By the end of 2029, the Baby Cribs Market is projected to be worth US$2,347.3 Mn. A Future Market Insights (FMI) analysis predicts that the market will grow steadily between 2019 and 2029 at a CAGR of 5.7%. The report claims that the demand for baby cribs is increasing globally due to the rise in birth rates in developing nations and the quickly expanding market for baby safety items. The research provides a thorough analysis of the industry, outlining the major growth drivers, inhibitors, opportunities, and current trends. It offers the most precise analysis of the market through the use of original research techniques.
| Attribute | Details |
| Baby Cribs Market Size Value in 2021 | US$ 2,394.1 Mn |
| Baby Cribs Market Size Value in 2022 | US$ 2,547 Mn |
| Baby Cribs Market Size Value in 2032 | US$ 4,778 Mn |
| Baby Cribs Market Historical CAGR (2015-2021) | 5.30% |
| Baby Cribs Market CAGR (2022-2032) | 6.50% |
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It includes in-depth insights into the baby cribs market. Some of these are:
- The estimated value of the baby cribs market was at ~US$ 1,351.8 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
- Regionally, North America dominates the baby cribs market globally attributed to increasing number of nuclear families led to expanding demand for baby safety products, as parents are now becoming more concerned about keeping baby alone on the bed.
- East Asia emerges as one of key markets owing to rise in per capita spending on baby care products such as monitors, strollers, cribs, and cots coupled with accelerating demand for eco-friendly products in the region.
- Rapidly growing online retailers’ sales channel is expected to boost the sales of baby cribs over the forecast period.
- Companies in the market are evaluating consumer purchase pattern to understand the growing baby furniture trend. The company’s focus remains on introducing multi-purpose baby cribs that come environmental friendly features.
Baby Cribs Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by Future Market Insights on the baby cribs market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The study offers a comprehensive assessment of baby cribs market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
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https://www.futuremarketinsights.com/reports/sample/rep-gb-11112
- Standard
- Portable
- Convertible
- Bassinet
- Travel
- Multifunctional
- Others
Price Range:
- Economy
- Mid-Range
- Premium
Material:
- Plastic
- Metal
- Wood
- Others
Sales Channel:
- Direct Sales
- Modern Trade
- Convenience Stores
- Departmental Stores
- Specialty Stores
- Mono Brand Stores
- Online Retailers
- Drug Stores
- Other Sales Channels
Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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Get Valuable Insights into Baby Cribs Market
Future Market Insights, in its new report, presents an unbiased analysis of the global baby cribs market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights on the baby cribs market based on product type (standard, portable, convertible, bassinet, travel, multifunctional, and others), material type (plastic, metal, wood, and others), price range (economy, mid-range, and premium), sales channel (wholesalers/distributors, hypermarkets/supermarkets, multi-brand stores, exclusive stores, independent small stores, online retailers, and other sales channel), region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa).
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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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