Press release
Global baby bottle market to grow at a CAGR of 4.08% during the period 2016-2020
Description
Developing countries have registered considerable economic growth in the past few years. With most of these countries also seeing healthy birth rates and improving healthcare conditions, along with growing disposable incomes, the demand for baby care products will also likely grow over the next few years. Baby health and personal care products are convenient to use and have evolved with time in terms of product innovation and materials used in manufacturing. The baby bottles segment of the baby health and personal care products market has seen considerable growth in recent years, and it is expected to continue along the same trajectory during the forecast period. Technological innovations and the growing number of working women are further set to propel the growth of the market.
Technavios analysts forecast the global baby bottle market to grow at a CAGR of 4.08% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global baby bottle market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of baby bottles to individual consumers.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
Technavio's report, Global Baby Bottle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Handi-Craft
Mayborn Group
Munchkin
Philips
Pigeon Corporation
Request Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/850976
Other prominent vendors
BABISIL
Bouche Baby
Chicco
Comotomo
Evenflo
Lansinoh Momma
LOVI
MAM
Medela
nip
Nuby
NUK
PLAYTEX
Richell
Zhejiang Rikang Baby Products
Summer Infant
Market driver
Increased production and marketing of formula milk.
For a full, detailed list, view our report
Market challenge
Risks associated with use of BPA in baby bottles.
For a full, detailed list, view our report
Market trend
Improvements in mechanization and implementation of IoT in baby bottles and associated products.
For a full, detailed list, view our report
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