This market research report presents a detailed segmentation of the global baby high chairs and booster seats market by product type (high chairs and booster seats) and by sales channel (baby boutique stores, specialized chain stores, and online retailers). It also includes a market share analysis of the key geographies, including APAC, Europe, North America, and ROW. The leading vendors in this market are Chicco, Evenflo, Fisher-Price, Graco, and Peg Perego.
Technavio’s market research analysts estimate the global baby high chairs and booster seats market to grow at a CAGR of almost 4% between 2016 and 2020. The purchasing power and living standards of consumers have increased owing to their high disposable incomes. One of the primary drivers for this market is the change in buying patterns of consumers due to growing urbanization. At present, North America dominates the global baby high chairs and booster seats market by accounting for over 33% of the market share. Innovations in high chairs and booster seats and the implementation of consumer safety specifications such as ASTM F404 to ensure the satisfactory performance of these products are key drivers for market growth in the region.
The new market research report from Technavio presents a breakdown and analysis of the baby high chairs and booster seats segment by product.
“Of late, regulatory bodies have imposed stringent regulations in the baby products in terms of safety and quality standards. As a countermeasure, vendors are improving the quality of product as well as are offering additional features, which in turn is expected to boost the sales. The increasing demand for high chairs and booster seats from developing nations is also expected to contribute to the growth of the market,” says Brijesh Kumar Choubey, Lead Analyst, Consumer & Retail, Technavio Research.
The wooden segment dominated the global baby high chairs market in 2015 with a market share of over 40%. The wooden vertical of high chairs is expected to continue to gain market share over the forecast period due their durability and popularity among parents who look for furniture that can be paired with other dining furniture. The booster chair segment is estimated to grow at a CAGR of around 3% over the next four years.
The key vendors in the global baby high chair and booster seats market include Chicco, Evenflo, Fisher-Price, Graco, and Peg Perego. The baby high chairs and booster seats market is competitive and is dominated by vendors like Chicco and Fisher-Price. Due to the expansion of the international vendors into new geographies, the regional vendors will find it tough to compete with them in terms of product price and range. To gain maximum market prominence, the active players in this market are continually innovating and launching new products as it will help them to retain their market position.
A more detailed analysis is available on the Technavio report, Global Baby High Chairs and Booster Seats Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
