Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3312.94 million | USD 4825.69 million | 4.82% | 2022 |
The global baby bottle market size was worth around USD 3312.94 Million in 2022 and is predicted to grow to around USD 4825.69 Million by 2030 with a compound annual growth rate (CAGR) of roughly 4.82% between 2023 and 2030. The report analyzes the global baby bottle market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the baby bottle industry.
Baby bottles are important baby care products that are being used to feed the baby until a year. There is a wide spectrum availability of baby bottles in the market with colors, designs, and useful features.
The foremost factor that is driving the global baby bottle market growth is the growing birth rate across the globe. With the increasing birth rate, the demand for baby care products is also growing significantly, especially the baby bottles. Furthermore, the rising per capita & disposable income of the people coupled with high penetration of supermarkets, hypermarkets, online stores, and pharmacy stores across the globe are fueling the market growth significantly.
The promotion and adoption of innovative infant formulas fueled the market growth across the globe. Moreover, with high penetration of these infant formulas, several players in the market are focusing on expanding their business with BPA-free advanced products. The BPA-free bottles are a surging trend in the global baby bottle market. BPA content present on the inner surface of the baby bottle can enter into the liquid stored and can negatively impact the health of babies. BPA is known to cause several brain abnormalities, breast & prostate cancer, thyroid, and many more. So BPA-free products are manufactured by the key players in the market and overcome these underlying challenges and hence will positively shape the trajectory of the global baby bottle market during the forecast period. The prominent manufacturers are concentrating on developing an advanced version with enhanced features and improved quality of materials like bottles and nipples. Busy and long working hours coupled with the surging number of women employees across the globe is boosting the growth of the global baby bottle market vigorously.
Premiumization offered by manufacturers makes the products appealing to consumers and thus bolster the market growth. The premiumization is driven by high-quality products with exclusive features and added specifications for the baby bottles.
The global baby bottle market can be segmented into material, distribution channel, capacity, price range, and region.
By material, the market can be segmented into stainless steel, plastics, and others. The plastic segment holds the largest share in the global baby bottle market owing to a widespread presence in several sales channels like online and offline. Moreover, the plastic bottles are brittle and lightweight as compared to others. The stainless steel bottles are expected to grow significantly during the forecast period due to the growing health concern with plastic bottles. Steel bottles are chemical-free, resilient, and bacteria resistant.
By distribution channel, the market can be segmented into online stores, drug & pharmaceutical stores, convenience stores, specialty stores, hypermarket/supermarket, wholesaler/distributor, and others. The hypermarkets and supermarkets segment holds the largest market share. The online segment is anticipated to grow significantly during the forecast period owing to the growing internet penetration. Moreover, e-commerce is growing fastly due to technological advancements and thus further propels the market growth.
By capacity, the market can be segmented into more than 9 oz, 6-9 oz, 3-6 oz, less than 3 oz, and others.
By price range, the market can be segmented into the mid-range and high range.
Report Attributes | Report Details |
---|---|
Report Name | Baby Bottle Market Research Report |
Market Size in 2022 | USD 3312.94 Million |
Market Forecast in 2030 | USD 4825.69 Million |
Growth Rate | CAGR of 4.82% |
Number of Pages | 214 |
Key Companies Covered | Amama, Cherub Baby Australia, Tommee Tippee, Basil, Medela, Goodbaby, Steri-Bottle, Rikang, US Baby, Pacific Baby Inc., Lovi, Rhshine Babycare, MAM, Ivory, Bobo, Nanobb, Lansinoh, Born Free, Evenflo, Gerber, Nuby, Dr. Brown's, Playtex, NUK, Avent, Pigeon, Mason Bottle, Mayborn Group Limited, BABISIL, Pura Stainless Llc, and Handi-Craft Company |
Segments Covered | By Material, By Distribution Channel, By Capacity, By Price Range, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific dominates the global baby bottle market owing to the presence of prominent players in the region and a significant spike in the number of working women in countries like China. Moreover, the growing awareness of the consumers about baby care products and rising disposable income contribute significantly to regional growth.
Europe is a growing region in the global baby bottle market due to the increasing population of working women and surging health issues in women.
Some of the significant players in the global baby bottle market are:
Global Baby Bottle Market: Segment Analysis
By Material
By Distribution Channel
By Capacity
By Price Range
By Region
What Reports Provides
FrequentlyAsked Questions
The foremost factor that is driving the global baby bottle market growth is the growing birth rate across the globe. With the increasing birth rate, the demand for baby care products is also growing significantly, especially the baby bottles. Furthermore, the rising per capita & disposable income of the people coupled with high penetration of supermarkets, hypermarkets, online stores, and pharmacy stores across the globe are fueling the market growth significantly.
Some of the significant players in the global baby bottle market are Amama, Cherub Baby Australia, Tommee Tippee, Basil, Medela, Goodbaby, Steri-Bottle, Rikang, US Baby, Pacific Baby Inc., Lovi, Rhshine Babycare, MAM, Ivory, Bobo, Nanobb, Lansinoh, Born Free, Evenflo, Gerber, Nuby, Dr. Brown's, Playtex, NUK, Avent, Pigeon, Mason Bottle, Mayborn Group Limited, BABISIL, Pura Stainless Llc, and Handi-Craft Company,
Asia Pacific dominates the global baby bottle market owing to the presence of prominent players in the region and a significant spike in the number of working women in countries like China. Moreover, the growing awareness of the consumers about baby care products and rising disposable income contribute significantly to regional growth
The CAGR value of the baby bottle market is expected to be around 4.82% during 2023-2030.
The global baby bottle market size was worth around USD 3312.94 Million in 2022 and is predicted to grow to around USD 4825.69 Million by 2030.
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