Child Safety Seat Market Is Expected To Register A CAGR Of 5.03%, and Attain A Market Value Of USD 6,254.5 Million By The End Of 2027 (With Impact Analysis of COVID-19)


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Jun 08, 2020, 11:41 EST


New York, United States, Jun 08, 2020, 11:41 /Comserve / -- The global child safety seat market reached USD 4,056.4 Million in 2018 and is expected to attain a market value of USD 6,254.5 Million by the end of 2027 by registering a CAGR of 5.03% across the globe.

The global child safety seat market reached USD 4,056.4 Million in 2018 and is expected to attain a market value of USD 6,254.5 Million by the end of 2027 by registering a CAGR of 5.03% across the globe. Increasing number of fatal car accidents across the globe is fuelling the global child safety seat market. Growing birth rate, especially in countries like India is expected to drive the market in the upcoming years. Rising awareness about child safety in developing countries, increasing spending on passenger cars are amongst the few factors propelling the growth in global child safety seat market.

“The CAGR value Could change due to COVID-19 Pandemic”

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Leading Players:

Artsana Group, Britax Child Safety Inc. , Diono LLC and Dorel Juvenile Group are some of the leading players in the global child safety seat market.

On the other hand, global sales of child safety seat reached 29,531 Thousand Units in 2018 and is expected to increase to 45,773 Thousand Units by the end of 2027. Rising disposable income among households especially in developing countries like China and India has stimulated the rise in consumer spending on child safety seat. This in turn is expected to strengthen the demand for child safety seat market over the forecast period.

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“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

North America region is expected to account for 38.15% of the global market value in 2027. Introduction of new features such as an anti-rebound bars to keep the seat steady in case of collision and energy absorbing foam layers is attracting buyers in the region which in turn is expected to fuel the growth of the child safety seat market during the forecast period.
Based on product, Infant car seat segment is expected to contribute largest share in the global child safety seat market with an increase in the market value from USD 1,457.8 Million in 2018 to USD 2,124.0 Million in 2027. Growth in the segment is transmuted on account of increasing incorporation of safety features in child safety seat.

Based on distribution channel, online channel is expected to grow at a faster pace as compared with the offline channel with an expected increase in the market value from USD 935.6 Million in 2018 to USD 1,619.0 Million by 2027. The online channel is gaining popularity amongst the consumers on account of availability of products at lower prices as compared with brick and mortar stores and rising prevalence of smart phone users in the developing countries.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

“We are open for the customization of this report for our client.”

Table of Content:

  • Executive Summary
  • Research Methodology
  • Global Market Size (USD Million) and Forecast
  • Market Dynamics & Its Impact Analysis
  • Global Market Segmentation Analysis
  • Porter’s Five Force Model Analysis
  • Competitive Landscape
  • Company Overview
    • Financial Performance
    • Key Products
    • Business Strategy
    • Recent Developments
    • SWOT Analysis

WHAT IS THE SCOPE OF THE REPORT WITH IMPACT OF COVID-19?

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

WHICH MARKET DYNAMICS AFFECTS THE BUSINESS DURING COVID-19?

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

  • Key Topic Covered in this Report
  • Market Growth Opportunities
  • Leading Market Players
  • Market Size and Growth Rate
  • Market Growth Drivers
  • Company Market Share
  • Market Trends and Technological Innovations
  • Impact Analysis of COVID-19 (CORONA Pandemic) on Global Market

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market)."

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