6th December,
2018- Baby
Powder Market is expected to grow at a significant CAGR of 5.62%
in the upcoming period as the scope and its applications are rising enormously
across the globe. Baby Powder is termed as a hygienic or cosmetic powder
produced from arrowroot, a clay mineral, and cornstarch. It is used to treat or
prevent diaper rash, bacterial overgrowth, and other skin irritations like
chafing. It is exclusively used as it absorbs the moisture and is preferred by
women to reduce feminine odors.
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The factors that are playing a
major role in the growth of Baby Powder Market are easy availability of baby
powder at retail stores and growing concern among consumers regarding personal
hygiene and its effect on the skin. However, side effects caused due to the
presence of chemicals may restrain overall market growth in the years to come.
The market is segmented based on type, distribution channel, application, and
region.
Synthetic and organic baby
powder could be explored in Baby Powder market in the forecast period. The
organic sector accounted for the significant market share of Baby Powder and is
estimated to lead the overall market in the years to come. This could be
because of the increasing trend of using organic products and high demand from
consumers for natural products.
There are several distribution
channels where baby powders are available such as online stores, supermarket
& hypermarket, specialty stores, convenience stores, and others that could
be explored in the forecast period. The supermarket & hypermarket sector
accounted for the significant market share of Baby Powder.
The market may be categorized
based on applications like medical, household, and others. Household
application accounted for the significant market share of Baby Powder and is
estimated to continue its dominance in the years to come. Globally North
America accounted for the substantial market share of Baby Powder and is
estimated to lead the overall market in the years to come. The aspects that may
be ascribed to the growth comprise the growing concern of parents regarding the
maintenance of personal hygiene and antibacterial formulation of powder that
prevent infection on the skin.
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