Market Insights Consumer Beauty & Personal Care Skin Care

Baby & Child - China

China

In 2024, the revenue in the Baby & Child market in China reached an impressive amount of €0.60bn.
Experts anticipate that this market will experience an annual growth rate of 5.03%, according to the Compound Annual Growth Rate (CAGR) between 2024 and 2028.
When compared on a global scale, in China stands out as the leading revenue generator in the Baby & Child market, with a revenue of €0.60bn in 2024.
Taking into consideration the total population of in China, the per person revenue in the Baby & Child market was estimated to be €0.42 in 2024.
China's booming middle class is driving demand for high-quality, organic baby and child products.

Key regions: United Arab Emirates, India, Worldwide, Indonesia, Malaysia

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.