1、BABYINDUSTRYREPORTCONFIDENTIAL DO NOT SHARE OR REPRODUCE?In the expansive realm of childcare,the U.S.baby products market is a signifcant segment,valued at$34.2 billion as of 2023.The industry spans various categories,including cosmetics,toiletries,food,and safety products,refecting a comprehensive
2、approach to infant care.The sector is characterized by a robust demand for premium products that emphasize health and safety,catering to the needs of millennial and Gen Z parents.With digital marketing and social media engagement at the forefront,brands focus on innovative product development,custom
3、er engagement,and building loyalty.Regulatory compliance remains a cornerstone of the industry,with standards ensuring the safety and suitability of baby products.Transparency in manufacturing processes and product ingredients is pivotal,reinforced by quality control measures.The market is expected
4、to grow at a CAGR of 3.9%from 2024 to 2030,propelled by higher birth rates and increased disposable incomes.Despite facing challeng-es like competition and supply chain disruptions,the industry holds opportunities for growth through strategic marketing,diversifed consumer targeting,and the integrati
5、on of corporate social responsibilityIntroduction CONFIDENTIAL DO NOT SHARE OR REPRODUCE?Services and MarketingRegulationMarket DynamicsBABY INDUSTRY OVERVIEWCONFIDENTIAL DO NOT SHARE OR REPRODUCE?MARKET SIZE OF BABY PRODUCTS IN USA IN USD BILLION2 0 2 22 0 2 32 0 2 42 0 2 52 0 2 62 0 2 72 0 2 82 0
6、2 92 0 3 03334.335.637.038.540.041.543.144.8The US baby products market was valued at USD 34.2 billion in 2023 and is anticipated to grow steadily at a CAGR of 3.9%from 2024 to 2030.Consumer preferences are shifting towards premium and utility-driven baby products,contributing to market expansion.He