Global Baby Dryer Market Size, Share, Opportunities, COVID-19 Impact, And By Product Type (Baby Wipes, Hair Dryer, Clothes Drying Stand, Bottle Drying Rack), By Distribution Channel (Hypermarket & Supermarket, Convenience Stores, E-commerce, Others), And By Geography - Forecasts From 2023 To 2028
- Published : Jan 2023
- Report Code : KSI061614258
- Pages : 124
It is anticipated that demand for products that are practical, simple to use, and ecologically friendly will accelerate market expansion. Due to the fact that more families now have two incomes, customers have more spending power, and businesses are profiting from services that simplify things. An increase in the internet of things followed by the growing demand for smartphones is resulting in the digital paying platform which is further expected to drive the online sales channel, further allowing the growth of the baby dryer market. Online shopping is a convenient option for those who lead busy lives, and it is anticipated to play a significant role during the forecast period.
An increase in the number of working mothers is further said to create favourable conditions for the growth of the market. Parents prefer services and goods that provide convenience and high-quality childcare for young children as the number of parents who work two jobs increases globally. In April 2020, the United States Bureau of Labor Statistics published data regarding their statistics on married couple families out of which there were about 64.2 percent were assessed to be dual-employed parents.
With the use of the baby bottle drying racks, kitchen items can be kept clutter free and in order. Bottle drying racks make it easier to clean bottles, which is necessary for babies' healthy development and growth. Dirty bottles with the help of these baby bottle drying racks can be cleaned and dried which is also an imperative factor in organizing the counter space for the Kitchen.
The use of environmentally friendly products is expected to boost market demand.
Eco-friendly products in recent times have been in wide-scale demand by various consumers and in this regard, the eco-friendly products in the baby market are also in demand where the consumers are shifting their attention and focus towards these products growing rapidly. These environmental products will allow consumers in getting preferred solutions for their baby’s needs such as wipes that are biodegradable and safe for the environment as well as diapers. These products carrying a low environmental impact will be in demand more by the consumers who would further be less reluctant. This factor is essential as it supports driving the market. The use of environmentally friendly products will be a better choice for the consumers as well as for the environment
An increase in the growing demand for smartphones is resulting in the digital paying platform and further an increase in the internet of things is further expected to drive the online sales channel, further allowing the growth of the baby dryer market. Online shopping is a convenient option for those who lead busy lives, and it is anticipated to play a significant role during the forecast period.
The region of Asia Pacific is anticipated to grow exponentially during the forecast period market for baby dryers. Now, this particular region is expected to witness a surge because of the high growth rate the Asia Pacific region is been witnessing which efficiently contributed to an increase in the consumption of products. For instance, in January 2020, UNICEF. Org published data regarding the birth of 392,078 babies on 2020 New Year’s Day. Now, according to the report published by UNICEF, India is regarded to be the major and the highest contributor with 67,385 babies, followed by China with 46,299 babies.
North America is projected to exhibit substantial growth in the baby dryer market owing to the high spending made by parents on child care For instance, according to the data published by American Progress. Org in June 2019, 5.1 million families in the United States are estimated to make average spending of USD 250 on child care on a weekly basis.
- In January 2019, Far Cry announced the acquisition of BabyOye Mahindra and Mahindra for USD 35 million
- In June 2019, Gourmia declared the launch of seven products, including baby bottle sterilizers and dryers.
- By Product Type
- Baby Wipes
- Hair Dryer
- Clothes Drying Stand
- Bottle Drying Rack
- By Distribution Channel
- Hypermarket & Supermarket
- Convenience Stores
- By Geography
- North America
- South America
- United Kingdom
- Middle East and Africa
- Saudi Arabia
- Asia Pacific
- South Korea
- North America
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. BABY DRYER MARKET ANALYSIS, BY PRODUCT TYPE
5.2. Baby Wipes
5.3. Hair Dryer
5.4. Clothes Drying Stand
5.5. Bottle Drying Rack
6. BABY DRYER MARKET ANALYSIS, BY DISTRIBUTION CHANNEL
6.2. Hypermarket & Supermarket
6.3. Convenience Stores
7. BABY DRYER MARKET, BY GEOGRAPHY
7.2. North America
7.3. South America
7.4.3. United Kingdom
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.6. Asia Pacific
7.6.3. South Korea
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Wowkido, LLC
9.3. Koninklijke Philips N.V.
9.4. Baby Brezza
9.5. Mayborn, USA, Inc,
Koninklijke Philips N.V.
Mayborn, USA, Inc,
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