Posted by According to IMARC Group’s latest report, titled “Juvenile Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global juvenile products market size reached US$ 22.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 33.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2023-2028.
Juvenile products refer to childcare commodities designed for infants and toddlers under the age of 12. They include strollers, prams, car seats, cribs, and cots, infant carriers, and highchairs. Nowadays, the demand for juvenile products has escalated as they are manufactured keeping in mind the safety, protection, convenience and comfort of the child and the parents.
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Market Trends
The global juvenile products market is primarily driven by the availability of juvenile products across different e-commerce platforms. Besides this, governments of various nations are implementing regulatory policies to promote child development. Along with this, the extensive use of juvenile products in childcare and daycare centers, and rising parental concerns toward child safety have boosted the demand for durable products. Furthermore, with technological advancements, key players are encouraged to adopt technically advanced manufacturing processes to develop more durable and improved variants. These factors are expected to create a positive outlook for the market across the globe.
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List of Key Companies Covered in this Market Report:
Dorel Industries Inc.
Goodbaby International Holdings Ltd.
Britax
Chicco
Stokke
BeSafe
Emmaljunga
Peg Perego
RECARO Kids s.r.l
The report has segmented the market on the basis of product type, distribution channel, age group and geography.
Breakup by Product Type:
Strollers and Prams
Car Seats
Cribs and Cots
Others
Breakup by Distribution Channel:
Offline
Online
Breakup by Age Group:
0-1 year
2-4 year
5-7 year
>8 year
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
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