PUNE, India, February 21, 2023 (GLOBE NEWSWIRE) — The global Baby care products market The size was estimated at $204.75 billion in 2021 and $215.13 billion in 2022. The market is expected to reach USD 331.92 billion by 2029 at a CAGR of 6.4% over the forecast period. Baby care products are becoming increasingly popular as they are the basic requirement for every baby. The increasing number of newborn babies has led to an increasing demand for baby oil, baby shampoo, baby powder, diapers, baby wipes, baby seats and safety products, baby food, baby clothes and baby toys. Fortune Business Insights™ shares this information in his report entitled “Baby Care Products Market, 2022-2029.“
Supply chain disruptions during the pandemic resulted in negative market growth
The COVID-19 pandemic led to the closure of supermarkets and hypermarkets due to restrictions. Blockages in the personal care industry’s supply chain, international trade restrictions and the closure of manufacturing plants significantly reduced the rate of manufacture and consumption of products worldwide. The pandemic negatively impacted sales of major brands such as Johnsons & Johnsons, Procter & Gamble and Kimberley Clark.
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Scope and Segmentation of Baby Care Products Market Report:
report coverage | details |
forecast period | 2022-2029 |
Forecast CAGR | 6.4% |
Value prognosis 2029 | $331.92 billion |
base year | 2021 |
Size of the baby care products market in 2021 | $204.75 billion |
Historical data | 2018-2020 |
number of pages | 175 |
Covered Segments | By product type, by end user, by sales channel, by region |
Baby Care Products Market Growth Drivers | Increasing innovations in baby care products are driving the market growth |
Use of chemicals in baby products to hamper product sales |
Fortune Business Insights™ lists all the companies in the baby care products market that are currently striving to reduce the impact of the Covid-19 pandemic on the market:
- Johnson &…
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