Baby Cradle Market Overview
The Baby Cradle Market will obtain a value of USD 2,132.3 million and a CAGR of 4.95% between 2020-2028.
Babies from birth to four months old are placed in the cradle. A newborn needs uninterrupted sleep in sufficient amounts to develop good health. The baby's growth is aided by sound sleep. Because of this, a variety of beds are designed specifically for infants. Over time, this bed's or cradle's design has undergone numerous improvements. Wood made up the traditional baby cradle. This cradle hangs from the wooden pole's peak to allow for swinging. The baby's cradle is furnished with a mattress to provide warmth and comfort. In these cradles, the swinging action can only be executed manually.
Infant and young children's emotional, physical, and overall well-being are strongly influenced by their sleep patterns. It is an extremely important developmental process, particularly in the first two years, and it aids in enhancing learning, encouraging growth, and lengthening infants' attention spans. Because of this, the baby cradle market outlook has increased noticeably worldwide. Baby cradles are compact beds created to comfort babies and young children and keep them from falling to the ground. They also contribute to fostering a restful sleeping environment. The rise of nuclear families is impacting global sales of baby cradles. Major manufacturers are also introducing items with sophisticated safety features as a result of regulatory agencies' rising safety criteria.
The ability of the companies who make infant cradles to produce their products is also being impacted by the worldwide lockdown. Manufacturers in the sector are also experiencing production issues since they are forced to halt production to allay employee worries or operate production with insufficient workers. Obtaining ingredients has also become a top priority for the makers. Due to the ongoing illness outbreak, the company's contracted manufacturer of the baby cradle had to shut down the production facility, which impacted both the production and delivery of the baby cradles. This is further affecting the infant cradle supply-demand equation.
Key Players are
Prominent players in the global baby cradle market include Artsana S.p.A. (Italy), Babybjörn AB (Sweden), Delta Children's Products Corp. (New York), Dream On Me (New Jersey), East Coast Nursery Ltd (UK), Goodbaby International Holdings Limited (China), Kolcraft Enterprises Inc (US), Silver Cross (UK), Natart Juvenile, Inc. (Canada), and Stork Craft Manufacturing Inc (US).
Market Segmentation
The baby cradle market inisghts has been divided globally based on product type, material type, shape, category, distribution channel, and region.
The market for baby cradles has been divided into two product categories: rocking cradles and hammock cradles. In the global infant cradle market for 2020, the rocking cradle segment will hold the biggest market share. The ease provided by rocking cradles is another factor driving the segment's anticipated rapid growth.
The fabric, wood, and metal categories worldwide make up the infant cradle market. Cradles made of wood appear more stylish and attractive. Nowadays, consumers are gravitating more and more toward fashionable goods.
Regional analysis
The largest market for infant cradles worldwide in 2020 is likely Asia-Pacific, which is predicted to develop at a respectable rate during the forecast period. Due to the expansion of professional child care facilities in developing nations, which has increased demand for baby cradles for babies' comfort, safety, and sound sleep, the East Asian market is anticipated to grow at the fastest CAGR in the Pacific market, followed by South Asia. A considerable CAGR is also projected for the region over the projection period due to the rising trend of nuclear families, rising birth rates, and increased demand for cutting-edge baby safety goods.
Recent developments
Danone SA introduced pre-measured tab shapes for formula milk in the UK in March 2021. Meiji and Danone collaborated to combine Meiji's unique tablet production technique with Danone's formula milk formulations. The Aptamil brand of the tablets will only be sold by UK health and beauty retailer Boots.
Early childhood nutrition pioneer Gerber will launch Gerber Organic BabyPops in July 2020. This new puffed corn and oat snack has a delightful, popcorn-like form and is part of Gerber's organic snack collection. Three flavours of BabyPops are available: Peanut, Tomato, and Banana Raspberry.
To meet the rising consumer demand, Procter Gamble invested USD 310 million in January 2020 to expand its Baby Family Care product manufacturing facility in Box Elder County, Utah.
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