The latest published report by Polaris Market Research The report “Breastfeeding Accessories Market Share, Size, Trends, Industry Analysis Report, By Product (Nipple Care Products, Breast Shells, Breast Pads, Baby Scales, Breastmilk Preparation & Cleaning Products, Breastmilk Storage & Feeding, Others); By Age Group (0-6 months, 7-12 months); By Distribution Channel (Online, Offline); By Regions; Segment Forecast, 2021 – 2028” the report covers an exhaustive list of market tables and figures, thus providing in-depth analytical data for segments across different regions.
Market Analysis:
The global breastfeeding accessories market was valued at USD 1.62 billion in 2020 and is expected to reach US$ 3.20 billion by 2028 to grow at a CAGR of 9.1% during the forecast period. [2021-2028] according to a new study by Polaris Market Research. Rising awareness pertaining to the advantages of breastfeeding is expected to drive the demand for breastfeeding accessories. The global market for breastfeeding accessories is also driven by increase in disposable income of the working mothers having less time due to busy schedules, dedicated lactating rooms at the working places, and positive campaigns by the government to promote health benefits to the child about breastfeeding.
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Segment Highlights
- The milk storage and feeding segment accounted for the largest revenue share in 2020 owing to the surge in milk banks and increasing awareness pertaining to breast milk storage. The segmented accounted for over 25% of the market share in 2020.
- Based on distribution channels, offline channels are projected to constitute almost half of the market in 2028. The market players have strong distribution model and robust associations with retailers and distributors.
- North America breastfeeding accessories industry accounted for over 50% of the market share in 2020. The sale of concerned product in the region is increasing due to social marketing and positive federal laws to promote breastfeeding at public places.
- Asia Pacific region is projected to exhibit highest growth in the global market for breastfeeding accessories. This can be attributed to the increasing population of working women across the developing economies of the region.
- Few of the major players operating in the market include Edgewell Personal Care, Newell Brands, Koninklijke Philips N.V., and Pigeon Corporation. The companies in the industry are adopting strategies such as mergers & acquisitions and regional expansion.
List of Key Players of Breastfeeding Accessories Industry
- Edgewell Personal Care
- Newell Brands
- Koninklijke Philips N.V.
- Pigeon Corporation
- Medela LLC
- Mayborn Group Limited
- Others
*Note: Additional companies can be included on request
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Table of Contents
Introduction
Executive Summary
Research Methodology
Breastfeeding Accessories Market Insights
Breastfeeding Accessories Market Assessment by Product
- Nipple Care Products
- Breast Shells
- Breast Pads
- Baby Scales
- Breastmilk Preparation & Cleaning Products
- Breastmilk Storage & Feeding
- Other Accessories
Breastfeeding Accessories Market Assessment by Age Group
- 0-6 months
- 7-12 months
Breastfeeding Accessories Market, by Distribution Channel
- Online Channels
- Offline Channels
Breastfeeding Accessories Market Assessment by Geography
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The report can be customized on the basis of regional analysis, segment analysis, industry outlook and competitive analysis. Some of the major focus points which are covered in the report include:
- Industry Trends, opportunity and challenges in the market
- Role of key players across the value chain
- End-User analysis to define the market strategy
- Competitive mapping
- Regional and country level breakdown
These insights are included in the report which would help you to have a realistic overview of the overall market including the competition, investment opportunities, restraints and challenges, regulatory factors which might affect the market growth. Moreover, the report would help to identify the regional market growth opportunities for different segments covered in the report.
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