PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1171504
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1171504
The Europe baby safety and convenience market are projected to grow at a CAGR of 1.23% to achieve a market size of US$2,855.590 million by 2027 from US$2,620.878 million in 2020.
The European baby safety and convenience market is expected to propel during the forecast period owing to the convenience prams and strollers and a car seat provides to the baby while on move. In European countries, baby strollers are also known as pushchairs or buggies. In addition, there are certain regulations in Europe that recommend car seats for babies and these regulations are slightly different from other parts of the world. For example, by regulation, European car seats, for babies, it is required that the child should be able to be easily removed from the car seat in a single motion. Having a chest clip and crotch buckle would actually violate European regulations. Hence, for European nations, manufacturers must abide by these regulations while designing car seats, and strengthen their market position in this region. Such factors will further help in promoting market growth in the European region as well as other regions of the world during the forecast period.
Market Overview
The forecasts present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, distribution channel, and country.
Growth Drivers
Advancements in baby products provide varieties to a wide range of customers, where couples have options to choose from a range of different products in addition to providing the required safety and comfort further promoting the growth of the Europe baby safety and convenience market in the forecast period. Furthermore, with the growing eCommerce industry, online sales of baby products are further providing an opportunity for the market to grow at a sustainable pace in the upcoming years owing to the provision of convenience to purchase and saving time, effort, and money.
The Europe baby safety and convenience market are segmented by type, distribution channel, and geography.
Based on type the market has been segmented into Prams and Strollers, and Car Seat. By distribution channel, the market has been classified into Online and Offline. On the basis of country, the market is segmented into Germany, the United Kingdom, France, and others. Furthermore, major players in the Europe baby safety and convenience market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the Europe baby safety and convenience market.
Market Developments
Product Offerings
Segmentation
The global consumer electronics market is segmented by type, distribution channel and geography.
Prams and Strollers
Car Seat
Online
Offline
Germany
United Kingdom
France
Others