Published on : Apr 25, 2018
Albany, New York, April 25, 2018: Babies are very sensitive and therefore, they need to be well taken care of. This also applies to the products they are given, from baby sterilizers to bottles and baby feeding bottles. When it comes to feeding, breastfeeding is mostly preferred by parents and recommended by many doctors, but infant formula has to be fed through bottles, which consequently driving the growth of the baby feeding bottles market. Market Research Hub (MRH) has publicized a study titled “Baby Feeding Bottles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025” to its vast repository, which offers a comprehensive analysis of the current market trends and future estimations in the market. Moreover, the report covers market dynamics including drivers, restraints opportunities, and trends expected to influence the global baby feeding bottles market growth during the said period.
Key Insights and Growth Overview
Presently, products with extra features and which offer finest safety to babies are becoming increasingly important for manufacturers to cater to consumer demand, and drive the growth of the baby feeding bottles market. As per the study evaluations, in 2017, global revenue produced from baby feeding bottles market was around US$ 2,469.9 Mn, which is expected to increase at a CAGR of 4.7% over the forecast period. In addition, global baby feeding bottles market is expected to be valued at US$ 3,556.4 Mn by the end of 2025.
In the initial section, the study begins with a brief market overview of baby feeding bottles. Also, the report comprises the study of current issues with consumers and prospects for baby feeding bottles. It has been analyzed that manufacturers are increasingly focusing on offering innovative products which make bottle feeding an enjoyable and easy experience.
In order to provide a comprehensive view, the research has been segmented on the basis of material, capacity, sales channel and region. Region-wise, APAC is expected to gain significant market share in revenue terms by 2025 end. This trend is attributed to the consumer necessity of feeding bottles as baby population is swelling rapidly in this region, finds the study. By material, the global baby feeding bottles market is segmented as plastic, silicon, glass and stainless steel. By capacity the market is segmented as Up to 4 Oz, 4.1 to 6 Oz, 6.1 to 9 Oz and > than 9 Oz. The report adds that among all the segments, plastic segment is estimated to account for 63.6% of market share worldwide.
Later, the competitive landscape offered in the report is a valuable resource for readers, as it helps in gauging the complete competitive scenario in the market. Some of the major companies functioning in the global baby feeding bottles market include Handi-Craft Company, Linyi Shansong Biological, Philips AVENT, Artsana USA Inc., Novatex North America, Wuxi New Swiss Baby Products Co., Ltd., Mayborn Group, Munchkin Inc., Tupperware, BABISIL, Pigeon India Pvt. Ltd, Alpha Baby Care Co., Ltd., Bonny Baby Care Pvt. Limited, Narang Plastics, Chemco Group, Linco Baby Merchandise Work's Co., Ltd., Farlin and Vital Baby.
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