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$4,778 million by the end of 2032. According to a study by Future Market Insights (IMF), the market will show a steady rise at a CAGR of around 6.50% between 2022 and 2032.
Value of baby cots market size in 2021
US DOLLARS$ 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)
CAGR of Baby Cribs Market (2022-2032)
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.
Request a Sample for Authentic Analysis and Comprehensive Market Insights @https://www.futuremarketinsights.com/reports/sample/rep-gb-11112
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.
Feel free to ask an analyst- https://www.futuremarketinsights.com/ask-question/rep-gb-11112
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.
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.
Contact Sales for further assistance when purchasing this report- https://www.futuremarketinsights.com/checkout/11112
Baby Crib Market by Category
Sales channel :
- direct sales
- modern trade
- convenience stores
- Departmental stores
- Specialty stores
- Mono Brand stores
- Online retailers
- Other sales channels
Get customization of this report for specific country – https://www.futuremarketinsights.com/customization-available/rep-gb-11112
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?
Top Reports Related to Consumer Products Market Information
bulletproof vest market: Global Body Armor Market Size Expected to Peak US$2,585.8 million in 2022. Rising defense investment will drive market sales at a stable CAGR of 5.2%, with market valuation reaching US$4305.8 million in 2032.
baby powder market: The global baby powder market is poised to grow at a CAGR of over 5.20%, surpassing a valuation of US$1,449.2 million until 2029. The shifting preference for organic ingredients in baby talcum powder is creating major tailwinds in the market.
Ecotourism Market: The Ecotourism Market is expected to grow at 15% CAGR between 2021 and 2031, the value of the Ecotourism Market will exceed $17 billion in 2021
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.
Access MarketNgage: Future Market Insights’ on-demand and subscription-based platform
Enjoy flexible market research subscription now through MarketNgage, the market research subscription platform of Future Market Insights and other iconic market research powerhouses. Go beyond reports and access multi-format research with downloadable executive summaries, chapters, data books, infographics, charts, an interactive manual for data visualization, and comprehensive reports across all major industries , over 200 sub-sectors and over 1200 niche markets, via MarketNgage.
Register for a 7 day free trial!
future market outlook,
1602-6 Jumeirah Bay Tower X2,
Parcel number: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For sales inquiries: [email protected]
For media inquiries: [email protected]
View original content: https://www.prnewswire.com/news-releases/baby-cribs-market-size-projected-to-reach-us-4-778-mn-by-2032–expanding-at- a-healthy-6-50-cagr-over-the-forecast-period-2022-2032-says-imf-301512713.html
SOURCE Future Market Outlook