Baby stroller and pram market size to grow by USD 1438.82 million from 2022 to 2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics

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17 Jan, 2023, 15:30 ET

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NEW YORK, Jan. 17, 2023 /PRNewswire/ -- The global baby stroller and pram market size is estimated to increase by USD 1,438.82 million. The market's growth momentum will progress at a CAGR of 6.12%.

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Global baby stroller and pram market - Customer landscapeTo help companies evaluate and develop growth strategies, the report outlines –

Global baby stroller and pram market – Vendor analysisVendor Landscape - The global baby stroller and pram market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer baby stroller and pram in the market are Artsana Spa, Baby Bunting Group Ltd., Baby Trend Inc., BRITAX ROMER Kindersicherheit GmbH, Bugaboo North America Inc., Combi Corp., CYBEX GmbH, Dorel Industries Inc., Evenflo Co. Inc., HunyHuny Overseas Pvt. Ltd., Inglesina USA Inc., Johnston Prams and Buggies Ltd., Newell Brands Inc., Nuna International BV, Peg Perego SpA, Pigeon Stroller, Reliance Retail Ltd., SND Digital Retails LLP, Summer Infant Inc., and TRIOS VENTURES PTY LTD and others.The global baby stroller and pram market is at its growing stage. This implies that the market in focus is characterized by the changing lifestyles coupled with rise in single-parent and nuclear families, innovation and portfolio extension leading to premiumization of products, and the growing demand for multifunctional baby strollers.

Vendor offerings -

Global baby stroller and pram market - Segmentation assessment

Segment OverviewTechnavio has segmented the market based on distribution channel (offline and online), end-user (baby comfort stroller, baby buggies, baby comfort pram, baby 3-wheeler stroller, and baby tandem stroller), and geography (Europe, North America, APAC, South America, and Middle East and Africa).

Geography overviewBy geography, the global baby stroller and pram market is segmented into Europe, North America, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global baby stroller and pram market.

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Global baby stroller and pram market– Market dynamicsLeading drivers - The changing lifestyles coupled with the rise in single-parent and nuclear families are notably driving the market growth. Single-parent households and nuclear families look for baby care options that could simplify and make their lives easier. One of their biggest concerns is getting the child from one place to another. Strollers and prams are the most popular choices among parents for conveniently and comfortably transporting infants. The demand for baby strollers and prams is being driven by the rising number of nuclear families and single parents around the world. This trend is expected to significantly contribute to the market's growth over the forecast period.

Key trends - Emerging demand for eco-friendly strollers is the key trend in the market. In order to prevent their children from being hurt, modern parents are very concerned about the materials used to build baby strollers. Parents of newborns are curious about the manufacturing processes, dangers associated with the chemicals used in the stroller's production, and stroller reusability while buying a stroller for their infant. As a result, businesses that offer baby strollers place a greater emphasis on adhering to safety regulations and providing clients with baby strollers that are environmentally friendly. Due to the recent trend of adopting eco-friendly baby items, including strollers, there will be an increase in demand for this sort of stroller throughout the projected period.

Major challenges - The short life cycle of baby strollers and prams is the major challenge in the market. Baby equipment like strollers and cradles need to be adjusted to a child's age, weight, and size because babies grow quickly. Furthermore, it is uneconomical for customers to frequently change the stroller's size due to the high price of baby strollers and prams. Baby strollers have expiration dates, and customers are advised not to use them once they reach their expiry dates as, over time, the sun can damage the products. Customers may opt not to purchase baby strollers or prams as a result, which may reduce the volume of these products' sales over the forecasted period.

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Baby Stroller And Pram Market Scope

Report Coverage

Details

Page number

165

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.12%

Market growth 2023-2027

USD 1438.82 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.06

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 32%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Artsana Spa, Baby Bunting Group Ltd., Baby Trend Inc., BRITAX ROMER Kindersicherheit GmbH, Bugaboo North America Inc., Combi Corp., CYBEX GmbH, Dorel Industries Inc., Evenflo Co. Inc., HunyHuny Overseas Pvt. Ltd., Inglesina USA Inc., Johnston Prams and Buggies Ltd., Newell Brands Inc., Nuna International BV, Peg Perego SpA, Pigeon Stroller, Reliance Retail Ltd., SND Digital Retails LLP, Summer Infant Inc., and TRIOS VENTURES PTY LTD

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio "Consumer Discretionary" Research Reports

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Distribution Channel

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/

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