Baby Car Seat Demand to Witness Noteworthy Growth at 5.3% CAGR; Owing to Rise in Awareness and Technological Advancements: Transparency Market Research

PRESS RELEASE
Published April 11, 2023

WILMINGTON, DE / ACCESSWIRE / April 11, 2023 / Transparency Market Research Inc. - According to a TMR study, the global baby car seat market was valued at US$ 4.0 Bn in 2022 and is expected to expand at a CAGR of 5.3% from 2023 to 2031 and reach US$ 6.3 Bn by the end of 2031.

Transparency Market Research inc., Tuesday, April 11, 2023, Press release picture

Baby car seats are specially designed for infants and kids to protect them from injuries caused during accidents. Parents are concerned about the comfort and safety of their infants and kids while travelling, and ensure that these aspects are taken care of. This is likely to drive the demand for comfortable and safe baby car seats. Furthermore, government bodies of several countries have laid down stringent rules regarding child safety, which are likely to create lucrative opportunities for market players.

Growth of the market can also be attributed to availability of a range of baby car seats, such as cruise convertible reclining car seats with impact protection, amber car seat with rocking bases, rear-facing car seats, and car booster seats, according to the consumer preferences.

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Market Snapshot:

Report Coverage

Details

Market Revenue

USD 4.0 Bn

Estimated Value

USD 6.3 Bn

Growth Rate - CAGR

5.3 %

Forecast Period

2023-2031

No. of Pages

180 Pages

Market Segmentation

Type, Category, Weight Group, Age, Height, Price, Distribution Channel

Regions Covered

North America, Europe, Asia Pacific, Middle East & Africa, South America

Companies covered

Artsana Group, Britax Childcare Group Ltd, Clek Inc., Diono LLC, Dorel Industries, Goodbaby International Holdings Ltd, Indiana Mills and Manufacturing Inc., INFA group, Monahan LLC, Renolux France Industrie

Baby Car Seat Market: Growth Drivers

  • Incidences of road accidents have increased across the globe. This has raised concerns about the security of kids. Parents are being conscious of the safety and comfort of children while traveling.
  • Efforts to reduce the impact of accidents on kids and decrease the fatality rates have led to the development of advanced and sturdy designs to provide utmost protection to children. These aspects are projected to bolster market growth.
  • Child safety norms laid down by government bodies of various countries, such as the U.S. and the U.K., have led to a revolution in the manufacturing process. The safety norms include weight limits, expiry dates, crash testing, and others.
  • The production of baby car seats according to the mandates has led to increasing research & development activities to expand manufacturing capabilities. Hence, the market is likely to register substantial growth in the next few years.
  • Fast-paced urbanization has led to increase in the spending capacity of individuals. Additionally, the urban crowd usually travels during weekends along with family. This creates a need for safety of the child, which is expected to augment the global business.

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Key Findings of Baby Car Seat Market

  • In terms of type, the booster seats segment is projected to witness robust growth during the forecast period due to burgeoning demand. Consumer preference for booster seats has gained traction owing to features such as affordability, easy installation, and simple design. Additionally, these seats provide comfort and safety to the kids and can be adjusted according to consumer needs. Rise in sales of these products is driving the segment.
  • All-in-one car seats are popular among consumers. The seat is rear-facing and can be adjusted according to the age and size of the kid. These seats are expensive, but are long-lasting and durable. These have three or more reclining positions to keep the infant comfortable.
  • The infant seat comprises adjustable inserts and headrests. These factors have shifted consumer preference toward all-in-one car seats.
  • Based on distribution channel, the offline segment is anticipated to witness significant growth due to rise in offline sales of baby car seats. Parents are keen on purchasing accessories related to kids from the local market as they prefer buying things, which can be touched and felt, then just checking them virtually.
  • Supermarkets and hypermarkets have a range of products and brands, which make it easy for consumers to understand the product and their features and make purchase decisions that suit them best. Hence, the offline segment is projected to experience strong growth in the near future.

Baby Car Seat Market: Regional Dynamics

The market in North America is expected to witness robust growth in the next few years, due to presence of key players in the region. Technological advancements and regulatory mandates laid down by the governments have led to increased production capabilities and novel product launches.

The market in Europe is expected to experience strong growth due to the stringent rules regarding child safety. However, Asia Pacific, South America, and Middle East & Africa are anticipated to record sluggish growth due to lack of product awareness and absence of child safety regulations in these regions.

Baby Car Seat Market: Competitive Landscape

Key players operating in the market are focusing on R&D activities to design baby car seats with FR-free fabrics, Bluetooth-enabled chest clips, and linear impact protection features.

Rise in competition to develop durable and luxurious baby car seats has led to addition of new products to the product portfolio.

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Key players operating in the market are:

  • Clek, Inc.
  • Artsana Group
  • Diono LLC
  • Monahan LLC
  • INFA group
  • Britax Childcare Group Ltd.

Baby Car Seat Market: Segmentation

Type

  • Infant Seats
  • Combination Seats
  • Convertible Seats
  • Booster Seats
  • High Back Booster Seats
  • Backless Booster Seats
  • All-in-One Seats

Category

  • Backward Facing Seats
  • Forward Facing Seats

Weight Group

  • Group 0 (0-10 Kgs)
  • Group 0+ ( 0-13 Kgs)
  • Group 1 ( 9-18 Kgs)
  • Group 2 ( 15-25 Kgs)
  • Group 3 (22-36 Kgs)

Age

  • Group 0 (0 to 9 Months)
  • Group 0+ (0 to 15 Months)
  • Group 1 (9 to 48 Months)
  • Group 2 (36 to 84 Months)
  • Group 3 (72 to 180 Months)

Height

  • Under 50 cms
  • 50 to 100 cms
  • 100 to 125 cms

Price

  • Low (Below US$ 100)
  • Medium (US$ 100-400)
  • High (Above US$ 400)

Distribution Channel

  • Online
  • E-commerce Website
  • Company-owned Website
  • Offline
  • Hypermarkets & Supermarkets
  • Specialty Stores
  • Departmental Stores

Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

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