Tuesday 19 February 2019

Baby Car Seat Market 2024 Analysis by Driving Factors, Demand and Benefits


19 February 2019: Baby Car Seat Market was million US$ in 2018 and is expected to million US$ by the end of 2024, growing at a CAGR of between 2019 and 2024.This report studies the Baby Car Seat market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2024; This report also studies the global Baby Car Seat market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.


Global Baby Car Seat Market is anticipated to witness an exponential growth in the forecast period. Baby Car Seats are designed especially for babies/children to protect them from injury during accidents. The factors that propel the growth of the market include strict laws in the developed countries for the baby safety seats, growing urbanization, increasing awareness regarding road safety among people, and an upsurge in the use of cars. One of the major factor that drives the growth of the market is increasing number of road accidents.


On the other hand, there are factors that may hamper the growth of the market including lack of awareness regarding baby car seats in some regions, unavailability of guidelines concerning the usage of baby car seats, and high cost of seats in emerging markets such as China. Baby Car Seat Market is anticipated to grow at a significant CAGR of 6.49% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
The market may be segmented on the basis of product type, distribution channel, and geography. The market may be explored by product type as Convertible Car Seat, Combination Car Seat, Infant Car Seat, and Booster Car Seat. The “Booster Car Seat” segment led the market in 2017 and is anticipated to maintain its dominance over forecast period. The key factor that may attributed to the growth of market includes increase in the acceptance of these baby car seats. Additionally, Booster Car Seat segment is likely to be followed by “Convertible Seats” in the forecast period.
Some of the key players that fuel the growth of the Baby Car Seat Market comprise Renolux France Industries, UPPAbaby, Newell Brands Inc., RECARO Holding GmbH, Kiwi Baby, Mother care plc, Jane Group, InfaSecure, Dorel Industries Inc, Good baby International Holdings Ltd, Clek Inc, Britax Group Ltd, Cosatto Ltd, Artsana Group and BREVI SRL. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.


Baby Car Seat Market by Geographical Regions:-
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key Vendors
• Artsana
• Britax
• DIONO

Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:
Ryan Manuel
Research Support Specialist, USA

Million Insights
Office No. 302, 3rd Floor, Manikchand Galleria,
Model Colony, Shivaji Nagar, Pune, MH, 411016 India
tel: 91-20-65300184

No comments:

Post a Comment