May 05, 2021
According to a research report titled ‘Global Baby Pacifier market Size study, by Type (Single-piece baby pacifier, Multiple-piece baby pacifier), by size (Small, Medium, Large), by Distribution channel (Online, Offline), and Regional Forecasts 2020-2027’, available with Market Study Report, global baby pacifier market was valued at USD 390.89 million in 2019, and is anticipated to grow at 5.8% CAGR over 2020-2027, subsequently accruing USD 549.66 million by the end of the analysis period.
As per research findings, increasing disposable income and rapid urbanization are contributing to overall baby pacifier industry growth. Moreover, accelerated enhancements and innovations in terms of product offerings are adding considerable traction to the industry development.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3611208/
Citing an instance, Smilo, a U.S based essential baby products company, launched a new range of baby pacifiers which extend slightly in the mouth and provide more soothing sensations and are sized according to the age of the baby. Hence, creativity among market players has been a major driver for global baby pacifier market expansion.
For the unversed, a baby pacifier is a device made from rubber, silicone or plastic that helps to soothe babies. It is also safe to suck and is available in various sizes namely small, medium and large.
However, continued usage of pacifiers may lead to infections, which is detrimental to the industry development over the forecast period 2020-2027.
Based on type, global baby pacifier market is split into multiple piece and single piece baby pacifiers. Furthermore, distribution channels in the market are offline as well as online.
Considering the regional outlook, the research covers Asia Pacific, Europe, and North America, and Latin America. Among these, Asia Pacific accounts for majority market share due to spike in infant population, accounting for 24% of the total populace. Apart from this, rise in disposable income levels of concerned parents and rapid urbanization are adding other factors warranting the regional market growth.
Key contenders in global baby pacifier market sphere are Baby Shusher LLC, Koninklijke Philips N.V, Doddle & Co., Mayborn Group Limited, Mam Babyartikel Gmbh, Newell Brands, Inc., The Natural Baby Company, LLC, Natursutten, Trebco Specialty Products, Inc., and The White Company.