The Breastfeeding Accessories Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Breastfeeding Accessories Global Market Report 2024, The breastfeeding accessories market size has grown strongly in recent years. It will grow from $1.75 billion in 2023 to $1.92 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increased awareness and education, advancements in product innovation, supportive healthcare initiatives, changing societal norms, maternity-friendly workplace practices.
The breastfeeding accessories market size is expected to see strong growth in the next few years. It will grow to $2.62 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to global health campaigns, eco-friendly and sustainable products, personalized and customized solutions, influence of parenting influencers, innovations in milk storage solutions. Major trends in the forecast period include wearable breastfeeding tech, nipple shields and protectors, customization in breast milk storage solutions, uv sterilization technology, fashionable and stylish design, telehealth integration.
The increasing childbirth rate is expected to propel the growth of the breastfeeding accessories market going forward. The childbirth rate refers to the difference between the average annual population and the number of live births that year. Breastfeeding accessories are primarily used for new born children, as they enable the baby to get enough milk, help protect the mother’s milk supply, and are easy to feed and convenient to feed, Hence, the increase in childbirth rate will boost the breastfeeding accessories market. For instance, in May 2022, according to the CDC (Center for Disease Control and Prevention), a US-based government organization, there were 3.66 million births in the US in 2021 compared to 3.61 million in 2020. Furthermore, according to Statistics Canada, a Canada-based government agency, there were 367,684 births in Canada in 2021, an increase of 2 % from 360,552 in 2020. Therefore, the increasing childbirth rate is driving the growth of the breastfeeding accessories market going forward.
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The breastfeeding accessories market covered in this report is segmented –
1) By Product Type: Nipple Care Products, Breast Shells, Breast Scales, Breast Pads, Breastmilk Preparation And Cleaning Products, Breastmilk Storage And Feeding
2) By Distribution Channel: Offline, Online
3) By End User: Hospitals, Clinics, Personal
Technological advancements are a key trend gaining popularity in the breastfeeding accessories market. Major companies operating in the breastfeeding accessories market are adopting new technologies to sustain their position in the market. For instance, in August 2020, Medela AG., a Switzerland-based supplier of breast pumps and breastfeeding accessories, launched new maxflow technology. This innovative twin electric breast pump for individual usage is made possible by this technology. This breast pump generates micro vibrations to increase milk flow and deliver top performance. It is a closed-system pump with 10 pre-programmed Hoover settings and straightforward, uncomplicated operation. Additionally, it’s very flexible and has oval-shaped breast shields that are shaped around for added comfort.
The breastfeeding accessories market report table of contents includes:
1. Executive Summary
2. Breastfeeding Accessories Market Characteristics
3. Breastfeeding Accessories Market Trends And Strategies
4. Breastfeeding Accessories Market – Macro Economic Scenario
5. Global Breastfeeding Accessories Market Size and Growth
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26. South America Breastfeeding Accessories Market
27. Brazil Breastfeeding Accessories Market
28. Middle East Breastfeeding Accessories Market
29. Africa Breastfeeding Accessories Market
30. Breastfeeding Accessories Market Competitive Landscape And Company Profiles
Top Major Players:
- Koninklijke Philips NV
- Mayborn Group Limited,
- Medela AG
- Pigeon Corporation
- Linco Baby Merchandise Works Co. Ltd.
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