04.04.12
Oh, baby! While the birth rates in Western Europe, the US and Japan continues to fall, emerging market growth is driving demand for baby care products. According to a new study by Transparency Market Research, sales of baby care products are growing 7% a year and are expected to reach $66.8 billion by 2017.
By region, EMEA was the largest market last year, accounting for 34.5% of the market. Asia-Pacific was next at 28.7%, butLatin America is expected to have fastest growth rate of 8.9% during the forecasted period.
More info: sales@transparencymarketresearch.com
By region, EMEA was the largest market last year, accounting for 34.5% of the market. Asia-Pacific was next at 28.7%, butLatin America is expected to have fastest growth rate of 8.9% during the forecasted period.
More info: sales@transparencymarketresearch.com