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What Is the Forecast for the Breastfeeding Accessories Market from 2024 to 2025?
In recent years, the breastfeeding accessories market has seen significant expansion. The market size is forecasted to rise from $1.87 billion in 2024 to $2.02 billion in 2025, reflecting an 8.2% compound annual growth rate (CAGR). The historical growth can be credited to enhanced knowledge and education, product innovation advancements, encouraging healthcare initiatives, evolving societal norms, and workplace practices that are friendly to maternity.
What Is the Projected Market Size of the Breastfeeding Accessories Market?
Predictions indicate a robust expansion in the breastfeeding accessories market in the upcoming years, with its value reaching “$2.85 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 9.0%. The surge during the forecasted period can be linked to worldwide health promotions, environmentally friendly and sustainable commodities, individualized solutions, the impact from parenting influencers, and advances in milk storage procedures. Key anticipated trends for this timeframe involve wearable breastfeeding technology, nipple shields and protectors, personalization in breast milk storage methods, UV sterilization techniques, chic and trendy design, and the incorporation of telehealth.
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Who are the Major Competitors in the Breastfeeding Accessories Market Outlook?
Major companies operating in the breastfeeding accessories market include Koninklijke Philips NV, Mayborn Group Limited, Medela AG, Pigeon Corporation, Linco Baby Merchandise Works Co. Ltd., Artsana Group, Mama’s Milk Wrap LLC, Ameda Inc., Newell Brands Inc., Willow Innovations Inc., NUK USA, Lansinoh Laboratories Inc., Acute Ideas Co. Ltd., Happy Family Inc., Evenflo Feeding Inc., Fairhaven Health LLC, TOMY International Inc., Cimilre Co. Ltd., Limerick Inc., Hegen Pte Ltd., Bblüv Group Inc., Simply Breastfeeding LLC, NuAngel Inc., Zhejiang Rikang Baby Products Co. Ltd., Zenoff Products Inc., Nuby Inc., Hygeia Home Health LLC
What Is Fueling Growth in the Breastfeeding Accessories Market?
The expected rise in the rate of childbirth is predicted to drive the growth trajectory of the breastfeeding accessories market. The childbirth rate is a measure of the difference between the number of live births in a year and the average annual populace. Newborn children are the main users of breastfeeding accessories. These accessories are crucial in ensuring the baby receives adequate milk, safeguarding the mother’s milk supply, and providing an easy and convenient feeding method. Therefore, a rise in the childbirth rate will naturally lead to an upsurge in the breastfeeding accessories market. For instance, data from the Office for Health Improvement and Disparities, a UK government institution in May 2024, showed that in 2022 the birth rate for women under 18 increased to 3.4 per 1,000 population, in comparison to the figure in 2021.. Hence, the breastfeeding accessories market is set to expand thanks to the increasing childbirth rate.
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Which Breastfeeding Accessories Market Segments Are Growing the Fastest?
The breastfeeding accessories market covered in this report is segmented –
1) By Product Type: Nipple Care Products, Breast Shells, Breast Scales, Breast Pads, Breastmilk Preparation And Cleaning Products, Breastmilk Storage And Feeding
2) By Distribution Channel: Offline, Online
3) By End User: Hospitals, Clinics, Personal
Subsegments:
1) By Nipple Care Products: Nipple Creams And Ointments, Nipple Shields, Nipple Compresses
2) By Breast Shells: Hard Breast Shells, Soft Breast Shells, Silicone Breast Shells
3) By Breast Scales: Digital Breast Scales, Analog Breast Scales
4) By Breast Pads: Disposable Breast Pads, Washable Breast Pads, Silicone Breast Pads
5) By Breastmilk Preparation And Cleaning Products: Bottle Brushes, Sterilizers, Breast Pump Cleaning Solutions
6) By Breastmilk Storage And Feeding: Breastmilk Storage Bags, Breastmilk Storage Containers, Bottle Feeding Accessories, Teats And Nipples
Which Industry Trends Are Shaping the Future of the Breastfeeding Accessories Market?
The key players in the realm of breastfeeding accessories are pushing the boundaries of innovation by introducing products like electric baby milk warmers, aimed at ensuring maximum convenience and efficiency for lactating mothers. These devices swiftly and safely heat up breast milk or baby formula to the correct temperature for infant feeding, enabling mothers to manage their dual roles of career woman and parent more efficiently. For instance, in March 2024 to mark International Women’s Day, Olam Agri Holdings, an agribusiness firm based in Singapore, launched a Breastfeeding Support Programme in Cameroon. This programme is in line with the company’s commitment to providing access to nutrition by 2030, and provides its female workforce with all-inclusive breastfeeding kits. The kits, which include a breast pump, comfort breast pads, an electric baby milk warmer, and an electric baby bottle sterilizer, support working mothers in safe breast milk expression and storage during working hours. The rapidly emerging commitment of Olam Agri towards supporting breastfeeding mothers in their workplaces is evident from this initiative.
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Which Countries Are Leading the Breastfeeding Accessories Market?
North America was the largest region in the breastfeeding accessories market in 2024. The regions covered in the breastfeeding accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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This Report Delivers Insight On:
1. How big is the breastfeeding accessories market, and how is it changing globally?
2. Who are the major companies in the breastfeeding accessories market, and how are they performing?
3. What are the key opportunities and risks in the breastfeeding accessories market right now?
4. Which products or customer segments are growing the most in the breastfeeding accessories market?
5. What factors are helping or slowing down the growth of the breastfeeding accessories market?
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