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Baby Bottles & Nipples Market is anticipated to reach US$ 1132.4 million, witnessing a CAGR of 7.4% during the forecast period 2024-2030 | The Market Reports

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Baby Bottles & Nipples Market is anticipated to reach US$ 1132.4 million, witnessing a CAGR of 7.4% during the forecast period 2024-2030 | The Market Reports

March 28
05:26 2024
Baby Bottles & Nipples Market is anticipated to reach US$ 1132.4 million, witnessing a CAGR of 7.4% during the forecast period 2024-2030 | The Market Reports
Baby Bottles & Nipples Market: $1132.4M, 7.4% CAGR by 2030
The Baby Bottles & Nipples Market is expected to achieve a valuation of $1132.4 million by 2030, spurred by the increasing demand for innovative baby feeding solutions and the growing emphasis on infant health and hygiene.

The global Baby Bottles & Nipples Market was valued at US$ 687.3 million in 2023 and is anticipated to reach US$ 1132.4 million by 2030, witnessing a CAGR of 7.4% during the forecast period 2024-2030.

According to World Bank statistics, the global birth rate in 2021 was about 1.7%. Although the population growth rate had slowed down, with the development of the world economy and the increase of per capita disposable income of residents, the spending power is growing. Therefore, there is still a large room for development in the baby products industry. Improving product quality and tapping the value of a single customer will become the drivers for the growth of the infant and child industry. Refinement and diversification are the core characteristics of the consumer demand. China has a large population base, and even if the population growth rate slows down, there will still be a demographic dividend. The State Council in 2022 proposes to “Guide market players to produce safer and healthier domestic infant products”. According to the National Bureau of Statistics, China’s birth rate in 2022 was 6.77%, and the birth population was 9.56 million. According to the results of the seventh national census in 2021, the number of infants and young children aged 0-6 in China reached 140 million, of which the number of infants and young children aged 3-6 exceeded 70 million. The huge population size has brewed a market demand with huge potential, and the children’s consumption market has risen rapidly. Chinese families spend a lot on childcare, with the average cost of childcare ranking second in the world. The survey data released by China Research Center for Children’s Industry shows that in 80% of families in China, children’s expenditures account for 30% to 50% of household expenditures, and the average annual consumption of children in families is ¥17,000 to 25,500. According to data from the Yuwa Population Research, the national average cost of raising a child (the cost of raising a child to the age of 18) is ¥485,218. From the perspective of specific stages, the largest proportion is the cost of raising children aged 6-14, accounting for about 45%. The cost during pregnancy, the cost of childbirth and confinement, and the cost of raising babies aged 0-2 accounted for 2.06%, 2.09% and 13.33% separately.

This report aims to provide a comprehensive presentation of the global market for Baby Bottles & Nipples, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Baby Bottles & Nipples.

Report Scope

The Baby Bottles & Nipples market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Baby Bottles & Nipples market comprehensively. Regional market sizes, concerning products by Materials, by User, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Baby Bottles & Nipples manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Materials, by User, and by regions.

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Market Segmentation

By Company

  • Pigeon
  • NUK
  • Dr. Brown’s
  • AVENT
  • BABISIL
  • Nuby
  • NIP
  • LOVI
  • MAM
  • Born Free
  • Lansinoh mOmma
  • Richell
  • US Baby
  • Bfree Plus
  • Chicco
  • Evenflo
  • Comotomo
  • Bouche Baby
  • Medela
  • Munchkin
  • Playtex
  • Tommee Tippee
  • HITO
  • Ivory
  • Rikang
  • Bobo
  • Pigeon

 

Segment by Materials

  • Glass Type Baby Bottles & Nipples
  • Plastic Type Baby Bottles & Nipples
  • Metal Type Baby Bottles & Nipples

 

Segment by User

  • 0-6 Months Baby
  • 6-12 Months Baby
  • More than 12 Months Baby

 

Consumption by Region

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

 

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Materials, by User, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Baby Bottles & Nipples manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Sales, revenue of Baby Bottles & Nipples in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 4: Provides the analysis of various market segments by Materials, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by User, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 9: The main points and conclusions of the report.

Read More Related Research Reports:

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Angled Baby Bottles Market: https://www.themarketreports.com/report/global-angled-baby-bottles-market-research-report

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