Press release
Baby Bath and Shower Product Market will Register a CAGR of 5.5% through 2022
The global market for baby bath and shower products is poised to reach a value of around US$ 8700 Mn by the end of 2022 and is anticipated to grow at a steady CAGR during the period of forecast of 2017 to 2022.
6 Forecast Highlights on the Global market for baby bath and shower products
Asia-Pacific excluding Japan (APEJ) region poised to dominate the global market and portrays higher lucrativeness for the growth of the global market for baby bath and shower products. The Asia-Pacific excluding Japan (APEJ) region is anticipated to reach a value of around US$ 2.74 Bn by the end of 2022 followed by North America
Middle East and Africa (MEA) region anticipated to grow at a higher growth rate during the forecast period, followed by North America and Europe. MEA region is poised to reflect a CAGR of 6.1% throughout the forecast period
Shampoo segment by product type is the fastest growing segment and possess higher market share than any other segment by product type. The shampoo segment is poised to grow at a high CAGR of 6.4% during the assessment period
Both soap and shower gel segment and the conditioner segment by product type can be considered as equivalent investment options as both show similar statistics during the period of assessment 2017-2022
Modern trade segment by sales channel dominates the global market by reflecting higher market share. The specialty stores segment is poised to grow at the highest growth rate to register a CAGR of 5.9% during forecast period
Mass baby care product segment by price is anticipated to dominate the global market by the end of 2022. This segment dominated the global market in terms of higher market share in 2017 and this trend is more likely to continue during the period of assessment
The report has also profiled key leading players in the global market for baby bath and shower products, which would remain active through 2022. These include players like Mothercare, Weleda, Sebapharma, Himalaya, Babyganics, Chicco, Loreal SA, Beiersdorf AG, Avon Products, Inc., Burt's Bees, Wipro, Unilever, Procter & Gamble, Johnson & Johnson and Kimberly Clark.
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