Baby Stores in China - Industry Market Research Report

Baby stores in China sell a wide range of products for babies aged zero to three years old. Baby food and nutrition, clothing, toys, healthcare products and other daily-use products are included in the industry. In recent years, growth in consumer numbers has supported industry demand. The total number of babies aged zero to three years old is close to 42.0 million in China. Industry revenue is expected to increase at a CAGR of 6.4% over the five years through 2023, to total $149.1 billion. This trend includes an anticipated rise of 5.6% in the current year. However, the decreasing number of new births have lowered down the growth rate of the industry. Profitability varies with different product types, and industry profit is expected to account for 6.8% in 2023. Baby product retailers sell products for babies from birth to three years old, including food, clothing, diapers, cots and toys. Products that specifically target pregnant women and new mothers are not included in the industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.