Baby Strollers Market to Grow at a CAGR of 5.07% During the Forecast Period
Increasing awareness for baby
safety products and rising demand of smart connected strollers to lead the
global baby stroller market during the forecast period.
According to TechSci Research report, “Baby Stroller Market - Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The global baby stroller market was
valued USD
3211.36 million in 2022 and is projected to grow at CAGR of 5.07% through 2028 is anticipated to grow in the forecast
period on account of rising nuclear families, ease of convenience, rising
female employment and changing lifestyle.
The strollers can be used for kids up to
three years old and are frequently used to carry infants. The market's
potential for growth is significantly impacted by an increase in the number of
newborns. According to the World Health Organization (WHO), worldwide child
survival rates have dramatically increased since 1990. Baby strollers are in
greater demand throughout Asia, but especially in India, China, and Bangladesh
as young parents become more aware of their advantages and the product's
expanding popularity. Standard strollers are full-sized and feature-rich
strollers suitable for all babies. These are classified as primary strollers
since they meet the need of newborn babies and toddlers. Lightweight strollers are more ideal for
on-the-go vacationers and working parents because they are compact, quick, and
easy to operate. Jogging
strollers are better suited to parents who lead an active and urban lifestyle.
It is particularly popular with joggers and trainers because the stroller has
adjustable suspension and a brake for a smooth ride when jogging. Travel systems are a practical answer
for families who travel frequently. It includes a car seat that fits onto the
stroller without disturbing the infant. It is an expensive stroller market
category.
Furthermore, purchasers are becoming
increasingly aware of stringent government regulations governing the safety
standards for these strollers. The United States Consumer Product Safety
Commission (CPSC) has created federal safety criteria for strollers, which
concerns the safety of a variety of components such as the latch/lock
mechanism, wheel attachment, parking brakes, seat belts, and hinges. As a
result, manufacturers are adopting and improving product in order to provide
parents with the highest level of safety assurance. Britax, for example, used
SafeCell Impact protection to create a more safer infant car seat.
Browse over 142 market data Figures
spread through 202 Pages and an in-depth TOC on the "Baby Stroller Market"
To increase their user base, several
brands are concentrating on developing distinctive or unique features. The
Cybex e-Priam, for instance, which was released in 2020, is the first
electronic stroller with a rechargeable battery that offers some assistance
when travelling up or down hills or when pushing is difficult. When a stroller
is being pushed, sensors in the push bar recognize it and turn on the support.
The global baby stroller market is
segmented based on product type, technology, distribution channel, region, and
competitional landscape. Based on product type, the market is further
fragmented into Lightweight, Standard, Jogging and Travel Systems. The market
is dominated by lightweight strollers as they are easy to carry and assemble.
Based on technology, the market is further
fragmented into Smart and Non-Smart. The market is dominated by non-smart
segment but in the forecasted period smart strollers’ segment will grow at
faster rate on the account of increasing technological advancement. Based on
distribution channel, the market is segmented into Supermarkets/Hypermarkets,
Specialty Stores, Multi-Branded Stores, Online and Others (Direct Sales).
Key market players in the Global Baby
Stroller Market include:
- Goodbaby
International Holdings Limited
- Artsana
S.p.A.
- Monahan
Products, LLC
- Newell
Brands Inc.
- Dorel
Industries Inc.
- Bugaboo
International B.V.
- Brevi Milano S.P.A.
- BumbleRide
Inc.
- Britax Child
Safety, Inc.
- Baby Trend
Inc.
The increased mobility of parents has increased the need for strollers
globally. However, young families' preferences for child transportation have
altered as a result of their tendency to travel light and simply with their
kids, which has further prepared the way for market expansion in a specific
industry known as travel system strollers. Due to their minimal weight and
comfort, baby strollers make travelling more convenient for consumers.
With the growing demand for
sustainability around the world, stroller manufacturers are shifting their
focus on the production of environmentally friendly products. They are more
expensive than normal strollers. They are devoid of BPA, PVC, lead, and
phthalates and meet kid safety standards.
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"Product innovation is a significant trend that is expected to have an
impact on growth over the forecast period. Expanding nuclear families,
technological developments in the baby care sector, and increasing use of baby
travel products are the leading factors that will have positive impact on the
Global Baby Stroller Market. Due to the wide range of products available to
meet specific needs of, as well as the growing popularity of the internet
channel, the market is growing.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
Baby
Stroller Market - Global Industry Size, Share, Trends, Competition
Opportunities and Forecast, 2018-2028F Segmented By Product Type (Lightweight,
Standard, Jogging and Travel Systems), By Technology (Smart and Non-Smart), By
Distribution Channel (Specialty Stores, Supermarkets and Hypermarkets, Online,
Multi-Branded Stores, and Others (Distributors & Dealers, etc.)), By Region,
Competition,
has
evaluated the future growth potential of the global baby stroller market and provides statistics and information on market structure, size, share,
and future growth. The report is intended 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 present in the baby stroller market
globally.
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