Dublin, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The "Baby Feeding Bottles - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Baby Feeding Bottles is estimated at US$3.0 Billion in 2023 and is projected to reach US$4.3 Billion by 2030, growing at a CAGR of 5.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the baby feeding bottles market is driven by several factors. Increasing awareness among parents about the health and safety of feeding products has led to a demand for high-quality, BPA-free, and eco-friendly bottles. Parents today are more informed and conscientious about the products they use for their children, prioritizing those that ensure safety and reduce environmental impact. The rising disposable incomes and changing lifestyles, particularly in urban areas, have boosted the demand for convenient and innovative baby feeding solutions. Families with higher disposable incomes are more likely to invest in premium feeding products that offer enhanced features and benefits.
Additionally, the growing number of working mothers has increased the need for efficient feeding products that support breastfeeding and formula feeding, providing flexibility and convenience to manage their busy schedules. Technological advancements in materials and product designs, coupled with the introduction of smart features, are attracting tech-savvy parents who seek modern solutions for infant care. The expansion of online retail platforms has also made a wide variety of baby feeding bottles accessible to a broader audience, further driving market growth. Online retail offers convenience, variety, and competitive pricing, making it easier for parents to find and purchase the best products for their needs.
These factors, along with the continuous focus on product innovation and safety, are expected to sustain the growth of the baby feeding bottles market in the coming years. The market is likely to see ongoing advancements and diversification, meeting the evolving needs and preferences of parents and ensuring the well-being of infants.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Plastic Feeding Bottles segment, which is expected to reach US$2.0 Billion by 2030 with a CAGR of a 4.9%. The Silicone Feeding Bottles segment is also set to grow at 5.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $484.2 Million in 2023, and China, forecasted to grow at an impressive 6.6% CAGR to reach $768.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Koninklijke Philips N.V., Gerber Products Company, Babisil Products Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 315 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $3 Billion |
| Forecasted Market Value (USD) by 2030 | $4.3 Billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
MARKET OVERVIEW
- Baby Feeding Bottles - Global Key Competitors Percentage Market Share in 2024 (E)
- Global Baby Feeding Bottles Market to Exhibit Steady Growth
- Plastic Feeding Bottles Hold Major Share, while Stainless Steel and Glass to Post Fastest Growth in Global Baby Feeding Bottles Market
- Asia-Pacific Leads the Global Baby Feeding Bottles Market
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Recent Market Activity
- Select Popular Baby Feeding Bottles
- Philips Avent BPA-Free Natural Baby Bottles
- Evenflo Feeding Balance+ Wide-Neck Glass Bottles
- Comotomo Silicone Baby Bottles
- Munchkin Latch BPA-Free Newborn Baby Bottles
- Nanobebe Baby Bottles
- Playtex Baby VentAire Baby Bottles
- Dr. Brown's Original Bottles
- Dr. Brown's Options+ Preemie Baby Bottles
- PopYum Bottles
- Lansinoh Breastmilk Bottles with NaturalWave Nipple
- Tommee Tippee Closer to Nature Fiesta Fun Time Baby Bottles
- Perry Mackin Silicone Wide-Neck Bottles
- thinkbaby All in One Bottles
- Yoomi Self-Warming Bottles
- WORLD BRANDS
MARKET TRENDS & DRIVERS
- Increasing Global Population and Rise in Number of New Births: Opportunity Galore for Baby Feeding Bottles
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Global New Births (in Millions) per Annum by Geographic Region
- Global New Births (In Thousands) per Annum by Select Country
- Technological Advancements in Baby Monitoring Devices Drive the Market Forward
- Rising Women Workforce Drive Demand for Baby Feeding Bottles
- Top 10 Countries Worldwide with the Highest Proportion of Working Women in the Nation's Women Population
- Increasing Uptake of Formula Milk Drives the Demand for Baby Feeding Bottles
- Convenience & Safety Remain Defining and Sought-After Aspects of Baby Feeding Bottles
- Improved Features & Better Materials Take Center Stage
- BPA-Free Baby Feeding Bottles Gain Traction
- Revival in Demand for Glass Baby Bottles
- Growing Parent Awareness Bodes Well for the Baby Feeding Bottles Market
- Premiumization Trend Spurs Market Demand
- Product Launch & Innovation: Hallmark of Global Baby Feeding Bottles Market
- Rising Middle Class Population in Emerging Markets Offer Increased Growth Prospects
- Expanding Urban Population Spurs Growth
- The Millennials Reaching Child-Bearing Age Drive Healthy Market Growth
- Rising Popularity of Online Retailing Lends Traction to Market Growth
- Use of Social Media for Marketing Expands Market Reach
- Growing Awareness about Benefits of Breastfeeding - A Market Restraint
FOCUS ON SELECT PLAYERS (Total 46 Featured):
- Koninklijke Philips N.V.
- Gerber Products Company
- Babisil Products Ltd.
- Evenflo Feeding, Inc.
- Handi-Craft Company (Dr. Brown`s)
- Farlin Corporation
- Chemco Group of Companies
- Artsana USA, Inc. (Chicoo)
- Ambica Plastics
- Bobo
- Bonny Poly Plast Pvt. Ltd.
- Born Free Holdings Ltd.
- Comotomo, Inc.
- Dolphin Baby Product
- Goodbaby International Holdings Limited
For more information about this report visit https://www.researchandmarkets.com/r/vvm1l4
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
