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Faced with speedy and modern lifestyles along with the emergence of nuclear and single-parent families across the globe, consumers are seeking convenience and safety of their babies.
Hence, they are relying on expedient and safe baby care products. Thus, Prams and strollers are the baby gears which are of great importance as they form the most significant part of the parents and kids’ traveling.
As stated above, the safety and care of the babies is the core of parenting. Thus, providing them with quality products is not the choice these days; instead, it has become a necessity.
PANAMA and GUATEMALA MARKET ANALYSIS
Growing urbanization is driving baby stroller and pram market growth with increased spending on baby care products and changing lifestyles triggering market growth, which has resulted in a projected CAGR of over 5% for the global baby stroller and pram market during 2016-2020.
The market is also witnessing the introduction of highly sophisticated, advanced, and comfortable baby strollers and prams. For instance, the 4 Moms Origami strollers is a power-folding stroller, and have daytime running lights that make the baby as well as the carrier visible all the time. It comes along with pathway lights that turn on automatically in low-light conditions. Many other market vendors are likely to follow this trend and launch innovative products over the next four years.
The second largest region is overall America for the global baby stroller and pram market.
The baby stroller and pram market in North America is at a mature stage. Dorel, Chicco, Graco, and Evenflo are the major providers of baby strollers and prams in North America. The researchers have observed that multifunctional baby strollers and prams such as joggers are especially very popular in the US, as these enable parents to jog alongside the stroller.