Global Baby Care & Mother Care Products Market to Grow at 6.52% CAGR till 2021, Says Azoth Analytics in Its Study Available at MarketPublishers.com03 Apr 2017 • by Natalie Aster
LONDON – Encouraged by a slew of favourable forces such as rising popularity of e-commerce, mushrooming demand for innovative products, escalating birth rates in emerging economies like India and China, expanding urbanization, rising number of nuclear families and surging expenditures on mother and child care, the world’s baby care and mother care products market is following an upward trend at a stable pace, and is slated to keep on growing, posting a 6.52% CAGR from 2016 till 2021.
Application-wise, the nursing bottles and nipples segment is likely to spur the total market growth due to increasing infant population number worldwide and especially in several developing countries of the APAC region. Meantime, the breast pumps segment is predicted to see remarkable growth owing to the rising number of working women.
Regionally, the world’s market for baby and mother care products is expected to be dominated by North America. Still, the APAC market also has lucrative growth prospects and is anticipated to exhibit strong growth in the short run, driven majorly by India and China.
New Azoth Analytics’ research study “Global Baby Care and Mother Care Products Market – Analysis By Product, By Region, By Country: Trends, Opportunities and Forecasts (2016-2021)” is an unrivalled source of relevant information on the current situation in the global marketplace. Moreover, it provides historical market data from 2011 till 2015 and also presents detailed forecasts for the market up to 2021.
This in-demand research report includes a detailed market segmentation assessment based on products, regions, applications and countries. It also sheds light on the market dynamics, analyzing the key market growth driving factors, challenges and trends. Insights into competitive scenario and profiles of 6 leading companies in the market are at hand in the report as well. A comprehensive future outlook for the baby care and mother care products till 2021 is also provided here. Furthermore, a reader can find essential strategic recommendations in this publication.
Other in-demand market research reports prepared by Azoth Analytics are available at its page.