Global Baby Cribs & Cots Market to 2026 - Featuring Artsana Group, Delta Children and Mothercare Among Others - ResearchAndMarkets.com

During the forecasted period of 2021-2026, the market is forecasted to grow at a CAGR of 5.10% till 2026.

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Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Monday, January 31, 2022
Information
Tags: 
Retail, Consumer, Home Goods, Department Stores, Parenting, Children, Baby, Maternity, Growth, Lists of countries and territories, USD, Income, Research, Population, CAGR, Toy
Geotags: 
NORTH AMERICA, EUROPE, LATIN AMERICA
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Summary
Key Points: 
  • During the forecasted period of 2021-2026, the market is forecasted to grow at a CAGR of 5.10% till 2026.
  • Globally the baby cribs and cots market have been growing steadily with very little impetus driven by growing baby 0-4 years population and increasing personal disposable income in growing economies.
  • The market is majorly driven by the growing demand for convertible cribs and cots which accounted for 53.92% of the total market in 2015.
  • Historically the fastest growing market was mini cribs and cots which grew at a CAGR of roughly 3%.


The "Global Baby Cribs & Cots (Standard, Convertible / Multipurpose, Portable, Mini) Market Outlook, 2026" report has been added to ResearchAndMarkets.com's offering.

This report analyses the market based on the segment of the region, products, sales channels, and companies. The regions covered during the study of the market are namely- North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The most prominent products found in the market were standard cribs & cots, convertible cribs & cots, mini cribs and cots, and portable cribs and cots. The different sales channels considered are supermarkets/hypermarkets, specialty stores, and online & others.

Companies Mentioned

  • Artsana Group
  • Bivona & Company
  • Delta Children
  • Dorel Industries (Juvenile)
  • Dream On Me
  • Goodbaby International
  • Graco Children's Products Inc.
  • Million Dollar Baby
  • Mothercare PLC
  • Natart Juvenile

In developing countries especially the demand for baby cribs & cots have inclined considerably, with the increase in disposable income. These products are considered to be multipurpose and thus the market value was evaluated to be more than USD 1200 Million in 2020. Engaging in research & development, the manufacturers are now focusing on developing models with adjustable mattress levels which can house the baby as it grows.

Further, the companies are also focusing engaging on adding several functionality and features in baby cribs and cots such as wheels for mobility, side rails that prevent the baby from falling over, extended sleeping area, and various others. During the forecasted period of 2021-2026, the market is forecasted to grow at a CAGR of 5.10% till 2026. Owing to the rising demand the manufacturers are also focusing on eco-friendly products which are made from non-toxic paints and sustainable woods which do not have any adverse effects on the baby.

Globally the baby cribs and cots market have been growing steadily with very little impetus driven by growing baby 0-4 years population and increasing personal disposable income in growing economies. The market is majorly driven by the growing demand for convertible cribs and cots which accounted for 53.92% of the total market in 2015. Historically the fastest growing market was mini cribs and cots which grew at a CAGR of roughly 3%. It has been further forecasted that the mini cribs and cots segment will continue to grow rapidly during the forecast period as well by registering a CAGR growth of more than 6.00%.

The major sales channels are the specialty stores which contribute the highest to the total market revenue. It has been further forecasted that the online sales channels will continue to be growing at the fastest rate of 7.14% during the forecast period of 2021 to 2026 and is expected to generate sales worth USD 330.10 Million by 2026. Specialty stores will play a crucial role in driving the market forward and are anticipated to grow at a CAGR of 4.12%.

With the given, non-essential nature of the product, only such economies are driving the market forward who have greater spending capacity. The USA which is pretty much the trendsetter in North America accounts for about 1/4th of the total global market. Similar dynamics can also be observed in other economically prominent countries in Europe which enjoy a high personal disposable income. Even though the income levels in emerging economies in the Asia Pacific, and Latin America are expected to grow steadily, the usage of such baby discretionary products is expected to have lesser penetration, at least in the short term.

Key Topics Covered:

1. Executive Summary

2. Report Methodology

3. Market Structure

3.1. Market Considerate

3.2. Market Definitions

4. Global Baby Cribs & Cots Market Outlook

4.1. Market Size by Value

4.2. Market Share

4.2.1. By Sales Channel

4.2.2. By Region

4.2.3. By Country

4.2.4. By Company

5. North America Baby Cribs & Cots Market Outlook

6. Europe Baby Cribs & Cots Market Outlook

7. Asia Pacific Baby Cribs & Cots Market Outlook

8. Latin America Baby Cribs & Cots Market Outlook

9. Middle East & Africa Baby Cribs & Cots Market Outlook

10. Market Dynamics

10.1. Key Drivers

10.2. Key Challenges

11. Market Trends and Developments

12. Company Profiles

13. Company Overviews

14. Strategic Recommendations

15. Related Reports

16. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/5eh2du

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