GVR Report cover Baby Cribs And Cots Market Size, Share & Trends Report

Baby Cribs And Cots Market Size, Share & Trends Analysis Report By Product (Portable, Convertible, Standard, Multifunctional), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2019 - 2025

  • Report ID: GVR-3-68038-809-1
  • Number of Pages: 80
  • Format: Electronic (PDF)

Report Overview

The global baby cribs and cots market size to be valued at USD 1.67 billion by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% during the forecast period. Rising popularity and usage of baby care products, such as strollers, monitors, and cribs, as a result of the growing need for advanced baby safety products, are expected to spur the growth of the market. Also, an increasing number of nuclear families, particularly in developing countries, will have a positive impact on 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 the market growth.

Baby Cribs And Cots Market size, by product

Thus, technological advancements by major companies are estimated to drive the product demand further such as, convertible cribs showcasing 3- and 4-in-1 conversions, which can be altered to a toddler bed, day bed, and a full-sized bed for babies. For instance, a 3-in-1 convertible crib, which features four different height adjustments and several mattress settings, by Babyletto.

North America was the dominant regional baby cribs and cots market in the past. It is said to retain its leading position throughout the forecast years due to high awareness levels about the availability of advanced baby safety products. The Asia Pacific, however, is expected to be the fastest-growing regional market from 2019 to 2025 on account of the rising number of working individuals and increased consumer disposable income levels.

Baby Cribs And Cots Market Trends

Technological advancements by manufacturers have resulted in the emergence of converting cribs that can be transformed into full-sized beds or toddler beds for babies. The increasing demand for these kinds of items is attributed to the number of parents looking for baby cribs and cots that are reasonable, comfortable, and versatile.

The rising popularity and use of baby care products such as walkers, cribs, and cots and the growing need for enhanced baby safety products are major drivers leading the market growth. Further, the rising number of nuclear families is significantly influencing the products’ overall growth.

The COVID-19 pandemic significantly hampered the baby crib and cot sales due to the closure of many manufacturing operations. High product costs and complexity in supply chain operations restricted the market growth. The baby cribs and cots market is anticipated to experience raw material shortages over the forecast period.

Increasing disposable incomes and standard of living are essential aspects driving the opportunities for manufacturers of baby cribs and cots. Parents' tendency to purchase baby gear and other supplementary items has prompted manufacturers to leverage the trend and achieve huge popularity.

Product Insights

Convertible cribs & cots product segment accounted for the largest share of the global market segment of more than 53% in 2018. The segment will expand further at a steady CAGR from 2019 to 2025 as convertible cribs & cots are cost-effective and have easily detachable bed rails and longer durability. Moreover, constant product innovation in the segment will 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. Multifunctional cribs & cots segment is expected to grow at the fastest CAGR of 5.4% from 2019 to 2025.

Multifunctional products incorporate one or more pieces of furniture, which creates more space in a smaller nursery. New product developments in this segment are likely to augment the segment growth. For instance, in 2015, Stokke LLC introduced the modular and multi-functional nursery, Stokke Home. It includes a dresser, crib, portable cradle, and changer, all of which can be attached to one product or stand individually.

Distribution Channel Insights

The offline distribution channel segment accounted for the largest market share of more than 75% in 2018. Specialty stores, in particular, led the offline distribution channel segment. These stores have a wide variety of advanced baby safety products such as cradles, prams, strollers, and cribs. An increasing number of hypermarkets and supermarkets across the globe will also fuel the growth of the offline distribution channel segment.

Baby Cribs And Cots Market share, by distribution channel

The online distribution channel segment is expected to witness the fastest CAGR of 5.0% from 2019 to 2025. The availability of a variety of products from different brands and great deals on pricing are driving the segment. Moreover, doorstep delivery services offered by online retailers with flexible payment options are expected to boost product sales through online channels.

Regional Insights

North America was the dominant regional market in 2018 and accounted for a share of more than 32%. The market is projected to expand further at a steady CAGR during the forecast years on account of increased awareness levels about the availability of advanced baby care and safety products. Besides, the rising number of single parents in the region is driving the product demand further. According to the U.S. Census Bureau 2015, there were approximately 13.7 million single parents in the U.S.

Baby Cribs And Cots Market Trends by Region

On the other hand, Asia Pacific is estimated to be the fastest-growing regional market from 2019 to 2025. Some of the key factors responsible for this growth include the rising number of working individuals and levels of consumer disposable income. Also, an increasing number of nuclear families in developing countries will have a positive impact on product demand.

Key Companies & Market Share Insights

Prominent companies in the global 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. These companies focus more on expanding their product line incorporating advanced features to gain a higher industry share. For instance, in 2017, Ford Motor Company introduced The Max Motor Dreams cot.

Recent Developments

  • In March 2022, Evenflo, a manufacturer and supplier of infant and children’s products, launched All4One DLX, a 4-in-1 baby car seat. This seat is integrated with SensorSafe technology which sends real-time updates.

  • In November 2021, CYBEX announced the launch of the Anoris T i-Size. With its inbuilt airbag system, the forward-facing seat provides roughly 50% more protection than ordinary forward-facing seats.

Baby Cribs And Cots Market Report Scope

Report Attribute

Details

Revenue forecast in 2025

USD 1.67 billion

Growth rate

CAGR of 4.6% from 2019 to 2025

Base year for estimation

2018

Historical data

2015 - 2017

Forecast period

2019 - 2025

Quantitative units

Revenue in USD billion and CAGR from 2019 to 2025

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, distribution channel, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country scope

U.S.; Germany; U.K.; India; China; Brazil

Key companies profiled

Haribo; Cloetta; Ferrara Candy; Nestlé; Mondelez International, Inc.

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

Global Baby Cribs And Cots Market Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For this study, Grand View Research has segmented the global baby cribs & cots market report based on the product, distribution channel, and region:

Global Baby Cribs And Cots Market Segmentation

  • Product Outlook (Revenue, USD Million, 2015 - 2025)

    • Convertible

    • Standard

    • Multifunctional

    • Portable

  • Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

    • Offline

    • Online

  • Regional Outlook (Revenue, USD Million, 2015 - 2025)

    • North America

      • The U.S.

    • Europe

      • Germany

      • U.K.

    • Asia Pacific

      • China

      • India

    • Central & South America

      • Brazil

    • Middle East & Africa

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