The global baby changing stations market is forecast to grow at a CAGR of 3.57% during the period 2017-2021.
The report, Global Baby Changing Stations Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is the rising investment in R&D. The market is witnessing increased expenditure by vendors in R&D. The market is witnessing many innovative applications and solutions. In addition, vendors are working to reduce the cost of upgrades and maintenance. The rapidly changing technology and changes in consumer preferences are forcing vendors to deliver innovative baby changing stations. These rising investments have fueled the development of new products, leading to innovations and patent applications.
According to the report, one driver in the market is the rising number of births. The number of births is a key demographic factor that influences the sales potential of baby changing stations. Globally, the number of births has increased with APAC and ROW posting a CAGR of 0.95% and 0.94% respectively during 2012-2015. This is primarily because ROW and APAC are largely comprised of developing countries that have a substantial share of female population in the age group of 20-40 years. The number of births in countries in North America is sluggish because of the increasing number of women being career-oriented and opting to have children at later ages (over 35-38 years). Moreover, an increasing number of women in North America are opting for single parenthood, thereby limiting the number of children raised as a single parent.
- American Specialties
- Foundations Worldwide
- GENWEC Washroom Equipment and Company
- Koala Kare (Bobrick Washroom Equipment)
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Product segmentation
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/vwkgqq/global_baby