Global Baby Stroller Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Baby Stroller Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A stroller (Canada & U.S.A.) or pram (U.K) is a hand-pushed vehicle to carry babies and young infants.

Market Overview:

The latest research study on the global Baby Stroller market finds that the global Baby Stroller market reached a value of USD 11291.74 million in 2022. It’s expected that the market will achieve USD 15266.74 million by 2028, exhibiting a CAGR of 5.16% during the forecast period.

Consistent growth in birth rate and disposable income

Consistent growth in birth rate and disposable income driving the need for baby strollers. According to the global market, the birth rate has been increasing in recent years. There are more and more newborn babies every year. At the same time, consumers and parents have the ability to buy baby product due to the increasing disposable income.

Large varieties of baby strollers

Manufactures design and produce new varieties of baby strollers with better comfort and safety features for babies and infants. On the basis of usage and application of baby strollers, different type of baby strollers is specialized for special occasions. These specialized varieties of baby strollers drive consumers with unique demand.

Low frequency of baby stroller use

One the one hand, it is easy to become useless with grown babies and children. Pram is especially for the child below one-year-old. When the child can stand up and walk, it is not suitable anymore. Then, parents should buy another baby stroller for the elder child. On the other hand, parents will borrow strollers from parents whose children do not need strollers, instead of buying a brand new one. There are two factors that restrict the sales of baby strollers.

Smart strollers

Smart strollers are the major trend in technology for the baby stroller market. Smart strollers may achieve a series of functions and services like self-propelled mode, an anti-theft sensor, a climate-controlled bassinet, a feeding bottle warmer, an automatic rocking chair, automatic power folding, an electric locker, music, webcams, a microphone and so on.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Europe (33.2% in 2022).

Company Overview:

Newell is one of the major players operating in the Baby Stroller market, holding a share of 8.71% in 2023.

Newell

Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide. The company's Live segment offers household products, including kitchen appliances, gourmet cookware, bakeware and cutlery, food storage and home storage products, fresh preserving products, and home Fragrance products; and baby gear, infant care, and health products primary under Aprica, Baby Jogger, Ball, Calphalon, Chesapeake Bay Candle, Crock-Pot, FoodSaver, Graco, Mr. Coffee, NUK, Oster, Rubbermaid, Sistema, Sunbeam, Tigex, WoodWick, and Yankee Candle brands.

Goodbaby International Holdings Limited

Goodbaby International Holdings Limited, an investment holding company, researches, designs, develops, manufactures, markets, and sells durable juvenile products in Europe, North America, Mainland China, and internationally. It offers children’s car safety seats, strollers, apparels and home textile products, feeding products, nursing and personal care products, cribs, bi-cycles and tricycles, and other children products.

Segmentation Overview:

By type, Under 500 USD segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Under 1 years old segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Baby Stroller market covered in Chapter 3:

Peg Perego
UPPAbaby
Good Baby
ABC Design
Hauck
Stokke
Seebaby
Newell
Combi
Dorel
Shenma Group
Emmaljunga
Bugaboo
XiaHong
Artsana

In Chapter 4 and Chapter 14.2, on the basis of types, the Baby Stroller market from 2018 to 2029 is primarily split into:

Under 500 USD
500 to 1000 USD
1000 to 2000 USD
Above 2000 USD

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Baby Stroller market from 2018 to 2029 covers:

Under 1 years old
1 to 2.5 years old
Above 2.5 years old

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)