According to a new report, published by KBV research, The Global Baby Carrier Market size is expected to reach $2.6 billion by 2031, rising at a market growth of 4.2% CAGR during the forecast period. In the year 2023, the market attained a volume of 31,557.9 thousand units, experiencing a growth of 15.8% (2020-2023).
The Offline segment is leading the Global Baby Carrier Market by Sales Channel in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.9 billion by 2031. Offline retail stores provide parents with the opportunity to see and touch the baby carriers before making a purchase. This hands-on experience allows them to assess the carrier's quality, comfort, and features, which can be particularly important when choosing a carrier that will be used to carry their baby. Physical stores offer visibility for baby carriers, allowing them to be prominently displayed and easily accessible to customers browsing in-store. Eye-catching displays and demonstrations can attract attention and encourage impulse purchases.
Wrap/Sling Carriers segment is anticipating a CAGR of 3.9% during (2024 - 2031). Many wrap and sling carriers offer discreet breastfeeding options, allowing mothers to nurse their babies while on the move. It is possible to modify the cloth to create a private space for feeding, making it convenient for breastfeeding on the go. Furthermore, because wrap and sling carriers are frequently small and light, they are convenient to move and store when not in use.
Full Report: https://www.kbvresearch.com/baby-carrier-market/
The North America region dominated the Global Baby Carrier Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $859.2 million by 2031. The Europe region is experiencing a CAGR of 3.8% during (2024 - 2031). Additionally, The Asia Pacific region would showcase a CAGR of 4.9% during (2024 - 2031).
By Sales Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Product (Volume, Thousand Units, USD Billion, 2020-2031)