Press release
Baby Prams and Strollers Market : Study on 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, Bre
Global Baby Prams & Strollers Market Analysis and Forecast 2019-2028The 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.
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.
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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.
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Table of Content
Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
Chapter Two: Assumptions and Acronyms
Chapter Three: Executive Summary
3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
Chapter Four: Research Methodology
Chapter Five: Analysis of COVID-19 Impact and Road Ahead
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Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players expenditures, economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Baby Prams & Strollers Manufacturers
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
Chapter Seven: Government Laws and Industry Regulations
Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
Chapter Nine: Global Baby Prams & Strollers: Key Investment Analysis
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Delivering foresights along with statistical analysis of the operational business industry impacts has been our foremost priority. With the constant developments in the research & development industry, we have always challenged the conventional research methodologies and discovered new research tactics to evolve the growing B2B requirements.
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