Baby Cribs and Cots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global baby cribs and cots market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
Good sleep plays a quintessential role in the physical and emotional well-being of infants and young children. It is a dynamic developmental process, especially in the first two years and assists in promoting growth, improving learning and increasing the attention span of babies. Consequently, there is a significant rise in the demand for baby cribs and cots across the globe. Baby cribs and cots are small beds designed to keep infants and young children comfortable and protect them from falling on the ground. They also aid in creating a sleeping environment and providing peaceful sleep.
The increasing popularity and utilization of baby care products, such as strollers, monitors, and cribs and cots, on account of the growing need for advanced baby safety products, represents one of the significant factors propelling the growth of the market. Apart from this, the rising number of nuclear families is also positively impacting the sales of baby cribs and cots worldwide. Moreover, stringent safety standards by regulating authorities are impelling leading manufacturers to introduce products with advanced safety features. Furthermore, technological advancements by manufacturers have resulted in the introduction of convertible cribs that can be altered to a toddler bed, day bed and a full-sized bed for babies. The rising demand for such products can also be accredited to the rising number of parents who are seeking baby cribs and cots that are affordable, convenient and provide multipurpose uses.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global baby cribs and cots market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, design type, material and distribution channel.
Breakup by Product Type:
Convertible
Multi-Purpose
Standard
Portable
Breakup by Design Type:
Traditional
Contemporary
Modern
Others
Breakup by Material:
Plastic
Metal
Wood
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Online Stores
Specialty Stores
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Artsana S.p.A., Babybjörn AB (Lillemor Design AB), Delta Children's Products Corp., Dream On Me Inc., East Coast Nursery Ltd., Goodbaby International Holdings Limited, Kolcraft Enterprises Inc., Natart Juvénile Inc., Silver Cross (Fosun International Ltd.) and Stork Craft Manufacturing Inc.
Key Questions Answered in This Report:
How has the global baby cribs and cots market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global baby cribs and cots market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the design type?
What is the breakup of the market based on the material?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global baby cribs and cots market and who are the key players?
What is the degree of competition in the industry?