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Monday, May 30, 2022

Global Baby Dryer Market to be Driven by the Increased Purchasing Power of the Consumers in the Forecast Period of 2022-2027 

The new report by Expert Market Research titled, ‘Global Baby Dryer Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global baby dryer market, assessing the market based on its segments such as qualities, product types, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 5.4%

Demand for items that are convenient and easy to use and environmentally friendly is projected to augment the market growth. The purchasing power of the consumers has increased as both parents are working, and marketers are capitalising on services that facilitate ease of use. The global baby dryer industry is expected to be driven by increasing internet connectivity, easy access to internet-connected devices (such as smartphones), the adoption of online payment methods, and the proliferation of online sales channels. People with busy lifestyles find online shopping to be a practical alternative, and it is projected to be a key factor during the forecast period. The number of working mothers continue to rise, resulting in a substantial upheaval in family and parental dynamics. With the rising number of dual employed parents across the world, parents prefer solutions and products that offer convenience and quality care for young children.

Industry Definition and Major Segments

Baby bottle drying racks keep the kitchen orderly and clutter-free. Bottles must be cleaned multiple times a day in order for babies to grow and stay healthy, and bottle drying racks aid in the cleaning process. Baby bottle drying racks assist organise the kitchen counter space by drying and keeping bottles clean after they have been washed.

By quality, the market is segmented into:

• Standard
• Premium

Based on product type, the market is divided into:

• Baby Wipes
• Hair Dryer
• Clothes Drying Stand
• Bottle Drying Rack
• Others

The various distribution channels of the market are:

• E-Commerce
• Supermarkets or Hypermarkets
• Convenience Stores
• Others

On the basis of region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Market Trends

With the increased customer shift towards environmentally friendly products, companies are attempting to provide more eco-friendly solutions. This is beneficial not only to the environment but also to the consumer and the producer; while consumers will get their preferred solution, eco-friendly products, such as wipes (flushable or biodegradable) will be easier to dispose of, and consumers will be less hesitant to use them, propelling the market for baby dryers. Cotton wipes are expected to witness increased demand as the majority of consumers perceive cotton to be an environmentally friendly, natural and skin-friendly material.

Key Market Players

The major players in the market are Wowkido, LLC., Grownsy, Koninklijke Philips N.V., Baby Brezza, and Mayborn, USA, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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