/ -- The uniquely positioned B2B expo inaugurates its 7th edition today in Mumbai
(Logo: https://mma.prnewswire.com/media/675607/UBM_Logo.jpg )
(Logo: https://mma.prnewswire.com/media/843470/CBME_Logo.jpg )
(Photo: https://mma.prnewswire.com/media/869574/UBM_CBME_India_1.jpg )
(Photo: https://mma.prnewswire.com/media/869575/UBM_CBME_India.jpg )
Speaking at the inauguration of the 7th edition of CBME India, Mr. Yogesh Mudras, Managing Director, UBM India, said, "The childcare and maternity products market once considered as very niche is set for a big boom. With an increase in disposable income of parents, a change in their consumer habits, increased media exposure, awareness amongst women, online shopping and a renewed focus on child safety and well-being, this high potential industry which has a projected growth rate of over 17% (CAGR) till 2020 is now ready for a major growth spurt that will transform it into a thriving industry. We see the industry making a shift towards a more organised market from a then fragmented one. With structure come innovation and technology that has helped widen the market further."
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