Research Reveals Positive Outlook for Baby Products Industry for 2013-2014
China’s Children, Baby and Maternity Products Retailers, Distributors and Brand Owners expressed high hopes for the industry in 2014. 85% of retailers, distributors, brand owners rated the industry with an eight or higher score. Majority expect to generate 20-50% increase in revenue in 2013.
China’s children, baby and maternity products industry has been booming in the recent years. Retail sales for baby and children products in general reached US$180 billion among which (0-3 years) products generated US$45 billion in revenue with annual growth rate of 15%.
By 2015, market size for 0-3 years is expected to exceed US$ 83 billion.
