Baby Personal Care Products Market ist

Rupesh
Rupesh 8/16/2022 9:29:16 PM

Baby Personal Care Products Market is predicted to show moderate growth signs
with a CAGR
of 6.5% through the year 2022-2032

 

The global baby personal care products market is
predicted to show moderate growth signs with a CAGR of 6.5% during
the forecast period.

According to a Future Markets Insights analysis, the growing
demand for baby personal care products is here to stay despite the
COVID-19 pandemic’s effects on the world economy (FMI). Along with the
increased concern about baby skin care routines, recent launches in the luxury
product category and personalisation based on demographics are anticipated to
be the primary market drivers. In a recent analysis released by FMI, it was
predicted that the market for infant personal care products would expand at a
CAGR of 6.5 percent from 2022 to 2032, reaching a market value of 89 billion
(US) dollars by the end of the forecasted year.

Market for baby personal care products always had a
conventional customer base for personal hygiene products like diapers. However,
a spike in the demand for premium products like wipes and training pants is
witnessed, especially in the developing countries. This new trend has opened up
a wide range of market penetration opportunities and potential for innovations
in the segment for the manufacturers.

Although skin care products enjoy the number one position in
the baby personal care products market, other categories like oral hygiene and
hair care products are gaining popularity.

In addition to this, increase in market potential and
opportunities due to these trends is getting a huge push by the growing demand
for organic and natural products. Thus giving a whole new area for manufacturers
to explore and find niche.

FMI’s report provides a comprehensive overview of the
market, covering important market dynamics.

Key takeaways from the report:


  • Market
    players are focusing on bringing innovative products, keeping in mind the
    demands of the consumer

  • Focus
    on products with ingredients that are natural and non-toxic is going to be
    the future of the baby personal care products industry

  • Online
    sales channels are seeing an upper hand over conventional stores, owing to
    the restrictions put forth by the pandemic

  • Skincare
    is gaining prominence, while personal hygiene products account for a
    sizeable share

  • Europe
    is going to be the largest market for premium products throughout the
    forecasted period

  • Developing
    countries are emerging as the potential market for baby personal care
    products

Steady Growth Expected Despite COVID-19

As the world came to a standstill with lockdowns imposed by
the governments across the world, the impact on the market of baby personal
care products was significant. Retail channels being one of the worst hit due
to shortage of labor and transport restrictions, major reliance on E- commerce
was the only way to move ahead.

The lockdown has forced industries and online service
providing platforms to join hands in order to cater to the customers. In a way,
e – commerce has come to the rescue by redefining commercial activities
globally.

Meanwhile the segment of population that was not open to
online shopping has also shown its willingness to adapt during these turbulent
times.

The lack of transport facilities in the beginning of the
lockdown have left a dent in the baby personal care products market. However,
experts believe that market is going to recover soon with restrictions being
lifted by governments in phases across the world.

“As the industry recovers from the effects of pandemic on
its business, focus on premium products and bringing in new range of organic
and 100 % natural products will shape the market in a positive way in the near
future” quotes a lead analyst at FMI.

Who is winning?

Some of the market players featured in the baby personal
care products report are Me n Moms Pvt. Ltd., Klee Naturals, Tubby Todd Bath
Co., Hindustan Unilever Limited, Johnson & Johnson, L’Oreal, Kimberly
Clark, Colgate-Palmolive, Beiersdorf AG, Shiseido, Ontex Group, Biotique,
Himalaya Global Holdings Ltd., Weleda Inc., The Clorox Company (Burt’s Bees),
Babylist Inc. (Earth Mama Organics), among others.

Product launches will remain a key strategy adopted by
market players to gain competitive advantage. The baby personal care products
industry holds immense potential globally. Companies are introducing products
which satisfy the kids as well as the adults. The reason being, products that
are healthy and safe top the list for adults and products that are fun and
attractive appeal to the kids.

For instance, Tree –Free baby wipes by Caboo are made from
bamboo spun lace and are rich in vitamin E, chamomile flower and aloe Vera
leaf. While this gives the baby a soothing touch, it also gives the adults
satisfaction to adults of doing their tiny bit for the planet.

 

To know more:

https://www.futuremarketinsights.com/reports/baby-personal-care-products-market

 

















































 

Rupesh
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Rupesh

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