Moreover, favorable government funding is expected to support market growth. The majority of children under the age of five in the U.S. receive government-funded early care and education services each year. The state governments in the U.S. are supporting families to afford daycare services & improve the sustainability of the market. The Department of Social Services California supports daycare by providing families with low-cost or free childcare, depending on the eligibility of the family.
The early education & daycare segment dominated the market in 2021, attributed to the development of advanced learning techniques for children. Starfall is one of the top learning tools for children. The tool is based on the latest technology enabling the children to learn languages, art, and math among others through activities and games. The new learning software are transforming the segment. In addition, the government is supporting to children to have access to proper learning tools & daycare services. For Instance, the department of early education and care, Massachusetts provide grants for center-based early education service.
The backup care segment is expected to witness lucrative growth over the forecast period. Backup care is usually a benefit given to employers in applicable situations wherein a regular child attention service plan is disrupted. There are two types of backup services, in-home & in-center services. There increasing no of working single parents is driving growth for the segment.
The early care segment is expected to have lucrative growth during the forecast period. There are 19.7 billion children below age 4 in the U.S. These children require extreme attention; hence daycare centers are in high demand for these children. The federal government is focusing on enhancing infant daycare services in the U.S. The child care and development Fund (CCDF) provides subsidies to assist low-income families.
The organized care facilities segment accounted for the highest revenue share of the U.S. child care market in 2021. The segment is expected to witness the highest growth rate during the forecast period. The rising number of working parents, technological advancements, and growing funding for supporting quality early education are some of the key factors expected to drive the growth of the segment.
The home-based settings are expected to have lucrative growth during the forecast period. According to the U.S. department of health & human services, billions of families in the U.S. rely on home-based daycare (HBCC). Home-based caregivers supervise a small group of children per day, which may vary depending on state & local regulations and the caregiver's personal preferences.
The industry is very competitive with the presence of several large and small players. The launch of new early development and education programs and collaborations are the key strategies adopted by the market players. For instance, in Aug 2022, Kinder Care launched a tuition benefit+ program designed for employers to facilitate affordable daycare service for working families. Some prominent players in the U.S. child care market include:
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the U.S. child care market report based on type & delivery type:
The growing influence of fashion trends on maternity support products is one of the key drivers supporting the maternity support products market growth. Companies have now adopted advertising strategies like using pregnant models to showcase their products and create a better connection with the customers. This will create an effective impact on pregnant women's purchasing decisions. For instance, Fit Pregnancy is a popular parenting publication of Meredith Corporation. Similarly, Mother, Baby and Child is a popular parenting publication in the Middle East. Such publications show pregnant models in their magazines to create a better connection with expecting women, which drives the demand for products related to maternity wear and babywear. Such instances are the growing influence of fashion trends on maternity support products. This, in turn, will drive the maternity support products market growth during the forecast period.
In 2020, the COVID-19 pandemic significantly changed the fundamentals of the maternity support products market in North America. However, the introduction of vaccines to control the spread of COVID-19 and the adoption of many promotional strategies by vendors are expected to recover the growth of the maternity personal care products market in the coming years. Hence, it is expected that the regional maternity support products market will witness growth during the rest of the forecast period.
This baby bottles market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the baby bottles market segmentation by product (plastic, glass, and others), distribution channel (offline and online), and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The baby bottles market report also offers information on several market vendors, including Babisil Products Co. Ltd., BABY BREZZA, Canpol Sp Zoo, Comotomo Inc., Evenflo Feeding Inc., Handi-Craft Co. Inc., Ideal Baby & Kids, Koninklijke Philips NV, MAM Babyartikel GesmbH, MAPA GmbH, Mayborn Group Ltd., Medela AG, Mothercare IN Ltd., Munchkin Inc., Nurnberg Gummi Babyartikel GmbH & Co. KG, Pigeon Corp., PopYum LLC, and Yoomi Ltd. among others.
The increase in adoption and promotion of formula milk for infants is one of the key drivers fueling the baby bottles market growth. Many lactating mothers, particularly working women and others who manage single-parent households, are opting for formula milk for newborns instead of breast milk. Vendors operating in the baby products or food market are introducing infant formula milk on a regular basis. This formula milk can be stored for a longer period of time after its preparation. This additionally permits parents to get some time to do their personal work and other services. Such formula milk is claimed by vendors to be equally healthy and nutritious as mother's (breast) milk. This increased adoption of formula milk will develop the need for products such as toddler bottles, subsequently fueling the demand in the market in the course of the forecast period.
The benefits of breast milk are one of the factors limiting the baby bottles market growth. The awareness amongst women of the benefits associated with breastfeeding is growing rapidly across the globe. Doctors and healthcare practitioners are also encouraging new mothers to breastfeed their babies for one year after the child is born. It is witnessed that children who are breastfed for a year after birth are more resistant to various diseases and are more likely to stay healthy later in their life. The awareness activities to promote breastfeeding are also growing rapidly across the globe, especially in emerging economies. Such factors will limit the market growth in the near future.
This baby bottles market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global baby bottles market as a part of the global housewares and specialties market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the baby bottles market during the forecast period.
Our report provides extensive information on the value chain analysis for the baby bottles market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Changing lifestyles will facilitate the baby bottles market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
The COVID-19 outbreak negatively impacted the regional market in 2020. However, the increasing local demand for baby bottles and the resumption of international trade are likely to drive the regional market's growth during the forecast period.
The baby bottles market share growth in the plastic segment will be significant during the forecast period. For instance, Joovy Boob Baby Bottle PPSU is manufactured using advanced bottle venting technology called CleanFlow Vent, which prevents damage to the baby bottle such as nipple collapse and negative pressure and colic symptoms in infants. Therefore, such product offerings by vendors are expected to propel the growth of the plastic baby bottles market globally during the forecast period.
Baby care products like skin care, hair care, and toiletries are specially designed for infants due to their sensitive skin. These products are required throughout the baby's growing stages. Similarly, baby food and beverages contain essential nutrients that provide nourishment and promote development.
The baby care products market is segmented by product type, distribution channel, and geography. Based on product type, the market is segmented into baby skin care, baby hair care, baby toiletries, and baby food and beverage. Baby toiletries are further sub-segmented into baby bath products and fragrances and baby diapers and wipes. Based on the distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, pharmacies/drug stores, online retail stores, and other distribution channels. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. 2b1af7f3a8