The market for luxury baby products is on the rise, with sales of premium products for kids age 0 to 2 up 8.6 percent from 2000 to 2012, and projected to increase another 7.6 percent by 2016. While items like the $1500 Bugaboo stroller, the $300+ Tiffany rattle, and the price-available-on-request Hermes rocking horse may just be cause for an eye roll and a snort, the latest premium baby trend--baby perfumes--is slightly more concerning.