According to a new report, published by KBV research, The Global Baby Care Products Market size is expected to reach $46.9 billion by 2028, rising at a market growth of 4.4% CAGR during the forecast period.
The High segment acquired maximum revenue share in the Global Baby Care Products Market by Price Point in 2021 thereby, achieving a market value of $18.9 billion by 2028. The growth in this segment can be attributed to the growth in spendable income, owing to which people can afford baby care products at high prices. In addition to this demand for high-priced baby care products is increasing as people consider that the high-priced products are comparatively safer and reliable.
The Drug Stores/Pharmacy segment is showcasing a CAGR of 2.4% during (2022 - 2028). Due to the simplicity of purchase, vast network, and availability of the same products frequently, some clients decide to acquire baby products from these shops. In addition to this, these shops profit from the appeal of the goods including natural, organic, and herbal products.
The Baby Hair Care segment is leading the Global Baby Care Products Market by Product in 2021 thereby, achieving a market value of $17.9 billion by 2028. The increase in the percentage of working women in these countries is mostly responsible. Several variables, including an increase in disposable income, the introduction of new products, and increased urbanization, are anticipated to have an impact on sales volume during the forecast period.
The Asia Pacific market dominated the Global Baby Care Products Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $17.4 billion by 2028.The Europe market is exhibiting a CAGR of 4% during (2022 - 2028). Additionally, The North America market would display a CAGR of 3.8% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/baby-care-products-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 Unilever PLC, Beiersdorf AG, Johnson & Johnson, The Procter and Gamble Company, Kimberly-Clark Corporation, Sebapharma GmbH & Co. KG, California Baby, The Himalaya Drug Company (Himalaya Global Holdings Ltd.), and Honasa Consumer Private Limited.
By Price Point
By Distribution Channel
By Product
By Geography
Companies Profiled
Unique Offerings 
