Market Research Report
Asia Pacific Baby Products Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||503236|
|Published||Content info||132 Pages
Delivery time: 2-3 business days
|Asia Pacific Baby Products Market Forecast 2019-2027|
|Published: May 4, 2019||Content info: 132 Pages||
The Asia Pacific Baby Care Market is anticipated to grow from USD XX million in 2018 and projected to reach up to USD XX million by 2027, at 4.21% CAGR during 2019-2027. The base year considered for the study is 2018 and the estimated period is between 2019 and 2027. The increase in the birth rates across the developing countries and rising awareness about child's hygiene are the two major factors boosting the growth of the market during the forecast period.
With holding the 29.61% market share, Asia Pacific clearly dominates the market. The developing countries from Asia Pacific are the promising markets for the Baby Care Products. Presence of most populace countries such as China, Japan, India, and Urbanization are the two main factors that are thrusting the growth of the Asia Pacific Market. Economic development in Asia Pacific countries has led to the rise in the financial status of the people and in turn has increased their purchasing or spending power.
The baby care market growth is fueled by factors such as rise in financial status and spending power of the people and online retailing. The hazardous effects caused by products and huge costs associated with raw materials, product development and marketing are restraining the market to move ahead. Natural and non-toxic baby products and preferable growth in emerging markets are opening up new doors for the baby care market.
Key and well-established players in the market are L'oreal SA, Gerber Products Company, Yuhan Corporation, Dabur India Limited, Pigeon Corporation, Natura Cosmetics SA, Marks & Spencer Group, aKopas Kozmetik, Johnson & Johnson, The Honest Company Inc., Kimberly Clark Corporation, Beiersdorf AG, Hayat Kimya Sanayi, Procter & Gamble, and Avon Products Inc.