Thailand Wearable Breast Pumps Market Size & Outlook
Thailand wearable breast pumps market, 2018-2030 (US$M)
Related Markets
Thailand wearable breast pumps market highlights
- The Thailand wearable breast pumps market generated a revenue of USD 5.2 million in 2023 and is expected to reach USD 10.4 million by 2030.
- The Thailand market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, wearable pumps was the largest revenue generating component in 2023.
- Wearable Pumps is the most lucrative component segment registering the fastest growth during the forecast period.
Wearable breast pumps market data book summary
| Market revenue in 2023 | USD 5.2 million |
| Market revenue in 2030 | USD 10.4 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Wearable pumps |
| Fastest growing segment | Wearable Pumps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wearable Pumps, Accessories |
| Key market players worldwide | Ameda, Inc., Koninklijke Philips NV, Pigeon Corp, Medela, Spectra Baby USA, Willow, Elvie, Freemie, BabyBuddha Products |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.9% of the global wearable breast pumps market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China wearable breast pumps market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 22.6 million by 2030.
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Wearable Breast Pumps Market Scope
Wearable Breast Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand wearable breast pumps 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 wearable breast pumps market will help companies and investors design strategic landscapes.
Wearable pumps was the largest segment with a revenue share of 57.69% in 2023. Horizon Databook has segmented the Thailand wearable breast pumps market based on wearable pumps, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Under the Labor Protection Act of 1998, a pregnant female employee is entitled to 90 days of fully paid maternity leave; of which, the pay for 45 days will be received from employer, whereas remaining 45 days from the Social Welfare Fund.
No additional nursing breaks are provided to working mothers for breastfeeding their child during office hours. According to data by UNICEF, in 2016, Thailand has one of the world’s lowest rates of breastfeeding at 12.3%. In addition, the country banned marketing and promotion for infant formula to encourage breastfeeding under the International Code of Marketing of Breast Milk Substitutes, by WHO.
Thus, regulations guarantee the safety of every product before being sold in the market. Henceforth, market players can tap into the market and increase sales of breast pump devices by their marketing and promotion efforts.
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Our clientele includes a mix of wearable breast pumps 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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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand wearable breast pumps market , including forecasts for subscribers. This country databook contains high-level insights into Thailand wearable breast pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand wearable breast pumps market size, by component, 2018-2030 (US$M)
Thailand Wearable Breast Pumps Market Outlook Share, 2023 & 2030 (US$M)
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