Germany Baby Care Products Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Baby Food, Body Care, Diaper and Wipes, Skin and Hair Care, Safety and Convenience, Prams and Strollers, Car Seat), And By Distribution Channel (Online, Offline) – Forecast From 2023 To 2028
- Published : Mar 2023
- Report Code : KSI061612841
- Pages : 82
The German baby care product market is projected to witness a compound annual growth rate of 4.48% to grow to US$3,984.264 million by 2028, from US$2,931.863 million in 2021.
Baby products are commodities developed for infants and children under the age of three. Baby products are designed to be gentle and non-irritating, with ingredients chosen precisely for these qualities. The popularity of baby body care products is growing due to rising concerns about baby skin issues such as skin irritation, redness, and diaper rashes. Furthermore, as a result of the growing trend toward natural and eco-friendly products, companies in the European region are developing products that are safe and organic in nature, driving demand for eco-friendly baby products and propelling the growth of the baby body care market in this region. The improvements in disposable income followed by the introduction of effective projects such as the “European Standards of Care for Newborn Health” are a few factors that are said put emphasis on baby care products, thus driving the growth of the German baby care products market over the projected period.
Drivers:
The increasing e-commerce in Germany serves as a prominent factor in driving the market for baby care products in the country.
With increased social media engagement, brand awareness, and penetration of smartphones and the internet, the e-commerce segment is expected to witness rapid growth, thereby propelling the market for baby care products in Germany. According to a report released by the International Trade Administration in August 2022, e-commerce sales in Germany were USD 127.5 billion in 2021, which was a 24% growth from 2020. Also, the same article mentioned that the online population in Germany would increase substantially from 2020 to 2025, with an e-commerce penetration of 77% in 2021. Some popular e-commerce websites that operate in the baby care products market in Germany include major e-commerce players like Amazon, while also including baby products-specific sellers like Otto and Babymarkt, among others. The presence of these e-commerce players along with the growing e-commerce penetration is thus expected to drive sales and boost market growth.
The growing number of daycare facilities in the country is anticipated to drive the overall German baby care products market growth.
Moreover, the government subsidies provided to low-income parent groups for child admissions in daycare facilities are also aiding in the growing baby care product demand during the forecast period. The government passed a bill in 2019, to invest EUR 5.5 billion in 16 German states for daycare facilities until 2022.
Key Developments
- In August 2021, “I Love You Veggie Much”, which is a Berlin-based startup that deals with the production of organic baby food, announced the launch of their vegan baby food product, Fruhstucksbrei. Such launches are expected to drive the demand for healthy baby food products, and in turn, augment the demand for these products.
The baby food segment is predicted to hold a significant market share in the German baby care products market.
By type, the German baby care products market is analyzed into baby food, body care, and safety and convenience. Growing nutrition awareness, increased structured retail marketing, urbanization, and a significant increase in the number of working mothers are all factors propelling Germany's baby food segment forward. Additionally, the demand for packaged baby food in the country is increasing as the number of working mothers increases, fueled by worries about the nutritional content of baby food. According to the European Institute for Gender Equality, women have a 76 percent employment rate (between the ages of 20 and 64).
Germany Baby Care Products Market Scope:
Report Metric | Details |
Market Size Value in 2021 | US$2,931.863 million |
Market Size Value in 2028 | US$3,984.264 million |
Growth Rate | CAGR of 4.48% from 2021 to 2028 |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Million |
Segments Covered | Type and Distribution Channel |
Companies Covered | Procter & Gamble, Johnson & Johnson, Nestle, HiPP, Abbott, Unilever, Baby Jogger, Bugaboo International B.V. |
Customization Scope | Free report customization with purchase |
Market Segmentation:
- By Type
- Baby Food
- Body Care
- Diaper and Wipes
- Skin and Hair Care
- Safety and Convenience
- Prams and Strollers
- Car Seat
- By Distribution Channel
- Online
- Offline
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GERMANY BABY CARE PRODUCTS MARKET BY TYPE
5.1. Introduction
5.2. Baby Food
5.3. Body Care
5.3.1. Diaper and Wipes
5.3.2. Skin and Hair Care
5.4. Safety and Convenience
5.4.1. Prams and Strollers
5.4.2. Car Seat
6. GERMANY BABY CARE PRODUCTS MARKET BY DISTRIBUTION CHANNEL
6.1. Introduction
6.2. Online
6.3. Offline
7. COMPETITIVE ENVIRONMENT AND ANALYSIS
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativeness
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Vendor Competitiveness Matrix
8. COMPANY PROFILES
8.1. Procter & Gamble
8.2. Johnson & Johnson
8.3. Nestle
8.4. HiPP
8.5. Abbott
8.6. Unilever
8.7. Baby Jogger
8.8. Bugaboo International B.V.
Procter & Gamble
Johnson & Johnson
Nestle
HiPP
Unilever
Baby Jogger
Bugaboo International B.V.
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Baby Care Products Market Size & Trends: Forecast 2024-2029 | Jul 2024 | |
Middle East and Africa Baby Care Products Market Size: 2022-2027 | Feb 2022 | |
France Baby Care Products Market Size & Share: Report, 2022-2027 | Jun 2023 | |
United Kingdom Baby Care Products Market Size: 2022 - 2027 | Mar 2021 | |
Europe Baby Care Products Market Size: Report, 2023 - 2028 | Jan 2023 |