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Article: Global baby toiletry market to reach $8.7 billion by 2012.(A Look at What's Going on In The Industry)
- Article from:
- Nonwovens Industry
- Article date:
- December 1, 2008
CopyrightCOPYRIGHT 2008 Rodman Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Of late, manufacturers of baby care products modified their approach to develop innovative and novel products and more importantly, realized the necessity and importance of producing traditional powders and creams. The trend is to extend the existing range of products and develop baby care products other than simple baby soaps, creams and lotions.
As stated by the recent report published by Global Industry Analysts, Inc., the global market for baby toiletries is projected to reach $8.7 billion by 2012, reflecting a CAGR of 4.2%, over the period 2008-2012. Asia-Pacific, with a share estimated at 27.3% in 2008, forms the largest baby toiletries market worldwide. ...