Published Date: 28-Feb-2022
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According to a new report Global Baby Powder Market, published by KBV research, The Global Baby Powder Market size is expected to reach $1.3 billion by 2027, rising at a market growth of 5.1% CAGR during the forecast period.
The Talc-free market acquired maximum revenue share in the Global Baby Powder Market by Product 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,030 million by 2027. The demand for talc-free baby powder is rapidly increasing due to the increase in demand for organic baby care products which do not have any side effects. Baby powders containing cornstarch are gaining popularity due to the presence of various natural ingredients. Also, some of the talc free baby powders are known to provide nutrients such as Vitamin B5 and C to the skin.
The Online market shows highest growth rate of 7.2% during (2021 - 2027). The baby powder is easily available at various online stores. Moreover, these online channels offer various brands and prices which enables the customers to choose the most appropriate one. Also, the rising trend of e-commerce activities would surge the demand for baby powder in the online segment. Region-wise, baby powder marked is analyzed in North America, Europe, Asia Pacific and LAMEA.
The Asia Pacific market is the fastest growing region in the Global Baby Powder Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $500.1 million by 2027. The Europe market is expected to witness a CAGR of 4.7% during (2021 - 2027). Additionally, The North America market is expected to witness a CAGR of 4.9% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/baby-powder-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 Beiersdorf AG, The Clorox Company, Prestige Consumer Healthcare, Inc., Church & Dwight Co., Inc., Johnson & Johnson, Pigeon Corporation (Lansinoh Laboratories), Nestle S.A. (Gerber Products Company), The Himalaya Drug Company (Himalaya Global Holdings Ltd.), Naterra International, Inc., and Artsana Group(Chicco).
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