July 16, 2021
According to the recent research report titled ‘Global Baby Durable Products Market a?? Analysis By Product (Strollers, Baby Car Seats, Baby Carrier, Others), Distribution Channel, By Region, By Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025)’, available with Market Study Report LLC, global baby durable products market was valued at USD 20760.4 million in 2019 and is expected to record an appreciable growth rate over 2020-2025.
Growing urban population with internet access and government initiatives to make internet accessible to everyone are primarily driving global baby durable products market growth. Besides, in order to maintain a long-term relationship with consumers, manufacturers are expanding their product portfolio and delivering a wide range of products, which is further adding to the industry progression.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2679115/
Despite the favorable scenario, the outbreak of COVID-19 pandemic is likely to negatively impact the supply chain, logistics, and production worldwide, hampering the market expansion.
As per product type, strollers segment is projected to record substantial growth over 2020-2025, owing to availability of varied range of product from several prominent manufacturers, along with growing consumer concern about the safety of their children, which has resulted in a surge in demand for strollers of higher quality, durability, and safety.
Based on distribution channel, global baby durable products market share from maternity & childcare stores segment, followed by supermarkets segment, is slated to grow substantially over the coming years. The growth can be credited to various product offerings by maternity & childcare stores, increasing investment in online channel distribution to cater to a large consumer base, and adoption of successful marketing methods by top firms.
Elaborating on regional terrain, Asia Pacific, followed by North America and Europe, is reckoned to significantly contribute to worldwide baby durable products industry remuneration through 2025, attributable to increasing expenditure on baby care & safety products by customers, along with presence of top e-commerce players, and mounting product demand in major economies in the region.
Top firms profiled in the report are BabyBjorn, BeSafe, Peg Perego, Stokke AS, Combi Corporation, ERGO Baby Inc., Dorel Industries Inc., Goodbaby International Holdings Ltd., Newell Rubbermaid, and Artsana Group.