PUBLISHER: Orion Market Research | PRODUCT CODE: 1215812
PUBLISHER: Orion Market Research | PRODUCT CODE: 1215812
Title: Global Baby Skin Care Market Size, Share &Trends Analysis by Type (Organic and Conventional), by Skin Type (Flaky Skin, Oily Skin, and Dry Skin), and by Product (Soaps & Body Wash, Moisturizers & Ointments, Lotions & Cream, Shampoo & Conditioner, and Others) Forecast Period (2022-2028).
The global baby skin care market is anticipated to grow at a significant CAGR of 5.6% during the forecast period. Millennial parents are more educated and informed which increases the preference for using high-quality skin care products for their children. Parents demand products that are gentle on the skin of babies, safe to use, and free from additional fragrance ingredients. Many companies offer certified products which increase the customer base of the company and contribute to the growth of the global baby skin care market. For instance, in October 2021, Godrej Consumer Products Ltd. Launched the first line of baby care products named Goodnessme, a premium range of certified products made from organic ingredients and zero toxins designed for sensitive skin in babies.
The global baby skin care market is segmented based on type, skin type, and product. Based on the type, the market is sub-segmented into organic and conventional. Based on skin type, the market is segmented into flaky skin, oily skin, and dry skin. Based on product, the market is segmented into soaps & body wash, moisturizers & ointments, lotions & cream, shampoo & conditioner, and others. Among the product, the soaps & body wash sub-segment is expected to hold a prominent share in the global baby skin care market owing to the rising demand for baby soaps. Parents mostly prefer to use soaps that do not make baby's skin more dry or flaky and provide the proper moisture and nourishment due to which many companies started using several types of oil in the manufacturing of baby soap so that the product can provide moisture to the skin and satisfy consumers demand which led to the growth of the baby skin care market across the globe. For instance, Nirav Natural Baby Soap from Kama Ayurveda is skin-friendly soap rich in herbal extracts and pure nourishing oils Nirav Natural Baby Soap is rich in Vitamin A and E, with a blend of organic coconut oil, castor oil, and sunflower oil.
Geographically, the global baby skin care market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The North American region is expected to be the fastest-growing region in the global baby skin care market during the forecast period. Increased expenditure by the business on the expansion of product portfolios is increasing the growth of the global baby skin care market. For instance, in December 2021, "I'm Not A Baby" announced that it has paved its way into the North American market this year, registering its trademark in the US with Amazon.
The major companies serving the global baby skin care market include Artsana SpA (Reeford Ventures Pvt. Ltd./Chicco ), Honasa Consumer Pvt. Ltd. (Mamaearth), and M/s. Glowderma Lab Pvt. Ltd. (Sanosan), Nice Pak Products Pty Ltd. (GAIA Skin Naturals), VertoNZ Pty Ltd (Made4Baby Natural Skincare), and Others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, SOLIA Corp. launched its limited-edition line of Disney-designed products under its ALOBABY brand, a line of organic skincare that gently cleanses babies' sensitive skin. Its product line is made with 99% natural ingredients that are gentle on sensitive skin and free from harmful additives, perfect for infants as young as newborns.
Research Methodology
The market study of the global baby skin care market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: