Baby Care Packaging Market to Exceed USD 3.5 billion by 2027, Garnering at a 5.5% CAGR – Exclusive Report by Transparency Market Research
Wilmington, Delaware, United States, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global baby care packaging market was estimated to have acquired US$ 2.5 billion in 2021. It is anticipated to register a 5.5% CAGR from 2022 to 2027 and by 2027, the market is likely to gain US$ 3.5 billion.
One driver of the baby care packaging market is the increasing global birth rate. As the global population continues to grow, especially in emerging economies, the demand for baby care products, including packaging, is on the rise.
This demographic trend leads to higher consumption of products like diapers, baby wipes, and baby food, which in turn drives the demand for innovative and efficient packaging solutions, creating opportunities for growth in the baby care packaging market.
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Key Findings of Market Report
- Using social media to spread the word about the introduction of new baby care products is essential.
- Manufacturers can use a variety of platforms, including Instagram, YouTube, and Facebook, to promote their new products.
- Parents to exchange knowledge and information regarding baby care goods also use these networks.
- The baby care products and packaging industries are both affected by the growing popularity of blogging.
- Products for baby care are sent to "mommy bloggers" for reviews, who frequently persuade young, expectant mothers to buy the baby care goods they have reviewed.
Market Trends for Baby Care Packaging
- One of the main market constraints for baby care packaging is the growth of plastic packaging. Since plastic is lightweight and easy to handle, it is the most often utilized material. But package manufacturers are turning more and more to alternative materials like metal and paper. Their main emphasis is on employing PCR or recyclable plastic materials.
- Businesses are using pulp and paper, which are biodegradable and environmentally beneficial, to create biodegradable bags and pouches. One of the most well-liked goods are oxo-degradable bags and pouches. The need for eco-friendly packaging materials is being driven by growing environmental concerns over plastic packaging.
- Parents are prepared to spend more money on baby care products these days. As their ...
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