Baby Strollers and Prams Market Key Leaders Analysis, Segmentation, Growth, Future Trends, Demands, Emerging Technology by Regional Forecast 2032
In 2022, the global baby strollers and prams market valued at US$ 4.68 billion is expected to soar to US$ 8.31 billion by 2032, reflecting a CAGR of 5.9%. The market was valued at US$ 4.42 billion in 2021. This increase in market value can be attributed to the rising demand from customers for multi-functional strollers.
The market is anticipated to benefit from the growing adoption of prams for safe baby travel and the rising travel trends among an expanding population during the forecast period. Market players are concentrating on manufacturing innovative products to meet consumer demands.
More parents are worried about keeping their babies safe and clean. This is making the worldwide business of baby care grow a lot in terms of how much people spend on it. Because of this, all over the world people now want more baby care stuff like diapers for little kids. This includes things to wash them and products such as pushchairs or prams made just for babies too. People have been buying baby strollers and prams, which are very important for taking care of babies, a lot.
Parents want more baby strollers and prams, so makers are thinking to make new products that fit the different wants of their customers. diapers, baby
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Factors Hampering Baby Strollers and Prams Market
Affordability Issues in Developing Nations: The inability to afford baby strollers and prams in developing or underdeveloped nations is anticipated to hinder market growth.
Potential Boost from Online Retailing: The emergence of online retailing platforms is expected to provide a significant boost to the industry by offering more accessible purchasing options to consumers.
Rising Purchasing Power: The increasing purchasing power of consumers, particularly in emerging economies, is likely to further support market growth by offsetting affordability challenges.
Forecasted Market Expansion: Despite affordability issues, the market is expected to grow in size during the forecast period, fueled by the combined effect of online retailing and rising consumer purchasing power.
Thus owing to above mentioned factors triggers the overall demand for global baby strollers and prams market.
Baby strollers and prams are one such products that facilitates such convenience and catering to the requirements of concerned parents. Moreover, there are government bodies that have taking steps with regards to babies’ safety. Regulatory bodies such as ASTM, CEN, and ACCC have enforced standards & regulations to ensure that baby strollers and prams protect babies from the known safety hazards that have caused accidents in the past.
Global Baby strollers and prams Market: Key Players
• Dorel Industries Inc.
• Pigeon Corporation
• Newell Brands Inc.
• Summer Infant Inc.
• Beingmate Group Co. Ltd.
• Artsana S.p.A.
• Kolcraft Enterprises Inc.
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