How To Make More Global Baby Safety Products Market 2019-2023 By Doing Less
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The global(prsubmissionsite) November 16, 2019 – baby safety products market is expected to grow at a CAGR of 4.87% during the forecast period. Based on the product, the global baby safety products market has been segmented into baby car seats, baby strollers and prams, baby cribs, and baby monitors.
Vendors are focusing on manufacturing baby car seats that comply with ISOFIX standard. The government regulations in various countries such as the US, Canada, Germany, and Australia, that force parents to use baby car seats are driving the growth of this segment of the global baby safety products market. Some of the prominent vendors that offer baby car seats in the global market are Britax Romer, Dorel industries, Newel Brands, and Nuna International.
Vendors are also focusing on increasing their sales by launching new variants of baby car seats with added features. Through these added features, vendors are trying to improve the comfort and safety of babies during travel. Furthermore, most of the vendors in the market focus on expanding their product lines with added features. All these factors are expected to accelerate the growth momentum of this segment of the baby safety products market during the forecast period.
Summary
The global baby safety products market has the potential to grow by USD 3.26 billion during 2019-2023, and the market’s growth momentum will accelerate throughout the forecast period.
Source
https://www.technavio.com/report/baby-safety-products-market-industry-analysis?utm_source=off-page&utm_medium=organic&utm_campaign=2019-ch-w46
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