Baby Pacifier Market to Garner $522.6 Mn, Globally, By 2026 At 5.1% CAGR, Says Allied Market Research

- Innovation product offerings facilitated by the manufacturers, rise in disposable income of customers, and increasing birth rate drive the growth of the global baby pacifier market

PORTLAND, Ore., Dec. 1, 2020 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Baby Pacifier Market by Product Type (Single-piece Baby Pacifiers and multiple-piece Baby Pacifiers), By Size (Small, Medium and Large), and Distribution Channel (Online and Offline): Global Opportunity Analysis and Industry Forecast, 2019–2026". According to the report, the global baby pacifier industry accounted for $352.2 million in 2018 and is anticipated to reach $522.6 million by 2026, registering a CAGR of 5.1% from 2019 to 2026.

Chief reasons for market fluctuations

Innovation product offerings facilitated by the manufacturers, rise in disposable income of customers, and increasing birth rate drive the growth of the global baby pacifier market. However, the availability of low-quality products hampers the market growth. On the contrary, rise in social media marketing is expected to create lucrative opportunities in the near future.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6295

The single-piece baby pacifier segment dominated the market

By product type, the single-piece baby pacifier segment held the largest share in 2018, contributing to more than half of the global baby pacifier market, as the product is easily available at an affordable rate for the target customers. However, the multiple-piece baby pacifier segment is expected to register the fastest CAGR of 5.8% during the forecast period, owing to some of its innovative factors that specifically cater to target customers' requirements.

The online distributing channel segment to portray fastest growth by 2026

The online segment is expected to register the fastest CAGR of 6.2% during the forecast period, owing to increase in rate of Internet penetration across the key regions. However, the offline segment dominated the global baby pacifier market in 2018, accounting for more than four-fifths of the market, as offline stores such as supermarket/hypermarket offer strong distribution channels along with extended product offerings.

LAMEA to manifest the fastest CAGR followed by North America through 2026

The global baby pacifier market across LAMEA is expected to register the fastest CAGR of 6.7% from 2019 to 2026, due to increase in availability of both international and regional brands in the country. On the other hand, the market across North America is anticipated to manifest a CAGR of 5.7% during the forecast period. However, the market across Asia-Pacific held the largest share in 2018, accounting for around one-third of the market, owing to increase in rate of disposable income of concerned parents and rapid rise in urbanization.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6295

Major market players

• doddle & co.
• Trebco Specialty Products Inc.
• Natursutten
• MAM USA Corporation
• Koninklijke Philips N.V.
• Mayborn USA Inc.
• NUK USA LLC
• The White Company
• The Natural Baby Company
• Baby Shusher

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information: https://www.alliedmarketresearch.com/library-access

Similar Reports:

Baby Feeding Bottles Market: Global Opportunity Analysis and Industry Forecast, 2019–2026 

Baby Diapers Market: Opportunity Analysis and Industry Forecast, 2018 - 2025 

Baby Toiletries Market: Global Opportunity Analysis and Industry Forecast, 2014-2022

Baby Wipes Market: Global Opportunity Analysis and Industry Forecast 2020-2027

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):  1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg