Global Baby Care Products Market to Be Driven by Growing Disposable Income of Parents

Albany, NY -- (SBWIRE) -- 08/28/2015 -- Financial stability and rising average age of parents lead to higher expenditure on baby care and convenience products, which has resulted in positive growth of the global baby care products market. The growing number of live births in emerging nations, rise in disposable incomes of parents, and the increasing number of women entering the mainstream workforce across the globe are some of the factors anticipated to boost demand for baby care products in the near future. In 2011, the global baby care products market stood at US$44.7 billion and is anticipated to touch US$66.8 billion by the end of 2017, growing significantly at a 7.0% CAGR between 2012 and 2017.