Dublin, March 29, 2023 (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 estimated at US$2.9 Billion in the year 2022, is projected to reach a revised size of US$4.3 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030.
Plastic, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Silicone segment is readjusted to a revised 5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $464.9 Million, While China is Forecast to Grow at 6.6% CAGR
The Baby Feeding Bottles market in the U.S. is estimated at US$464.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$768.6 Million by the year 2030 trailing a CAGR of 6.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.4 Billion by the year 2030.
Select Competitors (Total 46 Featured) -
- Alpha Baby Care Co., Ltd.
- Babisil International Ltd.
- Chemco Group
- Comotomo, Inc.
- Dolphin Baby Product
- Handi-Craft Company
- Koninklijke Philips N.V.
- Linco Baby Merchandise Works Co., Ltd
- Mason Bottle
- Mayborn Group Limited
- Munchkin, Inc.
- nanobebe US LTD.
- Narang Plastics Private Limited
- Novatex GmbH
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 315 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.9 Billion |
| Forecasted Market Value (USD) by 2030 | $4.3 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Baby Feeding Bottles - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- 2020 Marked as a Year of Disruption & Transformation
- World Economic Growth Projections (Real GDP, Annual % Change) for 2019 to 2022
- COVID-19 Pandemic Dampens Global Demand for Baby Feeding Bottles
- 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 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. 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
- Population of Children (0-4 years) in Million for Select Countries: 2020
- 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
- Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
- Global Middle Class Spending (in US$ Trillion) by Geographic Region
- Expanding Urban Population Spurs Growth
- Urban Population Worldwide in Thousands: 1950-2050P
- The Millennials Reaching Child-Bearing Age Drive Healthy Market Growth
- Table 3: Global Millennial Population by Region (2020E): Percentage Breakdown of Number of Millennials for North America, Europe, China & Japan, Latin America and Rest of World
- Millennial Population as a Percentage (%) of Total Population in Developing Countries: 2020
- Rising Popularity of Online Retailing Lends Traction to Market Growth
- Factors Influencing Online Purchase Decision (2020): Percentage Share Breakdown by Consumer Preferences
- Use of Social Media for Marketing Expands Market Reach
- Growing Awareness about Benefits of Breastfeeding - A Market Restraint
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/m4yz5v
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