• US: +1-408-610-2300
  • Toll Free: +1-866-831-4085
  • Login / Register
Baby Cribs And Cots Market Size 2019-2025 | Industry Trend Report

Baby Cribs And Cots Market Analysis Report By Product, By Distribution Channel, By Region And Segment Forecasts From 2019 To 2025

Report ID: MN17619635  |  Published: May 2020  |  No of Pages: 80
Format: Electronic (PDF)  |  Industry: Consumer Goods  |  Publisher: Grand View Research

Industry Insights

The global baby cribs and cots market size was accounted for USD 1.22 billion in 2018. The market is expected to witness a CAGR of 4.6%, during the forecasted years, 2019-2025. This growth can be attributed to rising awareness about usage of baby care and safety products like monitors, cribs and strollers among the millennial population.

Emerging trend of nuclear families across developing regions like APAC and MEA is expected to positively impact the demand for such products in the upcoming years. In addition, strict standards of safety as prescribed by the U.S. Consumer Product Safety Commission have enforced the key players to add in advanced features in such products for enhancing the safety of the baby. Thus, the market for baby cots and cribs is expected to fuel up in the upcoming years.

U.S. baby cribs and cots market

Therefore, the key players have started developing products with features like 3-in-1 and 4-in-1 conversions. These products can be used as full-sized bed, day bed or toddler beds for babies. For example, Babyletto had launched a 3-in-1 crib that included features like 4-stage height and mattress settings.

North America held the highest share across the global regional market. It is anticipated to witness significant growth in the upcoming years due to rising awareness about such products among the millennial population coupled with increased levels of disposable income among the working professionals.

Product Insights

In 2018, the convertible product segment held the largest share of over 53% across the global market. This growth can be attributed to its cost-effectiveness, ease of usage, durability and detachable properties. Moreover, continuous product development and innovation are expected to pave the way for market growth for such products in the upcoming years. For example, DaVinci Baby launched 4-in-1 crib can be transformed to a day bed, full-sized bed and toddler bed.

The multifunctional products segment is anticipated to register the highest CAGR of 5.4% during the forecasted years. This growth can be associated with their feature of accommodating more furniture pieces that serve various functions. In addition, rapid advances made in product design are anticipated to positively impact the baby cribs and cots market growth in the upcoming years. For example, Stokke LLC had launched a multi-functional and modular nursery named Stokke Home in 2015 which included portable cradle, dresser, changer, and a crib.

Distribution Channel Insights

In 2018, offline channels held the largest share of over 75% across the global market. This growth can be attributed to rising number of specialty stores in urban areas. Moreover, such stores are also equipped with baby care products like prams, cribs, strollers, and cradles. Moreover, the increasing number of supermarkets and hypermarkets is expected to positively impact the market growth in the upcoming years.

Global baby cribs and cots marketThe online distribution channel segment is anticipated to witness the highest growth with a CAGR of 5.0% during the forecasted years, 2019 to 2025. This growth can be attributed to the availability of a wide range of products under one single platform for comparison coupled with the discounts and offers being provided by the e-commerce platforms. Moreover, rising usage of smartphones and internet among the millennial is expected to boost market growth.

Regional Insights

In 2018, North America held the largest share exceeding 32% across the global market. This region is anticipated to register significant growth in the upcoming years owing to rising disposable income among the working population coupled with increasing awareness among the millennial for usage of safety products for baby. In addition, rising number of single parents across this region is expected to pave the way for usage of such products.

Asia Pacific is anticipated to register fastest growth across the global market from 2019 to 2025. This growth can be attributed to rising population across countries like China and India coupled with increasing per capita income. Moreover, rising concept of nuclear families across this region is expected to pave the way for demand of baby cribs & cots in the upcoming years.

Baby Cribs & Cots Market Share Insights

The market includes key players such as Silver Cross; Sorelle Furniture; Storkcraft; Dream On Me, Inc.; Delta Children's Products Corp.; Graco, Inc. and Natart Juvenile, Inc. These players are constantly engaged in product development and innovation to develop products with advanced features. For example, The Max Motor Dreams cot was launched by the Ford Motor Company, in 2017.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million and CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa

Country scope

U.S., Germany, U.K., India, China, and Brazil

Report coverage

Revenue forecast, company share, competitive landscape, and growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis on latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Million Insights has segmented the global baby cribs and cots market report based on product, distribution channel, and region:

• Product Outlook (Revenue, USD Million, 2015 - 2025)
    • Convertible
    • Standard
    • Multifunctional
    • Portable

• Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
    • Offline
    • Online

• Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • U.K.
    • Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • Middle East and Africa

What questions do you have? Get quick response from our industry experts. Request More information
Key questions answered in the report include
key questions
We also offers customization on reports based on specific client requirement.
Request for Customization

Choose License Type

Research Assistance

Ryan Manuel
Ryan Manuel

Research Support Specialist, USA

  1. Phone: +1-408-610-2300
  2. Toll Free: +1-866-831-4085
  3. Email: [email protected]
  • World's largest premium report database
  • Transparent pre & post sale customer engagement model
  • Unparalleled flexibility in terms of rendering services
  • Safe & secure web experience
  • 24*5 Research support service
  • 100% Secure Payments
  • Our Promise
  • 100% Service Assurance
  • Market Monitoring
  • Service Flexibility
  • 24X5 Care available