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Baby Bottles Market are Estimated to Exceed US$ 3,000 Mn by 2022-end
COVID-19 Analysis on the Global Baby Bottles Market
A recent market research report on the Baby Bottles market published by Fact.MR is an in-depth assessment of the current landscape of the market. Further, the report elaborates on the impact of the COVID-19 on the Baby Bottles market and provides a thorough understanding of the growth potential of each market segment over the forecast period (2020-2030).
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A recent research by Fact.MR estimates the global baby bottles market to register an average expansion over the forecast period 2017 to 2022. Shifting eating habits from healthy & regular balanced diet toward excessive fast food consumption has incurred several difficulties in breastfeeding for new mothers. In addition, parents are eager to pay more for high quality products related to baby care, such as baby bottles. These factors might fuel adoption of baby bottles over the forecast period. Revenues from the global baby bottles market are estimated to exceed US$ 3,000 Mn by 2022-end.
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BPA-free Plastic Baby Bottles – A Major Trend in the Global Baby Bottles Market
A major trend witness in the global market for baby bottles is introduction of BPA-free plastic baby bottles. Various hazardous effects have been associated with BPA, which include risks of breast as well as prostate cancer, infertility, heart diseases, and diabetes. The linings of baby bottles made up of plastic contain BPA, which further gets mixed with contents present in the bottles after continuous reheating, mechanical pressure, and when in contact with high pH detergents. This is why several countries, such as the EU, have banned utilization of baby bottles made of plastic, or, those containing BPA. These factors might impact growth of the market in the upcoming years.
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Manufacturers of baby care products are now concentrating on BPA-free baby bottles production. However, increasing skepticism of consumers related to chemicals contained in plastic material has led toward a decline in demand for plastic baby bottles. The glass baby bottles are therefore gaining higher popularity across the globe. Moreover, several other materials are used for production of baby bottles, which include stainless steel, silicone, and polypropylene, as these materials provide properties of both glass as well as plastic. Owing to its resilience, and being chemical-free and bacterial-resistant, stainless steel is being utilized for manufacturing baby bottles. But, as stainless steel is comparatively heavier than glass, and plastic, they undergo deformation at very low temperatures, and therefore cannot be kept in freezers.
Baby Bottles Markets in APEJ & MEA to Register a Parallel Expansion through 2022
Asia-Pacific excluding Japan (APEJ) is estimated to retain its dominance in the global baby bottles market, in terms of revenues. In addition, the baby bottles markets in APEJ and Middle East & Africa (MEA) are estimated to witness a parallel expansion at 4.3% CAGR through 2022.
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Baby bottle sales for infants of age group 6-18 months will surpass US$ 1,500 Mn in revenues by 2022-end. By sales channel, specialty stores will remain the largest segment in the global market, followed by modern trade. However, online sales channel for baby bottles are projected to register the fastest expansion through 2022.
6-9 ounces size of baby bottles will account for approximately half revenue share of the market over the forecast period. 6-9 ounces baby bottles are estimated to remain sought-after among parents, with sales projected to register an above-average expansion through 2022.
For More Insights: http://www.globenewswire.com/en/news-release/2020/03/24/2005575/0/en/Sales-of-Food-Thickening-Agents-Soar-Steadily-in-Line-with-Upsurge-in-Demand-from-Bakery-Confectionary-Industry-Says-Fact-MR-in-a-New-Study.html
Plastic Baby Bottles to Remain Preferred among Parents Globally
Plastic baby bottles will remain preferred among parents around the world. Glass baby bottle sales will register a comparatively faster expansion through 2022. This growth in sales of baby bottles made up of glass is because glass eliminates the health-effects caused by plastic material.
Key players profiled in Fact.MR’s report include
- Summer Infant Inc.
- Richell Corporation
- Medela, Inc.
- Goodbaby International Holdings Limited
- Comotomo, Artsana S.p.A.
- Munchkin, Inc.
- Handi-Craft Company
- Mayborn Group Limited
- Pigeon Corporation
- Koninklijke Philips N.V.
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