Baby Prams and Strollers Market Revenue to Top US$ 8.79 Billion at a 5.9% CAGR by 2033

The global baby prams and strollers market is predicted to expand at a CAGR of 5.9% and hit a valuation of US$ 8.79 billion by 2033, up from US$ 4.95 billion in 2023. Baby prams and strollers, sometimes known as baby carriers, are modes of transportation meant to move a baby or toddler.

A pram is used to move infants, whereas strollers are used to transport children aged three and up.
Nuclear families and single-parent households have to manage a range of responsibilities while caring for their newborns and toddlers. As a result, parents seek out baby care items to make their life simpler and more convenient. One of their primary concerns is transporting the child from one location to another.

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Incorporation of multiple functionalities and innovations in baby prams and strollers, coupled with high use of these products by single parents and nuclear families is expected to drive the growth of the global market. E-commerce is expected to drive sales of baby prams and strollers in the coming years. Convenience provided by E-commerce sales channels in combination with buy back and replacement benefits is expected to drive the sale of baby prams and strollers.

Competitive Landscape:
Major players in the global baby prams and strollers market are concentrating on expanding their global footprint through R&D support, technological advancements, product introductions, and competitive pricing.

• Thule released the redesigned Thule Shine city stroller in September 2022. According to the company, this small stroller was created for convenience in the city for newborns to toddlers. The stroller is compact and lightweight, with an attractive design that makes it excellent for navigating all situations.
• Mercedes AMG GT introduced a limited-edition stroller in May 2022 in conjunction with Hartan, a luxury and well-known stroller company. This design is meant to be inspired by AMG vehicles. This product includes a movable seat unit for the baby to sit or lay down in and a dinamica microfiber upholstery for the seat inside, which Mercedes utilize for the fabric of their seats.
• Silver Cross released the Dune and Reef strollers in March 2022. According to the firm, Dune is the Silver Cross small, feature-filled travel system suitable for urban families or those looking for a space-saving pushchair. Dune's world-class agility and minimalist elegance make it ideal for infants, allowing parents to go out with ease.

Key Companies Profiled:
• Artsana S.p.A
• Baby Trend
• Evenflo Company, Inc
• Graco Children's Products Inc
• Baby Jogger

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Key Segments of Baby Prams and Strollers Industry Research:

· By Product Type :
• Lightweight Strollers
• Jogging Strollers
• Standard Strollers
• Double/Triple Strollers
• Multi-optional System Strollers

· By Age :
• 0 to 6 Months
• 6 to 12 Months
• 12 to 36 Months

· By Sales Channel :
• Baby Boutiques
• Specialty Stores
• Modern Trade
• Departmental Stores
• Mono-brand Stores
• Online Retailers

· By Region :
• North America
• Latin America
• Europe
• Asia Pacific & China
• Middle East & Africa

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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

How Fact.MR Assists in Making Strategic Moves For Baby Prams and Strollers Market Manufacturer?

• The data provided in the Baby Prams and Strollers market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
• The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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This release was published on openPR.