Global Baby Bottle Market to See 4.08% CAGR through 2020, Projects Infiniti Research in Its Insightful Research Report Available at MarketPublishers.c09 Nov 2016 • by Natalie Aster
LONDON – During the past few years, developing countries have witnessed remarkable economic growth. The majority of these countries has also reported healthy birth rates and registered considerable improvements of healthcare conditions and increase in disposable incomes of local population.
Driven by these developments and some other factors the demand for baby care products is likely to gain traction in the next five years. The baby health and personal care products sector has evolved with time and has seen considerable technological advancements and also product and materials innovations.
The baby bottles market has seen robust growth in the recent past, and is predicted to continue keeping to an upward trend in the next 5 years. The major drivers that will likely support the baby bottles market growth include rising number of working women, increasing popularity of online retailing, ongoing technological advancements and also enhancing production of formula milk. However, the market growth could be restrained by risks associated with the usage of BPA in baby bottles, falling birth rates, loss of sales to counterfeit baby bottles and also enhancing awareness of breastfeeding benefits.
The world’s baby bottle market is anticipated to register a 4.08% CAGR between 2016 and 2020.
The insightful research report “Global Baby Bottle Market 2016-2020” elaborated by Infiniti Research gives in-depth insights into the worldwide baby bottle market, explores the market dynamics and also covers the major market growth influencing factors. It discloses important qualitative and quantitative info, touches upon top trends, investigates the competitive environment and also outlines future growth prospects through 2020.
Other in-demand research studies by Infiniti Research are offered in this Market Publishers’ catalogue.