London, 03 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Baby Stroller and Pram Market 2015-2019, which is expected to grow at a CAGR of 4.99 percent during the period 2014-2019.
Countries such as India, China, and Russia have witnessed major changes in their demand patterns for baby care products and are expected to be the next destinations for all major global players in the Global Baby Stroller and Pram market. Emergence of e-commerce and the increased number of online shopping websites have increased the demand for baby strollers and prams, leading to the growth of the Global Baby Stroller and Pram market.
“With government laws enforcing use of baby car seats, parents are increasingly considering the combined usage of baby strollers and baby car seats, which is not only convenient but also economic,” says Faisal Ghaus, Vice President of TechNavio.
“There is an increased trend for twin strollers, which can carry two babies, or have a sub-layer to store goods such as milk bottles, diapers, or other baby accessories.”
Key Market Drivers
- Increased Urbanization
- Changing Lifestyles
- Increased Disposable Income
- Improved Functionality and Performance
Key Market Trends
- Improved Product Quality
- Increase in Demand from Developing Nations
- Innovative Marketing Techniques Adopted by Vendors
- Improved Specificity and Multi-functionality of Baby Strollers
Key Market Vendors
- Chicco (Artsana SpA)
- Dorel Industries Inc.
- Evenflo Company Inc.
- Kid Brands 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%…
