Baby Cribs and Cots Market to Grow with a CAGR of 5.42% Globally through 2028
Growing awareness of child safety and increasing
popularity for multi-functional products are the factor driving the global baby
cribs and cots market in the forecast period 2024-2028.
According to TechSci Research report, “Global Baby
Cribs and Cots Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Baby Cribs and Cots Market stood at USD
1.40 billion in 2022 and is anticipated to grow with a CAGR of 5.42% in the
forecast period, 2024-2028. The global baby cribs and cots market is a vital
segment of the childcare industry, offering essential nursery furniture for
infants. This market is driven by factors like safety concerns, regulatory
compliance, premiumization of products, urbanization, and the rise of
e-commerce. Safety standards are a top priority, while rising disposable
incomes lead to premium features and designs. Urban living necessitates space-saving
solutions, driving demand for convertible and modular designs. E-commerce and
online retailing provide convenience for parents. Sustainable materials and
gender-neutral designs are increasingly sought after. North America leads the
market due to high birth rates and consumer affluence.
One of the fundamental drivers in the global baby
cribs and cots market is the paramount concern for infant safety during sleep.
Parents and caregivers understand the critical role that cribs and cots play in
ensuring the well-being of their babies. This heightened awareness has led to a
growing demand for products that meet stringent safety standards.
Ensuring the safety of infants during sleep is
paramount. The market has been driven by heightened safety concerns among
parents and caregivers, prompting a surge in demand for cribs and cots that
adhere to stringent safety standards. Organizations like the Consumer Product
Safety Commission (CPSC) in the United States have set rigorous guidelines to
minimize potential hazards. Manufacturers continuously innovate, incorporating
features such as adjustable mattress heights, teething rails, and anti-pinch
mechanisms to enhance safety. Moreover, the use of non-toxic, eco-friendly
materials and finishes has become increasingly prevalent to address
environmental concerns. As parents become more educated about crib safety, they
are willing to invest in high-quality products that offer peace of mind.
The global baby cribs and cots market is experiencing
a notable trend toward premiumization. As disposable income levels rise in many
regions, parents are increasingly seeking products that not only fulfill
functional needs but also offer aesthetic appeal and advanced features. This
shift in consumer preferences has prompted manufacturers to create cribs and
cots with innovative designs, luxury materials, and advanced technology.
Premium cribs and cots often come equipped with
features like built-in sound systems, adjustable lighting, and convertible
designs that can transform the crib into a toddler bed or other configurations,
extending their usability and value. Parents are more willing to invest in
high-end nursery furniture that enhances the overall ambiance of their baby's
room and provides a sense of luxury and comfort.
The trend of urbanization is another significant
driver of the global baby cribs and cots market. In densely populated urban
areas, living spaces are often smaller, and parents are faced with the
challenge of optimizing space while still providing a comfortable environment
for their babies. This has led to an increased demand for compact and
space-saving crib and cot designs.
Convertible cribs and cots that can be easily folded
or transformed into smaller configurations are gaining popularity in urban
settings. These multifunctional options allow parents to make the most of
limited space without compromising on the comfort and safety of their infants.
As urbanization continues to shape the way people live, the market will likely
see further innovation in space-efficient nursery furniture.
Browse over XX market data Figures
spread through XXX Pages and an in-depth TOC on "Global Baby Cribs and Cots Market”.
The global baby cribs and cots market is segmented
into product, material, sales channel, regional distribution, and company.
Based on sales channel, the market is segmented into hypermarkets/supermarkets,
online, specialty stores, others (direct sales, etc.).
The fastest-growing segment in the global baby cribs
and cots market is undoubtedly the online retail sector. With the proliferation
of e-commerce platforms, consumers are increasingly turning to online channels
to purchase nursery furniture. This trend has been significantly accelerated by
the COVID-19 pandemic, which prompted a surge in online shopping.
Online shopping offers convenience, extensive product
choices, and the ability to compare prices and read reviews from the comfort of
one's home. Manufacturers and retailers have adapted to this trend by enhancing
their digital presence, providing detailed product information, and improving
customer service. As consumer preferences continue to shift toward online
retailing, it is poised to remain the fastest-growing segment in the baby cribs
and cots market.
Major companies operating in Global Baby Cribs
and Cots Market are:
- Delta Children's Products Corp.
- Graco Childrens Products Inc
- Natart Juvenile, Inc.
- Artsana S.p.A.
- Goodbaby International Holdings Limited
- Stokke LLC
- Dream On Me Inc.
- East Coast Nursery Ltd.
- Silver Cross (Fosun International Ltd.)
- Goodbaby International Holdings Limited
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“The global baby cribs and cots market is a dynamic
industry influenced by various factors. Safety remains paramount, with
stringent regulatory compliance being a challenge and driver. Rising disposable
incomes drive premiumization, while urbanization fuels demand for
space-efficient designs. The rise of e-commerce and online retailing is
reshaping how consumers shop for these products. Moreover, innovations like
smart cribs and modular designs cater to changing consumer preferences, while
sustainability gains traction with eco-friendly materials. Gender-neutral and stylish
designs reflect evolving aesthetics. North America dominates the market due to
its high birth rate, affluent population, and brand presence. Overall, this
market continues to evolve to meet the diverse and evolving needs of parents
and caregivers worldwide,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“Baby
Cribs and Cots Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Product (Portable, Convertible, Standard,
Multifunctional), By Material (Plastic, Metal, Wood, Other), By Sales Channel (Hypermarkets/Supermarkets,
Online, Specialty Stores, Others (Direct Sales, etc.)), By Region, Competition”,
has evaluated the future growth potential of global baby cribs and cots market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global baby cribs and cots market.
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