Higher R&D Investments Accelerating Growth Prospects in the Global Baby Oil Market: TechNavio Report

Renewable energy

 

London, 04 March 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Global Baby Oil Market 2015-2019, which is expected to grow moderately at a CAGR of 7.36 during the forecast period of 2014-2019.

“Innovations to improve the performance, efficiency, and safety of baby oils are on the rise. Vendors are devising a variety of products depending on skin types and fragrances,” says Faisal Ghaus, Vice President of TechNavio.

“Newer manufacturing technologies are being adopted and investments are being made to protect brands and prevent infringement of copyright by low-cost producers.”

Key Market Drivers

  • Growing Popularity of Massage Oils
  • Increase in Urbanization
  • Expanding Product Portfolios
  • Increase in Disposable Incomes

Key Market Trends

  • Growing Organized Retail Sector
  • Increased Demand from Developing Countries
  • Higher R&D Investments

Key Market Vendors

  • Chicco USA Inc.
  • Johnson & Johnson Ltd.
  • Pigeon Corp

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…