Press release
Baby Cribs & Cots Industry Is Expected To Reach Valuation Of US$ 2.6 Billion By 2032
The global baby cribs & cots market is expected to expand slowly with a CAGR of 6.5% during the forecast period 2022-2032. In 2022, this market's size is projected to market valuation of US$ 1.39 Billion. Observing the increasing demand, the baby cribs & cots market is expected to reach US$ 2.6 Billion by 2032.The market study conducted by Fact.MR provides unique information regarding the market's future growth. The study identifies significant trends that are influencing the market growth for baby strollers and cradles. This recently released report clarifies crucial trends, such as the market's drivers, constraints, and opportunities for established players as well as up-and-coming competitors involved in supply and production. The most recent report from Fact.MR offers a thorough market analysis of baby strollers and cradles.
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Prominent Players
• Delta Enterprise Corp.
• Artsana S.p.A
• Goodbaby International Holdings Limited
• Stork Craft
• Fisher-Price Inc.
• Evenflo
• Graco Children's Products Inc.
• Silver Cross (U.K.) Ltd.
• Arm's Reach Concepts, Inc.
• Million Dollar Baby, Inc.
• Dream On Me, Inc.
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Global Baby Prams and Strollers Market by Category
• By Product Type, Global Baby Prams and Strollers Market is segmented as:
o Lightweight Strollers
o Jogging Strollers
o Standard Strollers
o Double / Triple Strollers
o Multi-Optional System Strollers
• By Age, Global Baby Prams and Strollers Market is segmented as:
o 0 - 6 months
o 6 - 12 months
o 12 - 36 months
• By Sales Channel, Global Baby Prams and Strollers Market is segmented as:
o Baby Boutiques
o Specialty Stores
o Modern Trade
o Departmental Stores
o Mono-brand Stores
o Online retailers
o Other Sales Channel
• By Region, Global Baby Prams and Strollers Market is segmented as:
o North America
o Latin America
o Europe
o East Asia
o South Asia
o Oceania
o MEA
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The increasing demand for smart cots and cribs are boosting demand
The demand for smart cots and cribs is increasing due to the growing awareness of the importance of safety and comfort for babies. Smart cots and cribs are designed to provide a safe and comfortable sleeping environment for babies, with features such as adjustable heights, breathable mesh sides, and temperature control. They also come with additional features such as night lights, music players, and even Wi-Fi connectivity. The increasing demand for these products is being driven by parents who want to ensure their baby's safety and comfort while they sleep.
Key Insights on Global Baby Prams and Strollers Market
• Europe region is expected to reflect high attractiveness for baby prams and strollers market in the coming years. Government regulations, growing number of manufacturers of baby prams and strollers and increasing innovations are expected to drive the sales of baby prams and strollers in the region.
• Additionally, demand and use of baby prams and strollers in Asia Pacific excluding Japan (APEJ) region is projected to grow at high pace owing to increasing birth rate and reduced mortality rates in the region. Emerging economies such as China and India, marked by high birth rate, are expected to largely contribute to the growth of the APEJ baby prams ad strollers market, which is projected to expand at a value CAGR of 10.6% during the forecast period
• Multi-optional system strollers are witnessing significant demand owing to advanced features and high convenience delivered by the product. Sales of multi-optional system strollers are estimated to surpass US$ 2.2 Bn by end of 2026. However, standard strollers are expected to dominate the global market with slightly higher sales compared to multi-optional system strollers. Double/triple strollers are also gaining high traction as they provide features such as sun shades, enhanced shock absorbers and convenience
• With emergence of e-commerce, sales of baby prams and strollers have increased since past years. Consumers can purchase the product via online sales channel with ease and also avail offers and additional benefits such discounts and free accessories.
• The sales of baby prams and strollers through online sales channel is projected to increase at a rate during the forecast period. Baby boutiques have played a major role in growth of global market. Sales of baby prams and strollers through this channel are estimated to surpass US$ 1.4 Bn by 2026 end
• According to research, strollers and prams are largely used for babies that are between 6-12 months. The sales registered by this segment is expected to reach value of about US$ 2.4 Bn by end of forecast period
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