Breastfeeding Pump
Revenue, means the sales value of Breastfeeding Pump
This report studies Breastfeeding Pump in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with Production, price, revenue and market share for each manufacturer, covering
Ameda
Lansinoh
Medela
NUK USA
Pigeon
Get Free PDF for more Professional and Technical insights @ http://www.qyresearchreports.com/sample/sample.php?rep_id=855192&type=E
Bailey Medical Engineering
Chicco
Handicraft
Hygeia
MAM
Mayborn
Nuby
Philips
Playtex
Whittlestone
Market Segment by Regions, this report splits Global…
Europe Breastfeeding Pump Market Report 2016
Notes:
Sales, means the sales volume of Breastfeeding Pump
Revenue, means the sales value of Breastfeeding Pump
Get Sample Copy of Report@ https://goo.gl/mBC8sm
This report studies sales (consumption) of Breastfeeding Pump in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering
Ameda
Lansinoh
Medela
NUK USA
Pigeon
Bailey Medical Engineering
Chicco
Handicraft
Hygeia
MAM
Mayborn
Nuby
Philips
Playtex
Whittlestone
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Market Segment by…
