About Us Introduction LUXlife Magazine is proud to announce the return of the Parent and Baby Awards! This popular programme has now been running for six consecutive years, and we are excited to shine a light once again on the leading companies shaping the industry today with cutting-edge products and services. The global baby products sector is expanding at a consistent rate of 5.7 percent annually, with a variety of factors influencing this impressive growth. While North America continues to dominate the market – maintaining its position as a central hub for product development and innovation – the largest growth is currently being recorded in the APAC region, where both population and dual-income household numbers are on the rise. This essential market is always evolving, and the Parent and Baby Awards 2023 will endeavour to highlight the latest trends and advancements across the baby care, toiletries, food, safety, and convenience segments. Parents around the world are developing a greater understanding of infant health and hygiene issues and are more concerned with the type of ingredients they are exposing their children to. As a result, demand has significantly increased for organic, chemical-free, and sustainable baby products in recent years, with parents willing to invest in premium-quality products that offer multiple health benefits. These new spending habits have helped drive the growth of small and independent companies with specialty product ranges, giving them a strong foothold in the international market. In the U.S. this trend is particularly evident, with Euromonitor reporting that over three quarters of the country’s baby care industry is controlled by brands with less than 3 percent market share. This presents a lucrative opportunity for SMEs and startups to gain a loyal consumer-base and trade on a wider scale. Bronze Package 695 GBP Full page article Bespoke trophy Personalised digital logo www.lux-review.com
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