The Latin America, Middle East and Africa Baby Bottle Warmer And Sterilizer Market would witness market growth of 7.1% CAGR during the forecast period (2021-2027).
Customers' purchasing choices are strongly influenced by the product's portability and the absence of a requirement for liquid disinfectants, especially at a time of the pandemic. Bottle warmers and sterilizers have mostly eliminated the need for manual heating, wipes, and water. Rising disposable income and rapid expansion of supermarkets and hypermarkets, medication and pharmaceutical outlets, and digital sites for e-tailing are anticipated to expand the product's scope.
Customers are more curious about the new trend of allowing smart connectivity in baby bottle warmers and sterilizers, where alerts can be notified for monitoring the baby bottle warmers from anywhere in the house. Industry players might anticipate attractive commercial opportunities as a result of this development.
Since 2000, Africa's birthrate has been continuously decreasing, and it is expected to continue to do so in the following years. The continent's birth rate is reducing due to factors such as improved economic circumstances, academic possibilities, lower poverty levels, and lower infant mortality. Despite this, Africa continues to have the highest birth rate across the world.
Women in Africa had a mean of 4.44 children during reproductive years between 2015 and 2020. Africa has been the only region to have a higher fertility rate than the global average of 2.47 babies per woman. As of 2020, the continent seemed to have the greatest adolescent fertility rate in the world, with Western and Central Africa setting the pace with 108 births per 1,000 in 15- to 19-year-old girls.
The Brazil market dominated the LAMEA 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 $3,752.2 Thousands by 2027. The Argentina market is exhibiting a CAGR of 7.7% during (2021 - 2027). Additionally, The UAE market would witness a CAGR of 6.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Baby Bottle Warmer and Sterilizer Market is Predict to reach $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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