Baby Pacifier Market Growing at 5.8% CAGR to Hit USD 549.66 Million by 2027 | Growth, Share Analysis, Company Profiles

According to the report published by Allied Market Research, the global baby pacifier industry was estimated at $390.89 million in 2019, and is expected to hit $549.66 million by 2027, manifesting a CAGR of 5.8% from 2021 to 2027.

Increase in disposable income of customers, innovative product offerings, and surge in birth rate across the world fuel the growth of the global baby pacifier market. On the other hand, accessibility of low-quality products impedes the market growth. However, growth in social media marketing is anticipated to provide lucrative opportunities for the market players in the industry.

The global baby pacifier market is segmented on the basis of product type, distribution channel, and region. Based on product, the single-piece baby pacifier segment dominated the market in 2019, with more than half of the global market. The segment is expected to lead the trail throughout the forecast period. On the other hand, the multiple-piece baby pacifier segment is expected to manifest the highest CAGR of 7.5% during the forecast period.

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Based on consumer, the offline segment held the lion's share in 2019, accounting for more than three-fourth of the global market. However, the online segment is expected to register to highest CAGR of 8.8% from 2021 to 2027.

Based on region, the global baby pacifier market is studied across Asia-Pacific, Europe, LAMEA, and North America. The market across Asia-Pacific dominated with the largest share in 2019, holding more than two-fifths of the market. Nevertheless, the North America region is anticipated to showcase the highest CAGR of 8.3% during the forecast period.

Key market players profiled in the report include Doddle & Co.

Trebco Specialty Products Inc.

Natursutten

MAM USA Corporation

Koninklijke Philips N.V.

Mayborn USA Inc.

NUK USA LLC

The White Company

The Natural Baby Company

Baby Shusher

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Key Findings Of The Study

Based on region, Europe is the largest segment in 2019.
Based on type, the single piece baby pacifier occupied the maximum baby pacifier market share in 2019.
Based on the size, the small size baby pacifier occupied the maximum share in Baby Pacifier Market Analysis in 2019.
Based on the drivers, increase in the disposable income of the population is one of the key impacting factor of Baby Pacifier Market forecast.
Based on the region, North America is the fastest growing segment in Baby Pacifier Market Analysis in 2019.

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