Global Baby Oil Market Growth, Trend, Size, 2024
Changing lifestyles and increasing disposable income to drive global baby oil market through 2024
New York, USA, January 14, 2020 /KidZNewswire/ -- According to TechSci Research report, “Global Baby Oil Market By Application, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024”, global baby oil market is expected to register growth during the forecast period, on the back of increasing birth rates in emerging nations, growing awareness about infant care and rising income levels. Moreover, growing consciousness of parents towards the nurture of their child is resulting in high spending on childcare, which is expected to have a positive impact on global baby oil market in coming years.
Leading Players :
Some of the leading players in global baby oil market are Johnson & Johnson, Pigeon, Chicco, Sebamed, Mustela, Bio Veda Action Research Co., Dabur India Ltd., The Himalaya Drug Company, California Baby Inc. and Burt's Bees Inc.
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"Global Baby Oil Market"
In terms of distribution channel, global baby oil market has been categorized into store-based retail and non-store-based retail. The store-based retail segment accounted for majority share in global market for baby oil in 2018. The non-store-based retail segment is witnessing healthy growth, owing to growing popularity of the e-commerce market. Moreover, e-commerce and technology are transforming this category with new user experiences, where luxury brands and small start-ups alike are racing to embrace e-commerce, making this channel even stronger. Asia-Pacific is the largest market for baby oil, globally, backed by rising middle class population and improving living standards in developing countries like India and China.
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