Canada Baby Bottle Market Size & Outlook, 2021-2030
Canada baby bottle market, 2017-2030 (US$M)
Related Markets
Canada baby bottle market highlights
- The Canada baby bottle market generated a revenue of USD 144.4 million in 2021 and is expected to reach USD 224.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 5% 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.
Baby bottle market data book summary
| Market revenue in 2021 | USD 144.4 million |
| Market revenue in 2030 | USD 224.4 million |
| Growth rate | 5% (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 |
Other key industry trends
- In terms of revenue, Canada accounted for 4.4% of the global baby bottle market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. baby bottle market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 864.2 million by 2030.
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Baby Bottle Market Scope
Baby Bottle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 49.93% in 2021. Horizon Databook has segmented the Canada baby bottle market based on plastic, silicone, glass, stainless steel covering the revenue growth of each sub-segment from 2017 to 2030.
Although the breastfeeding rate in Canada has increased over the past few years, the duration of breastfeeding significantly went down from six months to two months, which has propelled the demand for baby bottles. According to the Government of Canada, around 25% of mothers who initiate breastfeeding stop before their infant is one month old.
One of the major reasons for stopping breastfeeding before six months is the inadequacy of milk and difficulty with breastfeeding techniques. Such factors are expected to favor the growth of the baby bottle market in the coming years.
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Target buyers of Canada 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 country-level data and insights on the Canada baby bottle market , including forecasts for subscribers. This country databook contains high-level insights into Canada baby bottle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada baby bottle market size, by product, 2017-2030 (US$M)
Canada Baby Bottle Market Outlook Share, 2021 & 2030 (US$M)
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