Published Date: 21-Apr-2021
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According to a new report Global Baby Pacifier Market, published by KBV research, The Global Baby Pacifier Market size is expected to reach $581.8 Million by 2026, rising at a market growth of 8.8% CAGR during the forecast period.
The Single-piece market dominated the Global Baby Pacifier Market by Type in 2019, growing at a CAGR of 8.6 % during the forecast period. The Multiple-piece market is showcasing a CAGR of 9.1% during (2020 - 2026).
The Small market dominated the Global Baby Pacifier Market by Size in 2019, growing at a CAGR of 8.4 % during the forecast period. The Medium market is estimated to grow at a CAGR of 8.5% during (2020 - 2026). Additionally, The Large market is experiencing highest CAGR of 10.1% during (2020 - 2026).
Asia Pacific is the leading region of the global baby pacifier market with respect to value sales. There is increasing utilization of baby pacifiers in countries like Japan, India, and China, which are boosting the regional growth of the market. Moreover, the single-piece baby pacifier market segment is becoming highly popular among customers owing to the easy availability of the product along with their affordable prices. The presence of leading brands in the Asia-Pacific region with an affordable price will propel the growth of the regional market. The Europe market is exhibiting a CAGR of 8.4% during (2020 - 2026). Additionally, The North America market is expected to witness a CAGR of 7.5% during (2020 - 2026).
Full Report: https://www.kbvresearch.com/baby-pacifier-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Koninklijke Philips N.V., Newell Brands, Inc., Baby Shusher, LLC, Doddle & Co. LLC, MAM Babyartikel GmbH, The Natural Baby Company, Natursutten ApS, The White Company (Bectin Corporation), Trebco Specialty Products, Inc. (WubbaNub), and Mayborn Group Limited.
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