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 |
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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.
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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