LONDON--(BUSINESS WIRE)--The global baby car seat market is expected to post a CAGR of over 4% during the period 2018-2022, according to the latest market research report by Technavio.
A key factor driving the growth of the market is new product launches and product innovations. With increased market competition, baby car seat manufacturers are launching products with additional features that ensure a high degree of safety and comfort. Advances in technology have resulted in the development of highly sophisticated and comfortable baby car seats, resulting in increased sales and overall growth of the baby car seat market.
This market research report on the global baby car seat market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
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In this report, Technavio highlights the surge in the number of stringent government regulations as one of the key emerging trends in the global baby car seat market:
Global baby car seat market: Surge in the number of stringent government regulations
The governments of several nations, especially developed nations, have implemented laws that pertain to the safety of child travelers. The implementations of such regulations reduce fatalities associated with car crashes. Such measures have significantly reduced the death of babies due to car crashes.
According to a senior analyst at Technavio for retail goods and services research, “Increased child-safety concerns and the increase in demand for technologically advanced products has increased the scope for product innovation. The availability of new, innovative products in the market directly impacts the sale of baby car seats. Subsequently, contributing to the growth of the global baby car seat market”.
Global baby car seat market: Segmentation analysis
This market research report segments the global baby car seat market by product (combination and convertible car seat, infant car seat, and booster car seat), and geographical regions (the Americas, EMEA, and APAC).
The Americas led the market in 2017 with a share of more than 37%, followed by EMEA and APAC respectively. However, the market share of the Americas is expected to witness a decline, whereas, the APAC region is expected to witness positive incremental growth over the forecast period.
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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market sizing
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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