About Luxury Strollers
Baby Stroller are the devices that is used to carry babies. Strollers, on the other hand, are used to transport tiny children, often up to the age of three. The baby stroller market has high growth prospects due to the adoption new product innovation by manufacturers such as multi-functional convertible strollers. It is extremely adaptable and provides a solid and stable framework. It can also be used to turn in any direction. There are numerous advantages to using Baby stroller items, including increased convenience and comfort, convenient transportation, long-lasting childcare products, and safety features, among others. In emerging countries, the birth rate is rising. As a result, the future of baby strollers is bright. Furthermore, the increased customer attention on investing in cribs, strollers, and other products has increased product demand from retail stores. Major corporations are investing in more inventive procedures in Asia-Pacific countries, which are focused on the household industry's fastest-growing verticals.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Luxury stroller market is fragmented with numerous players focusing on the technique and quality of the product due to which the global baby stroller market can witness an upsurge in the forecast period. Some of the major players are Goodbaby International Holdings Limited (China), Newell Brands (United States), among others. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Luxury Strollers market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Fisher-Price (United States), Bugaboo International B.V. (Netherlands), Silver Cross (United Kingdom), Strolleria (United States), Dorel Juvenile Group, Inc. (United States), Goodbaby International Holdings Ltd. (China), Babyzenc (France), Britax Child Safety (United States), Chicco (Italy) and Shenma Industrial Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are BBH Baby (Malaysia), Emmaljunga Limited (United Kingdom) and Maclaren Services GmbH (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Luxury Strollers market by Type (Standard Strollers and e-stroller), Application (Infants and Children) and Region.
On the basis of geography, the market of Luxury Strollers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Hypermarket/Supermarket will boost the Luxury Strollers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Size, the sub-segment i.e. Single-Child Stroller will boost the Luxury Strollers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Number of Customers from Online Retailer and Emerging and Parent’s preference towards a convenient way of Transporting Babies
Market Growth Drivers:
Increasing Birth Rates across Emerging Countries and Growing Demand for Babies Safety Concerns
Challenges:
Low Market Penetration in Rural Areas
Restraints:
Fluctuation in Raw Material Prices
Opportunities:
Changing Lifestyle and Rising Per Capita Disposal Income and Increasing Adoption of strollers in Developed and Developing Countries
Market Leaders and their expansionary development strategies
In May 2022, collaborating with Hartan, the best and most popular brand of strollers, Mercedes AMG GT launched its limited-edition stroller. This design is said to be stimulated by AMG cars. The stroller has features such as an adjustable seat unit for the babies to sit in or lay down, and microfiber upholstery is used for the seat inside, which Mercedes use for the fabric of their seats.
In October 2023, Kith partners with premium parenting solutions leader, Bugaboo, to create limited-edition strollers and a changing bag, made for the modern parent. The two-year design and development process intersects function and style—and marks Kith's first collaboration in this expanded category.
Key Target Audience
Manufacturers of Luxury Stroller, Suppliers of Luxury Stroller, Wholesalers, Distributors, and Retailers of Luxury Stroller, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.