Press release
India Baby Mobility Equipment Market Outlook to 2022-ken Research
MeeMee Sales Prams
India Baby Mobility Equipment Market
Indian baby mobility equipment industry is currently in its growth stage with large presence of unorganized players and concentrated organized segment. Market size of baby mobility equipment in India has enhanced from INR ~ billion in FY’2012 to INR ~ billion in FY’2017 posting a significant CAGR of ~% over the period. The market has been boosted by presence of several international players such as Chicco, Graco, Hauck, Jane and many others. Baby mobility equipment industry has been boosted by the entry of Firstcry and Babyoye in the online baby retail space followed the offline presence of ~ points of sales. The market is mainly import driven (especially prams/strollers and EROs) where people import the products and sell by the names of their respective brands/labels. Organized players in the space tend to follow regional distributor cum direct retail distribution channel (online+ MBO/EBO) in order to maximize revenue
India Baby Mobility Equipment Market Segmentation
By Product: Prams/strollers and walkers have contributed ~% to the overall baby mobility equipments market over the period FY’2012-FY’2017. Strollers make it extremely easy for parents to carry their babies wherever they go. Therefore large demand coupled with high average ticket size has enhanced the share of baby strollers in the overall market from ~% in FY’2012 to ~% in FY’2017.
By Metro and Non- Metro Cities: Metro cities have accounted for a revenue share of ~% in the market for baby mobility equipments in India during FY’2017. Focus of all the major players in the market has been on metro cities as they generate the biggest demand for baby mobility products due to high per capita income of parents and large baby population.
By Organized and Unorganized Sector: The market for baby mobility equipments in India is largely unorganized. In FY’2017, the unorganized sector has accounted for a share ~% of the market. However, the share of unorganized sector has been gradually declining as consumer preferences have shifted towards renowned brands in the market as they symbolize those brands with the quality. Despite being price sensitive, consumers have become conscious towards the product quality that they are purchasing for their babies.
By Distribution Channels (Retail and Online)
As of FY’2017, around ~% of the revenue of the baby mobility equipment is generated through retail sales. On the other hand, online sales have accounted for a revenue share of ~% during FY’2017.
Competition
Chicco, Me n Moms (MeeMee), Sunbaby, Toyhouse, Bajaj (BSA), Mothercare, Panda, R for Rabbit, Graco, Fisher Price, BabyOye, Firstcry, Britax, Jane, Mothertouch, Hauck, Babyhug, Baby Steps, Fun Ride, Cosmo, Fab n Funky, Luv Lap, Toyzone, Smartrike, Luusa, OK Play, Marktech are some of the organized players operating in this space.
Future Outlook for India Baby Mobility Equipment Market
Indian baby mobility equipment has been poised to grow at a faster CAGR of ~% over the period FY’2017-FY’2022 compared to ~% over the period FY’2012-FY’2017. The baby mobility equipment sector has been anticipated to become more organized as players such as Chicco, Graco, Me n Moms, Sunbaby and others enhance their presence in the market. Organic and Inorganic expansion plans laid down by Mahindra Retail will further supplement the growth in online space and in offline retail space in the next five years. Focus of players will become more hybrid in terms of distribution as the companies will look to penetrate the growing online space over the coming years. More private label brands by the online players similar to Babyhug (Firstcry) and Fab n Funky (Firstcry) will be launched in order to generate higher margin. Some consolidation may also be witnessed in future among the organized players.
Key Topics Covered in the Report:
Market Size of India Baby Mobility Equipment Market by Revenue
List of All Major players in India Baby Mobility Equipment Market with their Best Selling Products, USPs and Prices
Value chain Analysis of India Baby Mobility Equipment Market
India Baby Mobility Equipment Market Segmentation by Products
India Baby Mobility Equipment Market Segmentation by Metro and Non Metro Cities
India Baby Mobility Equipment Market Segmentation by Organized and Unorganized Sector
India Baby Mobility Equipment Market Segmentation by Mode of Distribution
Manufacturing Clusters in India baby Mobility Equipment Market
Target Audience, Customer Insight and Market Scenario for Prams/Strollers, Baby Walkers, Children Ride-ons and Tri-cycles in India
Market Share of Major Players in India Baby Mobility Equipment Market with their Strengths and Weaknesses
Company Profiles Major Players in India Baby Mobility Equipment Market with Focus on USP, Raw Material Sourcing, Revenue Split by Products, average Monthly Sale and Others
Analyst Recommendation for a New entrant
Future Outlook and Projections of India Baby Mobility Equipment Market
Developments Innovations in Ride Ons
India Electric Ride Ons Market
Competition Sun Baby Pram
Exclusive brand outlet sales Chicco
MeeMee Sales Prams
Online Stroller Sales in India
Baby Toy Market in India
Online Baby and Kids Stores in India
Competition Bajaj Tricycles in India
Future Baby Toys Market
Kids Online Shopping Market
Best Seller Baby Pram in India
Pram and Stroller Best Seller brand Online
For More Details visit on : https://www.kenresearch.com/consumer-products-and-retail/baby-care/india-baby-mobility-equipment-market/107364-95.html
Related Reports by Ken Research
India Online Fashion Market to 2021 - Elevating Sales in Tier II and Tier III Cities is expected to Fuel the Market in Future
Asia-Pacific Baby Hygiene Industry Outlook to 2020 - Rising Expenditure on Baby Hygiene with Better Health and Safety Standards to Drive Growth
India Maternity and Baby Care Industry Outlook to 2018 - Hybrid Expansion of Retail and Online Channels to Lead Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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