Leading Baby Bottle Warmer And Sterilizer Distribution Markets Databank
The Baby Bottle Warmer And Sterilizer market was valued at $159.0 Million in 2020, and is projected to reach $327.8 Million by 2029 growing at a CAGR of 8.41% from 2021 to 2029. Supermarkets & Hypermarkets segment is expected to be the highest contributor to this market, with $62.4 Million in 2020, and is anticipated to reach $127.8 Million by 2029, registering a CAGR of 8.33%. Online segment is anticipated to reach $34.5 Million by 2029 with the highest CAGR of 8.57%. Supermarkets & Hypermarkets and Convenience and Drug Stores segments collectively expected to account for about 65.6% share of the Baby Bottle Warmer And Sterilizer market in 2020, with the former constituting around 39.3% share. Online and Convenience and Drug Stores segments are expected to witness significant growth rates at a CAGR of 8.57% and 8.53% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 36.7% in the overall Baby Bottle Warmer And Sterilizer market in 2020, and is anticipated to reach 37.1% by 2029.
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