Monday, 21 November 2016

Global Baby and Child Proofing Products Market Research Report 2016-2020



Technavio Announces the Publication of its Research Report Global Baby and Child Proofing Products Market 2016-2020

Technavio recognizes the following companies as the key players in the global baby and child proofing products market: Cardinal Gates, Dorel Juvenile, Dreambaby, KidCo, and Munchkin.

Other prominent vendors in the market are: ClevaMama, DEX PRODUCTS, Evenflo, KidKusion, Mommy's Helper, North States, Prince Lionheart, Regalo Baby, and Summer Infant.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is product innovation in proofing products for electrical appliances. Busy lifestyles and the need for effective and convenient options have encouraged baby and child proofing manufacturers to come up with products that suit the needs of present day parents. The electric products are the major part of once everyday lives and almost all the rooms in the house would be having power outlets, extension leads, phone chargers, computer cables and many more. According to the National Fire Protection Association, approximately 2,400 kids suffer from severe shock and burns in the US caused by items being poked into the slots receptacles. Most of the electrical receptacle are open which allows the babies to poke the object inside causing various chances of accidents. However, consumers are now using tamper resistant receptacles. These receptacles are filled with plastics with spring-loaded shutters that close the opening and will only open if they are pushed simultaneously. Another solution is the electrical outlet cap, a low-price product that prevents the baby from touching electrical outlets. For instance, Mommy's Helper offers Individual outlet caps, which are inexpensive and easy to install. Another example is of Safety 1st Press fit outlet plugs.”

According to the report, one of the primary drivers in the market is parents hiring child safety specialists. According to the National Center for Injury Prevention and Control, every year 20%-25% of the children sustain an injury which is severe enough for medical aid, or bed rest. Annually, the statistics of injury and deaths to infants and babies in the home are increasing. Almost 80% of all the child deaths occur at home, due to burning, poisoning, choking or drowning. Most of the baby and child injuries could have been prevented with a thorough consultation and safety implementation with a baby-proofing expert. Therefore, parents are nowadays opting for baby proofing services and are consulting experts for the safety of their kids. One such example is of Baby Safe Homes Corporate, which offers safety consultation, top quality child safety products, and professional installation services. 

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Further, the report states that one major challenge in the market is low market penetration in developing countries. The market penetration of baby and child proofing products is low compared with other baby care products such as baby skin care, hair care, bath, toiletries, and sun protection products in the developing countries. Currently, 85-90% of households in the US use baby and child proofing products. However, the penetration rate is well below 10% in developing countries like Brazil and India. Baby and child proofing products are still perceived as non-essential in Russia and countries in MEA, hindering mass adoption. Lack of awareness about these devices and their use in many developing countries is also a bottleneck restricting growth in the adoption of baby and child proofing products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. 

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About Baby and Child Proofing Products

The baby and child proofing products market has high penetration rates in developed countries in Europe and North America, which have high awareness about these products. However, the market is at a nascent stage in APAC, MEA, and South and Central America. The growing demand from countries such as China, Japan, Oman, Kuwait, and Brazil is expected to contribute to market growth. China shows the highest growth potential in this market. The rise in the number of dual-income families, increased awareness of baby care products especially baby safety products, and concerns over the health and safety of children are propelling the growth of the global baby and child proofing products market. 

Technavio’s analysts forecast the global baby and child proofing products market to grow at a CAGR of 6.96% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global baby and child proofing products market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of baby and child proofing products for children aged 0-4 years.

The market is divided into the following segments based on geography: 
• APAC
• Europe
• North America 
• ROW

Technavio's report, Global Baby and Child Proofing Products Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• Cardinal Gates
• Dorel Juvenile
• Dreambaby
• KidCo
• Munchkin

Other prominent vendors 
• ClevaMama
• DEX PRODUCTS
• Evenflo
• KidKusion
• Mommy's Helper
• North States 
• Prince Lionheart 
• Regalo Baby 
• Summer Infant

Market driver 
• Parents hiring child safety specialists.
• For a full, detailed list, view our report 

Market challenge 
• Low market penetration in developing countries.
• For a full, detailed list, view our report 

Market trend 
• Product innovation in proofing products for electrical appliances.
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 


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