BABY CRIBS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Market Concentration and Competitive Landscape

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Increasing working parents

The number of working parents globally is on the rise driven by economic factors and more women joining the workforce. As per data by the International Labour Organisation, the participation rate of women in the workforce has increased from around 49% in 1990 to current estimate of over 52%, with many countries reporting even higher figures. As both parents are engaged in work, the demand for baby care products that ensure child safety at home has surged substantially over the past decade.

One such product that has witnessed exponential growth in demand is baby cribs. Baby cribs provide a safe sleeping area for infants and allow parents to focus on other tasks knowing that their child is secure. With the lack of extended family support in many dual income households, baby cribs have become an necessity rather than amenity. Their design features like adjustable sleeping level, safety guard rails, and breathable mesh/wood all contribute towards ensuring children do not fall out of bed or get trapped accidentally.

• Tasman Eco
• Boori Australia
• LittleBird India
• Goodbaby International Holdings Ltd.
• Delta Children's Products Corp.
• Silver Cross
• Storkcraft
• Dream On Me, Inc.
• Sorelle Furniture
• Million Dollar Baby Co.
• Natart Juvenile, Inc.
• Graco, Inc.
• Cradlewise, Inc.
• Fisher-Price
• 4 Moms
• HALO
• Happiest Baby, Inc.
• Macari Baby, Inc.
• Mastela
• Ronbei