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Global Baby Carrier Market – by Product, Distribution Channel, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 - 2025)
Baby Carrier Market – Segmented by Product, Distribution Channel, Region | Market Size, Growth, Drivers, Trends, Industry Structure and Forecasts | MarkGenes
Baby carriers provide hands-free convenience and mobility for carrying infants or toddlers easily while performing other supporting activities thus providing the person carrying to maintain physical contact with the baby. These carriers can be packed very easily and don’t need to be folded like strollers. Some of the baby carriers are buckled baby carrier, baby wrap carrier and baby sling carrier.
The global baby carrier market was USD 1013.56 million in 2018 and is estimated to reach USD 1343.06 million by 2025 at a CAGR of 4.10% during the forecast period
Growth by Region
Asia-Pacific leads the market owing to an increase in dual-income families as well as increasing infant population in the region. North America followed by Europe, on the other hand, are also lucrative markets for baby carrier due to an increased awareness about child health and safety coupled with increasing demand for more transparency in safety standards of the baby carrier from consumers in the regions.
Drivers vs Constraints
The global baby carrier market is mainly driven by high demand from consumers for ergonomically designed baby carriers as well as rising adoption of social media and online platforms by people for product placement and sales globally. However, the growth of the market is hindered by the limited life cycle of baby carriers along with general parent apprehension on baby carrier products
Industry Trends and Updates
Lalabu, an American-based company has launched their new product named Wearabu, which is more focused to simplify the babywearing experience by helping parents to easily wear their baby either on their front or on their back.
Goodbaby International Holdings Ltd., a Hong Kong-based durable juvenile products company has acquired 100% stake in a company named Oasis Dragon Limited, a maternity, baby care products and apparel designer, developer and distributor for an amount of USD 360 million to widen their product growth worldwide.
Browse other Consumer Goods and Services reports at: https://markgenes.com/industry-reports/consumer-goods-and-services
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