Indian Baby Care Market Will Post a CAGR of Over 15% During 2022 Indian Baby Care Market 2022
Indian Baby Care Market Outlook will post a
CAGR of over 15% during 2022: Radiant
Insights, Inc
“baby care market in India is still being on the pace
of development, and is on a continuous
transformational phase. We anticipate that the
sector will post a CAGR of over 15% during 2015-
2022.”
The size of baby care market in India has augmented at a rapid pace since last few years. Despite
being within the clutches of economic turmoil, baby care market in India had witnessed substantial
growth over the last few years. During 2015, Indian baby care market has shown tremendous
growth backed by growing awareness of standardized baby care products, surging disposable
income due to rising working population, along with growing number of nuclear families.
Numerous players in baby care segment have been able to tap the significant potential in the
smaller markets and towns, apart from their urban potential. Many international players have
forayed in Indian baby care market through joint ventures, with the purpose to reduce the cost of
manufacturing. Continuous investments to enhance their product diversification have been an
added advantage for the market players.
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care-market-outlook-to-2022
Moreover, technological advancements and emergence of online platform among the parents to
shop online has further intensified the boom in baby care products. New product launches and
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