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Rise of the baby care industry

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There has been a tremendous growth curve that has been seen in the market for baby products as well as the services in India. The baby products and the services have remained in the sphere of the house and the hearth conventionally. This has slowly developed into a profitable niche since the past decade or so. This has prompted both the big and the small brands to venture properly into this segment with the hopes of making quite some profit in the same. Search baby stores near me.

We can all delve deep into the activities of the market, how the market has developed and finally the massive avenues of profit in it.

The case behind the booming baby market

Baby product is a label that is utilized as a generic term. This term is for those products which are utilized as products to take care of the infants. All of this fall under the term baby care. Also, the products that currently fall under the term are those which ultimately meet the demand of child care and also taking care of a baby.

All of this obviously includes but is certainly not limited to infant skin-care, hair care, baby food, toiletries, footwear, toys, apparel and more. As its target customers, the baby care industry has parents and caretakers of infants in the age group of 0-4 years of age. There shall be a fertility rate of 2.24 children per woman and approximately 2.5 crore child growths every year. Hence it is not surprising that India is a great market for this industry.

The fertility rates have slightly dipped and the demand for baby care products has only seen a consistent rise. In the coming fiscal year, it has been projected to rise even further. The growth of this demand can be attached to certain factors in the ultimately changing socio-economic scenario of the country.

Reasons for the growth

Get the best products for newborns from My all trends. There is a great factor that has highly contributed to the growth of the baby care industry. The reason is that India is actually the home to the largest number of children in the world. India has even beaten China in this regard. It is hence obvious why this market is seeing India as one of the core markets. However, in the coming years, this birth rate is supposed to decline steadily. This will not affect the market in a big way.

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