NEW YORK, July 18, 2024 /PRNewswire/ -- The global online baby products retailing market market size is estimated to grow by USD 17.33 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of 11% during the forecast period. Competitive pricing and discounts on baby products is driving market growth, with a trend towards growing omnichannel retailing. However, availability of counterfeit baby products poses a challenge. Key market players include Alibaba Group Holding Ltd., Amazon.com Inc., Baby Earth, Babydash Sdn Bhd, Babyshop Group, Bed Bath and Beyond Inc., Best Buy Co. Inc., Brainbees Solutions Pvt. Ltd., DRESS CODE, eBay Inc., J Sainsbury plc, Kidsroom, Mumzworld.com, Otway Technology Pty Ltd., Pupsik Studio LLP, Qurate Retail Inc., Rakuten Group Inc., Saks Direct Inc., The Walt Disney Co., and Tru Kids Brand.
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Online Baby Products Retailing Market Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017 - 2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11% |
Market growth 2023-2027 |
USD 17.33 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
10.55 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 40% |
Key countries |
US, Japan, Germany, UK, and France |
Key companies profiled |
Alibaba Group Holding Ltd., Amazon.com Inc., Baby Earth, Babydash Sdn Bhd, Babyshop Group, Bed Bath and Beyond Inc., Best Buy Co. Inc., Brainbees Solutions Pvt. Ltd., DRESS CODE, eBay Inc., J Sainsbury plc, Kidsroom, Mumzworld.com, Otway Technology Pty Ltd., Pupsik Studio LLP, Qurate Retail Inc., Rakuten Group Inc., Saks Direct Inc., The Walt Disney Co., and Tru Kids Brand |
Market Driver
In today's digital age, consumers conduct thorough online research before making purchases, enabling them to compare features, brands, and prices. Leading baby product brands are responding by enhancing sales experiences through improved account and supply chain management, as well as informative and interactive websites. Online retailers like Amazon, Alibaba.com, and Flipkart offer features for product comparison based on price, popularity, and customer reviews. Players are expanding distribution channels to cater to diverse customer segments, resulting in the rise of omnichannel retailing. This seamless integration of physical and digital shopping experiences is a significant factor driving the growing demand for online baby product retailing. The global market for online baby product retailing is anticipated to expand during the forecast period due to the increasing popularity of this shopping method.
The online baby products market is booming with trends like exclusive deals, coupons, and promotions attracting wealthy millennial parents. Brick-and-mortar stores face competition as parents prefer quick delivery and after-sales assistance from retailers. Baby clothing, shoes, furniture, accessories, strollers, car seats, and digital products are popular categories. Lower costs and sales experiences are key factors driving internet buying. Major companies offer eco-friendly and ethically sourced products. Industry players use e-commerce platforms, augmented reality tools, AI-driven recommendations, and subscription boxes to enhance sales. Parents voice opinions and read reviews before purchasing pricings. Competitive scenario includes major industry players, payment service providers, and delivery choices. Digital channels like websites and mobile applications cater to various client categories, offering food, toys, clothes, diapers, and more.
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Market Challenges
- The online baby products retailing market faces challenges due to the prevalence of counterfeit items. These products, which are fraudulently produced and misrepresented as popular brands, negatively impact both the profitability and reputation of authentic vendors. Consumers are attracted to their lower prices, but their use can undermine confidence in the market. The lack of effective authentication processes in some regions, particularly in developing countries like China, exacerbates this issue. This situation may hinder the growth of the global online baby products retailing market during the forecast period.
- The online baby products retailing market is booming with the rise of wealthy millennial parents opting for convenience and quick delivery. Retailers offer exclusive deals, coupons, and promotions to attract clients, creating a competitive scenario. Brick-and-mortar stores face challenges as parents increasingly turn to internet buying for baby clothing, shoes, furniture, accessories, strollers, car seats, and more. Major companies provide sales experiences tailored to client categories, with e-commerce platforms offering delivery choices and major digital channels like websites and mobile applications. Pricing remains a significant factor, with retailers striving for lower costs. Industry players leverage voice opinions and reviews to build trust, while offering eco-friendly and ethically sourced products. Augmented reality tools, AI-driven recommendations, subscription boxes, and payment service providers enhance the shopping experience. Competition comes from major industry players, and digital products like food, toys, clothes, diapers, and other baby essentials are also part of the mix.
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Segment Overview
This online baby products retailing market market report extensively covers market segmentation by
- Platform
- 1.1 Mobile
- 1.2 PC or tablet
- Produkt
- 2.1 Baby toys
- 2.2 Baby gear
- 2.3 Baby apparel
- 2.4 Baby diaper products
- 2.5 Baby personal care products and others
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 Middle East and Africa
- 3.5 South America
1.1 Mobile- The mobile segment of the global online baby products retailing market refers to sales and transactions conducted through mobile devices, such as smartphones. With the widespread use of smartphones worldwide, they have become the primary mode of Internet access for many consumers. Parents and caregivers can easily browse, search, and purchase baby products using mobile applications and websites. Retailers have developed user-friendly mobile apps and optimized websites to provide a seamless shopping experience. Features like personalized recommendations, easy navigation, and secure mobile payment options have boosted the popularity of mobile platforms. Social media influences consumer preferences and decisions, with retailers utilizing these channels to promote products and drive traffic to mobile platforms. Users can directly make purchases via mobile devices, leveraging social media's impact on buying decisions. These factors are expected to fuel the growth of the mobile segment of the global online baby products retailing market.
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Learn and explore more about Technavio's in-depth research reports
The global baby food and infant formula market is driven by rising awareness of nutrition and convenience among parents worldwide. Growth is fueled by demand for organic and natural products, emphasizing health benefits and safety standards. The global baby car seat market is expanding with increasing regulations on child safety in vehicles. Innovations in design, focusing on comfort and ease of installation, drive market growth. Rising disposable incomes and urbanization further propel demand. The global baby diapers market continues to grow due to higher birth rates and improving standards of living. Eco-friendly options gain traction alongside advanced absorbent technologies, meeting evolving consumer preferences for convenience and sustainability.
Research Analysis
The online baby products retailing market is experiencing significant growth due to the convenience and accessibility it offers to parents. E-commerce platforms have revolutionized the way parents shop for essentials like food, toys, clothes, diapers, and more. Augmented reality tools and AI-driven recommendations help parents make informed purchasing decisions. Subscription boxes provide regular deliveries of curated items, while eco-friendly and ethically sourced products cater to the growing demand for sustainable and socially responsible shopping. Payment service providers ensure seamless transactions, and digital channels, including websites and mobile applications, offer around-the-clock access. Parents can enjoy quick delivery, after-sales assistance, and exclusive deals, coupons, and promotions. Brick-and-mortar stores continue to coexist with online retailers, catering to parents who prefer a tactile shopping experience. Wealthy millennial parents are driving the market with their tech-savvy shopping habits and preference for convenience. The market includes a wide range of products, from baby clothing, shoes, and furniture to food and diapers.
Market Research Overview
The online baby products retailing market is experiencing rapid growth due to the increasing preference for convenience and quick delivery among parents. E-commerce platforms are revolutionizing the industry with augmented reality tools that allow parents to virtually try out products before purchasing. AI-driven recommendations and subscription boxes cater to the unique needs of each parent and child. Eco-friendly and ethically sourced products are also gaining popularity, with payment service providers ensuring secure and seamless transactions. Digital channels, including websites and mobile applications, offer exclusive deals, coupons, and promotions, attracting wealthy millennial parents. Brick-and-mortar stores are also adapting to the digital age, offering online shopping options and competitive pricing. Retailers focus on delivering a sales experience that caters to various client categories, with quick delivery and after-sales assistance being key differentiators. The market is competitive, with major companies offering a wide range of baby products, including food, toys, clothes, diapers, and digital products, as well as delivery choices and major brands. Parents can voice their opinions and read reviews to make informed decisions, with pricing being a crucial factor in their buying process.
Das Inhaltsverzeichnis:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Platform
- Mobil
- PC Or Tablet
- Produkt
- Baby Toys
- Baby Gear
- Baby Apparel
- Baby Diaper Products
- Baby Personal Care Products And Others
- Geography
- APAC
- North America
- Europa
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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