The global baby cribs and cots market size is estimated to reach USD 2.22 billion by 2030, expanding at a CAGR of 5.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing need for advance baby safety products is the key factor responsible for the growth of this market. Rising number of working individuals across developing regions, such as India, China, and Indonesia, is also projected boost the market growth.
In addition, increasing number of nuclear families in these countries will have a positive impact on the market development. Stringent safety standards incorporated by the U.S. Consumer Product Safety Commission (CPSC) have impelled manufacturers to develop products with advanced safety features. This is also anticipated to fuel the demand for baby cribs and cots, thereby augmenting market growth. For instance, in 2019, Shnuggle introduced Shnuggle Air Cot Conversion Kit, which helps convert bedside crib into a cot. The product is designed with dual view mesh sides, hypoallergenic fabrics.
The convertible cribs & cots product type segment is estimated to lead the market, accounting for the largest market share by 2025. These products can be easily converted into a standard one, day bed, children’s bed, double bed, and a small sofa. Moreover, these products are cost-effective and highly durable. In addition, product innovations in this segment are projected to drive the segment further. For instance, Kalani 4-in-1 Convertible Crib by DaVinci Baby, which can be converted into a toddler bed, day bed, and a full sized bed.
The online distribution channel segment is expected to witness the highest CAGR of 5.0% from 2019 to 2025. Rapidly expanding e-commerce sector, especially in emerging regions and increasing popularity of online retailers, such as Amazon, are estimated to boost the segment growth. In addition, extensive usage of smartphone devices and internet will also support segment growth. Asia Pacific is expected to be the fastest-growing regional market from 2019 to 2025 on account of rising number of working individuals and increased consumer disposable income levels.
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The multifunctional segment is expected to register the fastest CAGR of 6.5% during the forecast period.
Offline distribution channels accounted for the largest market revenue share in 2023.
North America baby cribs and cots market dominated the market and accounted for the largest market revenue share of 31.5% in 2023.
Top companies in the baby cribs and cots market are Goodbaby International Holdings Ltd.; Delta Children's Products Corp.; Silver Cross; Storkcraft; Dream On Me, Inc.; Sorelle Furniture; Million Dollar Baby Co.; Natart Juvenile, Inc.; and Graco, Inc.
Grand View Research has segmented the global baby cribs and cots market based on product, distribution channel, and region:
Baby Cribs And Cots Type Outlook (Revenue, USD Million, 2018 - 2030)
Animal-like
Humanoid
Baby Cribs And Cots Age-Group Outlook (Revenue, USD Million, 2018 - 2030)
Children
Adult
Geriatric
Baby Cribs And Cots End Use Outlook (Revenue USD Million, 2018 - 2030)
Nursing homes and elderly care centers
Hospitals and clinics
Home healthcare
Personal use
Baby Cribs And Cots Regional Outlook Revenue (USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Spain
Italy
France
Denmark
Norway
Sweden
Asia Pacific
Japan
China
India
Australia
Thailand
South Korea
Latin America
Brazil
Mexico
Argentina
MEA
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players in Baby Cribs And Cots Market
Goodbaby International Holdings Ltd.
Delta Children's Products Corp
Silver Cross
Storkcraft
Dream On Me
Sorelle Furniture
Million Dollar Baby Co.
Natart Juvenile, Inc.
Leander
Graco
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