Industry Background:
Road traffic injuries are a major public health problem and a leading cause of death and injury across the globe. The use of seat-belts and child safety seats is one of the most important actions that can be taken to prevent injury in a motor vehicle crash. Though seat-belts and child safety seats do not prevent crashes from taking place, they play a major role in reducing the severity of injury to vehicle occupants involved in a collision. Appropriate child safety seats are specifically designed to protect infants and young children from injury during a crash or a sudden stop. By restraining their movement away from the vehicle structure and distributing the forces of a collision over the strongest parts of the body, with minimum damage to the soft tissues. Child safety seats are also effective in reducing injuries that can occur during non-crash events, such as a sudden stop, a swerving slippery manoeuvre or a door opening during vehicle movement.This growth is primarily driven by Growing Urbanization Along With Increasing Use of Cars
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Consumer Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Orbit Baby (United States), Britax (United Kingdom), Chicco (Italy), Recaro (Germany), Nuna (Netherlands), Newell Brands (United States), Goodbaby International Holdings Limited (China), Artsana S.p.a (Italy), Diono Inc. (United States) and Graco Children's Products Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In Feb. 6, 2019 Britax Child Safety, Inc., U.S. manufacturer of car seats and leader in child passenger safety technology, along with select Brixy specialty baby product stores, is pleased to introduce Britax SafeWash car seats
In March 2022: Britax Child Safety, Inc., U.S. manufacturer of car seats and a child passenger safety technology leader, is pleased to introduce four new fashions on the Marathon ClickTight convertible car seat. The sleek and modern fabric designs are free of flame-retardant chemicals as well as being machine washable and dryable, so parents can get back on the road faster.Key players are implementing various strategies such as mergers & acquisitions, new product development, joint ventures, partnerships and others. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Regulatory Insights:
Children under age 4 must be properly secured in a child restraint system in the rear seat, if possible. They must then ride in a booster seat until they turn 8, weigh more than 80 lbs., or are taller than 4 feet 9 inches. Violation of the child restraint law is a standard offense.
Influencing Trend:
Strict Laws in the Developed Countries for the Child Safety Seats and Increasing Road Safety Awareness among People
Market Growth Drivers:
Growing Urbanization Along With Increasing Use of Cars and Increase in Number of Road Deaths
Challenges:
Misapprehensions about the Child Safety Seats
Restraints:
Lack of Information about How to Use Child Safety Seats and High Price of Seats
Opportunities:
Potential Growth Offered by Developing Countries like India and China
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Child Safety Seats Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Child Safety Seats Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Child Safety Seats players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Child Safety Seats Study Sheds Light on
The Child Safety Seats Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Child Safety Seats industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Child Safety Seats industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.