Press release
Baby Carriers Global Market Report 2024 - By Report, Demand, Share, Growth, Forecast To 2033
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Baby Carriers Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $1.16 billion In 2028 At A CAGR Of 5.1%.
The baby carriers market size has grown steadily in recent years. It will grow from $0.9 billion in 2023 to $0.95 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to changing lifestyle trends, safety and comfort, rising birth rates, product innovation, parental involvement trends.
The baby carriers market size is expected to see strong growth in the next few years. It will grow to $1.16 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to eco-friendly and sustainable materials, global population trends, e-commerce expansion, health and wellness focus, cultural influences.. Major trends in the forecast period include integration of baby health and wellness features, online retail and direct-to-consumer sales, customization options, safety standards and certifications, collaborations with parenting influencers.
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Baby Carriers Market Major Segments
The baby carriers market covered in this report is segmented -
1) By Types: Buckled Baby Carrier, Baby Wrap Carrier, Baby Sling Carrier, Backpack Carriers
2) By Price Point: Mass, Premium
3) By Sales Channel: Supermarkets And Hypermarkets, Specialty Stores, Online Stores, Other Sales Channels
Key Driver - Baby Carrier Market Surges With The Rise Of Nuclear Households
The growing number of nuclear households is expected to propel the growth of the baby carrier market going forward. A nuclear household refers to a unit of the family made up of two parents and their offspring but excluding grandparents, aunts, uncles, etc. Baby carriers are a great tool for working mothers and those with a nuclear family as it helps to carry their children and work on household chores. So, the increasing number of nuclear families will rise the demand for baby carriers. For instance, in June 2022, according to the Australian Bureau of Statistics, an Australia-based independent constitutional organization, there were 7.3 million households that existed in June 2022, an increase of 1 million (15.3%) from June 2012. Of these, 6.2 million (84.2%) were couple-headed households, and 1.0 million (14.2%) were one-parent households, with single mothers making up 79.9% of them. Therefore, the growing number of nuclear households is driving the baby carrier market.
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Prominent Trend - Product Innovations Transforms The Market
Product innovation is the key trend gaining popularity in the baby carrier market. Major companies operating in the baby carrier market are focused on developing innovative products to strengthen their position in the market. For instance, in January 2021, Ergo baby Inc., a US-based organization specializing in creating and selling baby carriers and other components, launched the Ergobaby Aerloom carrier. Ergobaby Aerloom is designed to complement parents' everyday activities, enabling them to lead busy, on-the-go lifestyles with babies while still feeling like themselves. The carrier is expertly produced from superior Formaknit Fabric, a machine-knit fabric that is lightweight yet durable and created by smoothly connecting yarn strands into distinctive designs. Aerloom provides unrivaled flexibility, support, and breathability, letting parents keep their babies near without adding strength. The other advantages are reduced carbon footprint, lightweight, adaptability, Adjustments to the growth of the infant, extraordinary comfort, and intuitive design.
Baby Carriers Market Players
Major companies operating in the baby carriers market report are Artsana Group, BabyBjörn AB, ERGO Baby Inc., Lalabu LLC, Goodbaby International Holdings Limited, Moby Wrap Inc., Baby K'tan LLC, SNUGGbaby SSM, Infantino LLC, Tomy Company Ltd., Chimpäroo, Evenflo Company Inc., Bitybean LLC, Baby Tula EU, Hot Slings LLC, Beco Baby Carrier Inc., Boba Inc., LILLEbaby, Stokke AS, Luluna Slings, Natibaby, kokadi GmbH & Co. KG, Catbird Baby, Olives and Applesauce, Rose and Rebellion, ObiMama LLC, Naked Panda Designs LLC, TwinGo LLC .
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Largest And Fastest Growing Region In The Market
North America was the largest region in the Baby Carriers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the baby carrier market report during the forecast period. The regions covered in the baby carriers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Baby Carriers Market Report Structure
3. Baby Carriers Market Trends And Strategies
4. Baby Carriers Market - Macro Economic Scenario
5. Baby Carriers Market Size And Growth
…..
27. Baby Carriers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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