Baby Powder Market to Grow at CAGR 5.1% through 2019–2028 | Future Market Insights

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Baby Powder Market Expected to Witness a CAGR of
5.1 through 20192028 FMI Reports

• March 2020

Report Id REP-GB-5433 Published On
27-Jan-2020 Category Retail and Consumer
Products
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Baby Powder Market Analysis
The baby powder market is projected to grow at an
healthy CAGR of 5.1 during the forecast period
(2019-2028). A significant increase in consumer
awareness about the carcinogenic risks of
talc-based powders, and the resultant transition
by manufacturers opting to use natural and
organic ingredients is a predominant factor
driving the sales of baby powder. Emerging
players are pushing high quality products at
affordable prices to increase their market share,
and will continue to boost growth of baby powder
market, reveals Future Market Insights
(FMI). "Manufacturers in the baby powder market
can lucrative opportunities by targeting
populations in Middle East and Africa,
capitalizing on higher birth rates in these
countries during the forecast period," says the
FMI analyst.
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Baby Powder Market Analysis

• Baby Powder Market - Key Takeaways
• Talc based baby powders will remain a leading
  product in the market corn-based variants are
  gathering substantial traction.
• Premium price products will witness a significant
  CAGR through the forecast period, owing to
  associations with higher quality and safety
  standards.
• Conventional baby powder will account for
  majority market share, owing to easier
  availability and lower price point.
• North America and Europe collectively account for
  nearly half of the global market value.
• Baby Powder Market - Key Driving Factors
• Innovations associated with natural and organic
  ingredients in baby powder products is a major
  growth driver.
• Mass production strategies pursued by
  manufacturers are will drive adoption among
  parents, as affordability remains a key selling
  point for baby powders.
• Manufacturers are leveraging the promotional
  tools such as discounts, and gift cards to
  effectively bolster brand loyalty and
  consequently support overall market growth.

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Baby Powder Market Analysis
Baby Powder Market - Key Growth Constraint The
continued availability of conventional baby
powder products and the associated concerns over
health risks will remain a challenge for market
players. Competition Landscape Key players in
the baby powder market are Wyeth, Artsana Group,
Wakoda, Asahi Group Foods Ltd., The Himalaya Drug
Company, The Burt's Bees, Surefil and Abaco
Partners Company, California Baby, PZ Cussons,
Chattem Inc., Procter Gamble Co., GLUKi
Organics, Prestige Consumer Healthcare Inc.,
Johnson Johnson, Pigeon, Kimberly-Clark Corp,
Libero, Osotspa Company Limited, Lion
Corporation, Oriflame Holding AG, Mamaearth,
Mothercare, Mann Schröder GmbH, and Mee Mee.
Majority of these players are investing in
research development of corn starch-based baby
powders to widen their product offerings and
geographical foothold. Moreover, mergers
acquisitions of small-scale players is a major
strategy being adopted by market leaders.
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Baby Powder Market Analysis
Source Link https//www.accesswire.com/581608/Bab
y-Powder-Sales-to-Proliferate-at-over-5-CAGR-Throu
gh-2029-Premium-Range-Gaining-Momentum-Finds-a-New
-FMI-Study More About the Report The FMI's
market research report of 300 pages offers
comprehensive insights on baby powder market. The
market is analyzed on the basis of ingredient
(talc-based and corn starch-based), price (mass
and premium), nature (organic and conventional),
and sales channels (direct sales, modern trade,
convenience stores, departmental stores,
specialty stores, mono brand stores, online
retailers, drug stores, and others) across seven
key regions (North America, Latin America,
Europe, East Asia, South Asia, Oceania, and MEA).
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Baby Powder Market Analysis

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Baby Powder Market Analysis
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