Dublin, July 01, 2021 (GLOBE NEWSWIRE) — The “Child Feeding Bottles – International Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.
International Child Feeding Bottles Market to Attain $3.5 Billion by 2026
Amid the COVID-19 disaster, the worldwide marketplace for Child Feeding Bottles estimated at US$2.6 Billion within the 12 months 2020, is projected to succeed in a revised measurement of US$3.5 Billion by 2026, rising at a CAGR of 4.8% over the evaluation interval.
The worldwide child feeding bottles market is slated to garner a big momentum owing to the confluence of plenty of favorable components. The newborn feeding bottles market is estimated to be pushed by rising variety of working girls, rising acceptance of toddler formulation and busy life.
Plastic, one of many segments analyzed within the report, is projected to file a 4.3% CAGR and attain US$1.7 Billion by the top of the evaluation interval. After a radical evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the Silicone section is readjusted to a revised 4.5% CAGR for the subsequent 7-year interval.
The U.S. Market is Estimated at $448.3 Million in 2021, Whereas China is Forecast to Attain $595.1 Million by 2026
The Child Feeding Bottles market within the U.S. is estimated at US$448.3 Million within the 12 months 2021. China, the world`s second largest economic system, is forecast to succeed in a projected market measurement of US$595.1 Million by the 12 months 2026 trailing a CAGR of 6% over the evaluation interval. Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 2.8% and three.8% respectively over the evaluation interval. Inside Europe, Germany is forecast to develop at roughly 3.1% CAGR.
In these markets, rising acceptance of toddler formulation together with availability of various formulation milks by main manufacturers is poised to push market development. One other distinguished issue is constant transformation of the retail in addition to distribution infrastructure. The emergence of latest fashions like on-line platform, neighbourhood shops and brick-and-mortars shops is anticipated to extend shopper entry to those merchandise and foster consumption.
International demand for these bottles is fueled by rising product consciousness and proliferation of the Web. One other distinguished issue driving the market development is the explosive development displayed by the e-commerce trade. On-line platforms present an intensive line of child feeding bottles to draw mother and father. As well as, an rising variety of firms are investing within the on-line channel to broaden the client base and increase gross sales.
Glass Phase to Attain $615.4 Million by 2026
Components like distortion of bottles in freezers and well being considerations related to plastics are driving clients` desire for glass bottles. Within the international Glass section, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this section. These regional markets accounting for a mixed market measurement of US$247.2 Million within the 12 months 2020 will attain a projected measurement of US$343 Million by the shut of the evaluation interval.
China will stay among the many quickest rising on this cluster of regional markets. Led by nations akin to Australia, India, and South Korea, the market in Asia-Pacific is forecast to succeed in US$201.4 Million by the 12 months 2026, whereas Latin America will broaden at a 5.9% CAGR by means of the evaluation interval.
Key Matters Lined:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impression of Covid-19 and a Looming International Recession
- 2020 Marked as a 12 months of Disruption & Transformation
- COVID-19 Pandemic Dampens International Demand for Child Feeding Bottles
- International Child Feeding Bottles Market to Exhibit Regular Development
- Plastic Feeding Bottles Maintain Main Share, whereas Stainless Metal and Glass to Publish Quickest Development in International Child Feeding Bottles Market
- Asia-Pacific Leads the International Child Feeding Bottles Market
- Choose Common Child Feeding Bottles
- Philips Avent BPA-Free Pure Child Bottles
- Evenflo Feeding Stability+ Vast-Neck Glass Bottles
- Comotomo Silicone Child Bottles
- Munchkin Latch BPA-Free New child Child Bottles
- Nanobebe Child Bottles
- Playtex Child VentAire Child Bottles
- Dr. Brown’s Authentic Bottles
- Dr. Brown’s Choices+ Preemie Child Bottles
- PopYum Bottles
- Lansinoh Breastmilk Bottles with NaturalWave Nipple
- Tommee Tippee Nearer to Nature Fiesta Enjoyable Time Child Bottles
- Perry Mackin Silicone Vast-Neck Bottles
- thinkbaby All in One Bottles
- Yoomi Self-Warming Bottles
- WORLD BRANDS
- Current Market Exercise
2. FOCUS ON SELECT PLAYERS (Complete 46 Featured)
- Alpha Child Care Co., Ltd.
- Babisil Worldwide Ltd.
- Chemco Group
- Comotomo, Inc.
- Dolphin Child Product
- Handi-Craft Firm
- Koninklijke Philips N.V.
- Linco Child Merchandise Works Co., Ltd
- Mason Bottle
- Mayborn Group Restricted
- Munchkin, Inc.
- nanobebe US LTD.
- Narang Plastics Non-public Restricted
- Novatex GmbH
3. MARKET TRENDS & DRIVERS
- Growing International Inhabitants and Rise in Variety of New Births: Alternative Galore for Child Feeding Bottles
- Rising Ladies Workforce Drives Demand for Child Feeding Bottles
- Growing Uptake of System Milk Propels the Demand for Child Feeding Bottles
- Comfort & Security Stay Defining and Sought-After Elements of Child Feeding Bottles
- Improved Options & Higher Supplies Take Heart Stage
- BPA-Free Child Feeding Bottles Acquire Traction
- Revival in Demand for Glass Child Bottles
- Rising Father or mother Consciousness Bodes Nicely for the Child Feeding Bottles Market
- Premiumization Development Spurs Market Demand
- Product Launch & Innovation: Hallmark of International Child Feeding Bottles Market
- Rising Center Class Inhabitants in Rising Markets Provide Elevated Development Prospects
- Increasing City Inhabitants Spurs Market Development
- The Millennials Reaching Little one-Bearing Age Drive Wholesome Market Development
- Rising Recognition of On-line Retailing Lends Traction to Market Development
- Use of Social Media for Advertising Expands Market Attain
- Rising Consciousness about Advantages of Breastfeeding – A Market Restraint
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For extra details about this report go to https://www.researchandmarkets.com/r/e8e8nu