Philippines Baby Care Products Market, By Product Type (Baby Food, Body Care, Safety & Convenience, Others); By Distribution Channel (Online, Offline), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
Philippines Baby Care Products Market Size Set to Expand at Steady CAGR to Reach USD 64 Million by 2030
Philippines Baby Care Products Market is flourishing because of the rising disposable income, improved living standards, and growing awareness about baby hygiene and safety.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Philippines Baby Care Products Market size at USD 50.0 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Philippines Baby Care Products Market size to expand at a CAGR of 3.60% reaching a value of USD 64.0 million by 2030. The growing demand from consumers for high-quality products to guarantee their baby's hygiene and the growing number of products that are chemical-free are the main drivers of growth in Philippines baby care products market. Additionally, it is projected that the Philippines baby care products market will be driven by growing disposable income and expanding product availability on e-commerce platforms.
Opportunity: Consumer shift toward online platforms
Philippines Baby Care Products Market is witnessing a substantial shift towards online platforms for buying baby care products. Google and Kantar TNS released a report indicating that 49% of pre-purchase searches for baby care products are related to pricing, while 48% are related to user reviews. The rising popularity of various e-commerce platforms, including Lazada, Shopee, Amazon, and Shopify, and accessibility to a wide range of baby care products of different brands and prices contribute to the rising popularity of online sales channels. The convenience of online payment is also propelling the growth of Philippines Baby Care Products Market.
Baby Food Segment to Grow Fastest in Market by Product Type
The baby food segment of Philippines Baby Care Products Market by product type is anticipated to register high growth rate during the forecast period. The majority of infant food is low in fat, sugar, and salt, enriched with lots of nutrients, and devoid of chemicals and preservatives. Factors including the increasing disposable income of consumers, the expanding female workforce, and rising awareness toward the benefits of baby food are directly influencing the growth of Baby Food Products in the Philippines Market.
Competitive Landscape
Philippines Baby Care Products market is intensely competitive, as a number of companies are competing to gain a significant market share. Key players in the market include Johnson's Baby Philippines, Ecostore Company Limited, Pigeon PH, edamame.ph, Baby Company, and Bibs Manilas.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and Philippines Baby Care Products Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Philippines Baby Care Products Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Philippines Baby Care Products Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Disposable Income and Improved Living Standards
- 3.2.1.2. Growing Awareness of Baby Hygiene and Safety
- 3.2.1.3. Expansion of E-Commerce and Retail Networks
- 3.2.2. Restraints
- 3.2.2.1. High Cost of Premium Baby Care Products
- 3.2.2.2. Stringent Regulations and safety standards
- 3.2.2.3. Competition from Local and Unbranded Products
- 3.2.3. Opportunities
- 3.2.3.1. Innovations in Baby Care Products
- 3.2.3.2. Strategic Partnerships and Collaborations
- 3.2.3.3. Increasing Demand for Organic and Natural Products
- 3.2.4. Challenges
- 3.2.4.1. Maintaining Product Quality and Safety
- 3.2.4.2. Addressing Environmental Concerns and Sustainability
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Philippines Baby Care Products Market Overview
- 4.1. Market Product Type & Forecast, 2019–2030
- 4.1.1. By Value (USD Million)
- 4.2. Market Share and Forecast
- 4.2.1. By Product Type
- 4.2.1.1. Baby Food
- 4.2.1.2. Body Care
- 4.2.1.3. Safety & Convenience
- 4.2.1.4. Others
- 4.2.2. By Distribution Channel
- 4.2.2.1. Online
- 4.2.2.2. Offline
- 5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. Philippines Baby Care Products Market Share Analysis, 2023
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 6. Impact of Escalating Geopolitical Tensions on Philippines Baby Care Products Market
- 7. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 7.1. Johnson's Baby Philippines
- 7.2. ecostore Company Limited
- 7.3. Pigeon PH
- 7.4. edamama.ph
- 7.5. Baby Company
- 7.6. Bibs Manila
- 7.7. Other Prominent Players
- 8. Key Strategic Recommendations
- 9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Distribution Channel
- 9.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
- List of Figures
- Figure 1 Philippines Baby Care Products Segmentation
- Figure 2 Philippines Baby Care Products Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Philippines Baby Care Products Market Product Type, By Value (USD Million), 2019–2030
- Figure 5 Philippines Baby Care Products Market Share, By Product Type, By Value, 2019–2030
- Figure 6 Philippines Baby Care Products Market Share, By Distribution Channel, By Value, 2019–2030
- List of Tables
- Table 1 Philippines Baby Care Products Market Product Type, By Value (USD Million), 2019–2030
- Table 2 Philippines Baby Care Products Market Share, By Product Type, By Value, 2019–2030
- Table 3 Philippines Baby Care Products Market Share, By Distribution Channel, By Value, 2019–2030
- Table 4 Johnson's Baby Philippines Company Overview
- Table 5 Johnson's Baby Philippines Financial Overview
- Table 6 ecostore Company Limited Company Overview
- Table 7 ecostore Company Limited Financial Overview
- Table 8 Pigeon PH Company Overview
- Table 9 Pigeon PH Financial Overview
- Table 10 edamama.ph Company Overview
- Table 11 edamama.ph Financial Overview
- Table 12 Baby Company - Company Overview
- Table 13 Baby Company Financial Overview
- Table 14 Bibs Manila Company Overview
- Table 15 Bibs Manila Financial Overview
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