The new report by Expert Market Research titled, ‘Global Baby Bottle Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global baby bottle market, assessing the market based on its segments such as materials, age groups, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 4%
The promotion and adoption of infant formula have grown significantly over the world. Due to the rising demand for formula milk, many companies, including Abbot and Nestle, have introduced new baby milk. Demand for baby feeding goods, such as baby bottles, is predicted to rise as a result of longer working hours and an increase in the number of working women. The introduction of BPA-free infant bottles is a significant market trend. Thyroid and brain problems, prostate and breast cancer, infertility, and heart disease are all known to be caused by BPA. Astute producers are working to overcome these obstacles by creating BPA-free products. Industry players are also making new material products like silicone, glass, and stainless steel for making baby bottles, thereby propelling the global market growth.
Industry Definition and Major Segments
Both the mother and the father can feed the infant with the help of a baby bottle. Plastic, glass, silicone, and stainless steel are all common materials for baby bottles. Plastic bottles are both break-resistant and light. While current plastic bottles are generally believed to be safe, older bottles may contain bisphenol A (BPA), a chemical that the Food and Drug Administration (FDA) has banned from use in baby bottles.
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By material, the market is segmented into:
- Stainless Steel
By age group, the market is classified into:
- 0-6 Months
- 6-18 Months
By distribution channel, the market is divided into:
On the basis of region, the market is segmented into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Due to the increased demand for baby feeding products, such as baby bottles and nipples, manufacturers are focusing on providing modern versions with greater functionality and better materials. The rising disposable income and increasing penetration of hypermarkets and supermarkets, drug and pharmacy stores, and online platforms for e-tailing are expected to increase the scope of products over the forecast period. Also, growing awareness about infant formula, coupled with increasing penetration of innovative products, is expected to have a positive impact on market growth. This soft, medical-grade silicone bottle has an easy-to-hold texture, and it has a dual venting mechanism to help with colic and airflow. As a result, innovation appears to be a key component in the growth of the baby bottle market.
Key Market Players
The major players in the market are Pigeon Corporation, Summer Infant, Inc., Medela, Inc., Artsana S.p.A, Munchkin, Inc., Handi-Craft Company, Zhejiang Reshine Babycare Co., Ltd., and Babisil International Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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