Baby Cots Market size was valued at US$ 1.55 Bn. in 2022 and the total revenue is expected to grow at 5.4% through 2023 to 2029, reaching nearly US$ 2.25 Bn.
Baby Cots Market Overview:Infants and young children require adequate sleep to maintain their physical and mental well-being. It is a dynamic developmental process that aids in encouraging growth, improving learning, and extending the attention span of babies, especially in the first two years. As a result, there is a considerable increase in demand for infant cots all over the world. Baby cots, often known as cradles or cribs, are a type of infant bed made exclusively for babies and small children. They provide comfort for infants and young children while also protecting them from falling. They also contribute to the creation of a sleeping environment and the provision of restful sleep.To know about the Research Methodology :- Request Free Sample Report They are frequently made in a cage-like form to prevent infants from being injured and as a safety element. Baby cots have been around since the beginning of time and are built of iron, metal, and wood. Furthermore, new raw materials have been developed in the manufacturing of these cots as a result of advancements and inventions. As a result of historic traditions and customs, the use of infant cots is more frequent in Western countries. Government agencies like as the U.S. Consumer Product Safety Commission regulate the size and features of baby cots to ensure product safety and prevent injuries such as falls, strangulation, suffocation, and entrapment. Baby cots are made to order for usage in home or hospital settings. Infant beds that are stationary are commonly utilised. Portable baby cots, folding infant beds, convertible cots, and multifunctional cots are now often utilised due to the technological improvements.
Baby Cots Market Dynamics:One of the major factors driving the baby cot market growth is the rising popularity and use of baby care items including strollers, monitors, cribs, and cots, as a result of the growing need for enhanced infant safety products. Aside from that, the growing number of nuclear families is boosting sales of infant cribs and cots around the world. Furthermore, regulatory authorities' strict safety criteria are pressuring major manufacturers to produce products with sophisticated safety features. Additionally, manufacturers' technological advancements have resulted in the emergence of convertible cots that can be converted into a toddler bed, day bed, or full-sized bed for babies. The rising demand for such items can also be attributed to the growing number of parents looking for economical, convenient, and versatile baby cots. The rise in global disposable income can be attributed to increased expenditure on infant items. Baby cots have seen moderate traction over time, with mediocre demand, while being on the luxurious side of social standards. However, rising disposable income combined with an increase in the number of parents looking for infant cots might cause demand to double over the projection period, bucking the trend. In the first year, new parents are anticipated to spend an average of US$2,600 on baby gear and necessities including diapers, sleep supplies, and formula. All of these factors are driving consumers to purchase auxiliary baby equipment and sleep utilities in order to give babies with safe sleeping environments, making baby cots registry essentials. The market for baby cots is expected to grow at a strong CAGR over the projected period, given the rising consumer awareness about providing suitable facilities for newborns and end-user migration to eco-friendly and sustainable products. Manufacturers of baby cribs and cots may benefit from rising living standards and discretionary income. Due to the high expenditure on baby gear in North America and Europe, manufacturers have a large pool of opportunities to shape the market and generate money. As a result, the Asia-Pacific region, which is constituted of growing economies with high growth rates in infant cots, requires a flawless supply chain for important manufacturers. The low penetration of baby cots in poor and underdeveloped nations, where pricing is a major concern for individuals with limited disposable income, is one of the major factors impeding market growth. Growing environmental concerns over the use of plastics, as well as higher pricing for baby cots constructed of eco-friendly materials, are expected to slow the market's growth and act as possible hurdles.
COVID-19 Impact on Baby Cots Market:The COVID-19 pandemic has had an influence on the baby cots market, since demand for baby cots has decreased due to the implementation of social distancing and lockdown, which has resulted in less mobility. Due to the closure of specialised stores in many nations, the infant cots market has seen a decrease in sales and revenue. Due to delayed deliveries and consumer concerns about the coronavirus spreading through surface contact, e-commerce sales and revenue have also decreased.
Baby Cots Market Segment Analysis:Based on Product Type, The Baby Cots Market is segmented into Convertible, Multi-Purpose, Standard and Portable on the basis of product type. In 2022, the product segment of convertible cots held the greatest share of the global market, with more than 50%. Convertible cots are cost-effective, feature readily detachable bed rails, and are more durable, therefore the segment is expected to grow at a steady CAGR from 2023 to 2029. Furthermore, the segment's ongoing product innovation can propel it forward. For example, DaVinci Baby's Kalani 4-in-1 convertible crib can be changed into a toddler bed, day bed, and full-sized bed. Multi-purpose products combine one or more pieces of furniture, allowing a smaller nursery to have more space. This segment's growth is likely to be aided by new product innovations. Based on Material, The Baby Cots Market is segmented into Plastic, Metal, Wood and Others on the basis of material. Demand for baby cots made of plastic is rather strong, leaving the market befuddled as to how to address growing environmental concerns. Plastic baby cots are in high demand due to their low pricing and ease in manufacturing. In the coming years, however, customer demand for sustainable baby items may drive demand for metal baby cots. Based on Distribution Channel, The Baby Cots Market is segmented into Online and Offline on the basis of distribution channel. The offline distribution channel segment of the baby cots market held the largest market share. The offline distribution channel sector was headed by specialty stores in particular. Cradles, prams, strollers, and cribs are among the advanced baby safety equipment available in these establishments. The rise of the offline distribution channel sector would be supported by the increasing number of hypermarkets and supermarkets around the world. The online segment is driven by the availability of a wide range of items from various brands as well as excellent price. Furthermore, online merchants offer doorstep delivery services, together with flexible payment alternatives, these may likely to increase product sales through online channels.
Regional Insights:The Baby Cots Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa and South America on the basis of region. In 2022, North America was the most important regional market, with a share of more than 30%. Due to growing awareness about the availability of improved infant care and safety goods, the market is expected to grow at a steady CAGR throughout the forecast years. Furthermore, the growing number of single parents in the region is increasing product demand. From 2022 to 2029, however, Asia Pacific is expected to be the fastest-growing regional market. The expanding number of employed people and levels of consumer disposable income are two significant elements driving this expansion. In addition, the growing number of nuclear families in developing countries may boost product demand. Since Europe is at the top of the list of developed countries, the region's quality of living is substantially higher, and sales of baby gear such as cots are likewise higher than the worldwide average. Parent's preference for purchasing comfortable infant cots reinforces the trend. The availability of eco-friendly materials for cot manufacturing, as well as multipurpose features, has boosted demand for infant cots. The objective of the report is to present a complete picture of global Baby Cots market. Data from past years is compiled to anticipate the future prospects of this market. Porter's five forces help to identify where power lies in a business situation. This is useful both in understanding the strength of an organisation's current competitive position, and the strength of a position that an organisation may look to move into. The report helps in identifying competitive rivalry currently running in the Baby Cots market. It also helps to understand bargaining power of suppliers and consumers. The report also presents PESTLE analysis which helps to gain a macro picture of Baby Cots market. Political factors help to identify the influence of government over Baby Cots market. Economic factors a have direct impact on a company’s long-term prospects in a market. The economic environment may affect how a company dealing in Baby Cots price their products or influence the supply and demand model. Social factors, such as demographics and culture can impact the Baby Cots market by influencing peak buying periods, purchasing habits, and lifestyle choices. Technological factors may have a direct or an indirect influence on an industry. The legal and regulatory environment can affect the policies and procedures of an industry, and can control employment, safety and regulations. Environmental factors include all those relating to the physical environment and to general environmental protection requirements.
Baby Cots Market Scope: Inquire before buying
Baby Cots Market Base Year 2022 Forecast Period 2023-2029 Historical Data CAGR Market Size in 2022 Market Size in 2029 2018 to 2022 5.4% US$ 1.55 Bn US$ 2.25 Bn Segments Covered by Product Convertible Multi-Purpose Standard Portable by Material Plastic Metal Wood Others by Distribution Channel Offline Online Regions Covered North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America
Key Players:1. Babybjörn AB (Lillemor Design AB) (Sweden) 2. East Coast Nursery Ltd. (UK) 3. Kolcraft Enterprises Inc. (US) 4. Natart Juvénile Inc. (Canada) 5. Delta Enterprise Corp. (US) 6. Artsana S.p.A (Italy) 7. Goodbaby International Holdings Limited (China) 8. Stork Craft (Canada) 9. Fisher-Price Inc. (US) 10. Graco Children’s Products Inc. (US) 11. Silver Cross Ltd. (UK) 12. Arm’s Reach Concepts, Inc. (US) 13. Million Dollar Baby, Inc. (US) 14. Dream On Me, Inc. (US) 15. Mamas & Papas (UK) 16. Bugaboo International (Netherlands) 17. Mothercare (UK) 18. Cosatto (UK) 19. Stokke Norway) 20. My Babiie (UK) 21. Newell Brands (US) 22. Mattel (US) 23. Happiest Baby (US) 24. DaVinci Baby (US) 25. C & T International Inc. (US) Frequently Asked Questions: 1. What is the CAGR of the Baby Cots Market in the forecast period (2023-29)? Ans. Baby Cots Market revenue is expected to grow at 5.4% through 2023 to 2029 2. Who are the key players in the Baby Cots Market? Ans. Babybjörn AB (Lillemor Design AB) (Sweden), East Coast Nursery Ltd. (UK), Kolcraft Enterprises Inc. (US), Natart Juvénile Inc. (Canada), Delta Enterprise Corp. (US), Artsana S.p.A (Italy), Goodbaby International Holdings Limited (China), Stork Craft (Canada), Fisher-Price Inc. (US), 3. Which are the product types in the Baby Cots Market? Ans. Convertible, Multi-Purpose, Standard and Portable baby cots are the product types in the Baby Cots Market. 4. What segments are covered in the Baby Cots Market report? Ans. The segments covered in Baby Cots Market report are based on product type, material, distribution channel and region. 5. What is the forecast period for the Baby Cots Market? Ans. The forecast period for the Baby Cots Market is 2023-2029.
1. Baby Cots Market: Research Methodology 2. Baby Cots Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Baby Cots Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Baby Cots Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Baby Cots Market Segmentation 4.1. Baby Cots Market, by Product Type (2022-2029) • Convertible • Multi-Purpose • Standard • Portable 4.2. Baby Cots Market, by Material (2022-2029) • Plastic • Metal • Wood • Others 4.3. Baby Cots Market, by Distribution Channel (2022-2029) • Offline • Online 5. North America Baby Cots Market (2022-2029) 5.1. North America Baby Cots Market, by Product Type (2022-2029) • Convertible • Multi-Purpose • Standard • Portable 5.2. North America Baby Cots Market, by Material (2022-2029) • Plastic • Metal • Wood • Others 5.3. North America Baby Cots Market, by Distribution Channel (2022-2029) • Offline • Online 5.4. North America Baby Cots Market, by Country (2022-2029) • US • Canada • Mexico 6. European Baby Cots Market (2022-2029) 6.1. European Baby Cots Market, by Product Type (2022-2029) 6.2. European Baby Cots Market, by Material (2022-2029) 6.3. European Baby Cots Market, by Distribution Channel (2022-2029) 6.4. European Baby Cots Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Baby Cots Market (2022-2029) 7.1. Asia Pacific Baby Cots Market, by Product Type (2022-2029) 7.2. Asia Pacific Baby Cots Market, by Material (2022-2029) 7.3. Asia Pacific Baby Cots Market, by Distribution Channel (2022-2029) 7.4. Asia Pacific Baby Cots Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Baby Cots Market (2022-2029) 8.1. Middle East and Africa Baby Cots Market, by Product Type (2022-2029) 8.2. Middle East and Africa Baby Cots Market, by Material (2022-2029) 8.3. Middle East and Africa Baby Cots Market, by Distribution Channel (2022-2029) 8.4. Middle East and Africa Baby Cots Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Baby Cots Market (2022-2029) 9.1. South America Baby Cots Market, by Product Type (2022-2029) 9.2. South America Baby Cots Market, by Material (2022-2029) 9.3. South America Baby Cots Market, by Distribution Channel (2022-2029) 9.4. South America Baby Cots Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Babybjörn AB (Lillemor Design AB) (Sweden) 10.1.1. Overview 10.1.2. Financial Overview 10.1.3. Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. East Coast Nursery Ltd. (UK) 10.3. Kolcraft Enterprises Inc. (US) 10.4. Natart Juvénile Inc. (Canada) 10.5. Delta Enterprise Corp. (US) 10.6. Artsana S.p.A (Italy) 10.7. Goodbaby International Holdings Limited (China) 10.8. Stork Craft (Canada) 10.9. Fisher-Price Inc. (US) 10.10. Graco Children’s Products Inc. (US) 10.11. Silver Cross Ltd. (UK) 10.12. Arm’s Reach Concepts, Inc. (US) 10.13. Million Dollar Baby, Inc. (US) 10.14. Dream On Me, Inc. (US) 10.15. Mamas & Papas (UK) 10.16. Bugaboo International (Netherlands) 10.17. Mothercare (UK) 10.18. Cosatto (UK) 10.19. Stokke Norway) 10.20. My Babiie (UK) 10.21. Newell Brands (US) 10.22. Mattel (US) 10.23. Happiest Baby (US) 10.24. DaVinci Baby (US) 10.25. C & T International Inc. (US)