Dublin–(Business Wire)– “Global Baby Safety Gadgets Market Size, Share & Industry Trend Analysis Report By Price Range, By Distribution Channel (Hypermarket/Supermarket, Specialty Stores, Online Sales Channel), By Product Type, By Regional Outlook and Forecast, 2022 – 2028” Report added ResearchAndMarkets.com’s offering
The global baby safety gadgets market size is expected to reach USD 4.8 billion by 2028, rising at a market growth of 7.7% CAGR during the forecast period.
Devices used to protect babies from drowning, death and accidents are known as child safety gadgets. Babies and their parents can now communicate in real time thanks to gadgets like baby monitors made possible by technological advancements. Players are gradually using the online retail network to increase their visibility and keep up with the competition.
As a result of rising child mortality rates, the government is implementing new regulations and safety requirements. Launches of new and innovative products accelerate market expansion and encourage consumers to buy baby safety equipment. The market is expanding as a result of the availability of a wide range of products to cater to specific needs related to children’s weight and age requirements and the growing popularity of the internet channel.
Due to its advantages in offering a comprehensive description of merchandise, the online channel has provided merchants with an alternative to traditional brick and mortar stores. Hello Baby Video Monitor, Simcam Smart AI Baby Monitor & Toddler Cam and R542 Smart Car Seat are some examples of baby safety technology. To capitalize on the market opportunity for child safety devices, various manufacturers are entering the market with various products.
Also, there is potential in this market for innovative safety devices and customized child safety devices, which are expected to increase the demand for child safety devices. Child safety equipment is fast becoming a necessity for the healthy lifestyle of children and toddlers. Then, it is interior safety, outdoor safety, or to prevent any accident from happening.
Some technological options, such as video monitors, have made it unnecessary for parents to see their children in person, while giving parents extra peace of mind when they are away. Some child safety devices feature implants such as GPS tracking chips that make it easier for new parents to monitor their children’s whereabouts.
Market growth factors
Busy life schedule has led to a change in lifestyle
Due to fast-paced and ever-changing lifestyles and increasing living standards, consumers have started to think more and more about children’s safety. This has directly influenced buyers to spend more money on child safety devices that ensure the highest level of child safety. In addition, modern parenting is much simpler thanks to child safety gear.
This has prompted individuals to adopt new technologies and products, giving players more room for maneuver. Apart from this, the baby gadgets market is expected to expand in other regions as a result of various road and safety regulations across the globe mandating the use of child safety seats and seat belts.
Increase resources available to parents for their child
Disposable income is a term almost synonymous with the concept of income as it is often understood in economics. Disposable income is income available to households, including wages and salaries, income from unincorporated enterprises and self-employment, income from pensions and other social benefits, and income from investments. As disposable income increases, households have more money to save or spend, which ultimately leads to increased consumption.
Factors governing the market
Disadvantages and bulkiness of baby seats
The size or bulk of a baby car seat stroller can be one of its disadvantages. Storing a large stroller can be a headache for parents when they already have to deal with extra luggage, including baby’s diapers and feeding bottles. Many parents choose to buy their child’s infant car seat and baby stroller separately rather than combining the two. Strap the infant car seat onto the stroller in the same manner as the baby car seat stroller. When parents are traveling or out of the house, the most important thing in terms of safety is the baby car seat.
Scope of study
Market Segments Covered in the Report:
By price range
Through the distribution channel
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Hypermarket/Supermarket
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Specialty stores
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Online sales channel
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Others
By product type
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Baby monitor
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Pool alarm
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Smoke & Carbon Detector
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Smart baby car seat
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Smart Baby Stroller
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Others
By geography
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North America
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U.S
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Canada
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Mexico
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Rest of North America
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Europe
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Germany
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UK
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France
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Russia
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Spain
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Italy
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Rest of Europe
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Pacific Asia
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China
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Japan
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India
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South Korea
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Singapore
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Malaysia
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Rest of Asia Pacific
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Lamia
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Brazil
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Argentina
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UAE
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Saudi Arabia
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South Africa
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Nigeria
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The rest of LAMEA
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Major market players
List of companies profiled in the report:
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BRITAX Romer GmbH
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Artsana Group Chicco
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Doral Industries, Inc.
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Newell Brands, Inc. (Baby Jogger, LLC)
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Baby Trend, Inc.
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Munchkin, Inc.
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Cosato Limited
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Summer Infant, Inc. (Kids2, Inc.)
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Nanit
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Owl, Inc.
For more information on this report visit https://www.researchandmarkets.com/r/6c1ht5
