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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Breastfeeding Accessories industry analysis research and trends report for 2017-2024.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Breastfeeding Accessories industry analysis research and trends report for 2017-2024."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Breastfeeding Accessories Market forecast to reach $1.4bn by 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Market Insights, Inc. says Breastfeeding Accessories Market size is set to exceed USD 1.4 billion by 2024.  Increasing breastfeeding rates will drive breastfeeding accessories market growth over the forecast period. Growing awareness regarding the importance of breastfeeding due to various government and non-government initiatives will augment industry expansion.  Implementation of policies favoring breastfeeding along with encouragement and support from lactation consultants and breastfeeding advocacy groups will fuel business growth.  Increasing number of working mothers along with soaring adoption of better technologies for breast milk collection will propel breastfeeding accessories market demand.  Growing popularity breast milk substitute formulas owing to misconception that it is equivalent to breast milk, low cost and adoption of convenience oriented lifestyle will restrain market growth. Key Insights from Breastfeeding Accessories Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Breast milk storage bag demand should grow at lucrative rate owing to increasing adoption of breast pumps and growing need of working mothers to collect breastmilk and store it for use at a later point in time.  Nursing pads are poised to witness robust growth over the forecast timeframe due to comfort provided by the pads from leakage of nipples after breast feeding.  Breast shells are anticipated to grow at rapid rate owing to benefits such as increased comfort and protection of nipples which have become tender from breastfeeding and correction of flat or inverted nipples.  Germany breastfeeding accessories market held the largest regional industry share. Increasing breastfeeding rates coupled with increasing number of working mothers should propel demand.  Presence of long period of paid maternity leave along with entitlement to breastfeeding breaks without loss of salary should further augment growth. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  India breastfeeding accessories market is forecast to grow at a rapid rate over the forecast period owing to presence of large unmet needs, rising per capita income and development of healthcare infrastructure.  Increasing breastfeeding initiation rates along with growing awareness regarding breastfeeding owing to various public and private sector initiatives will fuel market growth.  Prominent industry players include Medela, Ardo Medical, Koninklijke Philips, Bailey Medical, Whittlestone, Büttner-Frank, Acute Ideas, Pigeon Corporation, Ameda, NUK USA, Linco Baby Merchandise Works, Hygeia Health, Mayborn Group, KaWeCo.  The industry players adopt strategies such as new product development and acquisitions to broaden their product portfolio and strengthen their industry presence. Continued...

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Breastfeeding Accessories Market size, By Product, 2013-2024 (USD Million)

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Breastfeeding Accessories Market @ http://bit.ly/2sSwakqhttp://bit.ly/2sSwakq Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1820 https://www.gminsights.com/request-sample/detail/1820 https://www.gminsights.com/request-sample/detail/49

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