Global Baby Stroller Market By Type (Lightweight, Standard, Multi Optional Systems, and 3-wheelers), By Application (0-1 year old, 1-2.5 year old, and 2.5-4 year old), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2029

Market.us announces publication of its most recently generated research report titled, “Global Baby Stroller Market by Type (Lightweight, Standard, Multi Optional System, 3 Wheelers), By Application (0-1 year old, 1-1.25 year old and 2.5-4 years old), and by Region – Global Forecast to 2029.”, which offers a holistic view of the global baby stroller market through systematic segmentation that covers every aspect of the target market.

The global baby stroller market is projected to be US$ 914.5 Mn in 2019 and is projected to reach US$ 1,669.7 Mn by 2029 at a CAGR of 6.2%.

Strollers are basically small carriages with wheels, designed particularly for infants, who can manage to sit. A stroller consists of necessary safety equipment such as harnesses and safety belts that ensure the baby to be secure while sitting in the stroller. Sometimes hood and a canopy are also present that protect babies from scorching sun rays and rainwater. There are several features and different brands of baby strollers available in the market currently. For instance, strollers that are lightweight, easy to store, and more compact are much preferred by the customers across the globe.

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Global baby stroller market is anticipated to register a robust growth rate, especially in developed economies, owing to favorable economic situations in these regions. Global baby stroller market is witnessing impeccable growth rate, and growing urbanization is a key aspect that is driving growth of the market. Emerging economies have witnessed rapid urbanization, leading to a rise in disposable income, which has led to increased spending on baby care products thus augmenting the market growth. Majorly, demand for baby strollers is driven by steadily increasing birthrate, and rising awareness regarding baby care products and accessories amongst young parents is yet another factor that is impacting growth of the market.

Global Baby Stroller Market Revenue (US$ Mn), 2019–2029 

Growing urbanization is significant factor that is driving the growth of the market. In recent years, emerging nations have witnessed rapid urbanizations, which is leading to a rise in disposable income that has undoubtedly impacted the growth of the market.

Demand for baby strollers and prams is driven steadily by increasing birthrate along with rising awareness amongst parents regarding baby care accessories which are anticipated to aid the market growth

The high price of baby strollers, coupled with the increasing unemployment rate, results in slower uptake of these products. Moreover, declining birthrate in developed countries such as the US, Germany, Japan, etc. is also likely to obstruct growth of the target market to a certain extent.

Global Baby Stroller Market is segmented based on type, application, and region. Based on Type, the market is segmented into Lightweight, Standard, Multi Optional System, 3 Wheelers. The Multi Optional System accounts for the majority share and is expected to register the highest growth over the forecast period. Based on application, the market is segmented into 0-1 year old, 1-1.25 year old, and 2.5-4 years old. The 0-1 year old segment accounts for a majority share in the global Baby Stroller Market.

Global Baby Stroller Market Attractiveness Analysis by Type, 2013–2019

Based on the region, the Asia Pacific market is estimated to account for the highest revenue share and is projected to dominate the baby stroller market in the near future, followed by Europe and North America, respectively.

The research report on the global Baby Stroller Market includes profiles of some of the major companies such as Goodbaby International Holdings Ltd, Newell Brands Inc. Artsana S.p.A, Stokke A S, Dorel Industries Inc., Emmaljunga Barnvagnsfabrik AB, Peg Pérego S.p.A, Ningbo Shenma Group Co., Ltd., Hauck GmbH & Co. KG.

Key Market Segments:

Type

• Lightweight
• Standard
• Multi Optional Systems
• 3-wheelers

Application

• 0-1 year old
• 1-2.5 year old
• 2.5-4 year old

Key Market Players included in the report:

• Goodbaby International Holdings Ltd
• Newell Brands Inc. Artsana S.p.A
• Stokke A S
• Dorel Industries Inc.
• Emmaljunga Barnvagnsfabrik AB
• Peg Pérego S.p.A
• Ningbo Shenma Group Co.Ltd.
• Hauck GmbH & Co. KG.

For the Baby Stroller Market research study, the following years have been considered to estimate the market size: