Market revenue in 2021 | USD 133.1 million |
Market revenue in 2030 | USD 218.5 million |
Growth rate | 5.7% (CAGR from 2021 to 2030) |
Largest segment | Plastic |
Fastest growing segment | Glass |
Historical data | 2017 - 2020 |
Base year | 2021 |
Forecast period | 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 |
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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 70.85% in 2021. Horizon Databook has segmented the Brazil baby bottle market based on plastic, silicone, glass, stainless steel covering the revenue growth of each sub-segment from 2017 to 2030.
The feeding bottle is still frequently used in Brazil and in recent years, Brazil has witnessed an increasing number of women in the workforce, supported by favorable government policies. According to data provided by the World Bank, the ratio of female to male labor force participation rate in Brazil increased from 2000 to 2018. In 2021, the female labor force in Brazil was around 43.2% of the total labor force.
As per the SciELO - Scientific Electronic Library Online, in Brazil, nearly 40% of the children between 6- 11 months were not being breastfed, 47% used a pacifier, and 57% used a bottle. This indicates an increasing use of pacifiers and bottles, which reduces continued breastfeeding among women in Brazil.
Moreover, with hectic lifestyles and work schedules, a growing number of parents are choosing not to breastfeed their babies, thereby driving the demand for infant formula, and consequently, for baby bottles.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil baby bottle market , including forecasts for subscribers. This country databook contains high-level insights into Brazil baby bottle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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