Monday, January 29, 2024

Global Baby Carriers Market Analysis 2024 – Estimated Market Size And Key Drivers

The Baby Carriers by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).


Learn More On The Baby Carriers Market:


https://www.thebusinessresearchcompany.com/report/baby-carriers-global-market-report


According to The Business Research Company’s Baby Carriers, The baby carriers market size has grown steadily in recent years. It will grow from $0.9 billion in 2023 to $0.95 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%.  The  growth in the historic period can be attributed to changing lifestyle trends, safety and comfort, rising birth rates, product innovation, parental involvement trends..

The baby carriers market size is expected to see strong growth in the next few years. It will grow to $1.16 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.  The growth in the forecast period can be attributed to eco-friendly and sustainable materials, global population trends, e-commerce expansion, health and wellness focus, cultural influences.. Major trends in the forecast period include integration of baby health and wellness features, online retail and direct-to-consumer sales, customization options, safety standards and certifications, collaborations with parenting influencers..

The growing number of nuclear households is expected to propel the growth of the baby carrier market going forward. A nuclear household refers to a unit of the family made up of two parents and their offspring but excluding grandparents, aunts, uncles, etc. Baby carriers are a great tool for working mothers and those with a nuclear family as it helps to carry their children and work on household chores. So, the increasing number of nuclear families will rise the demand for baby carriers. For instance, in June 2022, according to the Australian Bureau of Statistics, an Australia-based independent constitutional organization, there were 7.3 million households that existed in June 2022, an increase of 1 million (15.3%) from June 2012. Of these, 6.2 million (84.2%) were couple-headed households, and 1.0 million (14.2%) were one-parent households, with single mothers making up 79.9% of them. Therefore, the growing number of nuclear households is driving the baby carrier market.

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The baby carriers market covered in this report is segmented –
1) By Types: Buckled Baby Carrier, Baby Wrap Carrier, Baby Sling Carrier, Backpack Carriers
2) By Price Point: Mass, Premium
3) By Sales Channel: Supermarkets And Hypermarkets, Specialty Stores, Online Stores, Other Sales Channels

Product innovation is the key trend gaining popularity in the baby carrier market. Major companies operating in the baby carrier market are focused on developing innovative products to strengthen their position in the market. For instance, in January 2021, Ergo baby Inc., a US-based organization specializing in creating and selling baby carriers and other components, launched the Ergobaby Aerloom carrier. Ergobaby Aerloom is designed to complement parents' everyday activities, enabling them to lead busy, on-the-go lifestyles with babies while still feeling like themselves. The carrier is expertly produced from superior Formaknit Fabric, a machine-knit fabric that is lightweight yet durable and created by smoothly connecting yarn strands into distinctive designs. Aerloom provides unrivaled flexibility, support, and breathability, letting parents keep their babies near without adding strength. The other advantages are reduced carbon footprint, lightweight, adaptability, Adjustments to the growth of the infant, extraordinary comfort, and intuitive design.

The baby carriers market report table of contents includes:
1. Executive Summary

2. Baby Carriers Market Characteristics

3. Baby Carriers Market Trends And Strategies

4. Baby Carriers Market - Macro Economic Scenario

5. Global Baby Carriers Market Size and Growth
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31. Global Baby Carriers Market Competitive Benchmarking

32. Global Baby Carriers Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Baby Carriers Market

34. Baby Carriers Market Future Outlook and Potential Analysis

35. Appendix


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