The United States baby care products market is projected to grow at a compound annual growth rate (CAGR) of 3.69% to reach a market valuation of US$22.163 billion by 2029, from US$17.203 billion in 2022.
The United States baby care products market is propelled by a convergence of several factors such as an increasing number of dual-income families, there's a rise in disposable income, translating to elevated spending on baby care products. Today's parents are more knowledgeable and actively engaged in their children's health and well-being, thereby fueling the demand for safe, high-quality baby care items.
The fast-paced lives of modern parents have led to a preference for convenient and time-saving solutions, boosting the popularity of disposable products, versatile items, and online shopping platforms.
Moreover, despite a slight decline in birth rates in recent years, the US still maintains a relatively high fertility rate compared to other developed nations. This continual influx of newborns drives demand across all categories of baby care products. The fertility rate of the United States in 2021 was 1.66 compared to Europe's 1.53.
Growing parenting concerns regarding baby health & nutrition have propelled the market expansion.
The increasing participation of women in the US workforce is reshaping family dynamics, with busy lifestyles leaving parents with less time for childcare. Consequently, there's a growing demand for baby care products that offer convenience, further increasing the market growth.Government projections indicate a significant increase in the total number of women in the labor force by 2031, primarily driven by women aged 25 and above. The projected labor force change from 2021 to 2031 indicates a substantial increase of 4,652,000 individuals, marking a 6.1% rise. Specifically, for women aged 25 to 54, there's a projected increase of 2,892,000 or 6.0%.
Overall, the US baby care products market presents a dynamic and evolving landscape shaped by a blend of demographic transitions, consumer preferences, technological innovations, and societal needs.
Key Players:
- Johnson & Johnson is a leading provider of baby care products in the United States, and the company’s extensive product offerings cover all aspects ranging from baby massage and bathing to diapering.
- Procter & Gamble Co products cater to the parents' objective of healthy baby development. The company’s major brands, such as “Pampers,” is the hot brand for diapers and baby wipes in the US.
- Abbott Laboratories baby care products such as ‘Similac” are ideal for preterm infants, term infants, and toddlers.
Segmentation:
By Type:
- Baby Food and Beverages
- Baby Toiletries
- Baby Skin Care
- Baby Hair Care
- Safety and Convenience
By Distribution Channel:
- E-Commerce
- Pharmacies/Drug Stores
- Supermarkets/Hypermarkets
- Convenience Stores
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. UNITED STATES BABY CARE PRODUCTS MARKET BY TYPE
6. UNITED STATES BABY CARE PRODUCTS MARKET BY DISTRIBUTION CHANNEL
7. COMPETITIVE ENVIRONMENT AND ANALYSIS
8. COMPANY PROFILES
Companies Mentioned
- Johnson & Johnson
- Nestle
- Danone
- Procter & Gamble Co.
- Unilever PLC
- Abbott
- Baby Jogger
- UPPAbaby
- babyquip inc.
- B & Me NYC
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 99 |
| Published | March 2024 |
| Forecast Period | 2022 - 2029 |
| Estimated Market Value ( USD | $ 17.2 Billion |
| Forecasted Market Value ( USD | $ 22.16 Billion |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | United States |
| No. of Companies Mentioned | 10 |
