Technavio market research analysts foresee positive growth for many segments of the toys and baby products industry in the next five years. In their recent findings, Technavio talks about three booming markets under the toys and baby products industry that are anticipated to generate significant revenues and grow at a consistent rate during the forecast period.
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Global Baby Car Seat Market 2017-2021
Rising expenditure on toys and related products for infants and kids is expected to propel growth of the market for baby products and toys. Among several innovations in the sector, global baby car seat market is expected to gain popularity during the forecast period. The growth in the market can be attributed to an increase in the number of working parents and changes in the lifestyles of people across the globe. The baby car seat market includes infant, convertible, combination, and booster car seats. During the forecast period, combination baby car seats will witness the highest growth among all product segments. The key competitors in the market are working on improving the product functionalities and following key regulations to instill confidence among consumers. They are expected to expand over the coming years due to a relative growth in demand from less-penetrated countries such as China and India. Request a sample report
Global Baby Monitors Market 2017-2021
The rise in the number of dual-earning families, increased awareness of baby care products especially baby safety products, and concerns over the health and safety of children are propelling the growth of the global baby monitors market. Technavio expects the market to grow at a CAGR of around 10% during the forecast period.
In baby monitors market, innovations regarding product features such as night vision feature and functionality tend to engage consumers. Night vision enabled baby monitors switch to night vision mode automatically in the dark and use infrared LEDs to track the baby during power outages. Examples of such baby monitors are Motorola MBP33 Wireless Video Baby Monitor, Philips AVENT SCD630/37 Video Baby Monitor with FHSS, and many more. Further innovation in the movement monitors segment has facilitated the introduction of products with additional functionalities such as ECG, oxygen level, and temperature monitoring. Such product differentiation provides additional value to consumers looking for effective products to keep track of their children’s health. Request a sample report
Global Automatic Baby Swing Market 2017-2021
Preferences to convenience and changing lifestyle are encouraging working parents to opt for automatic baby swings. Developing countries have witnessed increased purchase of baby swings in the recent years, which can be attributed to rapid urbanization. Aavailability of high-quality products with improved functionality and performance is encouraging product acceptance among consumers.
Advances in technology have resulted in the development of smart baby swings that are enabled with multiple high-tech features. For example, some of the swings offered by Fisher-Price are enabled with smart swing technology. These swings turn off automatically after every 45 minutes. Further, igh-tech baby swings offer diverse movements as opposed to the standard back-and-forth or side-to-side movements. One such example is mamaRoo from 4moms. mamaRoo is Bluetooth enabled, where its motions and sound can be controlled through a smartphone or a tablet. Request a sample report
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