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The baby cribs and cots market share is expected to increase by USD 979.24 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.05%.
This baby cribs and cots market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the baby cribs and cots market segmentation by product type (convertible cribs and cots, standard cribs and cots, potable cribs and cots, and multi-purpose cribs and cots), type (traditional cribs and cots, contemporary cribs and cots, modern cribs and cots, and others), and geography (Europe, APAC, North America, Middle East and Africa, and South America). The baby cribs and cots market report also offers information on several market vendors, including American Eco Furniture LLC, Amish Furniture Factory, Arms Reach Concepts Inc., Artsana Spa, BabyBjorn, Delta Children Products Corp., Dream On Me Inc., East Coast Group Ltd., Fosun International Ltd., Goodbaby International Holdings Ltd., Kolcraft Enterprises Inc., Mamas and Papas Ltd., Me N Moms Pvt Ltd., Million Dollar Baby Co., Mocka Products Pty Ltd., Natart Juvenile Inc., Sorelle Furniture, Stokke AS, Stork Craft Manufacturing USA Inc., and Troll Nursery among others.
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The rise in disposable income and growing urbanization is notably driving the baby cribs and cots market growth, although factors such as the increase in the availability of counterfeit products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the baby cribs and cots industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Baby Cribs and Cots Market Driver
Key Baby Cribs and Cots Market Trend
Key Baby Cribs and Cots Market Challenge
This baby cribs and cots market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global baby cribs and cots market as a part of the global home furnishings market within the global household durables industry. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the baby cribs and cots market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the baby cribs and cots market encompasses successful business strategies deployed by the key vendors. The baby cribs and cots market is fragmented and the vendors are deploying growth strategies such as increasing their offerings of eco-friendly baby cribs and cots to compete in the market.
americanecofurniture.com - The company offers baby cribs and cots such as Nassau, Aurora, Belmont, Caspian, and Arcadia Convertible Baby Crib.
americanecofurniture.com - Under the unified segment, the company specializes in the manufacturing of furniture.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The baby cribs and cots market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the baby cribs and cots market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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34% of the market’s growth will originate from Europe during the forecast period. Germany and UK are the key markets for baby cribs and cots in Europe. Market growth in this region will be faster than the growth of the market in the South American and MEA regions.
The presence of leading vendors such as East Coast Group Ltd. and Troll Nursery will facilitate the baby cribs and cots market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The baby cribs and cots market in Europe witnessed a slow growth in 2020, owing to the outbreak of COVID-19. The outbreak hampered the supply chain for baby cribs and cots and the manufacturing operations of vendors operating in this market in the first half of 2020. However, the demand for baby cribs and cots has increased to some extent due to the lifting of lockdown restrictions in 2021. The market has witnessed a recovery since 2021 due to the resumptions of supply and manufacturing activities in companies manufacturing baby cribs and cots.
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The baby cribs and cots market share growth by the convertible cribs and cots segment will be significant during the forecast period. Many parents are increasingly preferring to buy these multifunctional products as these are more convenient and economical when compared to purchasing multiple pieces of furniture for the same purpose. There is an increasing trend of convertible cribs with toddler rails which can be used to convert the convertible crib into a toddler bed. Some forms of convertible cribs gaining momentum in the market include cribs that can be transformed into other furniture such as chairs and tables, toy bins and bookshelves, sofas, dressers, or beds.
This report provides an accurate prediction of the contribution of all the segments to the growth of the baby cribs and cots market size and actionable market insights on post COVID-19 impact on each segment.
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Baby Cribs and Cots Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.05% |
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Market growth 2022-2026 |
$ 979.24 million |
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Market structure |
Fragmented |
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YoY growth (%) |
5.36 |
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Regional analysis |
Europe, APAC, North America, Middle East and Africa, and South America |
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Performing market contribution |
Europe at 34% |
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Key consumer countries |
US, China, India, Germany, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
American Eco Furniture LLC, Amish Furniture Factory, Arms Reach Concepts Inc., Artsana Spa, BabyBjorn, Delta Children Products Corp., Dream On Me Inc., East Coast Group Ltd., Fosun International Ltd., Goodbaby International Holdings Ltd., Kolcraft Enterprises Inc., Mamas and Papas Ltd., Me N Moms Pvt Ltd., Million Dollar Baby Co., Mocka Products Pty Ltd., Natart Juvenile Inc., Sorelle Furniture, Stokke AS, Stork Craft Manufacturing USA Inc., and Troll Nursery |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product Type
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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