NEW YORK, May 4, 2022 /PRNewswire/ -- The Baby Care Products Market Share in India is expected to increase by USD 26.35 billion from 2020 to 2025 with an accelerated CAGR of 11%, according to the recent market study by Technavio.
Segmentation by Product (In-Scope/Out-of-Scope)
The baby care products market share growth in India by the baby food segment will be significant during the forecast period. This segment includes both supplementary foods, such as fruit- and vegetable-based baby food, and infant formula. The demand for baby food is rising in India, owing to factors such as growing consumer awareness about the health benefits of consuming food products that have fewer pesticide residues. Growing parental concerns regarding the safety of food products consumed by children are further propelling the demand for nutritious baby food products.
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Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the Baby Care Products Market in India includes the following core components:
Highlights-
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Vendor Insights-
The baby care products market in India is fragmented and the vendors are deploying growth strategies such as building brands and brand equity to compete in the market.
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Learn More about Key Driver & Challenge of the Market-
The increased Internet penetration, easy access to smartphones, and the rise in the use of e-banking systems will aid the sales of baby care products through the online channel in India. Consumers prefer the convenience of online shopping instead of visiting physical stores, owing to their hectic lifestyles. As consumers slowly become comfortable with electronic cash, the use of mobile wallets is expected to grow in the future. The rise of online sales through mobile devices will act as a key market driver during the forecast period.
Demand for baby food products is directly correlated with the birth rate. Growth in the birth rate is expected to increase the demand for different types of baby food products. However, the birth rate in India has been significantly declining for the past few years, despite the decline in infant mortality rates. This declining birth rate is a result of many factors, which include fewer deaths in childhood, greater access to and use of contraception, and the increasing number of women joining the workforce. The rapid growth of urbanization, increasing awareness about family planning, and changing lifestyles are the major factors reducing fertility rates in the country.
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Baby Care Products Market in India Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11% |
Market growth 2021-2025 |
$ 26.35 billion |
Market structure |
Fragmented |
YoY growth (%) |
7.70 |
Regional analysis |
India |
Performing market contribution |
India at 100% |
Key consumer countries |
India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Bio Veda Action Research Co., Johnson & Johnson, Kimberly-Clark Corp., Me n Moms Pvt Ltd., Mothercare IN Ltd., Nestle SA, Pigeon Corp., The Himalaya Drug Co., The Procter & Gamble Co., and Unilever Group |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution channel
Customer landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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