Baby Powder Market Outlook and Forecast Analysis by Types to 2030

Posted on 2023-03-21 by researchinsights in Consumer Services // 0 Comments

San Francisco, California , USA, Mar 21, 2023 — /EPR Network/ —

Baby Powder Industry Overview

The global baby powder market size was valued at USD 1.09 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2021 to 2028.

The market is driven by the changing consumer preferences towards organic personal care products coupled with a rise in disposable income levels. Over the past few months, the pandemic has paused the demand for products in many sectors owing to disruptions in the supply chain, a drop in sales revenue, and the closure of several businesses across several industries. Factors, such as unemployment and financial insecurity, have shifted consumers’ preference towards major life events, such as childbirth and marriage.

According to the U.S. Centers for Disease Control and Prevention, the birth rate decreased by 4% during the pandemic. Companies in the market are innovating and introducing organic products to garner attention from the consumers. Owing to the pandemic, several consumers are opting for baby care products enriched with essential oils and natural ingredients. For instance, Bey Bee, a startup based in Gurgaon, India is offering safe and affordable baby care products in the Indian market.

Gather more insights about the market drivers, restraints and growth of the Global Baby Powder Market

The growing popularity of e-commerce channels has shifted the market dynamics across several regions. Several manufacturers are utilizing these channels to advertise their products. The capability to choose from a wide range of products coupled with attractive discounts has encouraged a number of consumers to shop online. In addition, companies are entering into partnerships with high-end luxury retailers to sell their products across various markets outside their base country.

The pandemic has impacted product demand. A rise in housing prices and increasing female employment rates are affecting the birth rates across several regions. The fertility rates have been falling in developed regions, such as North America and Europe. For instance, the Total Fertility Rate (TFR) in the U.S. fell from 2.1 to 1.6 from the year 2007 to 2020.

Browse through Grand View Research’s Beauty & Personal Care Industry Related Reports

Sun Care Cosmetics Market – The global sun care cosmetics market size was valued at USD 8.5 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030.
Personalized Skin Care Products Market – The global personalized skin care products market size was estimated at USD 26.20 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030.

Baby Powder Industry Segmentation

Grand View Research has segmented the global baby powder market based on product, distribution channel, and region:

Baby Powder Product Outlook (Revenue, USD Million, 2016 – 2028)

Talc-based
Talc-free

Baby Powder Distribution Channel Outlook (Revenue, USD Million, 2016 – 2028)

Online
Offline

Baby Powder Regional Outlook (Revenue, USD Million, 2016 – 2030)

North America
Europe
Asia Pacific
Central & South America

MEA (Middle East & Africa)

Key Companies profiled:

Some prominent players in the global Baby Powder Industry include

Johnson & Johnson Services Inc.
Pigeon Corp.
Prestige Consumer Healthcare
Amishi Consumer Technology Pvt. Ltd.
KCWW
Artsana USA, Inc.
Green Team Distribution
The Clorox Company
Himalaya Wellness Company

Order a free sample PDF of the Baby Powder Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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