China Baby Bottle Market Size & Outlook, 2021-2030
China baby bottle market, 2017-2030 (US$M)
Related Markets
China baby bottle market highlights
- The China baby bottle market generated a revenue of USD 316.0 million in 2021 and is expected to reach USD 558.8 million by 2030.
- The China market is expected to grow at a CAGR of 6.5% 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 316.0 million |
| Market revenue in 2030 | USD 558.8 million |
| Growth rate | 6.5% (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, China accounted for 9.6% 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 Asia Pacific, China baby bottle market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 471.9 million by 2030.
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Baby Bottle Market Scope
Baby Bottle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 64.59% in 2021. Horizon Databook has segmented the China baby bottle market based on plastic, silicone, glass, stainless steel covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of this market can be attributed to the presence of a large number of manufacturers in the country. Hectic work schedules in an increasing number of households have significantly contributed to the demand for formula milk, thereby driving the need for baby bottles.
For instance, in September 2021, Pigeon Corporation announced a major update to its Sof Touch nursing bottle series sold in China (also known in Japan under the product name “Bonyu Jikkan” and in China under “Ziran Shigan”).
The products are third third generation of Sof Touch products, known as “Sof Touch III,” and are sold in China by key online retailers and selected physical stores. In China, the Sof Touch brand is known for trustworthiness and product safety, and has been embraced by parents from a wide range of generations.
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Target buyers of China 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 China baby bottle market , including forecasts for subscribers. This country databook contains high-level insights into China baby bottle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China baby bottle market size, by product, 2017-2030 (US$M)
China Baby Bottle Market Outlook Share, 2021 & 2030 (US$M)
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