Global Baby Carrier Market expands with the rising demand from parents

Market Overview:
The global baby carrier market is estimated to develop with a CAGR of 4.03% during the outlook period.
Ease of mobility, innovation in functionality and style, and the demand for ergonomic baby carriers are the main reasons for the popularity of baby carriers around the world. Unlike strollers and strollers, baby carriers are preferred because they increase the physical and psychological bond between baby and parents. In addition to the ease of mobility and hands-free convenience, baby carriers have reduced the number of products that must be carried while parents are with their babies, primarily driving the demand for baby carriers. The growth of the industry has also been supported by a growing number of certified baby transport consultants and organizations, such as Babywearing International, seeking to educate parents and other caregivers on how to wear bandages and slings.

Recent Developments:
Parents love spending time outside with their little ones. However, fun outdoor activities and being close to nature can be difficult when you have very young children, or three-year-olds who insist on walking but tire quickly and ask to be held. Therefore, BabyBjörn has recently launched its latest baby carrier, known as One Outdoors.

Market Drivers and Restraints:
Key factors impacting the growth of the global baby carrier market include the growing demand for ergonomic baby carriers, innovation in functionality and new advanced styles in baby carriers, and the growing need for baby carrier mobility among parents. Some of the main challenges and constraints affecting the growth of the baby carrier market are parents' concerns about comparing time versus cost. This is because, as children grow rapidly, baby carriers need to be changed based on their weight, age, and size. Therefore, the use of baby carriers that are not suitable for the weight of the baby and that could affect their safety is not recommended.

Failure to do so can cause the carrier to sag due to the improper weight of the baby, resulting in fatal accidents. This prevents many parents from buying baby carriers. However, the global baby carrier market is supposed to overcome obstacles over the projection period due to the increasing penetration of social media and online retail for purchases and returns. An increase in the number of working women around the world has also led to an increase in baby carrier sales around the world. Additionally, vendors seek to innovate their products to gain significant market share, contributing to overall market growth globally.

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Report is segmented as:
By Product:
• Buckle
• Backpack
• Sling
• Others

By Distribution:
• Supermarkets/Hypermarkets
• Convenience store
• Online

Geographical segmentation:
Based on geography, the global baby carrier market is divided into regions of Asia Pacific, Latin America, North America, Europe, the Middle East and Africa. Among these regions, North America was the dominant regional market with an estimated revenue of $ 6.3 billion in 2018. This growth is attributed to consumer awareness of the safety and convenience these products offer.

Key market players:
The key players in the global baby carrier market include BabyBjrn, MOBY, Artsana, Chimparoo, Ergobaby, Evenflo, Infantino, Brevi, Baby K'tan, Bitybean, Baby Tula, Hot Slings, BabySwede, Snuggy Baby, Beco Baby, Balboa Baby, Beachfront Baby, JJ Cole Collections, and Combi among others.

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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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