With Young Parents Unwilling to Compromise on Quality or Safety, Organic Baby Care Products Steal Premium Pricing Benefits
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 are
poised to drive the global
market for Baby Toiletries to reach US$18.6 billion by 2022.
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 in the market include Artsana S.p.A., Chicco, Beiersdorf A.G.,
Beiersdorf S.p.A., Burt's Bees, California Baby, Dabur India Ltd., Earth Mama
Organics , First Quality Enterprises, Johnson & Johnson, Aveeno, The Johnson & Johnson K.K.
Corporation, Johnson & Johnson S.p.A., Kimberly-Clark Corp., Laboratoires
Expanscience S.A., Laboratoires Sante Beaute, L'Oréal S.A., Me n Moms Pvt.
Ltd., Naterra International, Inc., Nestlé Deutschland A.G., Noodle & Boo,
LLC, Ontex N.V., Pigeon Corp., Procter & Gamble Company, Sebapharma GmbH
& Co. KG, Sodalco s.r.l., The Himalaya Drug Company, Unicharm Corporation,
Unilever, Wakodo Co., Ltd., and Weleda, among others.
The research report titled
“Baby Toiletries - Market Analysis, Trends, and Forecasts” 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. Product segments analyzed
include Baby Wipes, Baby Shampoo, Baby Skin Care Products, Baby Powder, Baby
Bath Additives, Baby Soaps, and Baby Cotton Buds.
For enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
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