South America baby safety and convenience market is expected to grow at sustainable pace during the forecast period owing to the growing consumer awareness on safety and convenience of baby while travelling or on move, thus creating a demand for baby prams and strollers and car seat, fueling the growth of the baby safety and convenience market in this region during the forecast period. Additionally, parents are willing to spend on their babies keeping in view the safety of their offspring, and with a growing disposable income, the market is continuing to propel in the forecast period. Some of the market players like Newell Brands, Dorel Industries Inc., Hauck Gmbh & Co. KG, and Artsana S.p.A. are coming up with new product developments have a strong presence in the South American region which is further fueling the market growth in this region during the forecast period.
Furthermore, the growing trend towards the sale of baby safety and convenience products online is driving the market growth due to the convenience to purchase leading to saving time, effort, and money. The South American baby safety and convenience market is projected to surge during the forecast period in order to achieve a market size of USD697.988 million by 2024 from a market size of USD600.955 million in 2018.
Growing investments in the research and development activities by the companies leading to technological advancements in the baby care products are expected to boost the sales of baby safety and convenience products in the South American region during the forecast period due to the availability of a range of baby safety and convenience product choices to a wide range of end consumers.
The South America Baby safety and convenience Market – Forecasts from 2019 to 2024 is an exhaustive study which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity markets on the country level and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, distribution channel, and country.
The South America baby safety and convenience market is segmented based on type, distribution channel, and country. Based on type the market has been segmented into Prams and Strollers and Car Seat. By distribution channel, the market has been classified into Online and Offline. By country, the market has been classified into the Brazil, Argentina, and Others.
Regional analysis has been provided with detailed analysis and forecast by analyzing 2 major countries of the South American region for the period 2019 to 2024, taking 2018 as the base year.
Major players in the South America baby safety and convenience market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the South America baby safety and convenience market.
By Distribution Channel