Durable Juvenile Products Market Segments: By Product Type (Strollers, Child Seats and Baby Career); By Application (Maternity and Childcare Store, Brand Store, Supermarket and Online); and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Product Overview
Juvenile goods are commonly made for kids and children under the age of twelve. Strollers, prams, carriers, cribs, cradles, and cots are among the things available. The market for durable juvenile goods is divided into product categories, age groups, end-users, distribution networks, and regions. All safety requirements are followed when making childcare and juvenile products. The goods for children's use are heavily supervised. As a result, the protection of children's goods is a major concern, and many countries have enacted their own rules and regulations. The durable juvenile goods market is expected to be driven by increasing parental disposable income, a growing female population, and increased urbanization. Childcare centers and daycare facilities also use a wide range of children's products, which has a positive effect on the global demand for durable juvenile products.
Market Highlights
Global Durable Juvenile Products Market is expected to project a notable CAGR of 6.2% in 2030.
Global Durable Juvenile Products Market to surpass USD XXX million by 2030 from USD XXX million in 2020 at a CAGR of 6.2% in the coming years, i.e., 2021-30. This growth is anticipated due increasing mergers and acquisitions across various sectors which will create a worldwide demand for Durable Juvenile Products. The growth of online stores is also propelling the selling of high-end products. E-commerce allows the simple purchasing of goods manufactured in remote locations. This, in turn, has made a major contribution to the development of the global Durable Juvenile Products industry.
Global Durable Juvenile Products Market: Segments
Strollers segment to grow with the highest CAGR during 2020-30
Global Durable Juvenile Products Market is segmented by product type into Strollers, Child Seats, and Baby Career. Strollers segment held the largest market share of XX.X% in the year 2020. Since infant seats are so high, having a stroller that can fit your child's car seat can help you save your back. You can move the baby from the car to the stroller without waking him up with these strollers.
Online segment to grow with the highest CAGR during 2020-30
Global Durable Juvenile Products Market is segmented by distribution channel into Maternity and Childcare Store, Brand store, supermarket and online. Over the forecast period, the online distribution channel is projected to expand at the fastest pace. Sales via this channel have been powered by the increasing popularity of e-commerce platforms among manufacturers and high internet penetration.
Global Durable Juvenile Products Market Dynamics
Drivers
Increased income and rapid urbanization
Surging demand of Durable Juvenile Products Market from numerous end-user industries is the key factor contributing in the market growth. Juvenile goods are made to last and are crafted with a child's comfort and protection in mind. Strollers, prams, carriers, and infant cots and cradles offer comfort for the child while easing and encouraging the parents' lives. Globally, the durable juvenile products market is being driven by increasing birth rates and rapid urbanization. Parents' discretionary income has increased their buying power, which has a positive effect on business growth. Parents are increasingly worried about their children's protection and comfort, which has resulted in increased sales of childcare products around the world. Due to rapid urbanization and the easy availability of these goods on e-commerce websites, the adoption of durable juvenile products is growing.
Adoption of smart products and technology development
Manufacturers have been motivated to design and develop technologically innovative juvenile goods as a consequence of a range of technical interventions. Smart devices such as smart cribs and smart strollers have emerged as a result of technological advances, and these products are expected to increase in popularity in the near future. High-tech products with improved functionalities offer greater ease and comfort during use. People are increasingly adopting smart products, which are expected to increase sales of smart durable juvenile products in the coming years.
Restraint
Declining birth rates and high raw material costs
The market faces a number of obstacles, including declining birth rates, high raw material costs, stringent safety regulations, and a lack of awareness.
Global Durable Juvenile Products Market: Key Players
Babylove
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Mothercare
MeeMee
Newell Rubbermaid
Goodbaby
Dorel
Britax
Stokke LLC
Peg Perego
Other Prominent Players
Global Durable Juvenile Products Market: Regions
Global Durable Juvenile Products Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global Durable Juvenile Products in APAC held the largest market share of XX.X% in the year 2020 in terms of revenue. The living standard in Asia has improved significantly thus APAC remains the largest consumer market for durable juvenile products. Because of the emerging economy and massive population, the APAC region, particularly China, will have a larger market for durable juvenile products. As APAC is the primary producer of long-lasting juvenile products, these manufacturers of long-lasting juvenile products frequently construct plants to take advantage of low labor costs.
Global Durable Juvenile Products Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Durable Juvenile Products Market report also contains analysis on:
Durable Juvenile Products Market Segments:
By Product Type
Strollers
Child Seats
Baby Carrier
By Application
Maternity and Childcare Store
Brand Store
Supermarket
Online
Durable Juvenile Products Market Dynamics
Durable Juvenile Products Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Global Durable Juvenile Products Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Durable Juvenile Products Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global Durable Juvenile Products Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Durable Juvenile Products Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By product type: Market Share (2020-2030F)
1. Strollers, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Child Seats, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Baby Carrier, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By application: Market Share (2020-2030F)
1. Maternity and Childcare Store, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Brand Store, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Supermarket, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Online, , By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
Company Profile
1. Babylove
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Mothercare
3. MeeMee
4. Newell Rubbermaid
5. Goodbaby
6. Dorel
7. Britax
8. Stokke LLC
9. Peg Perego
10. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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