Baby Shampoo and Conditioners Market Opportunities, Trends and Market Analysis by 2023
The
increasing urbanization in populous countries, such as China and India are
driving the growth of the baby care products market, which is increasing the
demand for baby shampoo and conditioners. The declining infant mortality rates
globally are providing ample opportunities for the growth of the global baby
shampoo and conditioners market. With the increase in urbanization, the
consciousness of parents towards the nurture of their child has increased which
has augmented the spending on their child. All these drivers are responsible
for the growth of the global baby shampoo and conditioners market.
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Europe
dominates the global baby shampoo and conditioners market;
however Asia-Pacific is expected to become the market leader by 2020. The
growing population in the developing countries, such as China and India is
expected to drive the growth of the Asia-Pacific baby shampoo and conditioners
market. Latin America is also expected to witness the growth of the baby
shampoo and conditioners market in the region.
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The
declining birth rate in Europe is one of the key concerns for the baby shampoo
and conditioner providers and manufacturers in this region. Spain is one of the
countries in Europe with lowest fertility rate. Approximately 1.6 children in
Europe are born per woman of childbearing age, whereas it is 1.3 in Spain. The
adoption of one-child policy by several parents is the key emerging restraints,
which is hampering the growth of the global baby shampoo and conditioners
market.
The
key companies operating in the global baby shampoo and conditioners market are
Johnson & Johnson, Beiersdorf, Unilever, L’Oreal, Burt’s Bees, California
Baby, Chicco, Earth Mama Angel Baby, The Himalaya Drug Company, Pigeon,
Mothercare, PZ Cussons, and Weleda.
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