Global Baby Feeding Bottles Market Report 2022-2027
DUBLIN, Jan. 13, 2023 /PRNewswire/ – The “Global Baby Feeding Bottles Market – Forecasts from 2022 to 2027” A report has been added ResearchAndMarkets.com’s offering.
Global Baby Feeding Bottles Market was valued as US$2.947878 billion 2020
The major driver of baby feeding bottle sales is the rising middle-class. The demand for baby care products has increased due to rising urbanization and increasing disposable incomes.
Baby-feeding bottles are being sought after by a growing global working woman population. Baby formula adoption is increasing with Nestle and other companies launching new variants to meet the growing demand. This is driving the growth in baby feeding bottles.
Global e-commerce is also driving global market growth for baby feeding bottles. There are many baby feeding bottles available online. Many baby-feeding bottle manufacturers have started their own online selling platforms to increase their customer base and boost the overall market for baby feeding bottles.
The global baby-feeding bottle market is dominated by the plastic segment
Plastic segment held the majority of market share in 2019. It is projected that it will continue to hold its position up until the end. Nowadays, parents are more aware of the quality and type of baby bottles they choose to buy. Plastic baby bottles can be lighter than glass bottles and are stronger and less breakable.
BPA-free plastic baby feeder bottles have seen a rise in sales after the FDA banned the use of bisphenol A (an ingredient used to make sippy cups and baby bottles) because of its detrimental effect on baby health. The European Commission (EC), extended its ban against BPA in baby feed bottles to other products that can come into contact food and drinks, including bottles and drinking cups.
Baby feeding bottles made of new materials like silicone and stainless steel are also on the rise, which is positively impacting global market.
The segment of Online Sales Channels is expected to grow at a significant CAGR over the forecast period
In 2019, the offline segment accounted for the majority of market share. This trend will continue until the end. This dominance can also be attributed to consumers’ preference for buying baby formula and other baby care products at hypermarkets or supermarkets.
The CAGR for the online segment is expected to be higher during the forecast period. The online market has seen a significant increase in smartphone use and improved internet connectivity. There are many ecommerce and shopping platforms that make it convenient and easy to select from a range of products.
The Asia Pacific The fastest regional market growth
The global Baby Feeding Bottles market is segmented geographically as follows: North America, South America, EuropeThe Middle East, Africa, and Asia Pacific. Asia Pacific The market for baby feeding bottles is expected to experience the highest CAGR over the forecast period.
Increasing urbanization and rising purchasing power in countries such as the United States has led to an increase in living standards and purchasing power. China, India?, and Australia. Market growth for baby feeding bottles is being driven by the high birthrate in this region and increased child expenditure. Asia Pacific countries. In this region, baby formula is being adopted more frequently due to rising awareness about the benefits of hygienic baby products and practices.
Favorable policies IndiaThe “Child Health Goal” under “National Health Policy” is also helping to raise awareness about infant hygiene and health. This has fueled the market growth for baby feeding bottles. In 2008, the One-Child Policy was lifted. China Growing concerns about an ageing population and a declining workforce have boosted the demand of baby feeding bottles in the country, positively impacting this market’s overall growth.
Competitive Insights
Pigeon, Mayborn Group Limited, Munchkin, Inc., Babisil International Ltd., Richell Corporation, Bonny Products Private Limited, Koninklijke Philips N.V., NOVATEX GmbH, Linco Baby Merchandise Works Co., Ltd., Dolphin Baby Products are some of the key market players in global baby-feeding bottle market.
This is due to their excellent brand image and product offerings. These companies are also included along with their competitive strategies and positions in the market. This report also includes information on recent deals and investments made by market players in the past two years.
Competitive Environment and Analysis
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Analysis of Strategy and Major Players
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Emerging players and market lucreness
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Mergers. Acquisitions. Agreements. Collaborations
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Vendor Competitiveness Matrix
Segmentation
By Material
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Plastic
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Stainless Steel
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Silicone
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Glass
By Capacity
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Up to 4 Oz
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4.1 to 6 Oz
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6.1 to 9.0 Oz
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More than 9 Oz
By Sales Channel
By Geography
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North America
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USA
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Canada
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Mexico
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South America
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Brazil
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Argentina
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Europe
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UK
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Germany
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France
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Spain
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Italy
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Middle East And Africa
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Saudi Arabia
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UAE
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Israel
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Asia Pacific
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China
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Japan
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India
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South Korea
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Taiwan
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Thailand
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Indonesia
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