Press release
Baby Prams & Strollers Market to See Huge Growth: Key Players Artsana S.p.A, Baby Trend Inc., Evenflo Company Inc., Graco Children's Products Inc., Bugaboo International B.V., Combi USA Inc., Baby Jogger LLC, INGLESINA USA INC., Pigeon Corp., Nuna Intl BV
Market Study Report adds new research on Baby Prams & Strollers market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Baby Prams & Strollers market also includes an in-depth study of the industry's competitive scenario.The global baby prams & strollers market is estimated to witness a growth rate of around 5% during the forecast period. The market growth is attributed to the growing urbanization, changing lifestyles of people, increase in the birth rate along with the rising safety concerns, and an increase in the spending on baby care accessories.
Moreover, increasing technological advancements such as multi-functional features and customization as per consumer's demand in baby care products is further escalating the market growth. There is an increasing trend of travelling among millennial and baby boomer which has amplified the scope of easy traveling with babies, hence surging the demand for baby prams & strollers.
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Market Segmentation
The global baby prams & strollers market has been analyzed on the basis of product type, age, distribution channel, and region. Based on product type, the market is segmented into prams and strollers. Prams are used for managing babies' movements when they are lying or in a sitting position whereas baby strollers are a model with an upright seat convenient for older babies. Based on age, the market covers the age group of 0-6 months, 6-12 months, and 12-36 months. Based on distribution channel, the market covers the analysis of conventional retail and modern retail. Among these, modern retail is projected to exhibit considerable growth rate during the forecast period. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is estimated to exhibit a remarkable growth during the forecast period.
Market Structure and Competition Landscape
Some of the prominent players that contribute significantly to the market growth include Artsana S.p.A, Baby Trend Inc., Evenflo Company Inc., Graco Children's Products Inc., Bugaboo International B.V., Combi USA Inc., Baby Jogger LLC, INGLESINA USA INC., Pigeon Corp., Nuna Intl BV, Brevi Milano S.p.A, Dorel Juvenile, Stokke LLC, and BREVI MILANO S.P.A among others. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships, and collaborations are some of the strategies followed by industry players. Some of the key developments in the global baby prams & strollers market include:
• In December 2021, one of the Norwegian leading children's premium products companies, Stokke, announced the acquisition of Babyzen, a baby stroller manufacturer. The motive of the acquisition is to deliver a premium consumer experience and strengthen its revenue stream.
• In September 2020, Chicco launched new auto folding stroller - Goody, in India. This would enable company to diversify its product offering.
Objective to buy this Report:
1. Baby Prams & Strollers analysis predicts the representation of this market, supply and demand, capacity, detailed investigations, etc.
2. Even the report, along with the international series, conducts an in-depth study of rules, policies and current policy.
3. In addition, additional factors are mentioned: imports, arrangement of commodity prices for the market, supply and demand of industry products, major manufacturers.
4. The report starts with Baby Prams & Strollers market statistics and moves to important points, with dependent markets categorized by market trend by application.
5. Applications of market may also be assessed based on their performances.
6. Other market attributes, such as future aspects, limitations and growth for all departments.
Questions And Answers: Global Baby Prams & Strollers Market
Q1. What is the CAGR that the Baby Prams & Strollers Market is expected to register through the projected duration?
Answer: The Baby Prams & Strollers Market is likely to register a CAGR of 5% over the forecast period.
Question 2. How is Product Type landscape of the Baby Prams & Strollers market sub-divided?
Answer Prams, Strollers, Lightweight Strollers, Jogging Strollers, Standard Strollers, Multi Optional System Stroller, Others (Double/Triple Strollers).
Q3. Which Are the Key Players in Global Baby Prams & Strollers Market?
Answer: Artsana S.p.A, Baby Trend Inc., Evenflo Company Inc., Graco Children's Products Inc., Bugaboo International B.V., Combi USA Inc., Baby Jogger LLC, INGLESINA USA INC., Pigeon Corp., Nuna Intl BV, Brevi Milano S.p.A, Dorel Juvenile, Stokke LLC, and BREVI MILANO S.P.A among others.
For More Details on This Report: https://www.marketstudyreport.com/reports/global-baby-prams-strollers-market-analysis-forecast-2019-2028
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