New StrategyR Study Highlights $ 10.9 Billion Global Baby Toiletries Market by 2026
SAN FRANCISCO, October 1, 2021 / PRNewswire / – A new market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Baby toiletries – Global market trajectory and analysis”. The report presents new perspectives on the opportunities and challenges in a dramatically transformed post-COVID-19 market.
FACTS AT A GLANCE
Editing: 19; Posted: April 2021
Executive pool: 9432
Companies: 23 – Players covered include Artsana SpA; Beiersdorf SA; Beiersdorf SpA; Burt’s bees; Californian baby; Dabur India Ltd .; Top quality companies; Johnson & Johnson; Johnson & Johnson SpA; Kimberly-Clark Corp .; Laboratoires Expanscience SA; L’OrÃ©al SA; Me n Moms Pvt. Ltd. ; Naterra International, Inc .; NestleÂ© Deutschland AG; Noodle & Boo, LLC; Ontex SA Group; Procter & Gamble Company; Sebapharma GmbH & Co. KG; Sodalco srl; The Himalayan Pharmaceutical Company; Johnson & Johnson KK; Unicharm Company; Unilever; Wakodo Co., Ltd .; Weleda and others.
Blanket: All major geographies and key segments
Segments: Product type (baby shampoo, baby bath additives, baby wipes, baby soaps, toothpaste)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.
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Global Baby Toiletries Market to Reach $ 10.9 billion by 2026
Amid COVID-19 Crisis, Global Baby Toiletries Market Is Estimated At US $ 8.9 billion in 2020, is expected to reach a revised size of US $ 10.9 billion by 2026, with a CAGR of 3.4% over the analysis period. Baby Shampoo, one of the segments analyzed in the report, is expected to register a CAGR of 4.1% and reach US $ 5.3 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the baby bath additives segment is readjusted to a revised CAGR of 2.6% for the next 7 year period.
The US market is estimated at $ 2.5 billion in 2021, when China is expected to reach $ 2.2 billion by 2026
The market for baby toiletries in the United States is estimated at US $ 2.5 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 2.2 billion by 2026, with a CAGR of 6.3% over the analysis period. Other notable geographic markets include Japan and Canada, each forecasts growth of 0.9% and 2.6% respectively over the period of analysis. In Europe, Germany is expected to grow at around 1.7% CAGR.
Baby wipes segment to reach US $ 1.3 billion by 2026
In the global baby wipes segment, United States, Canada, Japan, China and Europe will lead to the estimated 3% CAGR for this segment. These regional markets representing a combined market size of US $ 798.6 million in 2020 will reach a projected size of US $ 979 million before the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Following
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SOURCE Global Industry Analysts, Inc.