The Global Durable Juvenile Products market is driven by growing number of live births across regions coupled with increasing disposable incomes of parents.
Date: 11 April 2016
The “Global Durable Juvenile Products Market: Trends, Opportunities and Forecasts (2016-2021)
” report published recently by Azoth Analytics explains the growth of the market and the factors that drive growth of the market. The most prominent factor that drives the market is the fertility rate of global population. With steady increase in the number of dual income households the market is anticipated to grow with a CAGR 5.43% in the forecast period 2016-2021.
The report presents findings of a comprehensive study on Global Durable Juvenile Products Market with five major segments namely-Baby Cribs and Cot, Strollers and Prams, Car Safety Seats and Other Durable Juvenile Products. Strollers and prams is a prominent segment across the regions with one of the highest market shares. Parents are becoming aware and are ready to spend more money so that the safety of their babies is uncompromised. Emergence of e-commerce is playing a pivotal role in helping consumers chose product easily and thus driving the sales both online and in brick and mortar stores.
An in-depth analysis of the market is presented in the report which contains major challenges, drivers and trends of the industry. Extensive statistical analysis has provided accurate information about the market size, segments of the market and their shares, regional shares, of the durable juvenile products. The business strategies of major players are discussed and leading companies worldwide have been profiled.