Chile Newborn Care Industry and its Growth, Trends, Progress, Challenges, Opportunities and Upcoming Projects
Market Entry - Newborn Care Market in Chile: Analysis of Growth, Trends and Progress (2015-2020)

PUBLISHED

DEC 2017

Market Entry - Newborn Care Market in Chile: Analysis of Growth, Trends and Progress (2015-2020)

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About the Market

Increasing maternal age, induced ovulation and changing lifestyles like drinking, smoking and improper diet has led to rapid increase in a number of diseases in newborn infants. Thus, newborn care equipment’s have become very important tools to avoid and assess ailments in prenatal and postpartum care. Rapid technological advancement, support, and initiatives taken by the government and rising awareness have led to the robust growth of newborn care market. Western economies are struggling under declining birth rates. In the U.S. for example, the birth rate decreased to 13 per 1,000 of the population in 2010, as compared to 16.7 in 1990. Despite these shrinking birth rates, the global baby care market is expected to grow in sales, as products are used for longer periods by infants, and parents want the best available products for their baby, disregarding the cost of products. In the developing nations, the major drivers are the increase in disposable income among and rising urbanization. In terms of products, this market has been segmented as follows: baby apparel segment, baby toys segment, baby cosmetics, baby food, baby accessories, and baby diaper. Well known baby care and safety accessory companies are the Dorel Juvenile Group, Graco, Brevi, Chicco, Combi, Emami, and Hasbro.

About the Geography                  

Chile is recognized as one of the most stable, open and competitive economies in Latin America. With a presidential republic at its helm, the recent success of the Chilean economy is based on the export of copper.

With the continued drop in copper prices since 2014, Chile has experienced its second consecutive year of slow growth, elevated inflation and a depreciating currency. To counter this sluggish growth, Chile’s policymakers have been actively seeking foreign investment that shall provide the needed capital and technology for economic development. Chile withdrew from the ANCOM (Andean Common Market) in order to be free from restrictions on foreign investment. Regional incentives are available granting certain benefits, to promote investment in these areas and an all-round development of the country.

Negotiations made mostly in Spanish and weak IPR enforcement are challenges of conducting business in Chile. However, the strengths of the market, which include an open economy, commitment to free trade, a well-developed financial market and economic structure, seem to stand tall among these challenges.

Component Name

Unit

From Site

GDP

USD billion

240

GDP Annual Growth Rate

%

1.5

GDP Per Capita

USD

14626

Employment Rate

%

55.26

Wages

USD/Month

374.858

Inflation Rate

%

3.1

Consumer Price Index (CPI)

Index Points

114

Interest Rate

%

3.5

Loans to Private Sector

USD million/billion

131.831 million

Balance of Trade

USD million/billion

146 USD million

Business Confidence

(No Units)

43.63

Manufacturing Production

%

2.4

Ease of Doing Business

(No Units)

48

Competitiveness Rank

(No Units)

33

                          Corruption Rank                         

(No Units)

23

Consumer Confidence

(No Units)

31.5

Consumer Spending

USD million/billion

29,630.824 million

Bank Lending Rate (Consumers)

%

6.88

                       Corporate Tax Rate                      

%

22.5

Sales Tax Rate

%

19

 

The Market Entry Series

Exploring global markets is now recognized as the shortest way to ensure high time to efficiency conversion, when trying to expand revenues past domestic markets, for firms both large and small. Our market entry series, priced suitably low contains the essentials of all the parameters (Refer: Table of Contents) you must be apprised of before you can have a well informed contemplation of a business opportunity in your choice of industry, in your choice of geography.

 

1. Introduction

                1.1 Scope of the Report

                1.2 Regional Analysis

                                1.2.1 PESTLE Analysis

                                1.2.2 Analysis of Ease of Doing Business

2. Market Dynamics

                2.1 Drivers

                2.2 Restraints

                2.3 Opportunities

3. Market Demand Analysis

                3.1 Socio-Economic Segmentation

                3.2 Demographic Strengths & Weaknesses

                3.3 Spending Patterns

                3.4 Target Market Identification

4. Market Size of new born care market by Type (USD millions)

                4.1 Services

                4.2 Products

5. Market Entry

                5.1 Market Entry: The Strategy

                                5.1.1 Types of Entry Modes, by Market Entry Objectives

                                5.1.2 Competition Analysis

                                                5.1.2.1 Market Share

                                                5.1.2.2 Strategies Adopted, Recent Events 

                                5.1.3 Pricing Strategy

                                5.1.4 Supply Chain Analysis

                                                5.1.4.1 Trade (Import-Export Analysis)

                                                5.1.4.2 Distribution Network & Retail Analysis

                5.2 Market Entry: The Administration

                                5.2.1 How to Register a Company (Flowchart)

                                5.2.2 Registration Processes 

                                                5.2.2.1 Ministries Involved

                                                5.2.2.2 Criteria and Conditions

                                5.2.3 List of Forms & Documents

                                5.2.4 Product Control Guidelines specified by the Government

6. Sources

7. Disclaimer

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