Research Nester Reviews the Global Baby Car Seat Market; to be worth more than USD 6 Billion by 2027
“Baby Car Seat Market: Global Historical Growth (2013-2017) & Future Outlook (2018-2027) Demand Analysis & Opportunity Evaluation”
New York, United States – July 13, 2018 /MarketersMedia/ —
The global baby car seat market has been segmented into rear-facing baby car seat, forward-facing child car seat, convertible car seat (rear & forward facing) and booster car seat. Among these segments, the convertible car seat segment is expected to grow at highest CAGR during the forecast period. Increasing sense of security towards toddlers is anticipated to aid the growth of baby car seat market. Further, the market is witnessing high preference for rear facing convertible car seat among consumers. This factor is envisioned to strengthen the growth of baby car seat market.
The global market for baby car seat is expected to thrive at a notable CAGR during the forecast period 2018-2027. Factors such as rising number of car accidents, ease of operating and comfort are anticipated to drive the demand for baby car seat market globally. Further, the increasing demand for improved, advanced and more secure baby car seats is estimated to boom baby car seat market by noteworthy revenue by the end of 2027.
In the regional segment, North America represented the largest market for baby car seats in year 2017 and is expected to garner positive CAGR in global baby car seat market. This can be attributed to stringent government regulations in the baby car seat market. Further, increasing number of newborns in Europe is anticipated to witness robust growth over the forecast period making it the second largest region to grab leading shares in baby car seat market. With increasing awareness regarding need and benefits of baby car seats, the market of baby car seat in Asia Pacific is likely to grow during forecast period.
Growing Demand for Security Objectives
Growing concern for security endowed baby car seats in automobiles is the major concern behind the production of baby car seats. Further, to eradicate the apprehension while driving regarding preventing severe accidents and making the driving safe for tiny tots is expected to benefit the expansion of baby car seat market.
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Initiatives by Automotive Industries
Enhancement and advances in baby car seats such as connected baby car seat with improved designs are expected to drive the growth of the baby car seat market in long run. Further, growing installation of baby car seat in passenger cars is expected to drive the growth of baby car seat market at a considerable pace in upcoming years.
However, due to lack of stringent laws regarding use of baby car seats in underdeveloped countries, the market growth is expected to decline in future.
The report titled “Baby Car Seat Market: Global Historical Growth (2013-2017) & Future Outlook (2018-2027) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the global baby car seat market in terms of market segmentation by product type, distribution channel and by region.
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Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the global baby car seat market which includes company profiling of John Lewis, Mothercare, R for Rabbit, Dorel Juvenile, Simple Parenting Company, Axkid, Evenflo, KiddyUK, Britax, YKO Child Product Co., Ltd. and other notable players.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global baby car seat market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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