Baby Walker Market Growth to 2020 Driven by Decreasing Infant Mortality Rate
PUNE, India, March 24, 2016 /PRNewswire/ --
The 2016 baby walker market research says that with strict, mandatory government rules and regulations being implemented around the manufacture of baby products like baby walkers in almost all developed countries, it has become imperative for the key players in this market to develop improved quality products that comply with all the rules and regulations. As a result, there has recently been an influx of high-quality products, which is set to fuel the market's growth over the next five years.
Complete report on baby walker market spread across 62 pages, analyzing 5 major companies and providing 19 data exhibits is now available at http://www.reportsnreports.com/reports/514485-global-baby-walker-market-2016-2020.html
The analysts forecast global baby walker market to grow at a CAGR of 3.1% during the period 2016-2020. Baby walkers are rapidly gaining popularity due to factors like the rise in middle-class population with high disposable income and an increase in innovative product launches. Additionally, factors such as the populace's growing preference for eco-friendly baby walkers and the rapid growth of the organized retail sector, which includes the e-commerce sector, will foster the sale of baby walkers until the end of 2020.
In terms of geography, the APAC region is envisaged to dominate the global baby walkers market during the forecast period. Factors such as the populace's rising disposable income, growing brand penetration of baby walkers, and a rise in the number of the internet users will result in this market's growth in APAC during the estimated period. Order a copy of Global Baby Walker Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=514485
The sit-in walkers segment, which includes products like traditional baby walkers, musical and lighting baby walkers, and non-musical baby walkers, is the largest revenue contributor to the global baby walkers market. This segment has gained popularity owing to its multi-functionality and the advent of features like push handle, washable seats, and entertainment center.
Segmentation by Sales Channel and Analysis of the Baby Walkers Market - Chain specialized stores, Mass market stores, Baby boutique stores and E-retailers
The chain specialized stores segment is the leading market segment for the sale of baby walkers and is envisaged to account for over half of the total market share by the end of 2015. These stores have traditionally been the principal shopping destination for parents as they offer a broad range of baby products.
Key players in the global baby walkers market: Chicco, Disney Consumer Products (DCP), Dream On Me, Fisher-Price, and Kids II. Other prominent vendors in the market are: Baby Trend, Brevi, Britax, Combi, Delta Children, Habermaaß, Joovy, Kolcraft, Mamas & Papas, Mee Mee, Mothercare, and VTech.
Further, the baby walker market report states that owing to such risk factors associated with the improper use of sit-in walkers, most parents hesitate to purchase them, which will likely have a negative impact on the growth of the overall market over the next five years.
Another related report is Global Baby Stroller and Pram Market 2016-2020: the research shows that the changing lifestyles are a major factor triggering market growth, which has resulted in a projected CAGR of over 5% for the global baby stroller and pram market during the forecast period. Improved product quality is one of the major trends. According to government rules and regulations, baby strollers and prams have to undergo several quality checks before they are sold in the market. Browse complete report @ http://www.reportsnreports.com/reports/451933-global-baby-stroller-and-pram-market-2016-2020.html
Key players in the global baby stroller and pram market: Baby Jogger, Chicco, Dorel, Evenflo and Graco. Other prominent vendors in the market are: Baby Trend, Brevi, Britax, Bugaboo, Bumbleride, Combi, Concord, Inglesina, Joovy, Mamas and Papas, Mee Mee, Mother Care, Orbit Baby, Peg Perego, Stokke, Thule, and UPPAbaby.
Explore more reports on consumer goods market at http://www.reportsnreports.com/market-research/consumer-goods/
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