Baby Care Products Market: Baby Hygiene Considerations and Need to Switch from Traditional Baby Care Practices In Upcoming Years

The global baby care products market is expected to display steadfast growth in the near future. Across the world, the growth of the baby care products market depends considerably on the demographic structure and economic prosperity of a society. For example, family size, earnings, and education are some of the parameters that influence the spending behavior of individuals for easy-to-use baby care products.

Download Research Brochure PDF@ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=36

While the developed economies of the world such as the U.S. and the U.K. are mature markets for baby care products, developing economies are relatively new markets for baby care products. In developing economies, the changing structure of the society with nuclear family set-ups and an increasing number of women in the workforce are augmenting the demand for lifestyle products. Parents’ awareness and rising spending power for convenient products are driving the demand for newer methods of baby care than traditional ones. Moreover, the increasing number of research that demonstrates the importance of hygiene for baby’s health is influencing the sale of these products among the urban population.

According to a new report by Transparency Market Research, the global baby care products market is envisaged to increase from US$44.7 bn in 2011 to US$66.8 bn by 2017 at a CAGR of 7.0% therein.

Q. Which segment will lead in terms of revenue and volume in the overall market?

A. The baby cosmetics and toiletries product segment accounts for a lion’s share in this market both in terms of volume and revenue. In 2011, the product segment contributed 92.2% revenue to the overall market. Baby cosmetics and toiletries stood at a valuation of US$41.3 bn in 2011. The product segment is expected to reach a valuation ofUS$62.3 bn by 2017 rising at a CAGR of 7.1% from 2012 and 2017.

Q. How are regional markets faring in the global market for baby care products?

A. The regional market of Europe Middle East and Africa (EMEA) currently leads the overall market or baby care products. This regional market is expected to amass almost 34.7% of the overall market by 2017. EMEA will be closely followed by Asia Pacific mainly due to the financial stability of parents because of having children at relatively older age.

Q. Are market players divided by growth inhibitions in this market?

A. Most players in the baby care products market are riding high on products that face least regulatory issues and have relatively less developmental costs. For instance, market entry barriers for baby skin care products are high due to the stringent legislation that regulate the commercialization of baby care products and high developmental costs of these products. On the other hand, baby toiletries have the least entry barriers as these products face less regulatory stipulations and their developmental costs are relatively less as compared to other baby care products.

Browse Report Brochure@ http://www.transparencymarketresearch.com/baby-care-products-market.html

About Us:-
Transparency Market Research is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact Us:-
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

This release was published on openPR.