Latin America Nipple Shields Market Size & Outlook
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Latin America nipple shields market highlights
- The Latin America nipple shields market generated a revenue of USD 3.1 million in 2023.
- The market is expected to grow at a CAGR of 2.2% from 2024 to 2030.
- In terms of segment, contact nipple shield was the largest revenue generating shield type in 2023.
- Regular Nipple Shield is the most lucrative shield type segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 3.1 million |
| Market revenue in 2030 | USD 3.6 million |
| Growth rate | 2.2% (CAGR from 2023 to 2030) |
| Largest segment | Contact nipple shield |
| Fastest growing segment | Regular Nipple Shield |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Regular Nipple Shield, Contact Nipple Shield |
| Key market players worldwide | Medela, Koninklijke Philips NV, Newell Brands Inc, Chicco, Pigeon Corp, Mayborn Group Ltd., Edgewell Personal Care Co, Lansinoh Laboratories, Ameda, Inc., Nuby |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.2% of the global nipple shields market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 9.7 million by 2030.
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Nipple Shields Market Scope
Nipple Shields Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nuby | View profile | 11-50 | Wear, Devon, United Kingdom, Europe | https://uk.nuby.com |
| Ameda, Inc. | View profile | 1-10 | Buffalo Grove, Illinois, United States, North America | http://ameda.com |
| Lansinoh Laboratories | View profile | 101-250 | Alexandria, Virginia, United States, North America | http://lansinoh.com |
| Chicco | View profile | 51-100 | Sutton In Ashfield, Nottinghamshire, United Kingdom, Europe | https://www.chicco.co.uk |
| Mayborn Group Ltd. | View profile | 1001-5000 | Cramlington, Northumberland, United Kingdom, Europe | http://mayborngroup.com |
| Medela | View profile | 1001-5000 | Baar, Zug, Switzerland, Europe | http://www.medela.com |
| Newell Brands Inc | View profile | 24600 | 6655 Peachtree Dunwoody Road, Atlanta, GA, United States, 30328 | https://www.newellbrands.com |
| Pigeon Corp | View profile | 4518 | 4-4, Nihonbashi-Hisamatsucho, Chuo-ku, Tokyo, Japan, 103-8480 | http://www.pigeon.co.jp |
| Edgewell Personal Care Co | View profile | 6800 | 6 Research Drive, Shelton, CT, United States, 06484 | https://www.edgewell.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
Latin America nipple shields 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 nipple shields market will help companies and investors design strategic landscapes.
Contact nipple shield was the largest segment with a revenue share of 80.65% in 2023. Horizon Databook has segmented the Latin America nipple shields market based on regular nipple shield, contact nipple shield covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America nipple shields market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America nipple shields market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America nipple shields market size, by country, 2018-2030 (US$M)
Latin America Nipple Shields Market Outlook Share, 2023 & 2030 (US$M)
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