Global Baby Bottle Market Size & Outlook, 2021-2030
Global baby bottle market, 2017-2030 (US$M)
Related Markets
Global baby bottle market highlights
- The global baby bottle market generated a revenue of USD 3,292.5 million in 2021 and is expected to reach USD 5,422.4 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 5.7% by 2030.
- In terms of segment, plastic accounted for a revenue of USD 1,979.6 million in 2021.
- Glass is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, Spain is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 3,292.5 million |
| Market revenue in 2030 | USD 5,422.4 million |
| Growth rate | 5.7% (CAGR from 2021 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Glass |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Silicone, Glass, Stainless Steel |
Other key industry trends
- In terms of revenue, the North America accounted for 22.8% of the global baby bottle market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Spain is the fastest growing regional market and is projected to reach USD 79.6 million by 2030.
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Baby Bottle Market Scope
Baby Bottle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global baby bottle market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to baby bottle market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 60.12% in 2021. Horizon Databook has segmented the Global baby bottle market based on plastic, silicone, glass, stainless steel covering the revenue growth of each sub-segment from 2017 to 2030.
Over the past few years, the demand for infant formula has been increasing steadily all over the world. A large number of lactating mothers, especially working women in single-parent houses, are opting for infant formula for their babies as a replacement for breast milk.
The rising number of women in the workforce, hectic work schedules, and lack of workplace support for breastfeeding are making it difficult for new mothers to breastfeed their babies. A growing number of mothers who are either unable to breastfeed or choose not to is also driving the demand for infant formula, and consequently, for baby feeding bottles.
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Target buyers of Global baby bottle market databook
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Our clientele includes a mix of baby bottle market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global baby bottle market , including forecasts for subscribers. This global databook contains high-level insights into Global baby bottle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global baby bottle market size, by regions, 2017-2030 (US$M)
Top 10 countries: Baby bottle market size, 2021 (US$M)
Global baby bottle market share, by product, 2021 & 2030 (%, US$M)
Baby bottle market: Opportunity assessment by country
Global baby bottle market, by region, 2021 (US$M)
| Product | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 682.9 | 717.1 | 753.4 | 716.5 | 751.1 | 789.0 | 829.5 | 872.9 | 919.5 | 969.4 | 1,023.0 | 1,080.7 | 1,142.6 | 1,209.2 | 5.4% |
| Europe | 834.7 | 873.2 | 914.0 | 865.9 | 904.3 | 946.2 | 991.0 | 1,038.8 | 1,089.8 | 1,144.5 | 1,202.9 | 1,265.5 | 1,332.5 | 1,404.4 | 5.0% |
| Asia Pacific | 960.9 | 1,014.9 | 1,072.8 | 1,026.3 | 1,082.4 | 1,143.7 | 1,209.6 | 1,280.5 | 1,356.9 | 1,439.1 | 1,527.8 | 1,623.4 | 1,726.7 | 1,838.2 | 6.1% |
| Latin America | 341.7 | 360.3 | 380.2 | 363.1 | 382.3 | 403.3 | 425.8 | 450.1 | 476.1 | 504.2 | 534.4 | 566.9 | 602.0 | 639.8 | 5.9% |
| MEA | 143.8 | 154.4 | 165.8 | 161.0 | 172.4 | 184.9 | 198.4 | 213.0 | 228.8 | 246.0 | 264.6 | 284.9 | 306.9 | 330.8 | 7.5% |
| Overall | 2,964.0 | 3,119.9 | 3,286.2 | 3,132.7 | 3,292.5 | 3,467.0 | 3,654.2 | 3,855.2 | 4,071.1 | 4,303.1 | 4,552.7 | 4,821.3 | 5,110.6 | 5,422.4 | 5.7% |
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