Baby Safety Seats Market Overview:
Baby Safety Seats Market is expected to register a CAGR of 5.60% from 2022 to 2030 and reach USD 7.6 Billion by the end of 2030.
Baby seats are specially designed seats for preventing infant and children from physical injuries. These seats are purchased by customers separately or installed separately by car dealers at the insistence of customers. The global baby safety seats market report compiled by Market Research Future (MRFR) looks at child safety policies as well as improvements in baby car seats and new trends to look out for the period of 2022 to 2030 (forecast period).
Baby Safety Seats Market Scope:
The global Baby Safety Seats Market Manufacturers is expected to reach a significant valuation of USD 7.6 billion by 2030 by exhibiting a CAGR of 5.60% during the forecast period. The comfort provided by baby seats to children below the age of 6 during long journeys is likely to drive the market growth. They are designed to protect infants and children in the perchance of road accidents. New innovations in materials, seat designs, and car safety policies will navigate the market through new waters. Approved labels on baby seats by federal bodies will be used in cars and not cause confusion among adults.
Competition Outlook:
The key players of the Baby Safety Seats Market are helping the market to emerge at the global level. The players plan the future developments and other necessary improvements to meet the customer's demand. The presence of industrial players in various regions is accelerating the global Baby Safety Seats Market Size. Here is the name of the major players in the market.
ArtsanaS.p.a (Italy), Diono LLC (US), Newell Brands Inc. (US), Goodbaby International Holdings Limited (China), Nuna International BV (Netherlands), Kiwi Baby Howick (New Zealand), BREVI MILANO S.P.A. (Italy), Britax Child Safety, Inc (US), Clek Inc. (Canada), Mothercare Plc (UK), InfaSecure (Australia), Combi, Inc. (Canada), Dorel Juvenile Group of Companies (US),Renolux France Industrie (France), Orbit Baby, Inc. (US)
Baby Safety Seats Market Segmentation:
The global baby safety seats market has been segmented based on type and distribution channel.
The global baby safety seats market has been classified, by type, into infant seats, combination seats, booster seats, and others. The infant seats segment will dominate the market due to the large probability of infants falling during vehicle collisions and accidents. On the other hand, the combination seats segment is likely to generate revenue at the largest CAGR during the forecast period owing to the use of these seats for children up to the age of 12.
The global baby safety seats market has been bifurcated, since distribution channel, into store-based and non-store-based. The store-based segment has further been divided into supermarkets and hypermarkets, specialty stores, and others. Among them, the store-based channel is likely to dominate due to the large market share in 2018. Strong vendor network, deep discounts, and availability of latest products can garner huge revenues. On the other hand, the non-store-based segment can witness a rise in market share in the coming years owing to the preference of online shopping.
Regional Analysis:
The global baby safety seats market has been analyzed for four key regions—North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
North America is portended to dominate the market owing to safety policies outlines by governments of Canada and the U.S. Awareness of baby seats among the parents in these economies will drive the global baby safety seats market growth till 2024. On the other hand, APAC can register the highest growth rate during the forecast period due to the rise in disposable income levels among the populace in China and India. The large number of road accidents will drive the demand for the product throughout the forecast period. Policies in Malaysia making the use Climate Control Seats mandatory in cars will be opportunistic for the market.
Recent Market Developments:
According to the recent report, the Directorate General of Civil Aviation (DGCA) has announced an advisory to all airlines for installing child restraint systems (CRS) to protect and restrain infants, which followed the recommendations of a sub-committee form after the 2020 Air India Express accident in Kozhikode. These devices are secured using aircraft seat belts which will secure the infant in the aircraft seat. The DGCA also stated that efficient usage of these devices is one of the most basic and important factors to survive an accident.
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