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, 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.
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.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2022 | US$17.203 billion |
| Market Size Value in 2029 | US$22.163 billion |
| Growth Rate | CAGR of 3.69% |
| Base Year | 2022 |
| Forecast Period | 2024 – 2029 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered |
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| Companies Covered |
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| Customization Scope | Free report customization with purchase |
United States Baby Care Products Market Segmentation: