Baby Stroller And Pram Market in Europe | Growth Analysis
Trends, Drivers and Vendor Forecasts for 2021-2025
Accelerating at a CAGR of over 5%, the baby stroller and pram market in Europe is expected to grow by post an incremental growth of $ 348.03 million over the next five years. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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Baby Stroller And Pram Market in Europe: Market Segments and Key Trends
The research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth. The market is segmented by Product (Baby comfort stroller, Baby buggies, Baby compact pram, Baby 3-wheeler stroller, and Baby tandem stroller), Distribution Channel (Offline and Online), and Geography (Germany). Germany will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. However, low profit margins is one of the challenges that will need to be overcome to drive growth.
Baby Stroller And Pram Market in Europe: Leading Factors to Drive Market Growth
One of the primary factors that will drive market growth is the multifunctionality features. In addition, the Advent of smart strollers will emerge as a key trend in the baby stroller and pram market in Europe . This research report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.
Vendor Analysis: Artsana Spa, Bugaboo International BV and Grupo Bebecar S.A. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. 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, Bugaboo International BV, Grupo Bebecar S.A., iCandy, Joolz, Mothercare Plc, Newell Brands Inc., PPH ARO Karon Sp. J., RECARO Holding GmbH, and Silver Cross (UK) Ltd. are some of the major market participants.
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Baby Stroller And Pram Market in Europe: Key Highlights of the Report for 2021-2025
The report provides insights into the following FAQs: