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Global Baby Car Seat Market is expected to grow with the CAGR of more than 8% by 2026.

04-29-2022 08:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Bonafide Research

Global Baby Car Seat Market is expected to grow with the CAGR

A child car seat, or a child restraint system, a child seat, a seat designed specifically to protect children from injury or death during vehicle collisions. Each year, thousands of young children are killed or injured in car crashes. Proper use of car safety seats helps keep children safe. High disposable income and increasing spending on passenger cars are also creating a positive impact on the baby car seat market. A growing birth rate, especially in countries like China and India, is expected to fuel the demand for Baby Car Seats in the global market. The recent publication of Bonafide Research under the title- Global Baby Car Seat Market Outlook, 2026 classified the market into baby car seat types and sales channels, across regions and countries.

Baby car seats were first manufactured in the early 1930s, however, the purpose was not the safety of children. They were manufactured to bring the kids to a height so that the driving parent can easily keep a watch on them. It was only in 1962 that British inventor Jean Ames made a rear-facing baby car seat with the sole intention of protecting the child. Later on, a forward-facing baby car seat with a metal frame was made to increase the protection of the child. The quality of baby car seats has improved in the last few years. This factor is also creating a robust development in the market, which in the year 2015 was at a value of USD 4534.62 Million at the global level. Various new features such as an anti-rebound bar to keep the seat steady in case of collision and energy-absorbing foam layers are attracting buyers. Even though the market is pushed by the increasing disposable income, the lack of awareness among the parents regarding child safety while driving and the absence of stringent laws, the market is expected to grow with an anticipated CAGR of over 8%.

To avail the sample report for free: https://www.bonafideresearch.com/samplereport/210719811/global-baby-car-seat-market

Rising urbanization is equally important in driving the global baby car seat market growth. By product type, the market is dominated by infant baby seats which accounted for a share of more than 30% since the year 2015. However, the high-priced baby car seats are refraining the major population from buying them and this is one of the precise reasons for hampering the development of the market. In some of the developing regions, cars are still a luxurious commodity and unaffordable to several people, let alone the baby car seat. Through the forecasted period, the market for the convertible baby seat segment is expected to show the highest growth rate of 9.09%.

Traditionally, the parents have preferred the hypermarket & supermarket segment for the purchase of baby car seats. The segment accounts for more than half of the market share. The availability of a wide range of products in these distribution channels has been attracting a large number of consumers. Furthermore, consumers prefer purchasing from hypermarkets and supermarkets owing to the provision of detailed instructions about installation and after-sale services by specialists. The online distribution channel is expected to expand at the fastest CAGR of 12.13%. Enhanced digitalization and the increasing popularity of e-commerce, especially among millennials, are driving the online market.

Europe dominated the market and accounted for more than 30% share of the global share. Some of the countries including Germany, France, Portugal, Spain, Denmark, Netherlands, Italy, and Ireland have made the use of the product mandatory for children having a height of less than 150 cm. As a result, this region is expected to witness the highest product penetration. The Asia Pacific is expected to be the most potential market. Increasing safety awareness influenced by the government and media in developing countries including China and India is expected to drive the demand for the product.

As the law and regulations about safety car seats are stringent in various regions including the US, UK, Germany, and New Zealand, car manufacturers are likely to include baby car seats as an inbuilt feature of the car. The global market is led by the US, with more than 20% of the share. The introduction of revised regulations in developing countries will enhance the presence of more local and regional players over the forecast period. For instance, in October 2014, the government of India mandated that every car maker in India should equip its cars with provisions for installing child seats.

The companies are focusing on new product developments, market expansion, and technological advancements, to sustain the market competition and increase the sales of the product. Key manufacturers of this industry include Dorel Industries Inc., Goodbaby International Holdings, Graco Children's Products Inc., Mothercare PLC, Car Mate MFG CO. LTD., Britax Child Safety Inc., Diono INC., Infa-Secure Pty Limited, HTS Besafe, Clek INC

CONSIDERED IN THE REPORT
• Geography: Global
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026

REGIONS COVERED:
• North America
• Europe
• Asia Pacific
• Latin America
Middle East & Africa

ASPECTS COVERED IN THE REPORT
• Market Size by Value for the period (2015-2026F)
• Market Share by Product Type (Infant, Booster, Combination & Convertible)
• Market Share by Sales Channel (Hypermarket & Supermarket, Specialty Stores & Online)
• Market Share by Region
• Market Share by Country
• Market Share by Company
Table of Contents

1. Executive Summary
2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definitions
4. Global Baby Car Seat Market Outlook
4.1. Market Size by Value
4.2. Market Share
4.2.1. By Seat Type
4.2.2. By Sales Channel
4.2.3. By Region
4.2.4. By Country
4.2.5. By Company
…continue

To Access Complete Report: https://www.bonafideresearch.com/product/210719811/global-baby-car-seat-market

Bonafide Research
T-12/A, IndiaBulls Mega Mall, Jetalpur Road, Vadodara
Steven Thomas, AM - Content Marketing
sales@bonafideresearch.com
Asia-Pacific: +91 7878231309
Europe: +44 20 8089 0049
North America: +1 201 793 8545
https://www.bonafideresearch.com/

Bonafide Research is one of the fastest growing market research and consulting company. We are expert in syndicated research reports & custom research solutions across the domains. We have been closely working with fortune 500 clients by helping them in tracking the constantly changing market scenarios.

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