The Global Market for Baby Toiletries is Projected to Reach US$18.6 Billion by 2022
Rising Parental Concerns Over Chemicals and Toxins &
the Ensuing Demand for Products With Organic Ingredients Drives the Baby
Toiletries Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global Baby Toiletries market. The
global market for Baby Toiletries is projected to reach US$18.6 billion by 2022,
driven by the paramount importance given to baby health, decline in infant
mortality as a result of superior medical care, and increased willingness among
working mothers to pay a price premium for organic and natural baby care
products.
The global market
for baby toiletries is currently witnessing robust growth, driven by decreasing
baby mortality rate; rising disposable income guided by rapid urbanization and
rising standard of living especially in developing regions; increasing number
of working women and rising awareness among consumers about health and hygienic
products. Further, spending on baby toiletries is highly dependent on the
demographic status of the society, education and financial independence of
women. In addition, busy lifestyles of working mothers is resulting in
increasing demand for baby care products, which make routine bathing and
cleanliness of their babies an easier affair. A major factor driving growth in
the market is the growing preference for natural and organic baby products that
are safe and harmless on babies’ skin and health. Well-educated
and informed parents and growing number of research studies highlighting a
number of chemicals that are toxic to developing brains and immune system of
infants and children are few of the factors driving the all-natural trend.
Baby skin
care represents the largest product market followed by baby
wipes, supported by effervescent product innovation and new product launches,
substantially higher fertility rates in developing countries as compared to the
developed markets. The market for baby wipes is also witnessing healthy growth
owing to factors, such as, increasing disposable income and purchasing power,
growth in the number of working women, and increased product awareness. The
growing awareness over the long-term effects of chemical exposures on human
health and the fact that over 90,000 chemicals are used in cosmetics and personal
care products, are leading parents to spend higher on safe baby health and hygiene
products. Ongoing R&D efforts in various parts of the world have encouraged
the development of biodegradable products, which are not only eco-friendly but
also sustainably harvested, hypoallergic, and chlorine-free.
As stated by the new
market research report on Baby
Toiletries, Asia-Pacific represents the largest and the fastest growing market
worldwide with a CAGR of 7.6% over the analysis period. Major factors driving growth
in the region include higher fertility in emerging countries as against the global
average, rapid urbanization, declining mortality rate of new born babies, rising
disposable income, and the trend towards fewer children per family and increasing
increased per capita spending per child.
Key players covered in the
report include Artsana S.p.A., Aveeno, Beiersdorf A.G., Eczacibasi-Beiersdorf
Cosmetics, Burt's Bees, California Baby, Chicco, Cotton Babies Inc., Dabur
India Ltd., Earth Mama Angel Baby, First Quality Enterprises, Fisher-Price,
Galderma S.A., Stiefel Laboratories Inc., Hengan International Group Company
Ltd., Johnson & Johnson, Kimberly-Clark Corp., Laboratoires Expanscience
S.A., Laboratoires Sante Beaute, L'Oréal S.A., Me n Moms Pvt. Ltd, Mustela,
Mothercare Plc, Naterra International Inc, Nestlé Deutschland A.G., Pigeon
Corp., Procter & Gamble Company, Sebapharma GmbH & Co. KG, Svenska
Cellulosa Aktiebolaget SCA, Sodalco s.r.l., The Himalaya Drug Company, Unicharm
Corporation, Unilever, Wakodo Co., Ltd. and Weleda among others.
The research report titled
“Baby
Toiletries: A Global Strategic Business Report” announced by Global
Industry Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, mergers, acquisitions and other
strategic industry activities of global companies. The report provides market
estimates and projections for all major geographic markets, such as the US, Canada,
Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific,
The Middle East & Africa, and Latin America.
Global Industry
Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.
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