The global baby stroller
market was valued USD 3211.36 million in 2022 and is projected to grow at CAGR
of 5.07% through 2028 on account of increasing technological advancement in the
baby care sector coupled with increasing use of baby travel products and rising
nuclear families. Smart connected strollers are a prominent trend that is
anticipated to affect new product launches throughout the projected period.
A stroller is a small carriage on wheels
that is used to carry small babies. It is sometimes referred to as a pram
or a pushchair. On the market, there are four types of strollers with single
and double seats: standard, lightweight, travel systems, and jogging.
Travel systems that are handy and
reasonably priced are available from a number of companies. The "GB
Pockit" stroller, which weighs only 9.5 pounds and is certified by the
Guinness Book of World Records as the world's most compact stroller, is one
such item. The stroller may be folded so that it can fit both under the seat
and in the overhead compartment of an airline.
Growing Nuclear Families
and Rising Female Employment
The growing number of
nuclear families, as well as the increased employment of women, are pushing the
market growth for baby care products such as strollers. The strollers are more
handy, simple to operate, and effective for on-the-go needs. Nuclear families are
becoming common in India. For instance, the number of nuclear families climbed
from 135 million in 2001 to 172 million in 2011, according to the most recent
Indian census data release. Thus, with increasing in the number of nuclear families,
the need for strollers is increasing at a high rate.
Technological Product
Innovation Will Drive the Market Growth
With the world moving
toward automation and IoT, the use of smart and electronic technologies in
consumer goods has gained traction in the last few years. Vendors battle with
other companies in competitive markets such as baby strollers to maintain their
leading position with innovative technologies and clever improvements. One such
innovation is the development of e-strollers by Emmaljunga and Cybex, which are
expected to be game changers. For instance, Smartbe is the first connected intelligent
baby stroller. Smartbe is an all-in-one system that offers over ten safety,
security, comfort, and convenience-enhancing functionalities that are
controlled by Android and iOS smartphones and smart watches.
Growing Demand for
Travel Products for Children will Fuel the Market Growth
Car seats have been used
since the 1960s, when they were enhanced with features such as the harness
feature, metal frame feature, and rear facing choice. For many years, the car
seat segment was regarded as a large market where products were sold
individually, and it remains so today. The increased popularity of travelling
with babies and toddlers has prepared the path for the growth in a new market
known as travel system strollers. For instance, Mercedes-AMG GT unveiled its
limited-edition stroller in collaboration with Hartan. The design is reported
to be influenced by AMG vehicles. Another company Bugaboo, in 2021, introduced
Bugaboo Flex, a monthly subscription service for its strollers. Customers can
pay a monthly fee to access their products rather than making a one-time
payment. Flexible contracts with durations of 6 to 24 months are available for
using these services. Thus, with the growing demand for travel products the
market will grow at a faster rate.
Download Free Sample Report
Market Segmentation
The global baby stroller
market is segmented based on product type, technology, distribution channel,
region, and competitional landscape. Based on product type, the market is
further fragmented into lightweight, standard, jogging and travel systems. Based
on technology, the market is further fragmented into smart and non-smart. based
on distribution channel, the market is segmented into specialty stores,
supermarkets and hypermarkets, online, multi-branded stores and others
(distributors & dealers, etc.).
Company Profiles
Goodbaby International
Holdings Limited, Artsana S.p.A., Monahan Products, LLC, Newell Brands Inc., Dorel
Industries Inc., Bugaboo International B.V., Brevi Milano S.P.A., BumbleRide
Inc., Britax Child Safety, Inc. and Baby Trend Inc. are among the major market
players in the global baby stroller market. To remain competitive in the market
companies are focusing on new innovations and launches.
Attribute
|
Details
|
Market Size
Value in FY2022
|
USD3,211.36 Million
|
Revenue
Forecast in FY2028F
|
USD4,284.84 Million
|
Growth Rate
|
5.07%
|
US Revenue
Forecast in 2028
|
USD994.79 Million
|
Base Year
|
2022
|
Historical Years
|
2018 – 2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024 – 2028
|
Quantitative
Units
|
Revenue in USD
Billion and CAGR for 2018-2022 and 2023-2028
|
Report Coverage
|
Revenue forecast,
company share, competitive landscape, growth factors, and trends
|
Segments Covered
|
Product Type
Technology
Distribution
Channel
Region
|
Regional Scope
|
Europe, North America, Asia-Pacific,
Middle East & Africa and South America.
|
Country
Scope
|
Germany,
France, United Kingdom, Italy, Spain, United States, Canada, Mexico, China,
Australia, Japan, South Korea, India, South Africa, UAE, Saudi Arabia, Turkey,
Colombia, Brazil, Argentina
|
Key Companies
Profiled
|
Goodbaby International
Holdings Limited, Artsana S.p.A., Monahan Products, LLC, Newell Brands Inc.,
Dorel Industries Inc., Bugaboo International B.V., Brevi Milano S.P.A.,
BumbleRide Inc., Britax Child Safety, Inc. and Baby Trend Inc.
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
Pricing and Purchase
Options
|
Avail of customized
purchase options to meet your exact research needs. Explore purchase options
|
Delivery
Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request)
|
Report Scope:
In this report, the global baby stroller
market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- Baby Stroller Market, By Product Type:
- Lightweight
- Standard
- Jogging
- Travel Systems
- Baby Stroller Market, By Technology:
- Baby Stroller Market, By Distribution Channel:
- Specialty
Stores
- Supermarkets
and Hypermarkets
- Online
- Multi-Branded
Stores
- Others
- Baby Stroller Market, By Region:
- Europe
- Germany
- France
- United
Kingdom
- Italy
- Spain
- North
America
- United
States
- Canada
- Mexico
- Asia-Pacific
- China
- Australia
- Japan
- South
Korea
- India
- Middle
East & Africa
- South
Africa
- UAE
- Saudi
Arabia
- Turkey
- South
America
- Colombia
- Brazil
- Argentina
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the global baby stroller market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following customization
options are available for the report:
Company
Information:
- Detailed analysis and profiling of additional market players (up to five).