Baby Safety Products Market Size, Share, Growth, Trends and Analysis 2023-28
IMARC Group, a leading market research company, has recently releases report titled “Baby Safety Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global baby safety products market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the Baby Safety Products Market?
The global baby safety products market size reached US$ 230 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 318 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
What is baby safety products?
Baby safety products are designed to protect infants and young children from potential hazards in their daily environment. These products aim to mitigate risks associated with common activities such as sleeping, eating, bathing, and moving around. The category is broad and encompasses a variety of items, each targeting specific areas of safety concern. For instance, car seats are engineered to protect children during vehicle transport by offering proper restraint and impact protection.
Cribs and playpens are designed to provide a secure sleeping and playing environment, featuring tightly spaced slats and sturdy construction to prevent accidental falls or entrapment. Baby monitors allow parents to keep an auditory or visual check on their child even when they are not in the same room, thus enhancing supervision. Safety gates and outlet covers are examples of products intended to make the home environment safer. Gates block access to potentially dangerous areas like stairs, while outlet covers prevent children from inserting objects into electrical sockets. Other items, such as cabinet locks, anti-scald devices for faucets, and corner protectors for furniture aim to secure various household elements that could pose risks.
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What are the growth prospects and trends in the baby safety products industry?
The increasing awareness about child safety among parents and caregivers represents one of the key factors driving the growth of the market across the globe. Information dissemination through social media, parenting blogs, and educational forums plays a pivotal role in this heightened awareness. Advances in technology are leading to the development of more effective and user-friendly safety products, such as smart baby monitors that are controlled via smartphones, or car seats with advanced safety features. These innovations are attracting more consumers to invest in high-quality safety products. Urban lifestyles often necessitate both parents working, which creates a need for products that can provide additional safety measures when parents are not around. This demographic change is an important driver for the market. Legislation and standards governing child safety and product quality act as a catalyst for market growth. Strict safety standards ensure that only high-quality products reach consumers, thereby instilling confidence in the market offerings.
The rise of online retail platforms is making it easier for consumers to access a wide array of products without geographical constraints. This is positively impacting the sales of baby safety products. The increasing disposable income allows families to allocate more resources to child safety, which is fueling the market growth. This is particularly evident in emerging economies where rising affluence is accompanying social change. Older first-time parents, who are often more financially stable, are willing to invest in premium safety products, providing an impetus to the market. Societal attitudes that place a premium on child safety and well-being also contribute to the market growth. Peer recommendations and societal norms often influence purchasing decisions. The availability of a wide range of products catering to different safety needs from car seats to cabinet locks ensures that the market caters to a broad consumer base, which is driving demand for baby safety products.
Baby Safety Products Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global baby safety products market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Baby Jogger LLC (Newell Brands)
- Baby Trends Inc. (Alpha Group Co.Ltd.)
- Britax Child Safety Inc.
- Bugaboo International B.V.
- Chicco (Artsana S.p.A.)
- Combi Malaysia Marketing Sdn Bhd
- Cosatto Limited, Dex Products Inc.
- Dorel Indsutries Inc.
- Jane Group
- Mothercare in Limited
- Nuna International BV
- Summer Infacnt (USA) Inc. (Kids 2 Inc.)
What is included in market segmentation?
The report has segmented the market into the following categories:
Product Type Insights:
- Car Seats
- Strollers
- Monitors
- Others
Distribution Channel Insights:
- Offline
- Online
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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