The global baby stroller market is poised for growth as the demand for baby care products continues to rise. Factors such as the increasing trend of travel among baby boomers and millennials, rising birth rates, and concerns about baby safety are driving the demand for efficient and convenient baby strollers. The market is witnessing a shift towards reliable and functionally advanced baby care products, which is expected to boost the growth of the baby stroller market.
Rising Travelling Trend and Safety Concerns
The growing trend of travel among baby boomers and millennials has expanded the market for baby strollers. Parents are seeking convenient and safe solutions for traveling with their babies, leading to an increased demand for efficient baby strollers. Safety concerns have further emphasized the need for quality and serviceability in baby products. Parents are becoming more selective while choosing baby care products, including baby strollers. Branded strollers with simplicity and convenient maneuverability are preferred, leading to increased spending on such products.
Growing Demand for Lightweight Strollers
Lightweight baby strollers are witnessing increasing demand due to their sustainable materials, easy foldability, comfort for short travel, safety, and durability. These strollers offer easy maneuverability and affordability, making them suitable for various lifestyles. The functional features and cost-effectiveness of lightweight strollers have driven their sales, contributing to the revenue growth of the baby stroller market on a global scale.
Asia Pacific: A Lucrative Market
The Asia Pacific region is expected to be a lucrative revenue pocket for baby stroller market players. Factors such as rapid population growth, urbanization, and an increasing number of working females and mothers have driven the demand for baby strollers in the region. The business-friendly environment, high customer base, and availability of resources have attracted market players to invest in the region. New product launches and rebranding efforts have further fueled the sale of baby strollers in Asia Pacific. The trend of physical activities among mothers, such as jogging and brisk walking with babies, is contributing to the demand for efficient baby strollers in the region.
Competitive Landscape
Major players in the baby stroller market include Baby Trend, Brevi Milano S.p.a., Artsana USA Inc., Bugaboo International B.V., Baby Jogger LLC, Goodbaby International Holdings Ltd., Newell Brands Inc., and Summer Infant Inc. These players are focused on expanding their global footprint through research and development, introducing new products, competitive pricing, collaborations, and partnerships.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/baby-stroller-market
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COMTEX_438952329/2840/2023-08-24T06:35:36
