Baby Safety Seats Market Overview:
Global Baby Safety Seats Market is expected to register a CAGR of 5.60% from 2020-2027 and reach USD 7.60 billion by the end of 2027.
Child safety seats are built specifically car seats for infants that safeguard them from any risks related to traveling in a vehicle, like collisions, accidents, or automobile crashes.
Market segmentation:
Type, as well as a distribution channel, are the two primary divisions of the Baby Safety Seats Market Overview. These categories are further divided into many portions.
By Type
Infant seats, combination seats, booster seats, and other seats make up the Baby Safety Seats Market type section.
By Channel of Distribution
The market's distribution channels are divided into two types: store-based and non-store-based. Specialty stores, supermarkets, hypermarkets, and others are all characterized as store-based. The products are delivered to the clients via various routes.
Regional Analysis:
The Baby Safety Seats Market covers main continents throughout the world, including Asia Pacific, North America, Europe, as well as the rest of the world, as per geographical status.
Because of the increased concern amongst parents in offering benefits and importance to their children, North America is regarded as the dominant market continent. The governments of countries like the United States and Canada have made it mandatory for parents for using baby safety seats as a precaution. This area's market is being propelled by these factors.
Due to the rising need for baby safety seats throughout major emerging nations like India and China, the Asia Pacific area is expected to grow at the fastest rate during the projected period. The market is being driven by these areas' higher per capita disposable incomes.
Europe now holds a sizable portion of the Baby Safety Seats Market Share, and this is predicted to maintain this position throughout the evaluation period. The area is seeing rapid expansion as a result of increased investment in research and development, which has resulted in more product developments.
Other parts of the world are expected to increase at a steady pace, owing to parents' increasing worry and understanding about the safety of their children.
Competitive Intensity:
The key players of the Baby Safety Seats Market are helping the market to emerge at the global level. The players plan the future developments and other necessary improvements to meet the customer's demand. The presence of industrial players in various regions is accelerating the global Baby Safety Seats Market Size. Here is the name of the major players in the market.
- p.a (Italy)
- Diono LLC (US)
- Newell Brands Inc. (US)
- Goodbaby International Holdings Limited (China)
- Nuna International BV (Netherlands)
- Kiwi Baby Howick (New Zealand)
- BREVI MILANO S.P.A. (Italy)
- Britax Child Safety, Inc (US)
- Clek Inc. (Canada)
- Mothercare Plc (UK)
- InfaSecure (Australia)
- Combi, Inc. (Canada)
- Dorel Juvenile Group of Companies (US)
- Renolux France Industrie (France)
- Orbit Baby, Inc. (US)
Industry news:
The market is being fuelled by factors like rising urbanization and an increase in the number of children below the age of 14 who are involved in accidents. Furthermore, expanding public awareness of road safety, government-enforced tough legislation, and growing parental concerns about their kid’s safety are all driving up the need for child safety seats. Within the projection period of 2022 to 2029, the rise in the number of activities performed by government agencies or non-profit organizations (NGOs) to raise awareness about child safety would further cushion market expansion. Nevertheless, the increasing cost of child safety seats, as well as the declining birth rate, may limit the market's growth.
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