Baby Carrier Market | Leading Segments, Trends, Drivers and Challenges
Lalabu LLC, lillebaby LLC, R for Rabbit Baby Products Pvt. Ltd., The ERGObaby Carrier Inc., and TOMY International Inc. are some of the key market vendors
The baby carrier market is expected to grow by $ 190.54 million, accelerating at a CAGR of almost 4% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments.
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Baby Carrier Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by Product (Buckled baby carrier, Baby wrap carrier, and Baby sling carrier), Distribution Channel (Online and Offline), and Geography (Europe, North America, APAC, South America, and MEA).
- 36% of the market growth will originate from APAC during the forecast period. China and Japan are the key markets for baby carriers in the region. Market growth in this region will be faster than the growth of the market in other regions owing to several factors such as rapid urbanization, changes in lifestyles, dual-income households, and an increase in nuclear families.
- This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Baby Carrier Market size.
Baby Carrier Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Innovation and portfolio extension will be a significant factor in driving the growth of the Baby Carrier Market. Portfolio extension by the market players has also led to product premiumization as vendors strategize to manufacture carriers with ergonomic designs and add-on features. Therefore, the introduction of innovative features will propel the growth of the global baby carrier market during the forecast period.
- Rise in demand for multi-functional baby carriers will be instrumental in driving market growth during the forecast period.
- The use of advanced technologies in baby carriers is a key trend that will drive market growth. Technologies such as smart connectivity are being incorporated in baby carriers, for example, BabyMoon Carriers came up with the first smart baby carrier, which uses e-Textile sensors in their ergonomic baby carrier that collects and sends the data about the infant's vitals to the parent's smartphone. The vendors operating in the baby carrier market are also focusing on adhering to the safety standards while manufacturing eco-friendly baby carriers, which do not use synthetic dyes, formaldehyde, and perfluorinated chemicals (PFCs).
- Limited life cycle of baby carriers is a hurdle that needs to be crossed on the path to success, however with the advent of innovative multi-functional products the life-span of these products can be stretched for a few years. Moreover, marketing it is as an indispensable utility product will further help to mitigate this issue.
Baby Carrier Market: Vendor Analysis
- The market is fragmented.
- Artsana Spa, BabyBjörn AB, BREVI MILANO Spa, BRITAX ROMER Kindersicherheit GmbH, Combi Corp., Lalabu LLC, lillebaby LLC, R for Rabbit Baby Products Pvt. Ltd., The ERGObaby Carrier Inc., and TOMY International Inc. are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
Key Areas Covered in our Report:
- Baby Carrier Market Split by Product
- Buckled baby carrier
- Baby wrap carrier
- Baby sling carrier
- Baby Carrier Market Split by Distribution Channel
- Baby Carrier Market Split by Geography
- Europe
- North America
- APAC
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Artsana Spa
- BabyBjörn AB
- BREVI MILANO Spa
- BRITAX ROMER Kindersicherheit GmbH
- Combi Corp.
- Lalabu LLC
- lillebaby LLC
- R for Rabbit Baby Products Pvt. Ltd.
- The ERGObaby Carrier Inc.
- TOMY International Inc.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of over 4%.
- What is the incremental growth of the market?
The market is expected to grow by $ 190.54 mn through 2021-2025.
- What is a key factor driving this market?
innovation and portfolio extension will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
Europe, North America, APAC, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
36% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Artsana Spa, BabyBjörn AB, BREVI MILANO Spa, BRITAX ROMER Kindersicherheit GmbH, Combi Corp., Lalabu LLC, lillebaby LLC, R for Rabbit Baby Products Pvt. Ltd., The ERGObaby Carrier Inc., and TOMY International Inc.
- What are the market segments covered in this report?
The market is segmented by Product (Buckled baby carrier, Baby wrap carrier, and Baby sling carrier), Distribution Channel (Online and Offline), and Geography (Europe, North America, APAC, South America, and MEA)
Baby Carrier Market Size to Grow by $ 190.54 Million through 2021-2025 | Forecast and Trend Analysis
Technavio has been monitoring the baby carrier market and it is expected to grow by $ 190.54 Million, accelerating at a CAGR of almost 4.04% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking.
Baby Carrier Market: Receive Free Sample Report
Baby Carrier Market: Emerging Trends to Impact Market Growth
Innovation and portfolio extension leading to product premiumization are factors that will drive market growth. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The rise in demand for multi-functional baby carriers will facilitate the baby carrier market growth in APAC. China and Japan are the key markets for baby carriers in the region. Growth by the buckled baby carrier segment has been significant and is expected to provide further growth during the forecast period. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.
Baby Carrier Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Artsana Spa, BabyBjörn AB, BREVI MILANO Spa, BRITAX ROMER Kindersicherheit GmbH, Combi Corp., Lalabu LLC, lillebaby LLC, R for Rabbit Baby Products Pvt. Ltd., The ERGObaby Carrier Inc., and TOMY International Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
For more insights into this market:Download a Free Sample Report
