Baby Cribs and Cots Market

Market Overview

The global baby cribs and cots market size was valued at USD 1.6 billion in 2022 and is projected to reach a value of USD 2.5 billion by 2031, registering a CAGR of 5.2% during the forecast period (2023-2031).

Baby cribs and cots are crucial furniture designed to offer infants and young children a safe and comfortable resting environment. These goods are critical in maintaining babies' well-being and safety during their early stages of development. Baby cribs and cots are available in various styles, sizes, and designs to meet the needs and preferences of parents. They are often composed of wood, metal, or a combination of the two and include features such as adjustable mattress heights, rails, and convertible alternatives.

The market is predicted to expand in popularity due to the increased demand for enhanced infant safety products and the usage of baby care products such as strollers, monitors, and cribs. Furthermore, increasing nuclear families, particularly in emerging nations, will benefit market development. The Consumer Product Safety Commission (CPSC)'s stringent safety rules have compelled manufacturers to produce goods with enhanced safety features. This is also expected to increase demand for baby cribs and cots, boosting the growth of the baby crib and cot market.

Highlights       

• Convertible influenced the market growth based on the product.
• Offline accounts for the largest share of the market based on the distribution channels.
• North America dominates the market.

Market Dynamics

Global Baby Cribs and Cots Market Drivers:

Growth in Birth Rates and Population

Baby cribs and cots are in high demand due to increased birth rates and a growing worldwide population. As more families welcome newborns, the demand for appropriate sleeping solutions grows. Countries such as India, which has one of the world's highest birth rates, have a steady demand for infant cribs and cots. In 2023, India's birth rate is 16.949 per 1000 people, indicating many infants needing cribs and cots. According to the United Nations' "World Population Prospects 2019," the world's population will reach 9.7 billion by 2050. This expansion is likely to be especially large in Africa and Asia. As more babies are born, the demand for baby cribs and cots is expected to remain high. As birth rates in certain regions and nations continue to climb, the need for safe and comfortable newborn sleeping solutions is projected to stay strong. Manufacturers in the infant cribs and cots market will continue developing products that meet the needs of rising families, adding to market growth.

Global Baby Cribs and Cots Market Restraints:                                  

Cultural Preferences and Practices

Different cultures have different traditions and ideas about infant care and sleeping arrangements. Co-sleeping or employing alternative sleeping arrangements is a frequent and deeply ingrained practice in several cultures. As a result, the demand for solitary baby cribs and cots may be influenced since parents may prefer sleeping arrangements that conform to their cultural conventions. Co-sleeping is common in several African and South Asian civilizations. It is considered a natural and comforting manner of bonding with the child for parents to share the bed with their infants. Independent baby cribs and cots may be less widespread in such societies.

Research published in the "Maternal and Child Health Journal" examined baby sleep habits in various cultural groups. The study discovered that cultural ideas and practices influence parents' decisions about where and how their infants should sleep. The study, for example, found that co-sleeping is more common in Hispanic, African American, and Asian American households than in non-Hispanic white ones.

Global Baby Cribs and Cots Market Opportunities:

Eco-Friendly and Sustainable Material

Consumer awareness and concern about environmental issues drive a change toward more sustainable and eco-friendly products in various industries, including baby products. This tendency is especially prevalent among millennial parents who value things that are safe for their children and the environment. A company could create infant cribs and cots made from wood approved by organizations such as the Forest Stewardship Council (FSC). These cribs would be finished and painted using non-toxic materials, guaranteeing that no dangerous chemicals are released into the nursery's air. This coincides with many parents' environmentally concerned views.

Furthermore, according to a Nielsen study, 73% of worldwide consumers are willing to pay more for products derived from sustainable sources. This demonstrates that consumers strongly choose ecologically friendly options. Manufacturers may cater to a growing customer sector while contributing to positive environmental effects and increasing their brand name and market share by embracing eco-friendly methods and delivering sustainable baby cribs and cots.

Regional Analysis

Regional Analysis of the Global Baby Cribs and Cots Market

The global baby cribs and cots market research is analyzed in North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America.

North America Dominates the Global Market

North America holds a sizeable global market share and is expected to boost at a CAGR of 5.3% during the forecast period. The market is expected to expand at a steady CAGR throughout the forecast years because of growing awareness about the availability of innovative infant care and safety goods. Furthermore, the region's growing number of single parents drives product demand. According to the United States Census Bureau, there were around 13.7 million single parents in the United States in 2015. Consumer awareness and concern about environmental issues drive a change toward more sustainable and eco-friendly products in various industries, including baby products. This tendency is especially prevalent among millennial parents who value things that are safe for their children and the environment. A company could create infant cribs and cots made from wood approved by organizations such as the Forest Stewardship Council (FSC). These cribs would be finished and painted using non-toxic materials, guaranteeing that no dangerous chemicals are released into the nursery's air. This coincides with many parents' environmentally concerned views.

Furthermore, according to a Nielsen study, 73% of worldwide consumers are willing to pay more for products derived from sustainable sources. This demonstrates that consumers strongly choose ecologically friendly options. The incorporation of modern technology in these baby cribs is driving the popularity of smart baby cribs in the U.S. Furthermore, positive initiatives by private groups and healthcare corporations to develop safe and comfortable items for babies. For example, in November 2021, Cradlewise, a top Silicon Valley-based business, raised USD 7 million in investment to provide parents with innovative smart baby cribs. A plethora of such initiatives will provide the market with incremental growth prospects. Manufacturers may cater to a growing customer sector while contributing to positive environmental effects and increasing their brand name and market share by embracing eco-friendly methods and delivering sustainable baby cribs and cots. 

Europe is predicted to rise at a substantial CAGR of 5.1% throughout the forecast period. The market in Europe is seeing a major emphasis on safety and design. Parents in the region want products that create a safe and comfortable sleeping environment for their children and complement their home style. The development of cribs and cots with adjustable height settings and clear sides. These features enable parents to watch their children closely while ensuring their safety. Furthermore, European manufacturers are adopting sleek and modern designs to appeal to parents who care about aesthetics and interior design.

In addition, the European Union has enacted standards to safeguard the safety of baby cribs and cots. The EN 716 standard specifies the safety standards and test methodologies for such devices, focusing on bed stability, corner post height, and mattress support. This criterion indicates the region's dedication to providing newborns with safe sleeping conditions. The growing popularity of e-commerce platforms and the availability of various smart and convertible cribs will fuel sales in the United Kingdom. Concerns about safety and the environment have spurred sales of sustainable infant cribs in the United Kingdom. Furthermore, the European consumer's preference for premium and high-quality goods promotes the trend of emphasizing design and safety. Parents are eager to invest in well-designed, long-lasting cribs and cots that combine aesthetics and utility.

The Asia-Pacific market is being driven by the region's expanding middle-class population and rapid urbanization. As more families migrate to cities and have more discretionary cash, the need for sophisticated and convenient baby equipment, such as cribs and cots, is increasing. Parents in metropolitan areas with little space frequently want furnishings that can adapt to their changing demands. Convertible cribs that can be converted into toddler beds or even daybeds are affordable for families searching for long-term value. For example, countries such as China and India have seen significant increases in urbanization, resulting in fewer living areas and a greater demand for space-saving baby furniture. This has increased demand for cribs and cots that maximize space usage while preserving comfort and safety.

Furthermore, the region's increasing e-commerce scene has made it easier for parents to obtain a diverse selection of baby furniture options, such as cribs and cots from various brands and designs. Online marketplaces enable parents to make informed shopping decisions and choose products that best suit their interests and budgets.

As the urban population in Latin America and the Middle East expands, and disposable incomes rise, the need for well-designed and comfortable baby cribs and cots is expected to rise. Manufacturers are responding to this trend by developing goods that meet the interests and demands of parents in these areas. The infant products market is expanding throughout the Middle East and Africa due to increasing economic conditions and a growing middle-class population. The demand for easy and comfy infant furnishings is being driven by urbanization. Countries such as Brazil and Mexico in Latin America and the UAE and Saudi Arabia in the MEA area have experienced rapid urbanization and a shift toward nuclear families. As a result, there is a greater emphasis on providing caring and safe conditions for infants, which is increasing demand for high-quality cribs and cots.

Segmental Analysis

The global baby cribs and cots market is segmented based on product, distribution channel, and region.

The product is further segmented into Convertible, Standard, Multifunctional, and Portable for better understanding.

Convertibles influenced the market growth.

Convertible

Convertible cribs and cots are intended to grow alongside the child. As the child grows, they can be converted from an infant crib to a toddler bed, daybed, or even a full-sized bed. These adaptable choices provide long-term value to parents by eliminating the need to purchase numerous beds as the child progresses through different stages.

Standard

Standard cribs and cots are simple designs that fulfill the primary goal of providing a safe sleeping environment for newborns and young children. They frequently include adjustable mattress heights and may include some basic design elements, but their primary focus is on functionality and safety.

The segment can be further bifurcated by distribution channels online and offline.

Offline accounts for the largest share of the market.

Offline

Physical retail outlets where customers can visit and purchase baby cribs and cots are considered offline distribution. This channel allows you to see and touch the products before purchasing. Customers can also request assistance from sales personnel and receive rapid responses to their questions.

Online

The sale of infant cribs and cots via e-commerce platforms and websites is called online distribution. This channel offers the ease of buying from home, access to a wide choice of options, and the ability to compare costs and features readily.

Recent Developments

• April 2023- The Evenflo ShyftTM DualRideTM newborn Car Seat and Stroller Combo were unveiled by Evenflo, a creator, manufacturer, and marketer of newborn and children's products.

• April 2023- The Arm's Reach Clear-Vue® Co-Sleeper® Bassinet takes the top spot as the greatest Overall Bassinet in their omnibus round-up of the greatest all-around items.