Baby Feeding Bottles Market-2023-2028


Posted April 3, 2023 by sandycool

The baby feeding bottles market was valued at 2.89 billion USD in the year 2022 that is expected to reach 4.48

 
The baby feeding bottles market was valued at 2.89 billion USD in the year 2022 that is expected to reach 4.48 billion USD by the end of 2028 with a compound annual growth rate of 5.95% during the outlook period of 2023-2028

Baby Feeding Bottles Market Driving Factors:

One of the major driving factors that help the growth of the global Baby Feeding Bottles market is rapid urbanization. The rise in the disposable income of consumers is another driving factor for the increase in the revenue rate of the market.

Another crucial driving factor to the growth of the Baby Feeding Bottles business is the increasing investments by the companies in new technological advancements to attract customers. The rising popularity of glass baby bottles and the rising number of working women are some of the prominent elements in the global Baby Feeding Bottles market. The increasing emergence of BPA-free baby bottles is another major growth factor in the international market.

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Baby Feeding Bottles Market Challenges:

Stringent regulations from the government authorities for the usage of bottles since it is made out of polycarbonate that contains a harmful chemical called Bisphenol A is one of the major restraints affecting the growth of the market for Baby Feeding Bottles.

Another major limitation to the growth of the Baby Feeding bottles market was the mistrust of the customers about the material. The complexity associated with the distortion when kept in freezers and raising awareness about the benefits of breast milk are some of the major challenges to the expansion of the Baby Feeding Bottles business.

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Market Segmentation:

On the basis of material:

Silicon

Glass
Stainless steel
Plastic
Others
Among these segments, plastic holds the major share of the market attributed to the factor that plastic bottles are easily available at affordable prices.

On the basis of capacity:

4 Oz
1 to 6 Oz
1 to 9
9 Oz
On the basis of the distribution channel:

Convenience stores
Specialty stores
Hypermarkets
Supermarkets
Pharmacy & drug stores
Online retailing
Others
Among these, the hypermarkets and supermarkets segment holds the dominant share of the market as most of the baby care products are easily available in such stores at affordable rates.

Regional Analysis:

The baby feeding bottles market is elaborated in various regions all around the world such as

North America (US, Mexico, Canada, and the rest of North America)
Europe (Germany, Spain, Italy, the UK, France, and the Rest of Europe)
Asia Pacific (India, Japan, China, Australia, and the Rest of Asia Pacific)
Latin America
The Middle East and Africa
Asia Pacific region holds the major share of the market with an increase in disposable income and a surge in demand for different types of baby feeding bottles in this area.

North America region holds the second-largest share of the market of Baby Feeding Bottles owing to the rising popularity of glass baby bottles and the rising number of working women, especially in emerging economies such as the United States, Mexico, and Canada.

The Europe region is also expected to increase in the market of baby feeding bottles with the hike in investments by the companies in this locale.

Covid-19 impact on the Baby Feeding Bottles market:

Coronavirus has impacted global industries by directly affecting production and demand, by creating supply chain and market disruption, and by a financial impact on firms. Due to COVID-19, industries have halted their operations across the prominent end-use industries of conformal coatings, including automotive, aerospace, and electronics. In addition, the demand for baby feeding bottles has gradually decreased.

Key market players:

Chemco Group
Linco Baby Merchandise Work Co., Ltd.
Farlin
Linyi Shansong Biological
Mayborn Group
Handi-Craft Company
Munchkin Inc.
Alpha Baby Care Co., Ltd.
Paul Manufacturing Company
Philips AVENT
Artsana USA Inc.
Novatex North America
Tupperware
BABISIL
Pigeon India Pvt. Ltd
Narula Overseas Industries Pvt. Ltd.
Bonny Baby Care Pvt. Limited
Wuxi New Swiss Baby Products Co., Ltd.
Narang Plastics
Vital Baby
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Categories Business , Marketing
Tags baby feeding bottles market trends , baby feeding bottles market values , baby feeding bottles market growth
Last Updated April 3, 2023