The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Baby Cribs & Cots market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Baby Cribs & Cots
The report offers actionable and valuable market insights of Baby Cribs & Cots. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Baby Cribs & Cots Market across various industries and regions.
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This newly published and insightful report sheds light on Market Insights of Baby Cribs & Cots, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Baby Cribs & Cots Market.
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Key Market Segments Covered
- By Product
- Standard Baby Cribs and Cots
- Bassinet Baby Cribs and Cots
- Convertible Baby Cribs and Cots
- Portable Baby Cribs and Cots
- Travel Baby Cribs and Cots
- Multifunctional Baby Cribs and Cots
- Specialty Baby Cribs and Cots
- Other Product Types
- By Sales Channel
- Baby Cribs and Cots Sold at Hypermarkets/Supermarkets
- Baby Cribs and Cots Sold through e-Commerce
- Baby Cribs and Cots Sold at Franchised Outlets
- Baby Cribs and Cots Sold at Departmental Stores
- Others
- By Material
- Plastic Baby Cribs and Cots
- Metal Baby Cribs and Cots
- Wooded Baby Cribs and Cots
- Other Material Types
- By Region
- North America
- Latin America
- Europe
- Japan
- APEJ
- MEA
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Competitive Landscape
Fact.MR has profiled the following key baby crib and cot manufacturers in its report:
- Delta Enterprise Corp.
- Artsana S.p.A
- Goodbaby International Holdings Limited
- Stork Craft
- Fisher-Price Inc.
- Graco Children’s Products Inc.
- Silver Cross (U.K.) Ltd.
- Arm’s Reach Concepts, Inc.
- Million Dollar Baby, Inc.
- Dream On Me, Inc.
Majority of companies discussed in the report have focused on product launches and expanding their production capacity and manufacturing units. Strategies include innovation, collaborations with key players, partnerships, strategic alliances, and strengthening of regional and global distribution networks. Some of the key developments are:
- In 2020, Delta Enterprise Corp, launched a new foldable baby cribs which saves lot of space when packed up or folded while not in use.
Similarly, recent developments related to companies manufacturing baby cribs and cots have been tracked by the team at Fact.MR, which are available in the full report.
Asia Pacific excluding Japan, remained to be most lucrative opportunity for market leaders, as the region tops the list by accounting 2/5 of global revenue. Over the past years, advent of baby cribs and cots with ergonomic designs and rigid & robust features has opened new avenues for baby cribs and cots. Increasing purchase of baby gear by new generation parents will fuel market growth as the years go by.
As per the revised report published by Fact.MR, the baby cribs and cots market is anticipated to surpass US$ 2.5 Bn by 2031, expanding at a CAGR of around 6.5% over the next ten years.
Key Takeaways from Market Study
- The baby cribs and cots market is anticipated to add 1.6X value by 2031.
- Baby cribs and cots made of plastic material to account for major portion at the global level, and create three-fold $ opportunity over 2021-2031 as compared to 2016-2020.
- Among the sales channels, departmental stores has been the lucrative opportunity for sales.
- Asia Pacific excluding Japan is set to dominate market revenue in 2021, and is expected to remain the tall-standing region by gaining 130 BPS by 2031.
- The market in China, Russia, and the U.S is expected to increase at around 6% CAGR each through 2031.
- Due to the COVID-19 crisis, demand for baby cribs and cots was hit in 2020, which saw a decline of 2% over the 2nd and 3rd quarters of the year.
“Increasing disposable income coupled with rising demand for better lifestyle will aid market growth over the coming years,”
says a Fact.MR analyst.
Winning Strategy
Leading players have been investing huge amount of resources in expanding their production capacity and manufacturing units to other regions. There is also significant spending on R&D to develop ergonomically safe and satisfying designs for baby cribs and cots. These strategies will drive the market in the medium- to long-term forecast period.
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More Valuable Insights on Baby Cribs & Cots Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Baby Cribs & Cots, Sales and Demand of Baby Cribs & Cots, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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