San Francisco,11
October 2018: The global breastfeeding
accessories market size is expected to reach USD 2.4
billion by 2025, according to a new report by Grand View Research, Inc. The
market is estimated to register a CAGR of 7.9% during the forecast period.
Improving healthcare infrastructure in emerging economies and increasing number
of milk banks are key factors driving the market. Moreover, growing awareness
about the advanced breastfeeding accessories along with increasing number of
working women in developing regions would boost the market demand.
As per the statistics provided by WHO,
infant mortality has declined to a great extent, which would also fuel product
demand. In addition, according to a report published by the U.S. CDC, infant
mortality in U.S. declined by 15.0%. Thus, demand for breastfeeding accessories
is expected to grow over the forecast period. The breastfeeding accessories
market is comparatively mature in developed economies, such as U.S., Germany,
France, and Australia, owing to presence of key companies in these countries
and high demand for such products.
On the other hand, developing Asian and
Latin American countries currently have a moderate adoption rate of these
products due to lack of awareness. Economic growth and rising disposable income
levels in these countries are anticipated to drive the market. Manufacturing
companies are investing in such developing regions to expand their presence.
This is also expected to augment market demand.
Access
Research Report of Breastfeeding
Accessories Market @ www.grandviewresearch.com/industry-analysis/breastfeeding-accessories-market
Further key findings from the study suggest:
· Nipple care products are projected to
witness a remarkable CAGR of 8.9% over the forecast years owing to high
adoption of nipple shields, especially in U.S.
· Asia Pacific region is estimated to witness
the highest CAGR of 10.7% during the estimated period due to increased adoption
of pumping technology, rising disposable income levels, and increased number of
working women
· North America commanded over 53.0% share of
the global breastfeeding accessories market in 2016 owing to sophisticated
healthcare infrastructure and higher product awareness among consumers
· Some of the key companies in the global
market are Koninklijke Philips N.V., Medela LLC, Newell Brands, Ameda, Pigeon
Corporation, Nuby, Mayborn Group Limited, Artsana S.p.A., Edgewell Personal
Care, and Handi-Craft Company (Dr. Brown’s).
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
global breastfeeding accessories market on the basis of product and region:
Breastfeeding Accessories Product
Outlook (Volume, Units Sold; Revenue, USD Million, 2014 - 2025)
·
Nipple Care Products
·
Breast Shells
·
Breast Pads
·
Baby Scales
·
Breastmilk Preparation & Cleaning
Products
·
Breastmilk Storage & Feeding
·
Other Accessories
Breastfeeding Accessories Regional Outlook
(Volume, Units Sold; Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Breastfeeding Accessories Market@ www.grandviewresearch.com/press-release/global-breastfeeding-accessories-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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