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A recent report published by Infinium Global Research on pregnancy products market provides an in-depth analysis of segments and sub-segments in the global as well as regional pregnancy products market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional pregnancy products market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global pregnancy products market. According to the report, the global pregnancy products market is projected to grow at a CAGR of 5.9% over the forecast period of 2018-2024.
Market Insight
Pregnancy, also known as gestation, is the time during which one or more offspring develops inside a woman. Multiple pregnancies involve more than one offspring, such as twins. During these periods women need several types of product for the better maintenance of her body and fetus. Pregnancy products are those that are meant for physical changes in pregnant women during and after pregnancy. A gradual shift in trend from traditional home remedies for skin care during pregnancy to commercially available products has been observed over the past few years. In addition, the rising awareness is driving the attention of consumers towards the use of safer and more effective skincare solutions. The market for organic alternatives to pregnancy care products is on the rise. Rising R&D for the pregnancy product is resulting in the introduction of several newer variants that are more effective and safer. Along with safety concerns during pregnancy, expecting mothers also focus on skincare and physical appearance post-pregnancy, which is encouraging the adoption of pregnancy care products among them. Discomfort during pregnancy has become a major issue for women across the globe. Extensive campaigns of market players to influence potential consumers through social media and other advertising media are propelling the penetration and adoption of these products in developing countries. Consumers often rely on social media and other advertising media when making a choice for pregnancy-related products. The rising number of pregnant women around the globe and the increasing awareness among consumers regarding the benefits of diverse products are estimated to encourage the growth of the overall market in the years to come. In addition, a substantial rise and improvement of the distribution channels, including supermarkets, hypermarkets, online and retail stores are predicted to accelerate the growth of pregnancy products market in the near future. On the other hand, the side effects of using some of the pregnancy products are projected to hamper the growth of the market in the coming years.
North America dominates the pregnancy products market due to the growing awareness regarding pregnancy product, and growing expenditure on personal care products. Asia-Pacific is anticipated to grow tremendously during the forecast period, owing to factors, such as a rise in disposable incomes in developing economies, such as China and India, and a well-established distribution channel. Additionally, growing disposable income among working women and their awareness about pregnancy product and its benefits are helping to grow this market in the emerging economies.
Segment Covered
The report on global pregnancy products market covers segments such as product types and distribution channel. On the basis of product types, the global pregnancy products market is categorized into stretch mark minimizer, body restructuring gel, toning/firming lotion, breast cream, nipple protection cream, itching cream, and others. On the basis of the distribution channel, the global pregnancy products market is categorized into hospital pharmacies, independent pharmacies and drug store, and an online store.
Geographic Coverage
The countries covered in the North America region include the U.S., Canada, and Mexico; while the Asia-Pacific region includes countries such as China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are the major markets included in the European region. The U.S. drives the growth in the North America region, as it is the largest market in the region. In the Asia-pacific region, rapid industrial growth in India and China offer a substantial potential for the growth in the pregnancy products market. As a result, the APAC region is projected to experience a growth at a CAGR of x.x% over the forecast period 2018-2024.
Companies Profiled:
The report provides profiles of the companies in the global pregnancy products market such as Clarins Group, E.T. Browne Drug Co. Inc., Expansxience Laboratories, Inc., Quidel Corporation, Mankind Pharma, Nine Naturals, LLC, Noodle and Boo, Procter & Gamble, Abbott, and Piramal Enterprises.
Report Highlights:
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global pregnancy products market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of pregnancy products market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the pregnancy products market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the pregnancy products market to understand the present and future trends in this market and formulate their strategies accordingly.
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