London, 26 November 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Baby Car Seat Market in Latin America 2015-2019, which is expected to grow at a CAGR of 8.12 percent during 2014-2019.
Baby car seats are also referred to as child safety seats, child restraint systems, and restraining car seats. They are designed specifically to protect babies from injury and death during accidents. Previously, consumers needed to have baby car seats installed in their cars. However, manufacturers have started to integrate child safety seats directly into the vehicle design over the years.
“Many baby car seat manufacturers are focusing on the launch of baby car seats through innovative marketing techniques to attract more customers,” says Faisal Ghaus, Vice President of TechNavio.
“Several companies provide information about product features and functions on the packaging of their products. Moreover, these car seats are lightweight and washable, which helps keep the car clean.”
Key Market Drivers
- Growing Urbanization
- Changing Lifestyles
- Increase in Disposable Income
- Improved Functionality and Performance
Key Market Trends
- Improved Product Quality
- Increase in Demand from Developing Nations
- Innovative Marketing Techniques Adopted by Vendors
Key Market Vendors
- Baby Trends Inc.
- Dorel Industries Inc.
- Evenflo Company Inc.
- Newell Rubbermaid Inc.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
