Global Convertible/Multipurpose Baby Cribs & Cots Market (2021 to 2026) – Players Include Artsana, Delta Children and Million Dollar Baby Among Others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Convertible/Multipurpose Baby Cribs & Cots Market Overview, 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

This report analyses the market based on the segment of the region, countries, sales channels, and companies. The regions covered during the study of the market are namely- North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The different sales channels considered are supermarkets/hypermarkets, specialty stores, and online & others.

Companies Mentioned

• Artsana Group
• Bivona & Company
• Delta Children
• Dorel Industries (Juvenile)
• Dream On Me
• Goodbaby International
• Graco Children’s Products Inc.
• Million Dollar Baby
• Mothercare PLC
• Natart Juvenile

Among the overall cribs and cot market, the convertible cribs & cots held the largest market share. Convertible cribs and cots have been much popular among people for their easy detachable bed rails and cost-effectiveness. In the year 2015, the market was valued at more than USD 550 Million. These multifunctional products incorporate one or more pieces of furniture, which creates more space in a smaller nursery. The longer durability of the convertible cribs and cots and the constant innovation by the marketers are expected to allow the market to grow by less than 5%. DaVinci Baby’s product range of Kalani 4-in-1 Convertible Crib is one of the popular convertible cribs which can be converted into a toddler bed, day bed, and a full-sized bed for kids.

The technological advancement by the major marketers is a driving factor in the coming period. Regionally, North America and Europe together account for over 60% of the global market share, in which Latin America held the least share of less than 5%. Based on the 2015 US Census Bureau, there were approximately 13.7 Million single parents in the USA. This coupled with the increasing availability of advanced bay safety products; the demand is expected to be inclining. The Asia Pacific region is estimated to be the fastest-growing market in the coming period, due to the rise in the female workforce and an increasing number of nuclear families.

In the coming period, the models with multi-purpose like 3-in-1 and 4-in-1 conversions can be altered into a toddler bed, a day bed, and a full-sized sleeping bed. Parents are ready to invest in the cribs & cots with different height and size adjustments and different mattress settings, as it grows with the child and can be used for a longer time. Manufacturers are focusing more on plastic cribs and cots as they have a high demand due to their economic price.

The specialty store segment is most dominating in the market, holding more than 50% of the market share. The ease to order and the touch and feel of the experience of the product while purchasing make the hypermarket and supermarket stores one of the most preferred sales channels by customers. The online sales channels segment is gaining more traction owing to the incline of young parents towards online purchases.

Key Topics Covered:

1. Executive Summary

2. Report Methodology

3. Market Structure

3.1. Market Considered

3.2. Market Definitions

4. Global Convertible Baby Cribs & Cots Market Outlook

4.1. Market Size by Value

4.2. Market Share

4.2.1. By Sales Channel

4.2.2. By Region

4.2.3. By Country

5. North America Convertible Baby Cribs & Cots Market Outlook

6. Europe Convertible Baby Cribs & Cots Market Outlook

7. Asia Pacific Convertible Baby Cribs & Cots Market Outlook

8. Latin America Convertible Baby Cribs & Cots Market Outlook

9. Middle East & Africa Convertible Baby Cribs & Cots Market Outlook

10. Market Dynamics

10.1. Key Drivers

10.2. Key Challenges

11. Market Trends and Developments

12. Company Profiles

13. Strategic Recommendations

14. Related Reports

15. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/zh99sy

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