유아용품 시장 규모 : 제품별, 지역별(2024-2031년)

Baby Product Market Valuation - 2024-2031

The widespread demand for baby products has grown significantly in recent years, driven by increasing parental concerns for child health and safety. Baby products, including diapers, feeding bottles, strollers, and baby skincare products, are highly valued for their quality, ensuring comfort, safety, and development for infants. Thus, the increasing demand has surged the market size, surpassing USD 48.7 Billion in 2024 to reach a valuation of USD 69.09 Billion by 2031.

The baby product market's growth is also fueled by rising awareness of baby hygiene and nutrition. The adoption of premium products offering advanced safety and organic ingredients further boosts the market. Thus, this trend is enabling the market to grow at a steady CAGR of 4.47% from 2024 to 2031.

Baby Product Market: Definition/Overview

The baby products encompass a wide range of goods specifically designed for infants and toddlers, including diapers, baby wipes, feeding bottles, strollers, toys, clothing, and baby skincare products. These products are primarily used for babies' care, hygiene, nourishment, and safety, ensuring their well-being and development during the early stages of life.

These products are used by parents, caregivers, and healthcare providers to meet the essential needs of babies, from feeding and bathing to mobility and comfort. Baby products are designed to cater to the sensitive nature of infants' skin, health, and development, ensuring they are safe, hypoallergenic, and free from harmful chemicals. The baby product is driven by the need to provide proper care and comfort to newborns and infants. Parents use these products to ensure the health and safety of their children, making baby care products essential for their day-to-day lives. The increasing awareness of child health and hygiene is a major reason for the growing demand in this market.

What are the Key Factors Driving the Growth of the Baby Product Market, and how are they Influencing Consumer Purchasing Behavior?

The increasing awareness of infant health and safety. As parents become more informed about the importance of quality products, they are more inclined to invest in premium and organic baby products, such as skincare, diapers, and formula, that prioritize the safety and well-being of their children.

The major factor is the rising disposable income, particularly in developing economies, allowing parents to spend more on high-end and innovative baby products. This trend is further amplified by the growing number of working parents who seek convenience in baby care products, such as easy-to-use feeding bottles, travel-friendly strollers, and digital baby monitors, to help manage their busy lifestyles. Technological advancements in baby products, like smart cribs and wearable baby monitors, are also gaining traction, appealing to tech-savvy parents who prefer modern solutions for monitoring their child's development. The e-commerce boom has made a wide range of baby products more accessible, allowing parents to conveniently shop for items online with comparative pricing and reviews.

Environmental sustainability is also influencing consumer behavior, as more parents are choosing eco-friendly and biodegradable baby products. Brands that emphasize sustainability, ethical production, and safety standards are seeing increased loyalty and trust from consumers. Factors like health awareness, rising income levels, technological innovations, and sustainability are driving the growth of the baby product market, shaping the preferences and behaviors of modern consumers.

How are Increasing Regulatory Standards and Competition Impacting the Growth and Innovation in the Baby Product Market?

Stringent regulations, particularly concerning product safety, quality, and environmental sustainability, are becoming more prevalent as governments and organizations prioritize child safety and health. Compliance with these standards requires manufacturers to invest in rigorous testing, quality control, and sustainable practices, which can increase production costs. These regulations also drive innovation, as companies explore safer, eco-friendly materials and processes to meet these requirements, giving them a competitive edge in the market.

The baby product market is crowded with both established brands and new entrants. Companies must constantly innovate to differentiate themselves through product design, functionality, and branding. Consumers, particularly millennial parents, are increasingly informed and selective, seeking products that offer not only safety and quality but also convenience, technology integration, and sustainability. This rising demand for premium, organic, and eco-friendly products intensifies competition and pressures companies to evolve.

The manufacturers are focusing on innovation, leveraging digital technologies such as smart baby monitors and connected devices, and enhancing their product offerings to meet consumer expectations.

Category-Wise Acumens

How is the Increasing Demand for Eco-Friendly Products Impacting the Baby Safety and Convenience Segment in the Baby Product Market?

The baby safety and convenience segment stands out as a dominant area in the baby product market, reflecting the increasing consumer demand for eco-friendly and sustainable options. The increasing demand for eco-friendly products is significantly impacting the Baby Safety and Convenience segment in the baby product market. Parents today are more environmentally conscious and are seeking products that are not only safe for their children but also have minimal environmental impact. This trend is driving the growth of eco-friendly baby safety products, such as biodegradable diapers, organic baby wipes, and non-toxic baby furniture. Manufacturers are responding to this shift by developing products made from sustainable materials, free from harmful chemicals, and designed to be reusable or recyclable.

Eco-friendly baby safety products often use organic cotton, bamboo, and other sustainable materials that offer safety without compromising on quality. These products also appeal to parents who are concerned about the long-term environmental impact of their purchasing choices. The companies in the baby product market are investing in research and development to create innovative solutions that meet both safety standards and environmental sustainability.

Country/Region-wise Acumens

How do Consumer Preferences and Trends in North America Shape the Development and Innovation of Baby Products In the Region?

North America significantly dominates the baby product and it is expected to maintain throughout the forecast period driven by the United States, the largest economy in North America, which generates the majority of the market's revenue. The U.S. Consumer Product Safety Commission reported in 2023 that infant and toddler product recalls decreased by 25% over the previous five years, attributed to improved safety standards and increased manufacturer compliance. A report by the U.S. Department of Agriculture in 2022 estimated that middle-income married couples spent an average of $15,380 annually per child, with a significant portion allocated to baby products in the first year. One of the primary trends driving this market is the increasing demand for safety and convenience. Parents in North America are prioritizing products that ensure their baby's safety and offer ease of use. This trend is leading manufacturers to focus on integrating advanced safety features and user-friendly designs into their products.

The key factor is the growing awareness of health and sustainability. Consumers are increasingly seeking baby products made from natural, organic, and eco-friendly materials. This shift is prompting companies to innovate by developing products that are not only safe for babies but also environmentally responsible. The rise of digital technology is impacting the market as well. Smart baby products, such as monitoring devices and connected baby gear, are gaining popularity due to their convenience and the ability to provide real-time updates to parents.

How is the Growing E-Commerce Sector in the Asia Pacific Region Impacting the Distribution And Sales of Baby Products?

The Asia-Pacific region is anticipated to experience the fastest growth in the baby product market during the forecast period, driven by the rapid expansion of e-commerce in the region as one of the primary contributors. As digital platforms become increasingly popular, consumers are turning to online shopping for convenience, variety, and competitive pricing. This shift is particularly notable in the baby products market, where e-commerce platforms offer a wide range of products, from safety gear and cosmetics to food and toiletries, making it easier for parents to find what they need.

E-commerce allows for direct-to-consumer sales, bypassing traditional retail intermediaries and enabling manufacturers and brands to reach a larger audience. This expanded reach is crucial in the diverse and rapidly developing markets of Asia Pacific, where geographic and infrastructural challenges hinder traditional retail distribution. Online platforms also provide valuable consumer insights through data analytics, helping brands tailor their offerings to local preferences and needs.

The rise of e-commerce in the Asia Pacific is reshaping the baby products market by increasing accessibility, enhancing consumer choice, and driving innovation in product offerings and sales strategies. This trend is expected to continue growing as internet penetration and digital payment systems advance in the region.

Competitive Landscape

The competitive landscape of the Baby Product Market is dynamic and constantly evolving. New players are entering the market, and existing players are investing in research and development to maintain their competitive edge. The market is characterized by intense competition, rapid technological advancements, and a growing demand for innovative and efficient solutions.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the baby product market include:

• Unilever PLC
• Procter & Gamble Company
• Beiersdorf Group
• Nestle S.A.
• Kimberly-Clark Corporation
• Johnson & Johnson PLC
• Dabur International Ltd
• Asda Group Ltd
• Walgreens Boots Alliance
• About Nutrition
• Baby Product Latest Developments:
• In October 2022, Nature's One added an organic infant formula to its Baby's Only Formula range, marking it as the first of its kind. The Baby's Only Organic Premium Infant Formula was specially formulated to meet all FDA nutrient requirements, ensuring it fulfilled the nutritional needs of infants from birth as a complete source of nourishment or as a supplement alongside breastfeeding.
• In July 2022, Danone, a French multinational food-products corporation based in Paris, launched a new baby formula called "Aptamil," which was a blend of dairy and plant-based ingredients.
• In April 2022, Gerber, a brand of Nestle, launched its first plant-based baby food line called "Plant-Tastic." The line featured a full range of organic plant-based toddler foods, from pouches to snacks to bowls. The products were created using nutrient-dense beans, whole grains, and vegetables to provide an adequate source of plant protein.
• In September 2021, Johnson & Johnson announced the launch of its new range of 'Cottontouch' baby care products, including lotion, oil, wash, and cream, in response to increased demand in the Indian market. The company planned to sell these products through multiple channels, including stores and multi-brand e-commerce platforms such as Flipkart, Nykaa, Amazon India, BigBasket, and FirstCry, among others.

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL BABY PRODUCT MARKET

• 1.1 Overview of the Market
• 1.2 Scope of Report
• 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 3.1 Data Mining
• 3.2 Validation
• 3.3 Primary Interviews
• 3.4 List of Data Sources

4 GLOBAL BABY PRODUCT MARKET OUTLOOK

• 4.1 Overview
• 4.2 Market Dynamics
  • 4.2.1 Drivers
  • 4.2.2 Restraints
  • 4.2.3 Opportunities
• 4.3 Porters Five Force Model
• 4.4 Value Chain Analysis

5 GLOBAL BABY PRODUCT MARKET, BY PRODUCT

• 5.1 Overview
• 5.2 Baby Safety and Convenience
• 5.3 Baby Food
• 5.4 Cosmetic and Toiletries

6 GLOBAL BABY PRODUCT MARKET, BY GEOGRAPHY

• 6.1 Overview
• 6.2 North America
  • 6.2.1 U.S.
  • 6.2.2 Canada
  • 6.2.3 Mexico
• 6.3 Europe
  • 6.3.1 Germany
  • 6.3.2 U.K.
  • 6.3.3 France
  • 6.3.4 Rest of Europe
• 6.4 Asia Pacific
  • 6.4.1 China
  • 6.4.2 Japan
  • 6.4.3 India
  • 6.4.4 Rest of Asia Pacific
• 6.5 Rest of the World
  • 6.5.1 Latin America
  • 6.5.2 Middle East and Africa

7 GLOBAL BABY PRODUCT MARKET COMPETITIVE LANDSCAPE

• 7.1 Overview
• 7.2 Company Market Ranking
• 7.3 Key Development Strategies

8 COMPANY PROFILES

• 8.1 Unilever PLC
  • 8.1.1 Overview
  • 8.1.2 Financial Performance
  • 8.1.3 Product Outlook
  • 8.1.4 Key Developments
• 8.2 Procter & Gamble Company
  • 8.2.1 Overview
  • 8.2.2 Financial Performance
  • 8.2.3 Product Outlook
  • 8.2.4 Key Developments
• 8.3 Beiersdorf Group
  • 8.3.1 Overview
  • 8.3.2 Financial Performance
  • 8.3.3 Product Outlook
  • 8.3.4 Key Developments
• 8.4 Nestle S.A.
  • 8.4.1 Overview
  • 8.4.2 Financial Performance
  • 8.4.3 Product Outlook
  • 8.4.4 Key Developments
• 8.5 Kimberly-Clark Corporation
  • 8.5.1 Overview
  • 8.5.2 Financial Performance
  • 8.5.3 Product Outlook
  • 8.5.4 Key Developments
• 8.6 Johnson & Johnson PLC
  • 8.6.1 Overview
  • 8.6.2 Financial Performance
  • 8.6.3 Product Outlook
  • 8.6.4 Key Developments
• 8.7 Dabur International Ltd
  • 8.7.1 Overview
  • 8.7.2 Financial Performance
  • 8.7.3 Product Outlook
  • 8.7.4 Key Developments
• 8.8 Asda Group Ltd
  • 8.8.1 Overview
  • 8.8.2 Financial Performance
  • 8.8.3 Product Outlook
  • 8.8.4 Key Developments
• 8.9 Walgreens Boots Alliance
  • 8.9.1 Overview
  • 8.9.2 Financial Performance
  • 8.9.3 Product Outlook
  • 8.9.4 Key Developments
• 8.10 Abbott Nutrition
  • 8.10.1 Overview
  • 8.10.2 Financial Performance
  • 8.10.3 Product Outlook
  • 8.10.4 Key Developments

9 Appendix

• 9.1 Related Research