A research report on
the global baby care products market has been recently added to the
comprehensive market research database of Transparency Market
Research. The report, titled “Baby
Care Products Market - Global Industry Analysis, Market Size, Share,
Growth and Forecast 2007 - 2017”, states that the
global baby care products market, which was valued at US$ 44.7
billion in 2011, is projected to observe growth at a CAGR of 7.0%
from 2012 to 2017, and stand worth US$ 66.8 billion by 2017.
Amongst the
lucrative geographic regions for this market, the EMEA region, which
currently leads the global market, is expected to continue its lead
throughout the forecast period as well. This region is expected to
amass nearly 34.7% shares of this market by the end of 2017. Market
shares of this region are expected to be followed by those of
Asia-Pacific majorly due to an overall rise in disposable incomes of
parents in this region.
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Research Report of Baby Care Products Market :
The report focuses
on two broad sections of the global baby care products market - baby
cosmetics and toiletries, and baby safety and convenience products.
The shares of these sections and their major sub-sections on the
basis of a geographic segmentation of the global market are also
explained.
The report mentions
that the major factor behind the overall growth of this market is the
growing populations of babies in developing nations, supplemented by
the considerable rise in disposable incomes of parents in these
regions. What adds fuel to the growth of this market is the increase
in the average lifespan of parents and the rising number of women
entering the mainstream workforce throughout the globe. Being
financially more stable, higher aged parents and working women spend
more on baby care and convenience products, leading to positive
growth of this market.
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Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=36
Currently, the major
chunk of revenues is collected by the segment of baby cosmetics and
toiletries. In 2011, this segment accounted for nearly 92.2% revenues
of the market and had a net worth of US$ 41.3 billion. This market
segment is expected to observe growth at a CAGR of 7.1% during the
forecast period to achieve market value worth US$ 62.3 billion in
2017.
Geography-wise, EMEA
and Asia-Pacific are currently the major regional markets with huge
growth prospects for the global baby care products market. In 2011,
the revenue shares of these regions stood at 34.5% and 28.7%
respectively. The global baby care products market in EMEA is
expected to amass market worth of US$ 23.5 billion by 2017. During
the forecast period, however, the geographic segment of Latin America
is expected to grow at the fastest pace, at an expected CAGR of 8.9%.
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Release of Baby Care Products Market :
Owing to the huge
number of product categories, the baby care market is very
fragmented. It is mainly dominated by toiletries manufacturers
Kimberley-Clark, Procter & Gamble (P&G) and Johnson &
Johnsons. Currently, P&G leads the global market with its premium
brand of diapers “Pampers”. Kimberley-Clark holds the second
market position with popular brands like Huggies, GoodNites, DryNites
and Pull-Ups. The third largest baby care products manufacturer is
Johnson & Johnson (J&J) and has products across product
segments such as skin care, sun care, hair care and bathing products.
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Consumer Goods Market Research Reports @
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