Pregnancy products market
Market Overview:
During the forecast period 2019-2024, the Pregnancy Products market is anticipated to record a CAGR of 6.5 percent. In addition, products, distribution channel, and geography segment this report. Pregnancy products are categorized as medical products for the purpose of managing physical changes during and after pregnancy in pregnant females.
Rising disposable incomes, particularly in developing nations, and growing knowledge among females about pregnancy care products, increasing women s literacy rates, and well-developed distribution channels for pregnancy products are key factors driving the development of the market for pregnancy products. However, the main constraints for the development of the pregnancy products industry are predicted to be elevated prices and side effects connected with the products.
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Scope of the Report:
Pregnancy products are oriented for addressing pregnant women s physical changes during and after pregnancy. Pregnancy includes numerous hormonal transformations affecting the skin, physique, hair, nail, etc. These products are targeted at mitigating the effects of pregnancy on the physics of women and are gaining global popularity.
Key Market Trends: –
Stretch mark minimizer segment is expected to register robust growth:
Stretch marks in the supporting layers of tissue under the skin are tiny tears and scars and these are widespread during and after childbirth, resulting at 90% of pregnant females. According to an article published in Drug Store News, it was reported in 2013 that females were considerably self-conscious of the appearance of scars and stretch marks and 33 percent of females reported being adversely impacted by their body-confidence.
Stretch mark minimizers help to reduce the presence of stretch marks arising from pregnancy by enhancing collagen fiber production to increase skin elasticity and resistance to stretch marks.
United States is expected to retain largest market share during the period of forecast:
Due to increased awareness of pregnancy products and higher expenditure on personal care goods, North American dominates the market for pregnancy goods. Asia-Pacific is anticipated to thrive tremendously over the forecast period due to factors such as increased disposable incomes in emerging markets such as China and India, well-established distribution channels, and increased awareness of pregnancy products through main players powerful promotional operations.
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Competitive Landscape:
The market’s major players are making significant attempts to increase consumer awareness of the benefits, accessibility, and efficiency of pregnancy products. Moreover, Expansxience Laboratories Inc., Mankind Pharma, Nine Naturals LLC, Piramal Enterprises, Quidel Corporation, Procter & Gamble, and Noodle & Boo, among others.
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