Baby Crib Market to Signify Strong Growth by 2023-2030

The global baby crib market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period. The primary factor driving the expansion of the baby crib industry includes the rising technological developments by market manufacturers that led to the launch of convertible cribs. These cribs can be converted into full-sized beds or junior beds for newborns. The growing demand for baby cribs is quite evident due to the increasing demand for comfortable and multifunctional products at an affordable rate by the families across the globe.

Furthermore, the integration of new-generation technology such as monitoring sensors, artificial intelligence (AI), and others for keeping the baby safe, is another factor driving the demand for advanced baby cribs, which in turn propels the growth of the market. In addition to this, to capitalize on this trend, prominent market organizations are developing foldable, lightweight, and compact-convertible smart cribs. For instance, in February 2021, Nanit Co. launched a new advanced smart AI-based cribs by transforming the existing crib’s product portfolio. Further, the crib integrated with AI is used to track a baby's height and growth with smart sheets. This allows parents with a real-time tracking and reading of their baby's height through Nanit application while storing those measurements to track growth progress over time.

Apart from this, in January 2021, Cradlewise launched a smart crib in the US at Consumer Electronics Show (CES). According to the company, the crib uses an inbuilt baby monitor and is also capable of learning babies' sleeping patterns, if it senses that the baby is waking up early, it starts bouncing and playing music to make him sleep again.

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Market Coverage

• The market number available for – 2023-2030
• Base year- 2023
• Forecast period- 2024-2031

Segment Covered- 

• By Material Type
• By Price 
• By Sales Channel 
• By Application

Regions Covered-

• North America
• Europe
• Asia-Pacific
• Rest of the World
  • Competitive Landscape

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Baby Crib Market Report Segment

By Material Type

• Plastic
• Wood
• Steel

By Price 

• Economy
• Mid- Range
• Premium

By Sales Channel

• Supermarket &Hypermarket
• Online stores

By Application 

• Residential
• Hospital
• Day-care

Baby Crib Market Report Segment by Region

North America 

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• South Korea
• Rest of APAC

Rest of the World

• Latin America
• Middle East and Africa 

Company Profiles 

• Artsana S.p.A
• Babyletto (Million Dollar Baby Co.)
• Arm’s Reach Concepts, Inc.
• Dream on Me, Inc.
• BabyBjörn AB. Chicco
• Natart Juvenile, Inc.
• Mothercare East Coast
• Huny HunyMamas & Papas
• Stokke AS
• Delta Children's Products Corp.
• iF Design Ltd.
• Yamatoya Co., Ltd.
• Red Sun
• OSUKI
• Silva Furniture.
• Storkcraft
• LiftSmart Crib
• Cradlewise, Inc.

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Article source: https://article-realm.com/article/Business/58787-Baby-Crib-Market-to-Signify-Strong-Growth-by-2023-2030.html