Breast Feeding Accessories Market, Opportunities, Top Key Players and Forecast to 2032
Breast Feeding Accessories Market
Breastfeeding plays a very important role in the growth and development
of new-born babies. Maternal breastfeeding is a biological process, but, in
some cases, such as difficulty in breastfeeding due to irregular milk flow is
creating the demand for breastfeeding accessories to feed their babies
effectively.
The breast
feeding accessories market was valued USD 2.8 billion in 2022 and is expected to reach USD 4.71 Billion at 5.96% CAGR during the forecast period of 2023 to 2032.
The major key factors driving the market growth are difficulty in milk
secretion or lactation in the mothers, increasing rate of adopting new babies,
and an increase in the number of working mothers. Also, the growing
awareness about the breastfeeding accessories, decreasing infant mortality
rate, improving healthcare infrastructure in emerging economies, and favorable
policies promoting breastfeeding in North America, Europe, and various regions
promotes the market growth.
However, the problem associated with breast feeding accessories and
high cost of the products hamper the market growth.
Major Key
Players:
Koninklijke Philips N.V. (UK), Medela LLC (US), Ameda
(US), Pigeon Corporation (Japan), Nuby (USA), Artsana S.p.A. (UK), Handi-Craft
Company (US), Medline Industries, Inc.(US), NNUK USA LLC (US), Tommee
Tippee/Mayborn Group Limited (UK) and Others are some of Breast Feeding Accessories Market Players.
Segment Analysis
The global breast feeding products market is
segmented on the basis of product and end user. On the basis of the product,
the global breast feeding accessories market is categorized into breast milk
bottles breast pumps, nursing clothes, breastfeeding pillow, nursing pads, nipple care products, cleaning products,
breast shells and other accessories. On the basis of breast pump, the products
are sub-segmented into manual breast pumps and electric breast pumps. The
nursing pads are further sub-segmented into disposables and reusable. On
the basis of the end user, the market is segmented into hospital & clinics and personal.
On the bases of region, the market is segmented into
the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The
Americas is expected to hold the largest market share and the Middle East and
Africa with a low market share during the forecasted period.
Regional Analysis
A geographical outlining of the global breast feeding accessories market
covers the Americas (North America & Latin America), Asia Pacific, Europe,
and the Middle East & Africa (MEA).
The Americas is the largest regional market due to the presence of North
America, which has the most advanced medical facilities and the presence of key
market players. These factors make North America a greater market compared to
South America. Other factors helping the market growth in North America include
development in healthcare infrastructure, favorable policies promoting breast
feeding, increasing awareness about breast feeding equipment, an increasing
number of milk banks, and increasing demand for advanced breast feeding
accessories. The most prosperous market in this region is the USA, followed by
Canada.
The factors that make North America the largest regional market also
make Europe, the second-largest regional market as technological advancement is
the only thing that keeps North America ahead of Europe. Some other factors
aiding the market growth in Europe include increasing government support for
improving kids’ health, increasing R&D in healthcare, and increasing woman
employment. Due to the reasons that are same as the Americas, Western Europe is
a bigger regional market segment compared to Eastern Europe. The most lucrative
markets in this region are France, Germany, Italy, Spain, and the UK. The
survey of the remaining countries in Western Europe featured in this report
calculates the inclusion of market revenue, with a sizable revenue contribution
from Eastern Europe.
The Asia Pacific region is the fastest-growing regional market due to
the rapidly growing economies like Australia, China, and India. In the Asia
Pacific region, the market is surging due to the rising healthcare expenditure
by the government, the increasing birth rate in this region (especially in
China and India), and subsequently increasing demand for breastfeeding
accessories. Other important markets in this region are Japan and South Korea.
A cognition of the remaining countries in the Asia Pacific region featured in
this report adds the extra market revenue to the market from these countries.
The MEA region holds the least market share due to a lack of healthcare
infrastructure, low awareness, and the presence of poor economies.
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