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Nov 10, 2023

Global Baby Stroller Market Report 2023: Trends, Competition, Opportunities and Forecasts to 2028

Dublin, March 29, 2023 (GLOBE NEWSWIRE) -- The "Baby Stroller Market - Global Industry Size, Share, Trends, Competition Opportunities and Forecast, 2018-2028F Segmented By Product Type (Lightweight, Standard, Jogging and Travel Systems), By Technology (Smart and Non-Smart), By Distribution Channel, By Region, Competition" report has been added to ResearchAndMarkets.com's offering.The global baby stroller market was valued at USD 3211.36 million in 2022 and is projected to grow at a CAGR of 5.07% through 2028 on account of increasing technological advancement in the baby care sector coupled with increasing use of baby travel products and rising nuclear families. Smart-connected strollers are a prominent trend that is anticipated to affect new product launches throughout the projected period.A stroller is a small carriage on wheels that is used to carry small babies. It is sometimes referred to as a pram or a pushchair. On the market, there are four types of strollers with single and double seats: standard, lightweight, travel systems, and jogging.Travel systems that are handy and reasonably priced are available from several companies. The "GB Pockit" stroller, which weighs only 9.5 pounds and is certified by the Guinness Book of World Records as the world's most compact stroller, is one such item. The stroller may be folded so that it can fit both under the seat and in the overhead compartment of an airline.Growing Nuclear Families and Rising Female EmploymentThe growing number of nuclear families, as well as the increased employment of women, are pushing the market growth for baby care products such as strollers. The strollers are more handy, simple to operate, and effective for on-the-go needs. Nuclear families are becoming common in India.

For instance, the number of nuclear families climbed from 135 million in 2001 to 172 million in 2011, according to the most recent Indian census data release. Thus, with the increase in the number of nuclear families, the need for strollers is increasing at a high rate.Technological Product Innovation Will Drive the Market GrowthWith the world moving toward automation and IoT, the use of smart and electronic technologies in consumer goods has gained traction in the last few years. Vendors battle with other companies in competitive markets such as baby strollers to maintain their leading position with innovative technologies and clever improvements.

One such innovation is the development of e-strollers by Emmaljunga and Cybex, which are expected to be game changers. For instance, Smartbe is the first connected intelligent baby stroller. A smart bed is an all-in-one system that offers over ten safety, security, comfort, and convenience-enhancing functionalities that are controlled by Android and iOS smartphones and smartwatches.Growing Demand for Travel Products for Children will Fuel the Market GrowthCar seats have been used since the 1960s when they were enhanced with features such as the harness feature, metal frame feature, and rear-facing choice. For many years, the car seat segment was regarded as a large market where products were sold individually, and it remains so today.

The increased popularity of traveling with babies and toddlers has prepared the path for growth in a new market known as travel system strollers. For instance, Mercedes-AMG GT unveiled its limited-edition stroller in collaboration with Hartan. The design is reported to be influenced by AMG vehicles.

Another company Bugaboo, in 2021, introduced Bugaboo Flex, a monthly subscription service for its strollers. Customers can pay a monthly fee to access their products rather than making a one-time payment. Flexible contracts with durations of 6 to 24 months are available for using these services. Thus, with the growing demand for travel products, the market will grow at a faster rate.Market Trends & Developments

Technological Advancement

Rise in eco-friendly strollers

Changing Lifestyle

Emergence of Easy Financing and Different Payment Methods

Rising Female Employment

Competitive LandscapeCompany Profiles: Detailed analysis of the major companies present in the global baby stroller market.

Goodbaby International Holdings Limited

Artsana S.p.A.

Monahan Products, LLC

Newell Brands Inc.

Dorel Industries Inc.

Bugaboo International B.V.

Brevi Milano S.P.A.

BumbleRide Inc

Britax Child Safety, Inc.

Baby Trend Inc.

Report Scope: Baby Stroller Market, By Product Type:

Lightweight

Standard

Jogging

Travel Systems

Baby Stroller Market, By Technology:

Non-Smart

Smart

Baby Stroller Market, By Distribution Channel:

Specialty Stores

Supermarkets and Hypermarkets

Online

Multi-Branded Stores

Others

Baby Stroller Market, By Region:

Europe

Germany

France

United Kingdom

Italy

Spain

North America

United States

Canada

Mexico

Asia-Pacific

China

Australia

Japan

South Korea

India

Middle East & Africa

South Africa

UAE

Saudi Arabia

Turkey

South America

Colombia

Brazil

Argentina

For more information about this report visit https://www.researchandmarkets.com/r/8x8cp2

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ResearchAndMarkets.com's Growing Nuclear Families and Rising Female Employment Technological Product Innovation Will Drive the Market Growth Growing Demand for Travel Products for Children will Fuel the Market Growth Market Trends & Developments Competitive Landscape Report Scope: Baby Stroller Market, By Product Type: Baby Stroller Market, By Technology: Baby Stroller Market, By Distribution Channel: Baby Stroller Market, By Region: About ResearchAndMarkets.com
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