NEW YORK, March 22, 2021 /PRNewswire/ -- The baby carrier market is poised to grow by USD 224.68 million during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the baby carrier market.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Artsana Spa, BabyBjorn AB, Babymoon BV, Britax Child Safety Inc, Blue Box, Combi Corp., The Ergobaby Carrier Inc., Goodbaby International Holdings Ltd., Snuggy Baby LLC, and Tomy Co. Ltd. are some of the major market participants. Although the emergence of innovative baby carriers will offer immense growth opportunities, increasing demand for baby strollers and prams is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this baby carrier market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Baby Carrier Market 2020-2024: Segmentation
Baby Carrier Market is segmented as below:
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Baby Carrier Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The baby carrier market report covers the following areas:
This study identifies changing lifestyles coupled with the rise in single-parent and nuclear families as one of the prime reasons driving the Baby Carrier Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Baby Carrier Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution channel
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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