Breast Feeding Accessories Market Overview
Breast feeding always plays an important role in the growth and development of new-born babies. However, sometimes, it can be difficult due to problems, and thus, breast feeding accessories become important. A new report on the global breast feeding accessories market, published by Market Research Future (MRFR), prognosticates that Breast Feeding Accessories Market can observe boost at 7.8% CAGR during the forecast period (2018-2024).
The most relevant market driving factors for the global breast feeding accessories market growth is the high demand for breast feeding accessories in hospitals, clinics, and personal use. Other factors leading to the breastfeeding accessories market growth include temporary difficulty in milk secretion, decreasing infant mortality rate, increase in women employment rates, growing awareness about the breast feeding accessories, improving healthcare infrastructure in emerging economies, technological advancement, research & development (R&D) regarding innovations, and favorable policies promoting breastfeeding (especially in North America and Europe). However, the high cost of the products and the problem associated with breastfeeding accessories can hinder the market growth.
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Breast Feeding Accessories Market Segmentation
The global breast feeding accessories market segmentation encompasses end-user and product. MRFR’s research on the market highlights many factors of the market in-depth.
Based on end-user, this market has been segmented into hospital & clinics and personal. The product-based segmentation of the market covers breast feeding pillow, breast milk bottles, breast pumps, breast shells, cleaning products, nipple care products, nursing clothes, nursing pads, and other accessories. The breast pumps segment has been sub-segmented into electric breast pumps and manual breast pumps. The nursing pads segment has been sub-segmented into disposables and reusable.
Breast Feeding Accessories Market Regional Segmentation
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.
Breast Feeding Accessories Market Key Players
Big players in the global breast feeding accessories market are Ameda (USA), Artsana S.P.A. (UK), Handi-Craft Company (USA), Koninklijke Philips N.V. (UK), Medela LLC (USA), Medline Industries Inc. (USA), NNUK USA LLC (USA), Nuby (USA), Pigeon Corporation (Japan), and Tommee Tippee/Mayborn Group Limited (UK).
Breast Feeding Accessories Market Industry News
Willow breast pump is now available with a reusable milk container. Now nursing mothers do not need to spend extra money on pricey special collection bags.
Get More Information on Breast Feeding Accessories Market Research Report – Global Forecast till 2024 @ https://www.marketresearchfuture.com/reports/breast-feeding-accessories-market-8010
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