Baby Safety Gadgets Market By Product type (Baby Monitor, Smart Baby Stroller, Smart Baby Car Seat, Smoke and Carbon Detector, Pool Alarm, Others), By Price Range (Economical, Premium), By Distribution Channel (Online Sales Channel, Hypermarket/Supermarket, Specialty Stores, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global baby safety gadgets market was valued at $3.11 billion in 2021, and is projected to reach $6.21 billion by 2031, growing at a CAGR of 7.2% from 2022 to 2031.Baby safety gadgets refer to devices which is use to protect infant from harm, injuries as well as death. These devices generally monitor babies from products such as baby monitor through video, audio as well as detect surrounding if there is any unfavourable situation to their lives using product such as pool alarms, smoke and carbon monoxide detector as well as scald devices.
North America holds the largest share in the market followed by Europe, Asia-Pacific and LAMEA region. Recent development of numerous customable baby safety gadgets and manufacturing technology is expected to further boost the market growth in American region. Also, increase in popularity of multi-functional baby safety gadgets with additional features is projected to boost the demand for such gadget in numerous households.
Europe holds second largest share in the baby safety gadgets market due to rise in disposable income and growing popularity of various baby safety gadgets has led to increase in demand for baby safety gadgets is expected to drive the European baby safety gadgets market. Furthermore, Asia-Pacific region is a fastest growing region attributed to increase in disposable income and high demand for comfortable and feasible baby safety gadgets are expected to increase the demand for baby safety gadgets over the forecast period. Furthermore, LAMEA region nascent/developing stage and is expected to have a decent growth accounting to rapid rise in middle class population.
There are factors that are driving the market such as safety concern of babies among parents. Several incidents have been reported that babies or toddlers are died due to negligence of parents. Hence, concern towards their infant is likely to create huge demand in forecast year. Another factor that is driving the market are presence of various varieties of devices in lucrative style.
Impact of Covid-19 in baby safety gadgets market
The outbreak of COVID-19 pandemic had led to partial or complete shutdown of production facilities, which do not come under essential goods, owing to prolonged lockdown in major countries such as the U.S., China, Japan, India, and Germany. It has led to either closure or suspension of their production activities in most of the industrial units across the world.
The increase in reported cases has caused a global lockdown and restricted supply chains. Consumer discretionary spending has decreased, and businesses have noticed a behavioural shift toward safer and more durable products. Furthermore, through engagement campaigns, manufacturers are strengthening their e-commerce channel and increasing consumer engagement on their websites.
The outbreak of the COVID-19 disease had adversely negatively affected the global baby safety gadgets industry, and subsequently the baby safety products. Only essential items such as medicines, food, and hospitalization, and all other essential products and services were allowed to operate during the lockdown period. Therefore, the closure of all the major baby safety gadgets industry resulted in the decline of sales of all types of gadgets. However, the increased pace of vaccination drive in majority of the developed countries, revenge tourism, revenge shopping, and government initiatives to boost up the economy again are the major factors that are expected to boost the global baby safety gadgets industry again.
The baby safety gadgets market is segmented on the basis of product type, price range, distribution channel and region. On the basis of product type, the market is categorized into baby monitor, smart baby stroller, smart baby car seat, smoke and carbon monoxide detector, pool alarm and others. Based on price range it divided into economical and premium. According to distribution channel, the baby safety gadgets market is fragmented into online sales channel, hypermarket/supermarket, specialty stores and others
Region-wise, the market is analysed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Sweden, Netherlands, and the rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, Indonesia and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, UAE, Saudi Arabia, Turkey and the rest of LAMEA).
The major players operating in the global baby safety gadgets market Babymoov, Baby sense, BT, Munchkin, Inc, Nanit, Owlet Care, Phillips, Safe-o-Kia (Baby Safety Inc.), Summer Infant Inc and Sunza. The market players have implemented strategies such as business expansion, partnership and product launch to increase the demand and sale of the baby safety gadgets in the market.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the baby safety gadgets market analysis from 2021 to 2031 to identify the prevailing baby safety gadgets market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the baby safety gadgets market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global baby safety gadgets market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product type
Baby Monitor
Smart Baby Stroller
Smart Baby Car Seat
Smoke and Carbon Detector
Pool Alarm
Others
By Price Range
Economical
Premium
By Distribution Channel
Online Sales Channel
Hypermarket/Supermarket
Specialty Stores
Others
By Region
North America
U.S.
Canada
Mexico
Europe
United Kingdom
Germany
France
Italy
Spain
Netherlands
Sweden
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Indonesia
Australia
Rest of Asia-Pacific
LAMEA
South Africa
Brazil
Saudi Arabia
UAE
Turkey
Rest of LAMEA
Key Market Players
babymoov group
Baby sense
BT
Munchkin, Inc
Nanit
Owlet Care
Phillips
Safe-o-Kia (Baby Safety Inc.)
Summer Infant Inc
Sunza
Please Note: It will take 7-10 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook