LONDON, Dec. 17, 2015 /PRNewswire/ -- Market outlook of the baby powder market
Technavios market research analyst projects the baby powder market to reach around USD 659 million by the end of 2019. The growing awareness amongst consumers towards baby hygiene and baby care products have been contributing towards the growth of this market. APAC and Latin America account for the largest infant population globally. This market research report anticipates these regions to represent a high-potential, untapped market for baby care products during the forecast period.
The health risks associated with baby powder is expected to deter the growth of the market during the forecast period. Usage of talcum powders could cause respiratory problems such as Talcosis in infants. Studies suggest that the inhalation of talcum powder could also cause pneumonia and asthma in extremely sensitive babies. For instance, during 2013, Johnson and Johnson's India plant license was revoked, by the Maharashtra FDA. The due to the usage of ethylene oxide, a substance used for the production of industrial chemicals, in the sterilization process of their baby powder product
Competitive landscape and key vendors
The global baby powder market is dominated by international vendors such as Chicco, Johnson & Johnson, and Pigeon. The competitive environment in this market is expected to intensify with an increase in product/service extensions. International players are expected to grow inorganically during the forecast period by acquiring regional or local players.
The key vendors in the market are
Johnson & Johnson
Other vendors in the market include Anti-Monkey Butt, ASDA, Bathtime Kids, Caldesene, Curash Baby Care, Gaia, Gerber, Gentelle, Himalaya, Morissons', Simple, and Superdrug.
Geographical segmentation and analysis of the baby powder market
APAC was the dominant region during 2014 with the largest share of around 35% in the global baby powder market. The report predicts this region to maintain its leadership in the market until the end of 2019. A large number of infant population present in the region and a growing awareness about hygiene amongst many developing economies are the primary drivers of this regions growth.
Key questions answered in the report include
What will the market size and the growth rate be in 2019
What are the key factors driving the global baby powder market
What are the key market trends impacting the growth of the baby powder market
What are the challenges to market growth
Who are the key vendors in the baby powder market
What are the market opportunities and threats faced by the vendors in the global baby powder market
Trending factors influencing the market shares of APAC, Europe, Latin America, North America, and MEA
What are the key outcomes of the five forces analysis of the global baby powder market
Technavio also offers customization on reports based on specific client requirement.
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