Baby Cribs & Cots Market Outlooks & Growth Trends Highlighted until 2022

Posted by Arslan on June 18th, 2019

Departmental stores and hyper/super market will continue to be the dominant sales channels in the global baby cribs & cots market size. Revenues from these two sales channels will collectively surpass US$ 1,000 Mn by 2022-end. The global market for baby cribs & cots will exhibit an impressive CAGR throughout the forecast period (2017-2022), according to a recent research report by FactMR. Revenues from the market are forecast to reach approximately US$ 2,500 Mn by 2022-end.

Baby cribs or cots are small beds, particularly made for infants or very young children. Baby cribs & cots are historically a recent development. The cage like design or walls provided in baby cribs & cots protect the child from falling off the crib. Infant beds are generally observed in regions affected by westernization, and employed by majority of parents, mostly because of cultural or traditional practices. Various product types of baby cribs & cots are available in the market that include standard, convertible, portable, travel, specialty, bassinet, and multifunctional baby cribs & cots.

Growing Preference for Multipurpose Baby Cribs & Cots will augment the Market Growth

Today’s parents are seeking baby cribs & cots that provide multipurpose uses, as such products are economical and convenient. Vendors in the market are introducing baby cribs & cots equipped with adjustable mattresses, as well as cribs & cots capable of transforming into toddler beds, facilitating accommodation of babies as they grow. Manufacturers are also offering several additional functionalities and features in baby cribs & cots, such as extended sleeping area, fixed wheels for better mobility, short distance between side slats so as to prevent baby’s body parts from getting through the center, and static side rails for preventing babies from rolling over.

With growing awareness among consumers about sustainable products, vendors are now focusing on the development of eco-friendly baby cribs & cots using raw materials such as non-toxic paints and sustainable wood, depriving babies of any side effects from crib’s/cot’s constituents. In addition, parents across the globe are increasingly preferring aesthetically appealing baby cribs & cots, which in turn has led to development of a variety of styles in these cribs & cots. A major factor barring the market growth is low penetration of baby cribs & cots in underdeveloped economies, where cost of these products is the prime concern for people with low disposable income.

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Standard Baby Cribs & Cots to remain Most Lucrative among Products in the Market

On the basis of product type, sales of convertible, portable and travel baby cribs & cots are expected to register the fastest expansion, with portable baby cribs & cots expected to reap relatively larger revenues by 2022-end. Standard baby cribs & cots are anticipated to remain the most lucrative among products, followed by portable baby cribs & cots.