Growing E-commerce Channel to Push Global Baby Oil Market
Changing lifestyles and increasing disposable income to drive global baby oil market through 2024
According to TechSci Research
report, “Global Baby Oil Market By Application,
By Distribution Channel, By Region, Competition, Forecast & Opportunities,
2024”, global baby oil market is expected to register
growth during the forecast period, on the back of increasing
birth rates in emerging nations, growing awareness about infant care and rising
income levels. Moreover, growing consciousness of parents towards the nurture
of their child is resulting in high spending on childcare, which is expected to
have a positive impact on global baby oil market in coming years.
Browse market data Tables and Figures spread through 110 Pages and an in-depth TOC on “Global Baby Oil Market"
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In terms of distribution channel, global baby oil market has
been categorized into store-based retail and non-store-based retail. The
store-based retail segment accounted for majority share in global market for baby
oil in 2018. The non-store-based retail segment is witnessing healthy growth,
owing to growing popularity of the e-commerce market. Moreover, e-commerce and
technology are transforming this category with new user experiences, where luxury
brands and small start-ups alike are racing to embrace e-commerce, making this
channel even stronger. Asia-Pacific is
the largest market for baby oil, globally, backed by rising middle class population
and improving living standards in developing countries like India and China.
“Global baby oil market
is expected to be driven by increasing household income, growing online retail
industry and consumer awareness regarding baby care products. Over the coming
years, North America is anticipated to register growth in global baby oil
market, owing to the availability of high-quality products in the region.”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
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“Global
Baby Oil Market By Application, By Distribution Channel, By Region,
Competition, Forecast & Opportunities, 2024” has evaluated the future growth
potential of global baby oil market and provides statistics and information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in global baby oil
market.
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Research
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