The global toddlers’ sippy cups market is anticipated to grow at a considerable CAGR 4% during the forecast period (2022-2028). The rise in the incidence of tooth decay among toddlers is anticipated to drive the growth of the global toddlers’ sippy cups market. According to the data published by Public Health England in 2020, one in four (23.0%) of 5 years old had dental decay. The survey conducted by PHE revealed that children from more deprived areas (34.0%) are more than twice as likely to have dental decay compared to those from less deprived areas (14.0%) Moreover, the Oral Health Survey of 3-Year-old in 2020 revealed that 10.7% of 3 years olds in England had experienced tooth decay. Children with tooth decay experience had on average 3 teeth that were decayed, missing, or filled. Thus, the rising incidence of tooth decay among toddlers is anticipated to fuel the demand for the global toddlers’ sippy cups market.
The rising population coupled with increasing disposable income is anticipated to drive the growth of the global toddlers’ sippy cups market. For instance, as per the data published by the American Progress Organization in 2019, 5.1 million working Americans spent an average of $250 per week on their kids. According to the data published by UNCTAD in 2021, the share of the urban population increased to 56.2% in 2020. In developed economies, 79.0% of people live in cities. Additionally, as per the data published by United Nations Organization, the global population is projected to increase by 2 billion persons in the next 30 years from 7.7 billion in 2020 to 9.7 billion in 2050 and could peak at nearly 11 billion around 2100. The growth has been driven by increasing urbanization and accelerating migration. 61.0% of the global population lives in Asia, 17.0% in Africa, 10.0% in Europe, 8.0% in Latin America, and the remaining 5.0% in Northern America. Moreover, as per the data published by Statistics Canada, the share of disposable income for the household in the lowest quintile increased from 6.1% in the first quarter to a high of 7.2% in the second quarter of 2020. Also, as per OECD, the average household net adjusted disposable income per capita is $30,490 per annum.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Munchkin Inc., Newell Brands, and Zoli Inc., among others
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Toddlers Sippy Cups Market Report by Segment
By Type
- Soft Spout
- Hard Spout
- No Spout
- Others
By Distribution Channel
- Supermarkets & Hypermarkets
- Specialty Stores
- Online Retail
- Others
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