Press release
Baby Cribs Market Prospects and Growth Assessment 2029
The global crib market size is expected to reach ~US$ 2,347.3 million by the end of 2029. According to a study by Future Market Insights (FMI), the market is projected to rise steadily between 2019 and 2019 at a CAGR of ~5.7%. 2029. According to the report, rising fertility rates in developing countries and a surge in demand for baby safety products are driving the global demand for cots.However, during the forecast period, East Asia will also exhibit more lucrative growth opportunities. In terms of product type, the baby cribs market can be classified into standard, portable, convertible, bassinet, travel, multifunctional, and others. The convertible segment holds the major market share as compared to other baby cribs.
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Key players operating in the crib market include Goodbaby International Holdings Ltd., Delta Enterprise Corp., Silver Cross, Artsana SpA, Fisher-Price Inc., Graco, Inc., Arm's Reach Concepts, Inc., Million Dollar Baby . Dream On Me Co., Ltd., Stokecraft, Sorel Furniture, Baby Bjorn, Chico, Natar Zubnile, Baby's Dream Furniture, East Coast Nursery, Colecraft Enterprise, Da Vinci Baby, Mamas & Papas, Bababo, Me n Moms, Stokke AS, etc.
Growing consumer demand for multifunctional crib-
Based on product type, convertibles are expected to be the most attractive segment in the crib market during the forecast period. The convertible type crib is favored primarily by consumers as cost-effective, durable and easily removable bed rails are the key factors expected to witness significant growth in the global crib market over the forecast period.
Additionally, the benefits associated with cots such as safety, comfortable stay, peaceful sleep and, most importantly, consumers, and most importantly, consumers are looking for cots designed to expand as their baby grows, which could further drive the global crib market.
Main sector:
By product type-
standard
portable
changeable
cradle
travel
multifunctional
By sales channel-
wholesaler/distributor
hypermarket/supermarket
multi brand store
exclusive store
independent small shop
online retailer
Other sales channels
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By material type-
plastic
metal
wood
Etc
By price-
economy
mid range
premium
It includes in-depth insights of the Baby Beds Market. Some of them are:
The estimated value of the crib market is ~US$ 1,351.8Mn in 2019. During the forecast period of the report, the market is shown to exhibit a steady growth rate.
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Geographically, North America dominates the global crib market. The rise of nuclear families has increased the demand for baby safety products as parents are now increasingly concerned about leaving their babies alone in bed.
East Asia is emerging as one of the major markets due to growing demand for eco-friendly products in the region, along with rising per capita spending on baby products such as monitors, prams, cots and cribs.
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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