Press release
Baby car seat market share, trend, opportunity and forecast and top key players are mothercare,r for rabbit,dorel juvenile (maxi-cosi),simple parenting company,axkid,evenflo,kiddyuk,britax,yko child product co., ltd.
Market Size and Forecast
Global baby car seat market is expected to witness remarkable growth over the forecast period. The market is expected to thrive on the back of increasing concern among the parents regarding there baby’s safety. Increasing sales of vehicles and increased affordability of consumers to spend on vehicles are likely to be the key drivers behind the growth of market during the forecast period.
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In terms of regions, the global baby car seat market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa regions. Among these regions, North America baby car seat market dominated the global baby car seat market in previous years and is expected to garner positive CAGR in global baby car seat market during the forecast period. The market of baby car seat system in North America region is thriving on the back of stringent government regulations regarding child safety seat. The government has recently established a car seat law in California that states, children under 2-years-old must be buckled up in a rear-facing car seat unless they weigh at least 40 pounds or are at least 40 inches tall.
Apart from North America region, Europe grabbed second leading shares in baby car seat market and is accepted to witness robust growth over the forecast period. High concern regarding child safety and government regulations in European countries such as UK are expected to enhance the demand for baby car seat market in this region. Further, increasing number newborns in this region is expected to fuel the growth of baby car seat market in Europe region during the forecast period. Asia Pacific baby car seat market is also projected to thrive at a notable CAGR over the predicted period. The market of baby car seat in Asia Pacific is likely to grow on the back of rising disposable income and increasing awareness regarding need and benefits of baby car seats.
Further, rear-facing baby car seat segment by product type grabbed major shares of market in previous years and is expected to continue this positive growth over the forecast period. Auto manufacturers of passenger cars are looking forward to make baby car seat a standard feature in their cars and this factor is expected to positively impact the growth of this segment in baby car seat market over the forecasted period.
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Market Segmentation
Our in-depth analysis has segmented global baby car seat market into the following segments:
By Product Type
Rear-facing Baby Car Seat
Forward-facing Child Car Seat
Convertible Car Seat (Rear and Forward-facing)
Booster Car Seat
By Distribution Channel
Online Stores
Offline Stores
Supermarkets & Hypermarkets
Specialty Stores
Others
By Region
Global baby car seat market is further classified on the basis of region as follows:
North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.
Growth Drivers & Challenges
The governments across the globe are implementing numerous laws to protect as many children as possible on the roads. These car seats reduce chance of child injuries by as much as 90 percent. Rising child safety concern among parents across the globe is expected to be the major factor behind the notable growth of baby car seat market over the forecast period.
The incidents of car accidents across the globe are increasing which have fuelled the need for baby car seats. This is one of the important reasons behind the growth of the global baby car seat market. Further, rapid urbanization, high disposable income and increasing spending on passenger cars are expected to foster the growth of baby car seat market in upcoming years.
Growing birth rate, especially in countries like China and India in the APAC region, is expected to fuel the demand for baby car seats in the global market. The baby car seats have been through many designs and technological transformations, thus the quality of baby car seats has improved over last few years. This factor is expected to drive the growth of global baby car seat market in future.
Auto manufacturers are making baby car seats an essential feature in there vehicles. Further, growing installation of baby car seat in passenger cars is expected to drive the growth of baby car seat market at considerable pace in upcoming years. Other advancements in baby car seats such as connected baby car seats are also expected to increase the demand in upcoming years. Advanced features of modern baby car seats such as up-front harness adjust, online chat, live video installation supports are attracting consumers towards them.
However, due to lack of stringent laws regarding use of baby car seats in underdeveloped countries, the market growth is expected to decline in future.
Key Players
John Lewis
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Mothercare
R for Rabbit
Dorel Juvenile (Maxi-Cosi)
Simple Parenting Company
Axkid
Evenflo
KiddyUK
Britax
YKO Child Product Co., Ltd.
Others Notable Players
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The global baby car seat market is segmented as follows:
By Product Type Market Size & Y-O-Y Growth Analysis
By Distribution Channel Type Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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