Baby Cribs Market by Product Type (Standard, Portable, Convertible, Crib, Travel), Material Type (Plastic, Metal, Wood), Price Range (Economy, Mid-Range, Premium), Sales Channel (Wholesalers, hypermarkets, Multi-brand stores) & Region – Forecast 2022-2032

DUBAIWATER, March 29, 2022 /PRNewswire/ — The size of the global crib market is expected to reach ~US$4,778 million by the end of 2032. According to a study by Future Market Insights (IMF), the market will show a steady rise at a CAGR of around 6.50% between 2022 and 2032.

Attribute

Details

Value of baby cots market size in 2021

US DOLLARS$ 2,394.1 Mn

Value of baby cots market size in 2022

US DOLLARS$ 2,547 Mn

Value of baby cots market size in 2032

US DOLLARS$ 4,778 Mn

Historic CAGR of Baby Cribs Market (2015-2021)

5.30%

CAGR of Baby Cribs Market (2022-2032)

6.50%

According to the report, rising birth rates in developing countries and growing demand for baby safety products are driving the demand for baby cribs worldwide. The report provides a comprehensive view of the market, covering key growth drivers, restraints, opportunities, and dominant trends. It uses unique research methods to offer the most accurate market analysis.

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It includes detailed information about the Baby Cribs market. Some of them are:

  • The estimated market value of the cribs was ~US$1,351.8 million in 2019. During the forecast period of the report, the market exhibits a steady pace of growth.
  • At the regional level, North America dominating the global crib market, attributed to the growing number of nuclear families, has led to an increasing demand for baby safety products as parents are increasingly concerned about keeping baby alone on the bed.
  • East Asia emerges as one of the key markets due to rising per capita spending on baby care products such as monitors, strollers, bassinets and bassinets coupled with accelerating demand for environmentally friendly products the environment in the region.
  • The fast-growing online retailer sales channel is expected to drive crib sales during the forecast period.
  • Market companies assess consumer buying habits to understand the growing baby furniture trend. The company’s focus remains on introducing versatile cribs with eco-friendly features.

Rise in consumer demand for multifunctional cribs

Based on product type, convertible is expected to be the most attractive segment of the baby crib market over the forecast period. Consumers mainly prefer convertible cribs because they are economical, highly durable and can be easily detachable. Bed rails are the main factor expected to show significant growth in the global baby cribs market over the forecast period.

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Also, the benefits associated with cribs such as safety, comfort, sleep and most prominent consumers seek designed cribs that can be expanded as the baby grows, propelling the global cribs market for further growth. However, the multifunctional crib segment is expected to grow at a higher CAGR during the forecast as these types of cribs are designed with all the necessary and enhanced features such as built-in drawers as well as changing area.

Who wins?

Some of the major players operating in the baby crib market are Goodbaby International Holdings Ltd., Delta Enterprise Corp., Silver Cross, Artsana SpA, Fisher-Price Inc., Graco, Inc., Arm’s Reach Concepts, Inc., Million Dollar Baby Co., Dream On Me, Inc., Storkcraft, Sorelle Furniture, BabyBjorn, Chicco, Natart Juvenile, Inc., Baby’s Dream Furniture Inc., East Coast Nursery Ltd., Kolcraft Enterprises Inc., DaVinci Baby, Mamas & Papas, Bababou , Me n Moms, Stokke AS and others. These manufacturers are investing heavily in research and development activities to obtain various certifications and introduce eco-friendly products to meet growing consumer demands for sustainable materials such as non-toxic paints used in the development of cribs.

In addition, expansion of domestic distribution channel, strategic partnership, small business acquisition, innovative marketing strategies, celebrity endowment and online platform entry remain the most popular strategy. among the major players in the market. Companies intend to expand their geographic footprint by collaborating with local players.

  • In 2018, Goodbaby International Holdings Ltd. received Juvenile Products Manufacturers Association (JPMA) awards for four different innovations.
  • In 2018, Bababou presented the Hugg Co-sleeping crib in Ireland. The company’s Hugg Co. Sleeper Crib is an organic and sustainable infant crib that has won various awards such as the Junior Design Awards for Best Co-sleeping Cot/Crib/Pod/Bassinet Design.

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Baby Crib Market by Category

Product:

  • Standard
  • Portable
  • Convertible
  • Cradle
  • Travel
  • Multifunctional
  • Others

Price Vary:

Equipment:

Sales channel :

  • direct sales
  • modern trade
  • convenience stores
  • Departmental stores
  • Specialty stores
  • Mono Brand stores
  • Online retailers
  • Pharmacies
  • Other sales channels

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Key Questions Answered by the Report

  • What is the current value of cots?
  • What were baby cot sales between 2015 and 2021?
  • What is the key trend shaping the growth of the Baby Cribs market?
  • Which are the most important regions in the Baby Cribs market?
  • What was the demand outlook for the Baby Cribs Market in Japan?

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About Future Market Insights (IMF)

Future Market Insights (FMI) is a leading provider of market information and advisory services, serving clients in over 150 countries. IMF is headquartered in dubaiand has delivery centers in the UK, USA and India. FMI’s latest market research reports and industry analysis help businesses meet challenges and make critical decisions with confidence and clarity amidst fierce competition. Our custom and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of analysts led by FMI experts continuously monitor emerging trends and events across a wide range of industries to ensure our clients are prepared for the changing needs of their consumers.

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