Home Babies needs Baby Strollers & Prams Market Recorded CAGR of 4.96% in 2021 | Driven by changing lifestyles coupled with the rise of single-parent and nuclear families | Technavio

Baby Strollers & Prams Market Recorded CAGR of 4.96% in 2021 | Driven by changing lifestyles coupled with the rise of single-parent and nuclear families | Technavio

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NEW YORK, April 11, 2022 /PRNewswire/ — The “Baby Strollers and Prams Market – Competitive Analysis, Drivers, Trends, Challenges and Five Forces Analysis” report has been added to Technavio’s offering. The market value of strollers and prams is expected to increase by $1.10 billion from 2020 to 2025, progressing to a CAGR of 5.58%. In addition, the market recorded a 4.96% year over year growth rate in 2021 according to the latest Technavio market report.

Technavio has announced its latest market research report titled Baby Stroller and Pram Market by Product, Distribution Channel, and Geography – Forecast and Analysis 2021-2025

Market Dynamics – Drivers and Challenges

The main growth drivers for the pushchairs and prams market are the changing lifestyles coupled with the increase in single-parent and nuclear families. Single parent and nuclear families face many different tasks while caring for their newborns and toddlers. Therefore, parents demand baby care products that could bring convenience and ease to them. One of the main concerns of these customers is the transport of the child from one place to another. Strollers and prams are parents’ top choices for transporting babies with ease and comfort. Pushchairs and prams have become a benefit to customers who are single parents or belong to nuclear families, due to the benefits that are served by these products.

Howeverthe short life cycle of pushchairs and prams will be a major challenge for the strollers and prams market during the forecast period. Babies grow quickly and baby products such as pushchairs or prams need to be changed depending on the child’s age, weight and height. In addition, strollers and prams of established brands are quite expensive, and these products are not profitable for customers who constantly change the size of the stroller. As a result, customers do not opt ​​for pushchairs or prams, which may limit the sales volume of these products during the forecast period.

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Company Profiles

The stroller and pram market is fragmented and sellers deploy organic and inorganic growth strategies to compete in the market. The Baby Strollers and Prams market report provides comprehensive information about major vendors includingg Artsana Spa, Baby Trend Inc., Britax, Bugaboo International BV, Combi Corp., Dorel Industries Inc., Goodbaby International Holdings Ltd., Inglesina UNITED STATES Inc., Newell Brands Inc. and Nuna International BV.

For supplier offers – Download a free sample now!

Competitive analysis

The competitive scenario provided in the Strollers and Prams market report analyzes, evaluates and positions the companies based on various performance indicators. Some of the factors taken into consideration for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, market share growth, etc.

Segmentation analysis

  • By Product, the market is categorized into baby comfort strollers, baby strollers, baby comfort pram, 3-wheel baby strollers, and baby tandem strollers segments. On the stroller and pram market, Baby comfort stroller segment will be significant during the forecast period.

  • By Geography, the market is classified as Europe, North AmericaACPA, South Americaand MEA. Europe will have the largest market share. 31% of market growth will come from Europe during the forecast period. Germany and the United Kingdom are the main markets for pushchairs and prams in Europe. Market growth in this region will be slower than market growth in other regions. In Europe, the penetration of baby strollers is very high, as the relative increase in household disposable income over the years has allowed working parents to spend more on baby care related products such as baby seats. car, pushchairs, prams, cradles and others.

  • By distribution channel, the market is classified as offline and online. The demand for baby products such as pushchairs and prams online channels is expected to increase and stabilize over the forecast period.

For more information on how each segment contributes – Download a free sample now!

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Scope of the baby strollers and prams market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 5.58%

Market Growth 2021-2025

$1.10 billion

Market structure

Fragmented

Annual growth (%)

4.96

Successful market contribution

Europe at 31%

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Artsana Spa, Baby Trend Inc., Britax, Bugaboo International BV, Combi Corp., Dorel Industries Inc., Goodbaby International Holdings Ltd., Inglesina USA Inc., Newell Brands Inc. and Nuna International BV

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by product

  • Market segments

  • Comparison by product

  • Baby comfort stroller – Market size and forecast 2020-2025

  • Baby strollers – Market size and forecast 2020-2025

  • Baby comfort pram – Market size and forecast 2020-2025

  • 3 wheel baby stroller – Market size and forecast 2020-2025

  • Baby Tandem Stroller – Market size and forecast 2020-2025

  • Market opportunity by product

Market segmentation by distribution channel

  • Market segments

  • Comparison by distribution channel

  • Offline – Market size and forecast 2020-2025

  • Online – Market size and forecast 2020-2025

  • Market opportunity by distribution channel

Customer landscape

Geographic landscape

  • Geographic segmentation

  • Geographic comparison

  • Europe – Market size and forecast 2020-2025

  • North America – Market size and forecast 2020-2025

  • APAC – Market size and forecast 2020-2025

  • South America – Market size and forecast 2020-2025

  • MEA – Market size and forecast 2020-2025

  • Main leading countries

  • Market Opportunity by Geography

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Supplier Landscape

  • Landscape disturbance

  • Competitive scenario

Vendor analysis

Annex

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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