Why Buy a Baby Internet Business? Important Facts & Figures About the Baby Industry
Did you know a baby is born approximately every 4 seconds?!?! It is true – which means this target market is ever growing and ever expanding with numerous new babies and parents looking for the latest products to shower their new little bundle of joy! Here are some of the latest details on this exciting industry.
Facts & Figures about the Baby Industry:
· The global baby care product industry caters to around 4 million babies on a yearly basis, generating retail revenue of nearly $7 billion, according to Packaged Facts.
· It has been reported by Global Industry Analysis, Baby Care Products Market Will Reach USD 66.8 Billion Globally in 2017.
· Demand has grown due to a rising number of babies to be catered to, partly because people are starting families later. Product innovation and development has allowed retailers and manufactures to widen the market, using new technologies and advanced marketing approaches.
· According to a new market report published by Transparency Market Research "Baby Care Products Market - Global Industry Analysis, Market Size, Share, Growth and Forecast 2007 - 2017", Global baby care product market was worth USD 44.7 billion in 2011 and will reach USD 47.7 billion in 2012 and is further expected to reach USD 66.8 billion in 2017, growing at a CAGR of 7.0% from 2012 to 2017.
· In the overall global market, EMEA region is expected to maintain its lead position in terms of revenue till 2017.
· According to Forbes.com, “E-commerce is growing at a faster rate than brick-and-mortar stores because of two key principles: Choice and the social shopping experience. If you sell online, you can leverage both principles to accelerate this growth” (Savitz, 2011)
Go to www.Pure-Ecommerce.com to see our latest collection of Baby Internet Businesses For Sale at Pure-Ecommerce. Become a part of the exciting Baby Industry Today!