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Global Baby Car Seat Market - by Type, Distribution Channel, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 - 2025)
Baby Car Seat Market - by Type, Distribution Channel, Region | Market Size, Growth, Drivers, Trends, Industry Structure and Forecasts, Competitive Intelligence, Company Profiles | MarkGenes
Baby car seat is a seat used for the protection of the babies during driving. These seats are used as babies cannot use the seat belt for their safety. These seats provide double seat belts along with comfortable seats. Over the years the baby car seats witness modification in design, structure and comfort. These seats at times are not pre-installed in the car and parents need to install it separately. The baby car seats market has also witnessed the evolution in the seats as these seats can be operated by app.
The global baby car seat was USD 4.62 billion in 2018 and is estimated to reach USD 6.49 billion by 2025 at a CAGR of 4.97% during the forecast period
Growth by Region
North America is expected to be the biggest market in the forecasted period followed by Europe. However, Asia Pacific region will have the highest CAGR in the forecasted period due to rise in population. Europe and North America will witness slow growth due to decrease in birth rate.
Drivers vs. Constraints
The increase in the concern of parents regarding the safety of the child boosts the market growth. Moreover, government of many developed countries are showing concern regarding the installation of baby seat in the car for their safety. Also, high disposable income made it possible for the product sale. Increasing birth rate in the developing countries create a big potential market for the sale of the product. This also promotes the growth of the market. However, low birth rate in the developed countries hinders the market growth. High cost of the product made it difficult to be used by middle class and low class. Also, lack of awareness about child safety, lack of concern by the government in the developing countries and lowlife usage hinders the market growth.
Industry Structure and Updates
• August 2018 - NBC reports that half of the baby car seats are not installed properly. Parents don’t read the manual carefully; as a result they don’t know how to fasten the seat belt.
• July 2018 - Baby Jogger® is helping parents get more out of a vehicles back seat with the new City View Space Saving All-in-One Car Seat. The slim silhouette allows extra space for additional passengers keeping in mind the comfort ride for the baby. It is designed with enhanced convenience and safety features which ensure that families can venture out on the open road with greater ease and peace of mind
• August 2017 - Multimac planned a baby car innovation where they are attaching 3-4 baby car seats which are detachable in 90 seconds. These seats can be of varying types or of same type
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