Plant-based Baby Care Products Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Product Type (Skin Care, Hair Care, Food & Beverages, Others); By Age (Newborn, Infant, Toddler); By Distribution Channel (Hypermarkets & Supermarkets, Pharmacies & Drugstores, Online Sales Channel, Specialty Store, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
Global Plant-based Baby Care Products Market Size More Than Doubles to Touch USD 63.5 Billion by 2029
Global plant-based baby care products market is gaining traction because of the surge in online shopping and increasing concerns regarding infants’ delicate and sensitive skin.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global plant-based baby care products market size at USD 27.33 billion in 2022. During the forecast period between 2023 and 2029, the global plant-based baby care products market size is projected to grow at an impressive CAGR of 12.95% reaching a value of USD 63.5 billion by 2029. Consumer preferences are changing in favor of high-quality, luxury baby products with an emphasis on utility, which is one of the key growth factors for the global market for plant-based baby care products. Due to increased public awareness of the detrimental consequences of synthetic products, a significant emphasis has also been made on vegan, paraben, and synthetic-free goods.
Global Plant-based Baby Care Products Market – Overview
Baby products are items created with babies and young children under the age of three in mind. They are precisely prepared with components chosen for their mildness and lack of irritability. Baby care goods include lotions, oils, powders, and creams as well as infant shampoos. The natural substances used in plant-based baby care products, such as shea butter, aloe, vitamin E, and jojoba oil, replace the usage of toxic substances.
Global Plant-based Baby Care Products Market – By Distribution Channel
Based on distribution channel, the global plant-based baby care products market is segmented into hypermarkets & supermarkets, pharmacies & drugstores, online sales channels, specialty stores, and others. The hypermarkets & supermarkets segment accounts for the highest market share. Hypermarkets & supermarkets offer access to a wide range of products and brands and often at discounted prices to their customers. However, the online sales channel is projected to register the highest growth rate during the forecast period owing to the increasing popularity of various online consumer goods platforms along with the convenience of online payments.
Impact of COVID-19 on the Global Plant-based Baby Care Products Market
The unprecedented COVID-19 pandemic negatively impacted the growth of the global plant-based baby care products market. The supply chain was hampered by the COVID-19 pandemic, and consumer buying habits were affected. The restrictions on the manufacturing activities and supply chains during the lockdown period resulted in a shortage of plant-based baby care products in the market. The lockdown also led to consumers' panic buying large volumes of products which had a catastrophic effect on the market growth.
Competitive LandscapeMajor players operating in the global plant-based baby care products market include Earth Mama Organics, The Honest Company, Babo Botanicals, Burt's Bees Baby, Babyganics, Puracy, Pipette, Mustela, Weleda, Green People, Erbaviva, Nature's Baby Organics, Little Innoscents, Aveeno Baby, and Cetaphil Baby.
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 the Global Plant-based Baby Care Products Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Plant-based 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.