Global Baby Stroller and Pram Market Overview:
Baby Stroller and Pram are the devices that is used to carry babies. The baby stroller and pram market has high growth prospects due to the adoption of prams by the traveling customers and new product innovation by manufacturers such as multi-functional convertible strollers. There has been a significant rise in the number of births with figures stood up to 3,791,712 in United States region alone in 2018. So, the future for baby strollers looks promising. Additionally, increasing consumer focus on investing at cribs, strollers, and others has enhanced the product demand from the retail shops. The major companies are adding more innovative techniques in Asia-Pacific countries as these countries are focused on the fastest-growing verticals for the household industry. According to AMA, the Global Baby Stroller and Pram market is expected to see growth rate of 5.4%
- Increasing Birth Rates across Emerging Countries
- Growing Demand for Babies Safety Concerns
- Increasing Working-Class Women Boost the Demand of Baby Strollers
- Growing Demand for Eco-Friendly Products
- High Cost Associated with Baby Strollers
- Lack of Awareness among Customers
- New Product Development Such as Introduction of Multi-Functional Convertible Strollers
- Rising Demand for Baby Strollers during Travelling
- Maximum Time Spending in Strollers Leads to Side Effects Such as Speeches and Physical Skills
- Baby Strollers cant be Applicable in Complex Conditions
In Baby Stroller and Pram market, it has been observed that most of the manufacturing companies are providing innovative navigation map strollers and others. They rely on strategies such as mergers & acquisition, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Some of the key players profiled in the report are Artsana USA (United States), Baby Jogger (United States), Dorel Industries Inc.(Canada), Evenflo (United States), Graco (United States), Bumbleride (Russia), Bugaboo International B.V. (The Netherlands), Britax (United Kingdom), BREVI MILANO SPA (Italy) and Baby Trend Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Inglesina (United States), Joovy (United States), Mamas and Papas (United Kingdom), Mee Mee (India), Mother Care (United Kingdom), Orbit Baby (United States), Peg Perego (United States), Stokke (Norway), Thule (Sweden) and UPPAbaby (United States). Considering Market by Distribution Channels, the sub-segment i.e. Hypermarket/Supermarket will boost the Baby Stroller and Pram market. Considering Market by Material, the sub-segment i.e. Lightweight will boost the Baby Stroller and Pram market.
In August 2019, Cybex launched an e-Priam which is enabled with a smart algorithm for easing out traveling and reduces the pushing and pulling efforts. It consists of high-quality breathable memory foam for all-round protection against cold, rain, wind and sunshine.
“According to consumer product safety standard for prams and strollers, it denoted that the products should be convertible and has a mode designed to transport a child in a seated position. Suppliers of convertible products are responsible for ensuring the products they supply meet the requirements of the mandatory standard.”
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Baby Stroller and Pram market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Baby Stroller and Pram market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Baby Stroller and Pram Manufacturers, Baby Stroller and Pram Suppliers, End-Use Market Participants of Different Segments of Baby Stroller and Pram, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.