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According to a new report, published by KBV research, The Global Baby Stroller Market size is expected to reach $3.2 billion by 2031, rising at a market growth of 5.5% CAGR during the forecast period. In the year 2023, the market attained a volume of 19,118.2 thousand units, experiencing a growth of 21.2% (2020-2023).
The E-commerce segment is experiencing a CAGR of 5.7% during (2024 - 2031). E-commerce offers unparalleled convenience, allowing parents to browse and purchase baby strollers from the comfort of their homes or on the go. This convenience particularly appeals to busy parents who may not have the time to visit physical stores. E-commerce allows consumers to access baby strollers from anywhere, including regions where physical specialty stores may be limited or inaccessible. This accessibility broadens market reach and increases availability to a global audience.
The 6 - 12 months segment is leading the Global Baby Stroller Market by Age in 2023; thereby, achieving a market value of $1.5 billion by 2031. Infants between 6 to 12 months are typically at a stage where they can sit upright unsupported or with minimal support. This prepares them to transition from being carried in a baby carrier or car seat to sitting in a stroller. Babies in this age range are curious and increasingly interested in their surroundings. A stroller provides a comfortable and safe environment to observe and interact with their environment while securely strapped in.
The Full Size Stroller segment is registering a CAGR of 5.7% during (2024 - 2031). Full-size strollers are designed to provide maximum comfort for the child and the parent. They are generally equipped with extensive storage options, padded reclining seats, and spacious seating, making them suitable for extended excursions and weather conditions. Full-size strollers are often built with durable materials and robust construction, designed to last through multiple children or extended periods of use. This durability appeals to parents looking for a long-term investment in a stroller.
Full Report: https://www.kbvresearch.com/baby-stroller-market/
The North America region dominated the Global Baby Stroller Market by Region in 2023; thereby, achieving a market value of $1.1 billion by 2031. The Europe region is anticipated to grow at a CAGR of 5.1% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 6.3% during (2024 - 2031).
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Age (Volume, Thousand Units, USD Billion, 2020-2031)
By Product Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
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