Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 19.2 Billion | USD 26.8 Billion | 4.8% | 2021 |
FrequentlyAsked Questions
An increase in demand for skin care products is projected to foster the market growth. Moreover, increase in birth rate, easy availability of the products on e-commerce platforms, busy lifestyle of parents and rise in disposable income in emerging countries are also some of the key aspects that are flourishing the market growth.
According to the Zion Market Research report, the global baby care product market was worth about 19.2 (USD billion) in 2021 and is predicted to grow to around 26.8 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 4.8 percent.
Region wise, Asia Pacific region is predicted to hold the largest share in the global baby care product market with India and China being the major shareholders during the forecast period. This is primarily due to increase in demand for skincare products, rise in birth rate, and increase in disposable income.
The Himalaya Drug Company, Honasa Consumer Pvt. Ltd., Kimberly-Clark (KCWW), Procter & Gamble (P&G), Unilever, California Baby, Beiersdorf, Sebapharma GmbH & Co. KG, and Citta World are some of the major players operating in the global baby care product market.
Products that are intended expressly to satisfy the needs of newborns and young children are referred to as "baby care" products. These items are used to maintain a baby's cleanliness, comfort, and well-being while also ensuring their safety.
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