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The baby bottles market share is expected to increase by USD 965.64 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.86%.
This baby bottles market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the baby bottles market segmentation by product (plastic, glass, and others), distribution channel (offline and online), and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The baby bottles market report also offers information on several market vendors, including Babisil Products Co. Ltd., BABY BREZZA, Canpol Sp Zoo, Comotomo Inc., Evenflo Feeding Inc., Handi-Craft Co. Inc., Ideal Baby & Kids, Koninklijke Philips NV, MAM Babyartikel GesmbH, MAPA GmbH, Mayborn Group Ltd., Medela AG, Mothercare IN Ltd., Munchkin Inc., Nurnberg Gummi Babyartikel GmbH & Co. KG, Pigeon Corp., PopYum LLC, and Yoomi Ltd. among others.
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Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. The increase in the adoption and promotion of formula milk for infants is notably driving the baby bottles market growth, although factors such as increasing awareness about the benefits of breast milk may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the baby bottles industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Baby Bottles Market Driver
The increase in adoption and promotion of formula milk for infants is one of the key drivers fueling the baby bottles market growth. Many lactating mothers, particularly working women and others who manage single-parent households, are opting for formula milk for newborns instead of breast milk. Vendors operating in the baby products or food market are introducing infant formula milk on a regular basis. This formula milk can be stored for a longer period of time after its preparation. This additionally permits parents to get some time to do their personal work and other services. Such formula milk is claimed by vendors to be equally healthy and nutritious as mother's (breast) milk. This increased adoption of formula milk will develop the need for products such as toddler bottles, subsequently fueling the demand in the market in the course of the forecast period.
Key Baby Bottles Market Trend
Rising demand from developing countries is one of the key baby bottles market trends propelling the market growth. The awareness among the population in developing countries of the products and brands available in the market is growing significantly, and this is due to the rapidly rising Internet penetration in these countries. This increased awareness about brands and products has led to a huge change in customer purchasing behavior in these countries. This growing Internet penetration has given consumers better access to international brands and enhanced awareness in countries such as China, India, and Thailand. These countries offer huge potential for baby products like baby bottles, owing to their huge population, growing awareness, the increasing working women population, and improved education levels.
Key Baby Bottles Market Challenge
The benefits of breast milk are one of the factors limiting the baby bottles market growth. The awareness amongst women of the benefits associated with breastfeeding is growing rapidly across the globe. Doctors and healthcare practitioners are also encouraging new mothers to breastfeed their babies for one year after the child is born. It is witnessed that children who are breastfed for a year after birth are more resistant to various diseases and are more likely to stay healthy later in their life. The awareness activities to promote breastfeeding are also growing rapidly across the globe, especially in emerging economies. Such factors will limit the market growth in the near future.
This baby bottles market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global baby bottles market as a part of the global housewares and specialties market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the baby bottles market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the baby bottles market encompasses successful business strategies deployed by the key vendors. The baby bottles market is fragmented, and the vendors are deploying growth strategies such as technology, labor, and capital expenditure to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The baby bottles market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the baby bottles market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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41% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for the baby bottles market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Changing lifestyles will facilitate the baby bottles market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID-19 Impact and Recovery Analysis
The COVID-19 outbreak negatively impacted the regional market in 2020. However, the increasing local demand for baby bottles and the resumption of international trade are likely to drive the regional market's growth during the forecast period.
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The baby bottles market share growth in the plastic segment will be significant during the forecast period. For instance, Joovy Boob Baby Bottle PPSU is manufactured using advanced bottle venting technology called CleanFlow Vent, which prevents damage to the baby bottle such as nipple collapse and negative pressure and colic symptoms in infants. Therefore, such product offerings by vendors are expected to propel the growth of the plastic baby bottles market globally during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the baby bottles market size and actionable market insights on the post-COVID-19 impact on each segment.
Baby Bottles Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.86% |
Market growth 2022-2026 |
$965.64 million |
Market structure |
Fragmented |
YoY growth (%) |
5.51 |
Regional analysis |
APAC, Europe, North America, South America, and the Middle East and Africa |
Performing market contribution |
APAC at 41% |
Key consumer countries |
US, Mexico, China, India, and Brazil |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Babisil Products Co. Ltd., BABY BREZZA, Canpol Sp Zoo, Comotomo Inc., Evenflo Feeding Inc., Handi-Craft Co. Inc., Ideal Baby & Kids, Koninklijke Philips NV, MAM Babyartikel GesmbH, MAPA GmbH, Mayborn Group Ltd., Medela AG, Mothercare IN Ltd., Munchkin Inc., Nurnberg Gummi Babyartikel GmbH & Co. KG, Pigeon Corp., PopYum LLC, and Yoomi Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by Distribution Channel
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
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