Press release
Baby Safety Seats Global Market to 2027 - Insights and Forecast with Impact of COVID-19
Baby seats are specially designed seats for preventing infant and children from physical injuries. These seats are purchased by customers separately or installed separately by car dealers at the insistence of customers. The global baby safety seats market report compiled by Market Research Future (MRFR) looks at child safety policies as well as improvements in baby car seats and new trends to look out for the period of 2019 to 2024 (forecast period).Market Scope
The global baby safety seats market is expected to reach a significant valuation of USD 5.48 billion by 2024 by exhibiting a CAGR of 5.3% during the forecast period. The comfort provided by baby seats to children below the age of 6 during long journeys is likely to drive the market growth. They are designed to protect infants and children in the perchance of road accidents. New innovations in materials, seat designs, and car safety policies will navigate the market through new waters. Approved labels on baby seats by federal bodies will be used in cars and not cause confusion among adults.
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Regional Analysis
The global baby safety seats market has been analyzed for four key regions—North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
North America is portended to dominate the market owing to safety policies outlines by governments of Canada and the U.S. Awareness of baby seats among the parents in these economies will drive the global baby safety seats market growth till 2024. On the other hand, APAC can register the highest growth rate during the forecast period due to the rise in disposable income levels among the populace in China and India. The large number of road accidents will drive the demand for the product throughout the forecast period. Policies in Malaysia making the use of baby safety seats mandatory in cars will be opportunistic for the market.
Segmentation
The global baby safety seats market has been segmented based on type and distribution channel.
The global baby safety seats market has been classified, by type, into infant seats, combination seats, booster seats, and others. The infant seats segment will dominate the market due to the large probability of infants falling during vehicle collisions and accidents. On the other hand, the combination seats segment is likely to generate revenue at the largest CAGR during the forecast period owing to the use of these seats for children up to the age of 12.
The global baby safety seats market has been bifurcated, on the basis of distribution channel, into store-based and non-store-based. The store-based segment has further been divided into supermarkets and hypermarkets, specialty stores, and others. Among them, the store-based channel is likely to dominate due to the large market share in 2018. Strong vendor network, deep discounts, and availability of latest products can garner huge revenues. On the other hand, the non-store based segment can witness a rise in market share in the coming years owing to the preference of online shopping.
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Competition Outlook
Orbit Baby, Inc., Diono LLC, Newell Brands Inc., Clek Inc., Artsana S.p.a, Mothercare Plc, Kiwi Baby Howick, Combi, Inc., Renolux France Industrie, Nuna International BV, Goodbaby International Holdings Limited, InfaSecure, Britax Child Safety, Inc, Dorel Juvenile Group of Companies, and BREVI MILANO S.P.A. are key players of the global baby safety seats market.
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