Baby Travel Bags Market Report Overview
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The global baby travel bags market size was USD 375.55 million in 2021 and is projected to touch USD 789.83 million by 2031 at CAGR 7.72% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with baby travel bags experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels.
When the stroller is taken, there is significant damage, and when it is opened for airport security checks and other procedures, there is additional damage. This bag eliminates this kind of issue because it may generate complications if the checking crew throws it out quickly. Because of the superb quality of this bag, the stroller won't get damaged. Additionally, a high-quality, waterproof bag pedal is included.
The market for baby fashion accessories is expanding as more babies are born each year. The market for infant fashion accessories is predicted to expand as more parents realize how important it is to dress their kids in trendy clothes. Because baby fashion accessories may be utilized by both boys and girls, there is a rising demand for these products from both sexes, which contributes to the growth of the market for these items. As more parents realize how vital it is to outfit their children in attractive clothing, the market for baby fashion accessories is also anticipated to expand as a result of consumers buying these products for both themselves and their children.
COVID-19 Impact: Due to Government Restrictions the Market Growth to Be Limited
Market vendors should concentrate more on the growth prospects in the fast-growing categories while preserving their positions in the slow-growing segments in order to take advantage of the chances and recover from the post-COVID-19 damage. Due to the COVID-19 outbreak, the infant travel bag market in various regions saw limited growth. Work-from-home rules were widely implemented by businesses, which reduced the demand for upscale items like infant travel bags. But with the start of immunization campaigns and the restart of production facilities in major regions.
Latest Trends
"Development of Multi Featured Bag to Uplift Market Growth"
A market trend for baby travel bags that is anticipated to have a favorable effect in the upcoming years is the development of multi-featured bags. The demand for multi-featured infant travel bags has increased as a result of an increasingly hectic lifestyle and an increase in the number of working women. The length of time working women travel is another factor contributing to the rising demand for versatile infant travel bags.
Baby Travel Bags Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into baby diaper bags, baby safety product travel bags and others.
In terms of product, baby safety product travel bags are the largest segment.
- By Application Analysis
Based on application, the market can be divided into hypermarkets and supermarkets
specialty stores.
In terms of application, supermarkets specialty stores is the largest segment.
Driving Factors
"Single Parenting to Promote Market Growth"
The market for baby travel bags is expanding as a result of changing lifestyles and an increase in nuclear and single-parent households. Families with one parent or no parents must manage a variety of responsibilities while caring for infants and toddlers. Therefore, parents require baby care solutions that are practical and make daily tasks easier, even when they're travelling. Carrying several baby care items while travelling with a baby is one of the main concerns for parents. As a result, baby travel bags are the most critical item parents need to transport baby care items (such as baby feeding supplies and equipment and baby necessities) conveniently and comfortably.
"Growing Number of Working Women to Augment Market Growth"
Vendors place a strong emphasis on creating baby care goods that meet the needs of nuclear and single-parent families. The demand for baby care items like baby travel bags is being driven by the rising number of nuclear families and single parents and is anticipated to considerably contribute to market growth. Manufacturers have begun to create items that are multipurpose and personalized due to the rapidly changing consumer demand. These products are uniform and offered for sale both online and offline. During the projection period, it is anticipated that demand for such infant travel bags will increase, mostly as a result of the large increase in the number of working women worldwide.
Restraining Factors
"Dropping Birth Rate to Impede Market Expansion"
During the forecast period, the infant travel bag market will face significant headwinds from the dropping birth rate in industrialized nations. The demand for baby travel bags and the birth rate are directly tied. The need for baby travel bags will rise as the birth rate rises. Nevertheless, despite a fall in infant death rates over the past few years, the world's birth rate has been on the decline. This is anticipated to constraint baby travel bags market growth.
Baby Travel Bags Market Regional Insights
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"North America to Dominate the Market Due to Excellent Purchasing Power"
North America to control the largest portion of baby travel bags market share due to the increased demand, producers are investing in better duffle bags by using better leather and chains. Because they are more fashionable and have greater purchasing power, North America and Europe are the top two regions in the world where handbag sales are reportedly highest. Due to their embrace of western culture, other regions are also said to have witnessed a notable increase in the consumption of this product. The strategic pricing of these goods has drawn buyers with novel selling propositions and made a significant contribution to the handbag business.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Diaper Dude (U.S.)
- Storksak (New Zealand)
- Mia Bossi (U.S.)
- Ferlin (U.S.)
- Britax USA (U.S.)
- Ju-Ju Be (U.S.)
- HapTim (India)
- Skip Hop (U.S.)
- Dwell Studio (U.S.)
- Bag Nation (Singapore)
- Fisher-Price (U.S.)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 375.55 Million in 2021 |
Market Size Value By |
US$ 789.83 Million by 2031 |
Growth Rate |
CAGR of 7.72% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global baby travel bags market expected to touch by 2031?
The global baby travel bags market is expected to touch USD 789.83 million by 2031.
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What CAGR is the baby travel bags market expected to exhibit during 2024-2031?
The baby travel bags market is expected to exhibit a CAGR of 7.72% over 2024-2031.
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Which are the driving factors of the baby travel bags market?
Single parenting and growing number of working women are the driving factors of the baby travel bags market.
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Which are the top companies operating in the baby travel bags market?
Carters, Gap, Gerber Childrens wear, Ralph Lauren, The Childrens Place are the top companies operating in the baby travel bags market.