2014-04-18 11:56:03 - Baby Product Manufacturing in China - a new market research report on companiesandmarkets.com
The Baby Product Manufacturing industry in China produces a range of products, such as baby food, clothing, toys and skincare products. In the past five years, industry revenue has been increasing strongly at an annualized rate of 19.2% to $31.8 billion in 2013.
China´s family-planning policy makes the only child of the family more precious, which encourages parents to spend as much as they can on baby rearing. In addition, China´s growing economy has stimulated demand for baby products. In particular, higher living standards have created a stable foundation for medium and high-end baby products.
Many foreign brands have entered the growing Chinese market and established branches and distribution networks. A majority of people, especially those in first- and second-tier cities, prefer
foreign brands as they are regarded as safer and of higher quality. This consumer shift accelerated after 2007, when more than 10 domestic brands of milk powder were found to contain the contaminant melamine. Over the past five years, imports have been growing at an annualized rate of 16.4%. In 2013, imports account for 4.8% of domestic demand.
Click for report details: www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..
Browse all Consumer Goods Market Research Reports www.companiesandmarkets.com/Market/Consumer-Goods/Market-Researc ..
Browse all Consumer Goods Company Profile Reports www.companiesandmarkets.com/Market/Consumer-Goods/Company-Profil ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.