Baby Bottle Warmer And Sterilizer Industry Overview
The global baby bottle warmer and sterilizer market size was valued at USD 157.9 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2021 to 2028.
The recent outbreak of COVID-19 is driving the product demand among the parents who majorly belong to the working and traveling profession. Consumers in the market prefer to purchase warmers and sterilizers in order to control naturally occurring microbes. Ease of portability of the product and no requirement of liquid disinfectants are major factors influencing consumers’ purchasing decisions, especially in this pandemic time. Bottle warmers and sterilizers are acting as major substitutes for manually heating, using wipes, and water.
Gather more insights about the market drivers, restrains and growth of the Global Baby Bottle Warmer And Sterilizer Market
Manufacturers are focusing on producing advanced versions with improved features and better materials due to the growing demand for baby feeding products, including bottles. Furthermore, rising disposable income and increasing penetration of hypermarkets and supermarkets, drug and pharmacy stores, and online platforms for e-tailing are expected to expand the scope of the product over the forecast period.
Companies in the market are increasingly focusing on social media marketing and offering discounts on the e-commerce platform in order to gain a greater market share. They are also increasingly focusing on advertising in order to boost product visibility and acquire market share over the forecast period. Furthermore, the recent outbreak of coronavirus disease (Covid-19) is expected to act as a major driver for the market from 2020 to 2021. These travel wands are estimated to gain popularity over the forecast period owing to the introduction of new products with trendy designs and features. Growing awareness among consumers is acting as a major driver for the increase in product adoption.
Browse through Grand View Research’s Homecare & Decor Industry Research Reports.
- Baby Bottle Market – The global baby bottle market size was valued at USD 3.29 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030. Rising promotional activities for baby bottles and increased adoption of infant formula are expected to fuel the growth of the market.
- E-commerce Market – The global e-commerce market size was valued at USD 9.09 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.7% from 2020 to 2027. Increasing penetration of the internet is bolstering the smartphone-using population across the world.
Baby Bottle Warmer And Sterilizer Market Segmentation
Grand View Research has segmented the global baby bottle warmers and sterilizers market on the basis of product, distribution channel, and region:
Baby Bottle Warmers And Sterilizers Product Outlook (Revenue, USD Million, 2016 – 2028)
- Baby Bottle Warmers
- Baby Bottle Sterilizers
Baby Bottle Warmers And Sterilizers Distribution Channel Outlook (Revenue, USD Million, 2016 – 2028)
- Supermarkets & Hypermarkets
- Specialty Stores
- Convenience and Drug Stores
Baby Bottle Warmers And Sterilizers Regional Outlook (Revenue, USD Million, 2016 – 2028)
- North America
- Asia Pacific
- Central & South America
- Middle East & Africa
Key Companies profiled:
Some prominent players in the global baby bottle warmer and sterilizer market include
- Pigeon Corporation
- Koninklijke Philips N.V.
- Artsana S.p.A.
- Mayborn Group
- Richell Corporation
- Handi-Craft Company
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