Global Baby Travel Cot Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Travel cots are portable, safe places for babies and toddlers to sleep when away from home. They are lightweight, have collapsible sides and fold into a portable format with a carry handle, making them great for holidays, breaks and overnight stays.
Market Overview:
The latest research study on the global Baby Travel Cot market finds that the global Baby Travel Cot market reached a value of USD 197.8 million in 2022. It’s expected that the market will achieve USD 286.21 million by 2028, exhibiting a CAGR of 6.35% during the forecast period.
The development of e-commerce
In recent years, with the development of Internet technology, e-commerce has achieved long-term development. Businesses have been striving to meet customer needs by building platforms for easy access to goods and fast delivery. The global COVID-19 pandemic has also accelerated global e-commerce, with more and more people turning to online shopping.Manufacturers of baby travel cots will also gain good development opportunities with the help of e-commerce platforms. In the new economic environment, e-commerce has provided many new market opportunities for many enterprises. First, enterprises can open up new development space through e-commerce network, improve themselves, and find new business opportunities and partners. Second, some enterprises can benefit from it, and publishing information on the Internet helps them seize international opportunities and develop international markets.Products for baby travel cots are available online at huge discounts, which helps attract consumers in the market. Additionally, this enables manufacturers to sell quality products at lower prices than in stores due to the direct-to-consumer model. E-commerce has also become a new opportunity.
Product optimization, experience upgrade
Manufacturers of baby travel cots continue to carry out product research and development, and introduce more comfortable and multi-functional products to provide a better experience for families. For example, the launch of the simple set-up, the product unfolds and disintegrates in one action, and there are no loose parts to collect; the unique design allows air to circulate from all angles, the breathable side mesh and the firm but ultra-comfortable mattress; the mattress and The fabric frame is all machine washable and easy to clean; the ultra-light crib folds seamlessly into a compact backpack-style suitcase that can fit in any airline's luggage compartment for easy portability; an expandable travel crib that can pass through the center The zipper unfolds for comfortable nighttime use in crib mode, and expands space for play when fully unfolded in play cot mode. With technological progress and product updates and iterations, a good user experience will attract more consumers.
Low barriers to entry and fierce competition in the industry
A baby travel cot is a portable, lightweight option. Plus, its foldable sides and storage pockets make it the perfect solution for travel. The vast market and fast-growing demand are attracting more and more companies to enter the industry. Due to the relatively low barriers to entry and low technology content, the labor and raw material costs in developing countries are relatively low, and the advantages are obvious. They quickly entered the market to grab market share. For example, as the factory of the world, China has perfect infrastructure, convenient transportation, large population and relatively low labor cost. Many companies have entered this industry and mass-produced high-quality and low-cost baby travel cots for export, which intensified market competition.
Region Overview:
In 2022, the share of the Baby Travel Cot market in Asia Pacific stood at 50.04%.
Company Overview
Cool Baby is one of the major players operating in the Baby Travel Cot market, holding a share of 7.93% in 2022.
Chicco
Chicco is an Italian manufacturer of children clothing and toys with retail outlets worldwide, producing products in Italy and China. It is owned by Artsana, and has been in business for 60 years and is now in more than 120 countries.
Cool Baby
Anhui Coolbaby Science & Technology Development Corporation is a 14-year professional manufacturing enterprise specializing in baby crib design ,research and development.As a leading enterprise of baby crib exports in China, our products are exported to 68 countries around the world, the cumulative exports of cribs exceeding 20 million sets.Since the establishment of the company, design and research have been a core part of their corporation strategy. At present, COOLBABY becomes an authoritative brand in the industry, online and offline go hand in hand, and set up warehouses in Anhui, Zhejiang, Hubei and other places, opens up a new retail era.
Segmentation Overview:
By type, Standard travel cot segment accounted for the largest share of market in 2021.
Standard travel cot
This is the usual type of travel cot with collapsible frame and removable mattress. It usually has a rectangular shape, but different styles are now being developed. This can be used as a travel cot and a playpen and is suitable for babies from birth until approximately 3 years old. Standard travel cots have now been designed ideal for camping, hiking or taking on airplanes.
Pop-up travel cot
A pop-up travel cot is constructed in the same manner as a pop up tent which immediately 'pops up' when it is removed from its bag and is folded down to a compact size about the size of a large shopping bag. A pop-up travel cot is easier to construct and is more portable as it is lighter and more flexible than other models, and suitable for very young babies.
Application Overview:
The market's largest segment by application is the segment Specialty Store, with a market share of 42.01% in 2022.
Key Companies in the global Baby Travel Cot market covered in Chapter 3:
Kids 2BugabooJoie InternationalGraco BabyDorel JuvenileBaby TrendChiccoHauckCool BabyBabybjornSilver Cross
In Chapter 4 and Chapter 14.2, on the basis of types, the Baby Travel Cot market from 2018 to 2029 is primarily split into:
Standard travel cotPop-up travel cotOthers
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Baby Travel Cot market from 2018 to 2029 covers:
SupermarketSpecialty StoreOnline Sales
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)
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