Global Automatic Baby Swing Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028.
The global automatic baby swing market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The rising population coupled with increasing disposable income is anticipated to drive the growth of the global automatic baby swing market. For instance, as per the data published by the American Progress Organization in 2019, 5.1 million working Americans spent an average of $250 per week on their kids. According to the data published by UNCTAD in 2021, the share of the urban population increased to 56.2% in 2020. In developed economies, 79.0% of people live in cities. Also, as per the data published by United Nations Organization, the global population is projected to increase by 2 billion persons in the next 30 years from 7.7 billion in 2020 to 9.7 billion in 2050 and could peak at nearly 11 billion around 2100. The growth has been driven by increasing urbanization and accelerating migration. 61.0% of the global population lives in Asia, 17.0% in Africa, 10.0% in Europe, 8.0% in Latin America, and the remaining 5.0% in Northern America. Moreover, as per the data published by Statistics Canada, the share of disposable income for the household in the lowest quintile increased from 6.1% in the first quarter to a high of 7.2% in the second quarter of 2020. Also, as per OECD, the average household net adjusted disposable income per capita is $30,490 per annum.
The rising influence of e-commerce channels has influenced the end-users to opt for automatic baby swings. According to the data published by Oberlo, the number of digital buyers accounted for 2.14 billion in 2021 and more than one out of four is an online shopper. Moreover, in 2021, approximately 230 million Americans shopped online, which is an increase of 1.32% from 2020. In addition, US consumers spent $38.19 billion on toys in 2021, totaling a 14.2% increase from 2020. Thus, the rise in the number of online buyers is anticipated to fuel the demand for the global automatic baby swing market.
Competitive Landscape-
Artsana S.p.A, Baby Trends Inc., and Ingelsina USA Inc. among others
By Type
- Full-Sized Automatic Baby Swing
- Portable Automatic Baby Swing
By Material
- Fabric
- Metal
- Plastic
- Polyester
- Others
By Life Stage
- Infant
- Newborn
- Toddler
- Child
By Application
- Residential
- Commercial
By Distribution Channel
- Online
- Offline
Scope of the Report
The research study analyzes the Global Automatic Baby Swing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Automatic Baby Swing Market Report
1. What was the Global Automatic Baby Swing Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Automatic Baby Swing Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Automatic Baby Swing Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Automatic Baby Swing market.
- The market share of the Global Automatic Baby Swing market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Automatic Baby Swing market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Automatic Baby Swing market.
The report will be delivered within 48-72 hours after payment confirmation