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Technavio’s market research analysts predict the global baby and child proofing products market to grow steadily during the forecast period and post a CAGR of almost 7% by 2020. This industry research report identifies the rise in the number of hotels and resorts offering childproof rooms to be one of the major factors that will have a positive impact on the growth of this baby and child proofing products market in the coming years. With access to information on child injury and the awareness on the availability of products to prevent it, there is an increasing preference among parents to opt for kid-friendly hotels and resorts. This, in turn, compels hotels and resorts to offer baby and child proof services. For instance, luxury hotels including JW Marriott Phuket Resort & Spa, Kerry Hotel Beijing, and The Ritz-Carlton in Dubai offer to provide kid-friendly accommodations with amenities and entertainment activities for kids.
In terms of geographical regions, Europe will be the major revenue contributor to the market throughout the next four years. Factors such as campaigns run by the local governments to ensure the safety of the babies and kids, product innovations, and the rise in the number of childbirths, will drive the market’s growth prospects. Moreover, the need to identify potential safety risks that induce parents to prefer an expert opinion will also fuel the growth of the child and baby proofing products growth in this region.
The market is characterized by the presence of a considerable number of baby and child proofing companies and since all players compete to gain major market shares, the competitive environment is intense. The increasing awareness on the need to ensure the safety and security of babies and the benefits of baby and child safety products will propel the demand for the same. This will in turn, intensify the level of competition among market players resulting in market consolidation. To sustain the competition and retain market shares, vendors have the need to distinguish their products and services through a clear and unique value proposition.
Some of the leading vendors in the market are -
The other prominent vendors in the market are ClevaMama, DEX PRODUCTS, Evenflo, KidKusion, Mommy's Helper, North States, Prince Lionheart, Regalo Baby, and Summer Infant.
During 2015, the specialty stores segment accounted for the major market shares and dominated the child and baby safety products market. Owing to the preference of customers to purchase baby and child care products from stores that offer products specifically for children, the recent years witnessed a rapid increase in the number of specialty stores. Babies "R" Us and FirstCry are some of the major players in this market segment.
The home locks and latches for babyproofing segment include various products such as furniture locks and latches, bathroom locks and latches, furniture corner and edge safety and bumper, kitchen locks and latches, and furniture straps. According to this market research and analysis, this market segment dominated the industry during 2015.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by distribution channel
PART 07: Market segmentation by product
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
PART 17: Appendix
PART 18: Explore Technavio
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