The Asia Pacific Baby Bottle Warmer And Sterilizer Market would witness market growth of 4.8% CAGR during the forecast period (2021-2027).
There is an increase in the awareness among consumers about baby food safety and technological improvements. Manufactures are strongly focused on portfolio development through technological advancement to gain a dominant market position. Furthermore, factors such as growing expendable cash and reliance on infant bottle warmers and sterilizers as a consequence of busy lives are expected to improve product sales.
Due to the birth rate of newborns is increasing steadily, leading to a quick growth in the number of infants, bottle heaters have become essential items in daily life, as they improve the experience of new parents. Warming milk in a bottle warmer is convenient, mothers simply fill the bottle with milk and place it in the bottle warmer, people also have the option to create the defrosted baby formula in the bottle warmer.
The growing desire for online ordering of baby bottle warmers and sterilizers via e-commerce websites, would accelerate the growth of the regional market. . In the Asia Pacific region, nations such as China and India play a vital role in the evolution of the baby bottle business. Growing awareness of baby bottled products, as well as rising newborn populations in these nations are the key factors to propel this region.
According to the China-Children-Baby-Maternity-Expo (CBME), 66 percent of the enterprises evaluated in China claimed a 20 percent increase in sales income in the baby care business in 2018 compared to the previous year. Firms are continuously concentrating on the Asia Pacific region, as countries like China and India are expected to have high demand. The liberalization of China's one-child policy, which has been changed in 2016, is likely to benefit the market significantly. Due to the growing number of affluent parents who value quality above price, baby bottle consumption in the country is likely to rise in the future years.
The China market dominated the Asia Pacific Baby Bottle Warmer And Sterilizer Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $18,786.6 Thousands by 2027. The Japan market is anticipated to grow at a CAGR of 4.2% during (2021 - 2027). Additionally, The India market would display a CAGR of 5.5% during (2021 - 2027).
Based on Product, the market is segmented into Baby Bottle Warmers, Baby Bottle Sterilizers. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience and Drug Stores, Online and Specialty Stores. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Baby Bottle Warmer and Sterilizer Market is Projected to reach USD 206 Million by 2027, at a CAGR of 4.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., Pigeon Corporation (Lansinoh Laboratories), Summer Infant, Inc., Richell Corporation, Munchkin, Inc., Baby Brezza, Artsana Group, Handi-Craft Company, and Mayborn Group Limited.
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