DUBLIN –(BUSINESS WIRE)
The “Breastfeeding Accessories Market Size, Share & Trends Analysis Report By Product (Nipple Care Products, Breast Shells, Breast Pads, Breastmilk Storage & Feeding), By Region, And Segment Forecasts, 2018 – 2025” report has been added to ResearchAndMarkets.com’s offering.
The global breastfeeding accessories market size is expected to reach USD 2.4 billion by 2025. The market is estimated to register a CAGR of 7.9% during the forecast period.
Improving healthcare infrastructure in emerging economies and increasing number of milk banks are key factors driving the market. Moreover, growing awareness about the advanced breastfeeding accessories along with increasing number of working women in developing regions would boost the market demand.
As per the statistics provided by WHO, infant mortality has declined to a great extent, which would also fuel product demand. In addition, according to a report published by the U.S. CDC, infant mortality in U.S. declined by 15%. Thus, demand for breastfeeding accessories is expected to grow over the forecast period. The breastfeeding accessories market is comparatively mature in developed economies, such as U.S., Germany, France, and Australia, owing to presence of key companies in these countries and high demand for such products.
On the other hand, developing Asian and Latin American countries currently have a moderate adoption rate of these products due to lack of awareness. Economic growth and rising disposable income levels in these countries are anticipated to drive the market. Manufacturing companies are investing in such developing regions to expand their presence. This is also expected to augment market demand.
Further key findings from the study suggest:
- Nipple care products are projected to witness a remarkable CAGR of 8.9% over the forecast years owing to high adoption of nipple shields, especially in U.S.
- Asia Pacific region is estimated to witness the highest CAGR of 10.7% during the estimated period due to increased adoption of pumping technology, rising disposable income levels, and increased number of working women
- North America commanded over 53.0% share of the global breastfeeding accessories market in 2016 owing to sophisticated healthcare infrastructure and higher product awareness among consumers
- Koninklijke Philips N.V.
- Medela LLC
- Newell Brands
- Pigeon Corporation
- Mayborn Group Limited.
- Artsana S.p.A.
- Edgewell Personal Care
- Handi-Craft Company (Dr. Brown’s)
Key Topics Covered
Chapter 1 Report Scope
Chapter 2 Methodology
Chapter 3 Objectives
Chapter 4 Executive Summary
Chapter 5 Market Definition
Chapter 6 Industry Outlook
Chapter 7 Regulatory & Political Forces
Chapter 8 Competitive & Vendor Landscape
Chapter 9 Segment Analysis
Chapter 10 Regional Outlook
Chapter 11 Company Profiles
Chapter 12 KOL Commentary
Chapter 13 Recommendations
For more information about this report visit https://www.researchandmarkets.com/research/w4kt4j/global?w=4
Laura Wood, Senior Press Manager
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Related Topics: Baby and Child Products , Maternal and Neonatal Care
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