Baby Bottles Market

Global Baby Bottles Market Outlook

The global baby bottles market is estimated at USD 3.3 Billion in 2022 and is forecast to surpass USD 5.2 Billion by 2032, growing at a CAGR of 4.7% from 2022 to 2032.

Report Attributes	Details
Base Year Value (2021A)	USD 3.2 Billion
Estimated Year Value (2022E)	USD 3.3 Billion
Projected Year Value (2032F)	USD 5.2 Billion
Global Growth Rate (2022-2032)	CAGR 4.7%
North America Market Share in 2021	~25%
North America Growth Rate (2022-2032)	CAGR ~4.9%
Collective Value Share (US, China, India) 2022: Top 3 Countries	~38%
Top 5 Companies Market Share in 2021	~25%
Key Companies Profiled	Munchkin, Inc. Handi-Craft Company Mayborn Group Limited Pigeon Corporation Koninklijke Philips N.V. Goodbaby International Holdings Limited Artsana S.p.A. Alpha Baby Care Co., Ltd. Babisil International Ltd. Chemco Group Comotomo, Inc. Dolphin Baby Product Linco Baby Merchandise Works Co., Ltd. Mason Bottle Nanobebe US Ltd. Narang Plastics Private Limited Other Market Players

The global baby bottles market accounts for ~18% of the global baby care products market in 2021. The global baby bottles market is estimated to have an absolute $ opportunity of USD 1.9 Billion during the forecast years of 2022-2032.

2017-2021 Global Baby Bottles Market Outlook in Comparison to 2022-2032 Growth Forecast

Baby bottles made out of plastic are lightweight than their glass counterparts. Stainless steel bottles are also available in the market and are adopted in a great manner as they are bacteria-resistant, chemical-free and resilient. The use of baby bottles by the consumers when mother stop breastfeeding or faces issues with breastfeeding, is expected to drive market demand and growth in coming years.

Consumers due to their hectic work schedules opt for baby bottles to provide instant drink formula supplements to their infants and toddlers. The escalating preference to prefer ready-to-drink food products to be given to babies is likely to support market growth by 1.2X in coming forecast years of 2022-2032. In addition to the above factors, nurseries and kinder garden schools are also placing more enhanced demand for baby bottles, thereby supporting market demand.

Key players in the baby bottles market are making extensive use of marketing and promotional activities in order to attract consumers to purchase baby bottles. Additionally, escalating brands in baby food segments i.e. in instant formula drinks for babies coupled with packaged food products for babies is likely to support market growth by 1/4th or ~25% of current demand levels in coming years.

Fact.MR projects the baby bottles market is expected to witness exhibiting growth at 4.7% CAGR during 2022 and 2032 in comparison to a CAGR of 3.1% with which it grew from 2017 and 2021.

Problem of Breastfeeding leading to Augmented Demand

Consumers and new parents are spending heavily on the baby foods, along with clothes their babies wear, and wants to take care of their babies. New mothers are often making use of baby bottles owing to the problems and issues faced in breastfeeding by new mothers. Breastfeeding issues and problems are basically caused by the change in eating habits of young women. Consumption of fast food and prolonged eating of junk food is anticipated to create issues at reproductive and parental ages. Therefore, the baby bottles market is estimated to witness growth by 1.2X during the forecast years of 2022-2032.

BPA-free Baby Bottles Propelling Market Growth

BPA leads to harmful effects on the human body such as it can increase the risk of infertility, heart diseases, breast cancers, diabetes, and prostate cancer etc. Therefore, the introduction of BPA- free baby bottles is anticipated to be a chief reason fueling the market growth.

There are high chances that BPA contents will seep into baby bottles from their lining. This can generally happen due to constant reheating and exposure to high pH detergents. Moreover, the European Union has banned baby bottles containing BPA. Additionally, glass baby bottles are becoming more attractive among the consumers. Therefore, all the above listed factors are expected to support market growth by 1/5th or ~20% of current demand levels during assessment period of 2022-2032.

Manufacturers offering Innovative Products

Manufacturers are investing in research and development and innovation such as launching BPA (bisphenol) free and stainless steel baby bottles. Key players in the market are offering medical-grade premium quality silicone feeding bottles with offset nipples. This minimizes bottle rejection and promotes latching. New products also contains dual venting system which reduces colic, thereby facilitating proper airflow. Therefore, this is estimated to increase market demand by 1.3X in coming years of 2022-2032.

Region-wise Insights

Which region accounts for more enhanced demand for Baby Bottles Market?

North America baby bottles market accounts for the largest market share of 24.7%.Owing to the hectic work hours coupled with escalating number of working women is supporting market growth. Breastfeeding can provide proper nutrition to the baby, according to the World Health Organization. However, due to lack of time in working women along with breastfeeding issues faced by them, manufacturers are producing nutritional milk formulas, as a substitute for breastfeeding, providing additional demand for baby bottles. Therefore, due to the above listed factors, the market in North America is projected to grow at a CAGR of 4.9% during the assessment period.

What is the market scenario in East Asia and South Asia Baby Bottles Market?

East Asia and South Asia & Oceania baby bottles market contributes 21.1% and 20.2% to the overall market share. And together they hold 41.3% of the overall market. The market in both the regions is estimated to witness higher CAGR owing to the augmented acceptance of infant feeding formula coupled with the availability of the formula milks provided by established and leading brands in the market.

Another factor fueling market growth is the growth in the online sales channel segment. Consumers are increasingly making use of e-commerce to make online purchase which offers ease and convenience. Therefore, the market in South Asia & Oceania and East Asia baby bottles market are projected to grow at a CAGR of 5.4% and 5.2% during the forecast years of 2022-2032.

Category-wise Insights

Which material type segment is the largest contributor in market share and will dominate the Baby Bottles Market during forecast period?

Baby bottles are available in different material forms such as plastic, glass, silicone, stainless steel etc. However, amongst them, the glass bottles holds 27.8% of the overall market share. Owing to the distortion of bottles in freezers in tandem with the health concerns associated with the use of plastic bottles is driving the market demand for glass bottles. Therefore, the segment is projected to grow at a CAGR of 5.3% during the forecast years of 2022-2032.

Which sales channel segment dominates the Baby Bottles Market during the assessment period of 2022-2032?

The baby bottles are available via online and offline sales segment. The online and offline sales accounts for 45.7% and 54.3% of the overall baby bottles market share. However, during the forecast period of 2022-2032, the online sale channel is projected to grow at a CAGR of 4.9% as compared to offline sales channel growing at a CAGR of 4.4% in coming years.

The higher growth in online sales is attributed to the consumers getting attracted towards the online purchase of things, as it offers easy accessibility, availability in tandem with providing wider choices to the consumers to choose from a wide range of products. As these options are not available in offline purchase, the segment will witness moderate growth.

Competitive Landscape: Top Companies in Baby Bottles Market

The global baby bottles market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of innovative baby bottles.

Fact.MR has provided detailed information about price points of key manufacturers in baby bottles market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance:

1. Edison Nation Inc. in 2020, performed a distribution partnership with Amazon to expand its Korean baby care business brands to the United States. It offers diversified range of products such as baby bottles, baby wipes, eco-friendly storage bags, diapers etc.
2. Silicon Plastics Inc. in 2019 focused on acquisition and innovation with a Berkshire Innovation Centre to provide consumers with molded baby bottles nipples

Global Baby Bottles Market by Category

• By Material, Global Baby Bottles Market is segmented as:

  • Plastic Baby Bottles
  • Glass Baby Bottles
  • Silicone Baby Bottles
  • Stainless Steel Baby Bottles

• By Size, Global Baby Bottles Market is segmented as:

  • Less than 3 Ounces
  • 3-6 Ounces
  • 6-9 Ounces
  • More than 9 Ounces

• By Age Group, Global Baby Bottles Market is segmented as:

  • 0-6 Months
  • 6-18 Months
  • Above 18 Months

• By Sales Channel, Global Baby Bottles Market is segmented as:

  • Online Sales Channel
  • Offline Sales Channel
    • Modern Trade
    • Specialty Stores
    • Hypermarkets/Supermarkets
    • Other Sales Channel

• By Region, Global Baby Bottles Market is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA