Brazil Baby Stroller Market
Brazil Baby Stroller Market - By Product Type (Lightweight, Jogging, Travel System, Double, Standard); By Distribution Channel (Hypermarket/Supermarket, Specialist Retailers, Online, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: January 2023
- Report ID: BWC22636
- Available Format: PDF
- Page: 240
Report Overview
Increase rate of female employment rate and nuclear families, spurring demand for children's travel products, and product innovations could boost the growth of Brazil Baby Stroller Market during the forecast period between 2023 and 2029.
Brazil Baby Stroller Market - Industry Trends & Forecast Report, 2029
Brazil baby stroller market size is expected to expand at a CAGR of 3.60% during the forecast period between 2023 and 2029. Technology advancements in baby care products, such as multi-functional features and customization to meet the needs of parents, are major factors driving the demand for baby strollers. The growing trend of traveling among millennials and baby boomers has broadened the scope for easy travel with babies, increasing the use of baby strollers. Increasing birth rates in developing countries, combined with growing safety concerns, have expanded the market for baby strollers. The market has witnessed an increase in the use of strollers for carrying children or transporting them in vehicles. The product features convenience, ease of use, and cost-effectiveness, which could encourage the use of baby strollers.
Brazil Baby Stroller Market - Overview
Brazil baby stroller market has witnessed an increase in the use of strollers for carrying children or transporting them in vehicles. The product features convenience, ease of use, and cost-effectiveness, which could encourage the use of baby strollers. The growing trend of traveling across generations has created a demand for simple and pain-free baby travel. As a result, parents prefer to incorporate an additional seat for their infants during car transport by using a travel system stroller. Increasing consumer adoption of prams has aided in the adoption of baby strollers. Product innovations have also introduced multi-functional convertible strollers.
Growth Drivers
Medical advancements driving infant population
Baby strollers are commonly used in the first few years after birth, and an increase in the number of newborns is a key demographic factor driving the Brazil baby stroller market's sales potential. The total number of baby births nationwide has been steadily increasing over the last decade. As a result, these factors will drive the growth of the baby stroller market.
Growing nuclear families and rising female employment rate
The increased employment of women and the growing number of nuclear families are driving the market for baby care products such as strollers. Strollers are more convenient, easy to use, and effective for on-the-go needs. As the number of nuclear families grows, so does the demand for strollers.
Restraints
High cost of raw materials
Growth of the market is anticipated to be hampered during the forecast period by developing or underdeveloped countries' inability to afford baby strollers and prams. However, the emergence of online retailing and the growing consumer spending power is anticipated to give the sector a significant boost by acting as a potential counter to the limiting factors. As a result, it is expected that the market will expand during the forecast period.
Impact of COVID-19 on Brazil Baby Stroller Market
Due to lockdowns and widespread travel restrictions, the pandemic has had a significant impact on the baby carrier industry. Due to supply chain disruptions caused by the COVID-19 pandemic, the players in the baby carrier market have been significantly impacted. Over the past year, online sales channels have experienced significant growth. Players in the sector are strengthening their online presence as a result. During the pandemic, infant products first saw a decline in sales. Infant products saw an increase in sales on online marketplaces during the coronavirus crisis.
Brazil Baby Stroller Market
Segmental Coverage
Brazil Baby Stroller Market - By Product Type
Brazil baby stroller market is divided into Lightweight, Jogging, Travel System, Double, and Standard. Lightweight strollers dominate the market. It is made of lightweight materials and has fewer features, making it ideal for brief trips. Young babies who can sit up straight and accompany their parents on walks in parks or other nearby activities like shopping are compatible with lightweight strollers. The stroller is readily available in the market because it is simple to use daily and suggests a relatively less expensive version among other types.
Travel system is expected to grow at the fastest CAGR during the forecast period. The product is a redesigned and innovative stroller with the advanced feature of an infant seat that is easily detachable from its main component. The segment is being driven by the growing trend of traveling among millennials and baby boomers, as well as the increasing acceptance of the product for safe transportation with young babies. Manufacturers concentrate on new product development that incorporates cutting-edge technology.
Brazil Baby Stroller Market - By Distribution Channel
On basis of the distribution channel, Brazil baby stroller market is divided into Hypermarket/Supermarkets, Specialist Retailers, Online, and Others. Specialized retailers dominate the industry. Awareness about practical products, such as prams, cribs, and strollers, has increased, as the number of baby care stores offering all infant and baby care products has increased. The number of retail stores offering baby necessities has increased due to parents' preference for buying all baby care products from the same store due to greater convenience and less time spent looking for products in different stores. A significant factor driving the segment is the expanding demand for one-stop shopping options among the working population to improve efficiency and save time. Special information is also due to consumers' growing preference for specialty baby stores.
Competitive Landscape
Competition in Brazil baby stroller market is intense. Major companies in the market include Babyjogger, Newells Brands, Mothercare PLC, Summer Infant, and Graco Children’s Products Inc. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
Brazil |
Product/ Service Segmentation |
Product Type, Distribution Channel |
Key Players |
Babyjogger, Newells Brands, Mothercare PLC, Summer Infant, Graco Children’s Products Inc. |
By Product Type
-
Lightweight
-
Jogging
-
Travel System
-
Double
-
Standard
By Distribution Channel
-
Hypermarket/Supermarket
- Specialist Retailers
- Online
- Others
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Brazil Baby Stroller Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising Female Employment and Number of Nuclear Families
- Increasing Demand for Children's Travel Products
- Restraints
- High Cost of Raw Materials
- Opportunities
- Product Innovations
- Challenges
- Growth Drivers
- Technology Advancement/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Brazil Baby Stroller Market Overview
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share & Forecast
- By Product Type
- Lightweight
- Jogging
- Travel System
- Double
- Standard
- By Distribution Channel
- Hypermarket/Supermarket
- Specialist Retailers
- Online
- Others
- By Product Type
- Market Size & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- Brazil Baby Stroller Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on Brazil Baby Stroller market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Babyjogger
- Newells Brands
- Mothercare, PLC
- Summer Infant
- Graco Children’s Products Inc.
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List Of Figures
Figure 1 Brazil Baby Stroller market Segmentation
Figure 2 Brazil Baby Stroller Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Brazil Baby Stroller Market Size, By Value (USD Million), 2019–2029
Figure 5 Brazil Baby Stroller Market Share, By Product Type, By Value, 2019–2029
Figure 6 Brazil Baby Stroller Market Share, By Distribution Channel, By Value, 2019–2029
List Of Table
Table 1 Brazil Baby Stroller Market Size, By Value (USD Million), 2019–2029
Table 2 Brazil Baby Stroller Market Share, By Product Type, By Value, 2019–2029
Table 3 Brazil Baby Stroller Market Share, By Distribution Channel, By Value, 2019–2029
Table 4 Babyjogger Company Overview
Table 5 Babyjogger Financial Overview
Table 6 Newells Brands Company Overview
Table 7 Newells Brands Financial Overview
Table 8 Mothercare, PLC Company Overview
Table 9 Mothercare, PLC Financial Overview
Table 10 Summer Infant Company Overview
Table 11 Summer Infant Financial Overview
Table 12 Graco Children’s Products Inc. Company Overview
Table 13 Graco Children’s Products Inc. Financial Overview
Market Segmentation
By Product Type
-
Lightweight
-
Jogging
-
Travel System
-
Double
-
Standard
By Distribution Channel
-
Hypermarket/Supermarket
- Specialist Retailers
- Online
- Others
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