Global Breastfeeding Accessories Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Breastfeeding accessories are the accessories that make breastfeeding, handling and storing breast milk, and breast milk pumping and the process of collecting more convenient and easier. Moreover, during the breast milk transport, these accessories help to retain the valuable nutrients.
The factors that are playing a major role in the growth of Breastfeeding Accessories Market are growing population, use of enhanced technological devices, changing lifestyle, and favorable reimbursement. On the other hand, the high cost of advanced devices and lengthy FDA approval process are the factors restraining overall market growth.Breastfeeding Accessories Market product types, distribution channels, applications, and region.
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Product types such as Breastmilk Storage & Feeding, Nipple Care Products (Nipple Puller, Nipples & Lids, and Nipple Shields), Breastmilk Preparation and Cleaning Products, Breast Shells, Baby Scales, Breast Pads, and others classify Breastfeeding Accessories Market.
The breastmilk storage & feeding segment accounts for the largest market share of Breastfeeding Accessories Market and is estimated to lead the overall market in the years to come. The reason being, high demand of technologically designed breastmilk storage & feeding sets. The nipple care products, breast shells, and breastmilk preparation and cleaning products follow suit.
Distribution channels such as Online Sales and Offline sales classify Breastfeeding Accessories Market.Applications into Commercial, Household, and others classify Breastfeeding Accessories Market.Breastfeeding AccessoriesMarket is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.
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Globally, North America accounts the largest market share of Breastfeeding Accessories Market and is estimated to lead the overall market in the upcoming years. The reason being, growing rate of female employment, rising awareness about breastfeeding accessories, technologically advanced healthcare infrastructure, availability of reimbursement, and affordability of enhanced medical devices for routine tasks. Europe and Asia Pacific follow suit.
Europe is estimated to account significant market share in the years to come, as rising number of working mothers and awareness regarding convenient nursing products. On the other hand, Asia Pacific is estimated to grow at fastest pace in the years to come at the highest CAGR. This is mainly due to the growing population, favorable government healthcare policies, and rise in the number of working mothers.
The key players of Breastfeeding Accessories Market are Handi-Craft Company, Koninklijke Philips N.V., Edgewell Personal Care, Medela LLC, Artsana S.p.A., Newell Brands, Mayborn USA Inc., Amenda, Nuby, and Pigeon Corporation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.