The Global Neonatal Care Products Market size has been estimated to be worth $7,513 Million in 2018 and is projected to grow at a CAGR of 4.2% by 2028. The factors such as the rising number of births, growing demand for baby-related products, and increasing disposable income are driving the growth of this industry. In addition, non-profit organizations and governments across different countries are working towards improving health care facilities in order to provide better healthcare services for newborns.
On the basis of Types, the market is segmented into Diapers, Skin Care Products, Neonatal Food, and Others.
Diapers are a type of clothing used on babies and children to contain or absorb urine. It is also known as nappies in some parts of the world, such as New Zealand and Singapore. Diapers serve many purposes other than containing bowel movements: they can be wrapped around a baby's torso (if their diaper leaks), strapped onto half-naked toddlers who are not potty trained yet, placed under waterproof pants that slide into an adult’s trousers when adults have to go to work but want to take care of their child at home during the day.
These include soaps, lotions, and creams to maintain the skin’s health such as moisturizers (which can also be used by adults) for dryness or itching that may occur in babies with eczema.
This is food given directly into a baby's stomach through a tube placed through his/her nose down into the esophagus while he/she sleeps. It is usually reserved for infants who have trouble suckling and gaining weight. They typically require feeding every two hours due to their small size which makes them more susceptible to nutrient deficiencies than older children or adults because of their comparatively less total surface area available for absorption inside their bodies.
This category includes products such as therapeutic pillows, infant car seats, and bassinets, etc.
On the basis of Application, the market is segmented into 0-36 Months, 37-60 Months, and 61+ Months.
On the basis of Region, the market is segmented into Latin America, North America, Europe, Asia Pacific, Middle East, and Africa. The Latin American region is expected to grow significantly during the forecast period. This growth can mainly be attributed to an increase in demand for skincare, diaper, and food items such as baby milk powder. Brazil is one of the key contributors due to its large number of births per year which would lead to increased expenditure on these products in the coming years.
North America has been an attractive destination for companies due to a growing population base with high disposable income level among other factors that have led this region being termed as “Eldorado” by many players operating here; however, it has not remained unaffected from public health concerns related to vaccine usage like measles outbreak situation over recent months which might hamper future prospects.
The key factors driving this industry are the increasing incidence rate of premature birth and low birth weight babies coupled with growing awareness about adverse consequences associated with prematurity or low birth weight on infant’s health that has led many mothers worldwide to try for an early childbearing age (less than 25 years) which causes high demand for baby clothes as well as other related accessories such as diapers and skincare products in Asia Pacific region where women give birth to their first baby at a median age of 24.
The other factors that are driving the industry growth are the increasing number of parents who have more than one child and hence, an increase in demand for diapers and skincare products which is anticipated to drive market growth over the forecast period.
Up Market Research published a new report titled “Neonatal Care Products Market research report which is segmented by Types (Diaper, Skin Care Products, Neonatal Food, Other), By Applications (0-6 Month, 6-12 Month, 12-24 Month), By Players/Companies Cardinal Health, Kimberly Clark, Unicharm, SCA, Kao, First Quality, Ontex, Hengan, Daio, Domtar, Chiaus, P&G, Estee Lauder, Shiseido, Unilever”.
|Report Attributes||Report Details|
|Report Title||Neonatal Care Products Market Research Report|
|By Type||Diaper, Skin Care Products, Neonatal Food, Other|
|By Application||0-6 Month, 6-12 Month, 12-24 Month|
|By Companies||Cardinal Health, Kimberly Clark, Unicharm, SCA, Kao, First Quality, Ontex, Hengan, Daio, Domtar, Chiaus, P&G, Estee Lauder, Shiseido, Unilever|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||238|
|Number of Tables & Figures||167|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Diaper, Skin Care Products, Neonatal Food, Other and By Application 0-6 Month, 6-12 Month, 12-24 Month.
Some of the companies that are profiled in this report are:
Neonatal Care Products Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Neonatal Care Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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