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Baby Strollers Market To Expand With A CAGR Of 5.2 % From 2017 To 2025

The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

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Market Insights

Consistent rise in the birthrate and rising awareness towards baby care accessories has led to sustainable growth of the overall baby care accessories industry worldwide. In addition to the above factors, significant rise in the discretionary income of the people worldwide too has contributed remarkably to the overall baby care accessories market growth. Baby stroller is one such promising market estimated to exhibit continued growth during the forecast period. The demand for baby strollers is majorly driven by the steadily rising birthrate backed by the increasing spending on baby care accessories. The modern day baby strollers help parents to enjoy traveling with their children without compromising their safety and complacency. This has led to substantial penetration of these products across the world.

Proliferation of online stores and portals dedicated to baby care products and accessories is another major factor fueling the baby strollers market. Baby care product manufacturers are contemplating new alliances with online retailers, baby care portals and baby boutique chains. This has aided the baby stroller manufacturers to enhance the promotion of their products and thereby expanding their reach to the customers. Furthermore, companies have been engaged in design and development of new strollers which would cater to the consumers’ changing lifestyle effectively and provide enhanced value for money.

Baby stroller market is segmented according to the product type and geography. The product type segment is further classified as standard stroller, travel system, lightweight stroller (umbrella stroller), jogging stroller and double and triple stroller. As of 2016, standard stroller leads the product type segment in overall baby stroller market; while the travel system is expected to emerge as the fastest growing segment during the forecast period.

Competitive Insights:

The global baby strollers market is highly fragmented and is characterized by the presence of several domestic as well as international players. Companies are devising new avenues such as alliances with baby care portals and online retailers to broaden their distribution network. Baby stroller manufacturers such as Goodbaby International Holdings Limited, Newell Brands, Artsana Group, Combi USA, Stokke AS, Hauck group, Dorel Industries Inc., ABC Design, Emmaljunga Barnvagnsfabrik AB, UPPAbaby, Peg Perego, SeeBaby, My Babiie, and others persistently endeavor new models with enhanced comfort and utility features at competitive pricing to withstand the competition. The companies are also coming up with new strategies to encourage first time parents in order to increase their sales.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Baby Strollers contains:

Analysis and forecast of Specialty Fats and Oils market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Specialty Fats and Oils market;

Assessment and forecast of Specialty Fats and Oils market development;

Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.

Scope

– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026

– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies

– Details of major planned Specialty Fats and Oils projects in the world up to 2026

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