by The baby cribs market comprises beds that provide a safe sleeping space for infants and toddlers. Cribs come in different designs and materials like wood, plastic and metal. They feature adjustable height levels, safety rails, breathable fabrics and non-toxic finishes. Cribs provide protection, comfort and convenience for babies to sleep safely. With growing awareness about health and sustainability, parents prefer eco-friendly cribs made from natural and non-toxic materials like organic cotton, bamboo and wood.
The Global Baby Cribs Market is estimated to be valued at US$ 1.78 Bn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the baby cribs market are Tasman Eco, Boori Australia, LittleBird India, 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., Graco, Inc., Cradlewise, Inc., Fisher-Price, 4 Moms, HALO, Happiest Baby, Inc., Macari Baby, Inc., Mastela, and Ronbei. The growing working population and rising disposable incomes have increased the demand for convenient baby products. Manufacturers are expanding their product offerings and business globally to cater to the demand from international markets.
Growing demand in the market: The rising number of dual-income households and working mothers have increased the demand for easy to use and assemble baby care products. Baby Cribs Market Size provide convenience for parents to move babies between rooms while facilitating safe sleep. Their compact designs, lightweight materials and adjustable features make them very popular.
Global expansion of market: Key players are investing in mergers, acquisitions and partnerships to expand manufacturing capabilities and distribution networks globally. They are focusing on Asia Pacific and Middle East & Africa markets which are witnessing rapid urbanization and growth of nuclear families. Countries like India, China, Brazil and South Africa present huge market potential.
Market key trends
One key Baby Cribs Market Size And Trends is growing demand for eco-friendly cribs. With rising health awareness, parents prefer toxin-free materials that are safest for babies. Manufacturers are developing naturally derived cribs made of organic cotton, bamboo, rubberwood and non-VOC finishes. Some also offer organic bedding and mattresses. Customers willing to pay extra for sustainable products are driving this important trend in the industry.
Porter’s Analysis
Threat of new entrants: Low startup costs however established brands have economies of scale and customer loyalty advantages. Regulations around safety also pose barriers.
Bargaining power of buyers: Moderate as buyers have many options but brands differ on quality, designs and features. Safety standards influence choices.
Bargaining power of suppliers: Low due to availability of many component suppliers and raw material producers. Suppliers dependent on orders from large brands.
Threat of new substitutes: Moderate threat from portable cribs, bassinets and cradles. However baby cribs have advantages of space and longevity.
Competitive rivalry: Intense competition between global and local brands. Players differ on pricing, innovation, durability, styling and customization. Safety certifications are crucial.
Geographical Regions
North America accounts for around 35% of the global market value currently led by the US. This is due to high birth rates, growing middle class and high living standards. The region witnesses regular innovations along with stringent product regulations.
Asia Pacific region is expected to grow the fastest at over 6% during the forecast period with China and India driving volume sales. Rising disposable incomes, expanding middle class and changing social trends are pushing demand for premium and customized baby products.
*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it
Money Singh
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. LinkedIn
