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The baby stroller and pram market in the US share is expected to increase by USD 95.38 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 4.3%.
This baby stroller and pram market in the US research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their approaches. Furthermore, this report extensively covers the baby stroller and pram market in the US segmentation by product (baby comfort stroller, baby buggies, baby comfort pram, baby 3-wheeler stroller, and baby tandem stroller) and distribution channel (offline and online). The baby stroller and pram market in the US report also offers information on several market vendors, including Artsana Spa, Baby Trend Inc., Britax, Bugaboo International BV, Combi Corp., Dorel Indthe UStries Inc., Goodbaby International Holdings Ltd., Inglesina the USA Inc., Newell Brands Inc., and Nuna International BV among others.
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Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The changing lifestyles and increasing disposable income is notably driving the baby stroller and pram market in the US growth, although factors such as the easy availability of cheap substitute 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 stroller and pram market in the US. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Baby Stroller And Pram Market In the US Driver
Changes in consumer lifestyles have led to an increase in the number of working women professionals in the US thus driving the baby stroller and pram market growth in the US. Changes in consumer lifestyles have led to the emergence of a greater number of working women professionals in the US. Parents have become more involved socially and do not like to compromise on their social commitments and leisure activities. The expected increase in the women's participation rate in the US workforce and consumers' continuous demand for convenience and safety will drive the market for baby strollers and prams in the US. The increased disposable income of US consumers also contributes to the growth of the baby stroller and pram market in the US. With increased disposable income, consumers are now investing more in high-quality baby strollers and prams ? a factor that will help the market grow during the forecast period.
Key Baby Stroller And Pram Market In the US Trend
The growing popularity of smart strollers is one of the major baby stroller and pram market trends that will gain traction during the forecast period. Some manufacturers are revolutionizing the baby and stroller pram technology. They are introducing high-end technology, which can significantly reduce the work of caregivers and ensure better safety of children riding the stroller. Smart Intelligent Stroller, a US-based company, has developed its new smart baby stroller named Smartbe, which is equipped with high-end technology, such as the motion tracking sensor system. Smart Intelligent Stroller is a multifunctional stroller as all the functions can easily be controlled and managed by smartphones and smartwatches with integrated iOS and Android operating systems. Such a stroller provides features such as climatized carrycot, music, electronic locker, microphone and webcams, automatic rocking chair, feeding bottle warmer, automatic power-folding, and anti-theft sensor. The emergence of such smart and intelligent strollers may gain the attention of tech-savvy parents during the forecast period. Various multi-functions can be carried through the smart strollers, which include automatic canopy placement or playing music. The company phil&teds offers a smart baby stroller, which comes with a hand-operated parking brake, which enables the caregiver to park the stroller using on and off control. The smart stroller from phil&teds has a car seat attachment capsule, which helps the caregiver to attach the car seat directly onto the stroller.
Key Baby Stroller And Pram Market In the US Challenge
?The easy availability of cheap substitute products is a major hindrance to the baby stroller and pram market growth in the US. The major alternative option for baby strollers and prams is a baby carrier. Baby carriers have witnessed high demand among parents over the years, worldwide. A baby carrier is a supporting and portable seat that is worn by an adult for carrying an infant with comfort and ease. These baby carriers also help in great mobility in crowded places as parents can move around easily, which is difficult with baby strollers. If a customer does not want to use bulky baby strollers or prams, or if a customer does not have a car, then they can conveniently carry the baby using a baby carrier. Buckled baby carriers are high in demand among new parents, globally. The global baby carrier market was valued at $835.64 million in 2019 and is expected to grow significantly during the forecast period due to the rising awareness of the benefits associated with baby carriers. This could lead to a decrease in the demand for baby strollers and prams in the coming years.
This baby stroller and pram market in the US 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 2021-2025.
Technavio categorizes the baby stroller and pram market in the US as a part of the global leisure products industry within the global household durables market. 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 stroller and pram market in the US 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 stroller and pram market in the US encompasses successful business strategies deployed by the key vendors. The baby stroller and pram market in the US is fragmented and the vendors are deploying organic and inorganic strategies to compete in the market.
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 stroller and pram market in the US 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 stroller and pram market in the US, 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.
The value chain of the household durables market includes the following core components:
The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
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The baby stroller and pram market share growth in the US by the baby comfort strollers segment will be significant during the forecast period. The comfort strollers have an aluminum-framed structure that makes them a little heavier in weight. These strollers possess varied features such as large storage baskets, canopy, parent and child trays, and full recline. Most vendors operating in this space focus on making the products lightweight and easily foldable with one arm, so that they can be carried during travel by bus or other vehicles.
This report provides an accurate prediction of the contribution of all the segments to the growth of the baby stroller and pram market in the US size and actionable market insights on post COVID-19 impact on each segment.
Baby Stroller And Pram Market In the US Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.3% |
Market growth 2021-2025 |
$ 95.38 million |
Market structure |
Fragmented |
YoY growth (%) |
4.08 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
the US at 71% |
Key consumer countries |
the US, China, Germany, Japan, UK, and France |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Artsana Spa, Baby Trend Inc., Britax, Bugaboo International BV, Combi Corp., Dorel Indthe UStries Inc., Goodbaby International Holdings Ltd., Inglesina the USA Inc., Newell Brands Inc., and Nuna International BV |
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 forecast period |
Cthe UStomization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments cthe UStomized. |
We can help! Our analysts can cthe UStomize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Market Segmentation by Distribution channel
7 Customer landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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