The North America Baby Safety Gadgets Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028).
The features in gadgets have drawn many new customers from all classes of society and established cities and nations, opening the door for a sizable market. The market has generated a sizable quantity of demand, which is having a noticeable impact on day-to-day life. The market for baby safety devices is seeing the introduction of numerous new specialty and retail establishments, as well as daycare facilities. Consumers' growing awareness of the need for newborn safety has opened the door for manufacturers to introduce a variety of new baby safety devices.
Additionally, a large number of reputable NGOs and organizations are actively promoting child and baby safety. This is also anticipated to raise awareness of child safety, which is anticipated to favorably affect the market expansion for baby safety devices. To take advantage of the current demand, many firms in the infant safety gadgets industry are concentrating on increasing their market penetration.
The United States is the primary market for baby safety gadgets in North America. The market is growing as more educated and employed women enter the workforce. 76.4 percent of women were employed in 2019 overall. Although this was an increase from 57.1 percent in 2018, it was still 2.6 points below the 1999 peak of 60.0 percent. The substantial increase in women's labor force participation throughout the second half of the 20th century marked a fundamental shift in the labor market. With the start of the twenty-first century, women's labor force participation started to decline until it recently hit a low of 56.7 percent.
The US market dominated the North America Baby Safety Gadgets Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,274.9 million by 2028. The Canada market is poised to grow at a CAGR of 9.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.5% during (2022 - 2028).
Based on Price Range, the market is segmented into Economical and Premium. Based on Distribution Channel, the market is segmented into Hypermarket/Supermarket, Specialty Stores, Online Sales Channel, and Others. Based on Product Type, the market is segmented into Baby Monitor, Pool Alarm, Smoke & Carbon Detector, Smart Baby Car Seat, Smart Baby Stroller, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Baby Safety Gadgets Market is Estimated to reach $4.8 Billion by 2028, at a CAGR of 7.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BRITAX Römer GmbH, Artsana Group Chicco, Dorel Industries, Inc., Newell Brands, Inc. (Baby Jogger, LLC), Baby Trend, Inc., Munchkin, Inc., Cosatto Limited, Summer Infant, Inc. (Kids2, Inc.), Nanit, and Owlet, Inc.
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