ALBANY, Brand-new York, May 10, 2016 /PRNewswire/ —
According to a Brand-new market report published by Transparency Market Research “Pregnancy Products Market – U.S. Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2023”, the pregnancy products market in the U.S. was valued at US$266.6 mn in 2014 and is projected to expand at a CAGR of 5.7% from 2015 to 2023 to reach US$439.2 mn in 2023.
Pregnancy is a temporary, however the essential phase in a woman’s life. A pregnant woman has actually numerous limitations along with respect to the meals and medications she takes. Thus, it is vital to usage skincare products that avoid or cure skin-related complications and are safe to be used throughout pregnancy and the postpartum period. About 6.1 million pregnancies were reported in the U.S. in 2011. The common skin conditions occurring throughout pregnancy are separated in to 3 categories: hormone-related changes, pre-existing, and pregnancy specific. the majority of of these occur especially in the second and 3rd trimester of pregnancy. Several products are available in the U.S. in the form of cream, lotion, balm, gel, etc. for pregnant women and nursing mothers.
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Based on product type, the pregnancy products market in the U.S. has actually been segmented in to stretch mark minimizer, physique restructuring gel, toning/firming lotion, itching prevention cream, nipple protection cream, breast cream, stressed leg product, and others. The market for these products has actually been extensively analyzed based on their utility, effectiveness, sales, and region-wise presence.
Increasing lot of pregnant women in the U.S. and rise in distribution channels such as hypermarkets, supermarkets, retail stores, and online stores are most likely to fuel the growth of the market in the near future. The pregnancy products market in the U.S. is projected to expand at a CAGR of 5.7% throughout the forecast period from 2015 to 2023. Additionally, growing awareness regarding pregnancy products among the female population in the U.S. is most likely to drive the market in the U.S. However, factors such as edge effects associated along with pregnancy products could hamper the growth of the pregnancy products market. The report offers a detailed analysis of this higher growth and outlines a feasible growth trajectory at the neighborhood degree in terms of value for each pregnancy product segment.
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Stretch mark minimizer was the largest product segment of the market in 2014. About 6.1 million pregnancies were reported in the U.S. in 2011. Nearly 90% of the pregnant women make stretch marks throughout pregnancy. Stretch marks are caused because of tearing of dermis. Moreover, stretch marks are made because of rapid adjustment in weight, likewise influenced by the adjustment in hormones throughout puberty, pregnancy, hormone alternative therapy, etc. These stretch marks can easily be treated along with stretch mark minimizer creams and lotions. Factors such as lasting usage of stretch mark minimizers (minimum 3 to 5 months), rise in birth rate, and boost in the disposable income are set to drive the stretch mark minimizer segment. However, according to some researchers, just a couple of products are available in the market that can easily avoid or reduce pregnancy stretch marks. This is most likely to hinder the growth of the stretch mark minimizer segment in the near future.
The others segment includes moisturizing creams, face creams, physique wash, and dark spot treatments. throughout pregnancy, motion sickness, hormone fluctuations, and pressure lead to loss of water and important nutrients from the body, resulting in flaky, dry, and itchy skin. Moisturizing creams and lotions are used to address these conditions. The others segment is most likely to expand at the highest CAGR throughout the forecast period because of lasting usage of products, higher disposable income, rising awareness among the female population, and increasing lot of pregnancies. The report has actually been compiled in order to update the stakeholders along with the incumbent market dynamics through a graphical illustration and in-depth analysis of significant segments for each region considered in the study scope.
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Market Players:
Major Gamers operating in the pregnancy products market in the U.S. consist of Clarins Group, Expanscience Laboratories, Inc. (Mustela), Mama Mio US Inc. (Mio), Noodle & Boo, Novena Maternity, Nine Naturals, LLC, and E.T. Browne Drug Co., Inc. (Palmers). The essential market Gamers are actively involved in constant innovations and developments related to technology and application to cater to the multi-dimensional calls for of the end-users in order to keep their placements in the U.S.
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