Baby Cribs and Cots Market Revenue to Attain USD 2.81 Billion by 2033

27 Nov 2024

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Table of Content

1. Baby Cribs and Cots Market Revenue and Trends 2023 to 2033 2. Market Overview 3. Report Highlights of the Baby Cribs and Cots Market 4. Baby Cribs and Cots Market Trends 5. Regional Snapshot 6. Baby Cribs and Cots Market Coverage 7. Market News

Baby Cribs and Cots Market Revenue and Trends 2023 to 2033

The global baby cribs and cots market revenue was valued at USD 1.72 billion in 2024 and is expected to attain around USD 2.81 billion by 2033, growing at a CAGR of 5.62% during the forecast period. Increasing disposable income in the population and the consumer preference for spending on baby products and devices are driving the growth of the baby cribs and cots market.

Market Overview

The baby cribs are a comfortable and safe place for sleeping babies. The baby cribs are specially designed for newborn babies under the age of 6 months. There are different types and designs of baby cribs and cots available on the market which are compatible with fixing them in the bedroom. Some of the most popular baby cribs include bedside cribs, round cribs, and rocking cribs. There are leading market players who continue developing and launching advanced baby cribs that provide enhanced safety to the baby.

Report Highlights of the Baby Cribs and Cots Market

• By type, the standard cribs segment dominated the market in 2023. The higher adoption of the standard cribs or the traditional type of cribs due to their affordability and safer sleep for babies is accelerating the growth of the standard cribs segment.
• By type, the convertible cribs segment will grow rapidly in the market during the forecast period. The increasing demand for convertible cribs due to the enhanced convenience, safety, and longer lifecycle is driving the growth of the segment.
• By material, the wood segment accounted for the largest share of the market in 2023. The increase in the adoption of wooden baby cribs is due to the health benefits and durability of the wood material baby cribs.  
• By material, the metal segment is projected to experience significant growth in the market during the forecast period. Metal-based baby cribs provide increased durability and cost-effectiveness, which drives the segment's expansion. 
• By distribution channel, the offline retail channel segment led the market in 2023. The rising acceptance of the offline retail stores such as supermarkets, hypermarkets, and specialty stores that provide greater varieties in the baby cribs with different brands are driving the expansion of the segment in the market. 
• By distribution channel, the online retail channel segment will witness the fastest growth in the market during the predicted period. The rising e-commerce industry and the acceptance of online shopping by the younger generations are accelerating the expansion of the segment in the market. 

Baby Cribs and Cots Market Trends

• Increasing disposable income: The increasing economic growth in the global population and the disposable income drive the expenditure in the lifestyle, and the surging expenses on baby products are collectively driving the growth of the market. 
• Technological advancements: The increasing technological advancements in the baby cribs such as integration of the artificial intelligence into the baby cribs for real time monitoring and improving the safety features is accelerating the expansion of the baby cribs and cots market.
• Increasing market competition: The rising market competition among the baby products players and the entrance of new market players with advanced products and innovative launches in the baby products are contributing to the growth of the baby cribs and cots market.

Regional Snapshot

North America dominated the global baby cribs and cots market in 2023. The rising demand for smart cribs by new-age parents is due to their working schedule and the need for relaxing and comforting sleep for babies. The growing population and the advancement in technologies in baby food and products are accelerating the growth of the market. The availability of leading market players in countries like the United States and Canada is one of the factors that has highly impacted the market in the region. 

Asia Pacific is expected to witness the fastest growth in the baby cribs and cots market during the forecast period. The growth of the market is owing to the rising population and the growing childbirth rate in India and China, which are positively influencing the sales of baby cribs and cots. The increasing research and development program in the technological integration of baby cribs, such as the launch of smart cribs in the market.

Baby Cribs and Cots Market Coverage

Market News

• In May 2024, HunyHuny, a leading player in premium Baby and Parenting products, is aiming to revolutionize the parenting experience with the grand launch of its latest store in Bangalore, India.
• In May 2024, Smartsters, a leading player in innovative children’s furniture, expanded its portfolio with the addition of the infant category. The brand has launched the latest collection of cribs, such as cocoon cribs with wheels and snuggles – height adjustable cribs, and cot beds.

Market Segmentation

By Type

• Standard Cribs
• Convertible Cribs

By Material

• Wood
• Metal
• Plastic
• Other

By Distribution Channel

• Offline Retail
• Online Retail

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