Global Baby Cribs and Cots Market 2016-2020
Our team recognizes the following companies as the key players in the global baby cribs and cots market: Delta Children, Goodbaby International, Storkcraft, Silver Cross, and The MDB Family.
Other Prominent Vendors in the market are: BabyBjörn, Baby’s Dream Furniture, Chicco, Dream On Me, East Coast Nursery, Graco, Kolcraft, Mamas & Papas, Mee Mee, and Stokke.
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Commenting on the report, an analyst from our team said: “Growing preference for aesthetically appealing cribs and cots will be a key trend for market growth. In many developed countries like the US, Canada, Germany, and Australia, there is a consumers are increasingly inclined toward interior design and unique designer décor. The fashion conscious consumers, especially those with high income, are willing to pay premium amounts for products that come are aesthetically appealing and suit their personality. Consumers are increasingly investing in baby cribs and cots of different types and looks, depending on the kind of nursery design that appeals to them. For instance, few consumers prefer baby cribs and cots that come with metallic based paint finishes to give the product a royal look. Some consumers have a preference for cribs and cots with soft colors like lavender, lilac, and pale green as they bring a light and airy feel to the nursery. Cribs and cots are also becoming a design statement and many parents are looking for these products with modern and stylish looks. There is a growing inclination toward cribs and cots made with sophisticated materials.”
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According to the report, one of the key drivers for market growth will be high emphasis on creating safe sleep environments. When babies sleep on adult beds, they are at a higher risk of suffocation or being injured due to accidental rollover by another individual. Due to this, associations such as the American Academy of Pediatrics strongly recommend room sharing while avoiding bed sharing. Sudden Infant Death (SIDS) is one of the leading causes of deaths in infants below one year of age. This is mainly because of objects that interfere with the infant’s ability to breathe while the infant is asleep. In New York, US, annually, close to 50 infants die from sleep-related injury. In North Carolina, during the period 2010-2014, over 120 babies died due to sleep related causes.
Further, the report states that growing market for used cribs and cots will be a challenge for the market. The growing popularity of used baby cribs and cots through web portals such as eBay, Preloved, Gumtree, and OLX has the potential to restrict market growth over the next five years. As used baby cribs and cots are priced much lower than new products, consumers in the mid-income segment who want products with advanced features and better quality, yet are reluctant to spend a high amount of money on them are opting for these second-hand baby cribs and cots. Cribs and cots from high-end brands such as Stokke, Bloom, and ducduc are also available second-hand. For instance, a second-hand Stokke Sleepi Crib can be availed for as low as $350, while the market price for the new product is $800. The online market for used products is expanding in countries such as India, South Africa, Nigeria, Ghana and Zimbabwe. JiJi, reCrib, OLX, Quikr, Tonaton, and bidorbuy are some of the popular online marketplaces selling used baby cribs and cots. The increasing preference for, and sale of, second-hand cribs and cots is therefore affecting the sales of new cribs and cots, which could be a restricting factor on the market’s growth in the coming years.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit-https://marketreportscenter.com/reports/383366/global-baby-cribs-and-cots-market-2016-2020
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