Asia Pacific Baby Bottle Market Size & Outlook, 2021-2030
Asia Pacific baby bottle market, 2017-2030 (US$M)
Related Markets
Asia Pacific baby bottle market highlights
- The Asia Pacific baby bottle market generated a revenue of USD 1,082.4 million in 2021.
- The market is expected to grow at a CAGR of 6.1% from 2022 to 2030.
- In terms of segment, plastic was the largest revenue generating product in 2021.
- Glass is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 1,082.4 million |
| Market revenue in 2030 | USD 1,838.2 million |
| Growth rate | 6.1% (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 |
| Key market players worldwide | Pigeon Corp, Medela, Koninklijke Philips NV, Artsana S.p.A., Goodbaby International Holdings, Dr Browns, Comotomo, Richell Corporation, Munchkin, Nanobebe |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 32.9% of the global baby bottle market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 330.8 million by 2030.
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Baby Bottle Market Scope
Baby Bottle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 65.71% in 2021. Horizon Databook has segmented the Asia Pacific baby bottle market based on plastic, silicone, glass, stainless steel covering the revenue growth of each sub-segment from 2017 to 2030.
The market for baby bottles in the Asia Pacific is characterized by increasing breastfeeding problems among women and the growing number of working women. In addition, new innovations in product material and packaging will also boost the baby bottle market in the upcoming years.
The convenience these products offer, in addition to improved product features and quality, is encouraging consumers to opt for baby bottles. Moreover, parents in emerging economies such as Malaysia, Thailand, and Indonesia have become increasingly conscious regarding the health and hygiene of their babies and are willing to spend more on high-quality products.
PPSU is one of the highest performing thermoplastics. The material is preferred over others owing to its resistance to high temperatures and moisture. It does not crack or break even when exposed to extreme conditions, it can withstand high heat, and has high chemical resistance.
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Target buyers of Asia Pacific 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 continent-level data and insights on the Asia Pacific baby bottle market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific baby bottle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific baby bottle market size, by country, 2017-2030 (US$M)
Asia Pacific Baby Bottle Market Outlook Share, 2021 & 2030 (US$M)
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