BABY BOTTLES MARKET Baby Bottle Industry Analysis Base Year Value (2021A) - USD 3.2 Billion Estimated Year Value (2022E) - USD 3.3 Billion Projected Year Value (2032F) - USD 5.2 Billion Global Growth Rate (2022-2032) - CAGR 4.7%
4.7% CAGR
Offered Innovative Products Manufacturers are investing in research and development and innovation such as launching BPA (bisphenol) free and stainless steel baby bottles. Its estimated to increase market demand by 1.3X in coming years.
Leading Region North America tops the global baby bottles market accounting for 24.7% of global market share in 2022.
Material Type Glass baby bottles under material type contributes 27.8% of market share in global sales of baby bottles.
Sales Channel The baby bottles are available via online and offline sales segment. The online and offline sales accounts for 45.7% and 54.3% of the overall baby bottles market share.
References -https://www.factmr.com/report/166/baby-bottles-market