Global Baby Ointment Market 2015-2019
About Baby Ointment
Baby ointments are divided into three categories that include body massage oils, lotions, and medicinal creams. The body massage oil is used for giving soothing massages that helps improve the general well-being of the baby while improving blood circulation and helping the baby to sleep. Other baby ointments such as lotions and medicinal creams are designed to treat rashes on the delicate skin of a baby, to heal the skin, and possibly to prevent the rash from reappearing. Baby ointment is also used for various purposes such as for eczema, heat rash, diaper rash, dry skin, cuts, and insect bites.
TechNavio’s analysts forecast the Global Baby Ointment market to grow at a CAGR of 7.06 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Baby Ointment market for the period 2015-2019. To calculate market size, the report takes into account revenue generated from the sales of the following: Baby Body Massage Oils, Baby Lotions, and 4 Oz Baby Medicinal Cream.
TechNavio's report, Global Baby Ointment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the EMEA and APAC regions, North America, and Latin America; it also covers the Global Baby Ointment market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Key Regions
TechNavio Announces the Publication of its Research Report – Global Baby Ointment Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Baby Ointment Market: Burts's Bees Inc., Chicco USA Inc., Johnson & Johnson Ltd. and Sebapharma Gmbh & Co
Other Prominent Vendors in the market are: Bayer, Beiersdorf, Bio Veda Action Research, Chattem, Galderma, Himalaya, Lander, Mission Pharmacal, Mustela and Naterra International
Commenting on the report, an analyst from TechNavio’s team said: “High investment in R&D is one key trend that is expected to gain market traction during the forecast period of 2015-2019. Investment is aimed at improving the efficiency of the product and its safe usage. As a result, several innovations are leading to the improved performance and efficiency of ointments for babies. ”
According to the report, the market is predominantly driven by the increased preference for natural and organic products among end-users. Parents are increasingly concerned about the health of their children. They have started using a variety of baby care products that contain natural and organic components for the healthy development of their babies.
Further, the report states that declining birth rates in developed markets are currently hindering market growth. A rapid decline was mostly seen during the 2007-2008 recession when high rates of unemployment discouraged people from starting families.
Burts's Bees, Chicco USA , Johnson & Johnson , Sebapharma, Bayer, Beiersdorf, Bio Veda Action Research , Chattem, Galderma, Himalaya, Lander, Mission Pharmacal, Mustela, Naterra International
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