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Baby Safety Devices Market worth $26.24 billion by 2030, growing at a CAGR of 7.98% - Exclusive Report by 360iResearch

03-06-2024 06:19 AM CET | Consumer Goods & Retail

Press release from: 360iResearch

Baby Safety Devices Market | 360iResearch

Baby Safety Devices Market | 360iResearch

The "Baby Safety Devices Market by Type (Baby Monitors, Bathroom Safety, Bedrails Prevention), Distribution Channel (Offline, Online), End User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Baby Safety Devices Market to grow from USD 15.32 billion in 2023 to USD 26.24 billion by 2030, at a CAGR of 7.98%.

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Baby safety devices refer to a wide array of specially designed tools, equipment, and mechanisms to help safeguard infants and toddlers from hazards and potential harm. These devices cater directly to the need to protect babies from accidents, particularly in their most vulnerable early development stages when their curiosity and mobility increase while their understanding of risk remains minimal. With increasing disposable income and an intense focus on child safety, the baby safety devices market holds the potential for positive expansion. The bolstering adoption of bedrail prevention and baby monitors in nursing homes, and hospitals focused on child safety fosters the growth of the global baby safety devices market. However, the prevalence of substandard counterfeit products and rigorous regulations across the regions hamper the growth of baby safety device businesses. Besides restraining factors, innovative breakthroughs in smart and IoT technology and endeavors to unlock cost-effective and premium quality devices strengthen consumer trust while creating lucrative opportunities for the baby safety devices market.

The Americas have shown a strong affinity for baby safety devices, mainly attributed to rising awareness of infant safety and the technological advancements in baby care products. The United States contributes to the market with its high standards in product quality, strict safety regulations, and escalating number of nuclear families. The surge in dual-income households has also contributed to the region's demand for high-quality baby safety devices. The EMEA region has also experienced a robust demand for baby safety devices, with economies including Germany and the UK prioritizing child safety needs. Additionally, the strong presence of global manufacturers in these regions has made a wide variety of safety devices easily accessible and has fostered the growth of the baby safety devices market. The adoption of baby safety devices in the Middle East and Africa is guided by increasing infant population, economic growth, and rising knowledge about child safety. The Asia-Pacific region has seen substantial growth in the baby safety devices market, buoyed by increased urbanization and growing disposable incomes. Moreover, there is an increasing awareness about baby safety standards and a rise in the number of newborns, particularly in emerging countries such as China and India, expanding the scope of baby safety devices in the region.

Market Segmentation & Coverage:

This research report categorizes the Baby Safety Devices Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Baby Monitors, Bathroom Safety, Bedrails Prevention, Car Seat Safety, Child Proofing Electrical Outlets, Child Proofing Gates, Door Protection, Furniture Guards, Kitchen Safety, Pool Safety, Smoke Alarms & Carbon Monoxide Detectors, and Window Protection. The Bathroom Safety is further studied across Cabinet & Drawer Locks, Faucet Covers, Scald Detectors, and Toilet Locks. The Child Proofing Electrical Outlets is further studied across Outlet Plates, Outlet Plugs & Covers, and Power Strip Covers. The Child Proofing Gates is further studied across Hardware-Mounted Gates and Pressure-Mounted Gates. The Door Protection is further studied across Door Knob Covers and Door Locks. The Furniture Guards is further studied across DVD/VCR Protectors, Edge & Corner Guards, and Tip Guards or Anchors. The Kitchen Safety is further studied across Appliance Protectors and Drawer & Cabinet Locks. The Pool Safety is further studied across Pool Alarms, Pool Cover, and Pool Fences. The Window Protection is further studied across Cord Protection and Window Guards. The Bedrails Prevention is projected to witness significant market share during forecast period.

Based on Distribution Channel, market is studied across Offline and Online. The Offline is projected to witness significant market share during forecast period.

Based on End User, market is studied across Assisted Living Facility, Homecare Settings, Hospitals, and Nursing Homes. The Hospitals is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Baby Safety Devices Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Baby Safety Devices Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Baby Safety Devices Market, highlighting leading vendors and their innovative profiles. These include AmSafe Inc., Argos Limited, Artsana Group, Baby Cache, Baby Jogger, Baby Trend, Inc., BabySecure, Baby's Dream Furniture, Britax Child Safety, Inc., CenTrak, Inc., Combi Corporation, Cosatto Ltd., Coswell SpA, Dorel Industries Inc., Graco Children's Products Inc., iBaby Labs, Inc., Infant Optics, Jané Group, KidCo, Inc., Koninklijke Philips N.V., Motorola Mobility LLC, Nuna Intl BV, Panasonic Holdings Corporation, Peg Pérego S.p.A., Regal Lager, Inc., Samsung Electronics Co., Ltd., and VTech.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Baby Safety Devices Market, by Type
7. Baby Safety Devices Market, by Distribution Channel
8. Baby Safety Devices Market, by End User
9. Americas Baby Safety Devices Market
10. Asia-Pacific Baby Safety Devices Market
11. Europe, Middle East & Africa Baby Safety Devices Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Baby Safety Devices Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Baby Safety Devices Market?
3. What is the competitive strategic window for opportunities in the Baby Safety Devices Market?
4. What are the technology trends and regulatory frameworks in the Baby Safety Devices Market?
5. What is the market share of the leading vendors in the Baby Safety Devices Market?
6. What modes and strategic moves are considered suitable for entering the Baby Safety Devices Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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