The global Baby Feeding Bottles market was valued at 2.8 billion USD in the year 2019 that is expected to reach 4.2 billion USD by the end of 2026 with a compound annual growth rate of 5.10% during the outlook period of 2020 to 2026.
One of the major driving factors that help the growth of the global Baby Feeding Bottles market is rapid urbanization. The rise in disposable income of consumers is another driving factor for the increase in the revenue rate of the market.
Another crucial driving factor to the growth of the Baby Feeding Bottles business is the increasing investments by the companies for the new technological advancements to attract the customers. The rising popularity of glass baby bottles and the rising number of working women are some of the prominent elements in the global Baby Feeding Bottles market. The increasing emergence of BPA free baby bottles is another major growth factor of the international market.
Stringent regulations from the government authorities for the usage of bottles since it is made out of polycarbonate that contains a harmful chemical called Bisphenol A is one of the major restraints affecting the growth of the market for Baby Feeding Bottles.
Another major limitation to the growth of the Baby Feeding bottles market was the mistrust of the customers about the material. The complexity associated with the distortion when kept in freezers and rising awareness about the benefits of breast milk are some of the major challenges to the expansion of the Baby Feeding Bottles business.
Recent Market Developments:-
In the month of October 2018, Dr. Browns corporation has acquired Infant-Driven feeding, LLC to improve the oral feeding for sick infants by educating the neonatal professionals in the complexities of oral feeding practice and culture.
In the month of November 2015, Piramal Enterprises announced its acquisition with Little’s corporation to strengthen its position in the market and also to expand its portfolio.
The global Baby Feeding Bottles market is segmented on the basis of material, on the basis capacity, on the basis of the distribution channel, and on the basis of geography.
On the basis of material, the market of baby feeding bottles is segmented into silicon, glass, stainless steel, plastic, and others. Among these segments, plastic holds the major share of the market attributed to the factor that plastic bottles are easily available at affordable prices.
On the basis of capacity, the baby feeding bottles market is divided as up to 4 Oz, 4.1 to 6 Oz, 6.1 to 9 and > 9 Oz.
On the basis of the distribution channels, the global Baby Feeding Bottles market is separated as convenience stores, specialty stores, hypermarkets and supermarkets, pharmacy & drug stores, online retailing, and others. Among these, the hypermarkets and supermarkets segment holds the dominant share of the market as most of the baby care products are easily available in such stores at affordable rates.
The global Baby Feeding Bottles market is elaborated in various regions all around the world such as North America (US, Mexico, Canada and rest of North America), Europe (Germany, Spain, Italy, UK, France and rest of Europe), Asia Pacific (India, Japan, China, Australia and rest of Asia Pacific), Latin America and Middle East and Africa.
Asia Pacific region holds the major share of the market with increase in the disposable income and surge in demand for different types of baby feeding bottles in this area.
North America region holds the second largest share of the market of Baby Feeding Bottles owing to the rising popularity of glass baby bottles and rising number of working women especially in the emerging economies such as United States, Mexico, and Canada.
Europe region is also expected to increase in the market of baby feeding bottles with the hike in investments by the companies in this locale.
Key market players:-
Some of the key players of the global Baby Feeding Bottles market are Chemco Group, Linco Baby Merchandise Work's Co., Ltd., Farlin, Linyi Shansong Biological, Mayborn Group, Handi-Craft Company, Munchkin Inc., Alpha Baby Care Co., Ltd., Paul Manufacturing Company, Philips AVENT, Artsana USA Inc., Novatex North America, Tupperware, BABISIL, Pigeon India Pvt. Ltd, Narula Overseas Industries Pvt. Ltd., Bonny Baby Care Pvt. Limited, Wuxi New Swiss Baby Products Co., Ltd., Narang Plastics and Vital Baby.
Covid-19 impact on Baby Feeding Bottles market:-
Coronavirus has impacted the global industries by directly affecting production and demand, by creating supply chain and market disruption, and by financial impact on firms. Due to the COVID-19, industries have halted their operations across the prominent end-use industries of conformal coatings, including automotive, aerospace, and electronics. In addition, the demand for the baby feeding bottles has gradually decreased.
Stringent regulations from the government authorities for the usage of bottles since it is made out of polycarbonate are impeding the growth of the market of baby feeding bottles business revenue rate.
Since the lockdown has lifted in so many companies with some strict regulations by the government authorities and gave permissions to all the industries to restart their manufacturing units.
As per the analysis, the market of Baby Feeding Bottles is expected to increase with a considerable revenue rate in the first quarter of 2021 with all the industries back to their operations that turn going to increase the revenue rate of the Baby Feeding Bottles business.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Baby Feeding Bottles Market, By Material
6.1.4 Stainless Steel
6.1.5 Market Size Estimations & Forecasts (2019-2024)
6.1.6 Y-o-Y Growth Rate Analysis
6.1.7 Market Attractiveness Index
6.2 Baby Feeding Bottles Market, By Capacity
6.2.1 Up to 4 Oz
6.2.2 4.1 to 6 Oz
6.2.3 6.1 to 9 Oz
6.2.4 > 9 Oz
6.2.5 Market Size Estimations & Forecasts (2019-2024)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Baby Feeding Bottles Market, By Distribution Channel
6.3.1 Hypermarkets and Supermarkets
6.3.2 Convenience Stores
6.3.3 Speciality Stores
6.3.4 Pharmacy & Drug Stores
6.3.5 Online Retailing
6.3.6 Market Size Estimations & Forecasts (2019-2024)
6.3.7 Y-o-Y Growth Rate Analysis
6.3.8 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Material
7.2.3 By Capacity
7.2.4 By Distribution Channel
7.3.1 By Country
18.104.22.168 Rest of Europe
7.3.2 By Material
7.3.3 By Capacity
7.3.4 By Distribution Channel
7.4 Asia Pacific
7.4.1 By Country
22.214.171.124 South Korea
126.96.36.199 South East Asia
188.8.131.52 Australia & NZ
184.108.40.206 Rest of Asia-Pacific
7.4.2 By Material
7.4.3 By Capacity
7.4.4 By Distribution Channel
7.5 Latin America
7.5.1 By Country
220.127.116.11 Rest of Latin America
7.5.2 By Material
7.5.3 By Capacity
7.5.4 By Distribution Channel
7.6 Middle East and Africa
7.6.1 By Country
18.104.22.168 Middle East
7.6.2 By Material
7.6.3 By Capacity
7.6.4 By Distribution Channel
8. Key Player Analysis
8.1 Chemco Group
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.3 Linyi Shansong Biological
8.4 Mayborn Group
8.5 Munchkin Inc
8.7 Pigeon India Pvt. Ltd
8.8 Philips AVENT
8.9 Alpha Baby Care Co., Ltd
8.10 Paul Manufacturing Company
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures