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Global market to top $66 billion, according to Transparency Market Research.
April 4, 2012
By: TOM BRANNA
Editor
Oh, baby! While the birth rates in Western Europe, the US and Japan continues to fall, emerging market growth is driving demand for baby care products. According to a new study by Transparency Market Research, sales of baby care products are growing 7% a year and are expected to reach $66.8 billion by 2017. By region, EMEA was the largest market last year, accounting for 34.5% of the market. Asia-Pacific was next at 28.7%, butLatin America is expected to have fastest growth rate of 8.9% durin...
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