Online Baby Products Retail Market: 36% of Growth Will Come from Asia-Pacific | Market share, drivers, trends and forecasts

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NEW YORK, April 1, 2022 /PRNewswire/ — The Baby Products Online Retail Marketplace To share should increase by $13.61 billion from 2021 to 2026 with an accelerated CAGR of 9.82%, according to the recent Technavio market study.

Technavio has announced its latest market research report titled Online Baby Products Retail Market by Product and Geography – Forecast and Analysis 2022-2026

Segmentation by product (In-Scope/Out-of-Scope)

The growth of the online baby products retail market share by the baby toys segment will be significant during the forecast period. Strong demand for educational toys is also expected to drive sales in this segment. The Internet makes it easy for parents to access popular toy sites and compare products remotely. Baby toy sales are high during occasions and festivals due to heavy discounts available online. One of the advantages of online retailing of baby toys is that consumers can order products from distributors or remote sellers. If they receive damaged or counterfeit products, they can return the product to the seller. Due to this advantage, the adoption of this channel for purchasing various baby toys is increasing.

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Additionally, the report also provides Value chain analysis which helps businesses gain a competitive advantage in the marketplace. the Baby Products Online Retail Market Value Chain includes the following basic components:

  • Submissions

  • Operations

  • Marketing and Sales

  • Service

  • Support activities

  • Innovation

Strong points-

  • Segmentation- The report extensively covers market segmentation by product (baby toys, baby gear, baby apparel, baby diaper products, and others) and by geography (APAC, North America, Europe, Middle East and Africaand South America)

  • Key Companies- Alibaba Group Holding Ltd., Amazon.com Inc., Argos Ltd., Baby care, Baby Earth, Babydash Sdn Bhd, Babyshop Group, Bed Bath and Beyond Inc., Best Buy Co. Inc., Brainbees Solutions Pvt. Ltd., Ebates Performance Marketing Inc., eBay Inc., DRESS CODE, Kidsroom, Mumzworld.com, Pupsik Studio LLP, Qurate Retail Inc., Saks Direct Inc., The Walt Disney Co. and Tru Kids Brand, among others

  • Driver- Easier payment options to stimulate the market.

  • Challenge– Increased availability of counterfeit products to hamper market growth

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Overview of Suppliers-

The online retail market for baby products is fragmented and sellers are deploying growth strategies such as focusing on acquiring other small brands to increase their presence in the market in order to compete in the Marlet.

  • Alibaba Group Holding Ltd.- The company offers a wide range of baby products through its online retail platform, such as water bottles, strollers, walkers and carriers, wet wipes, feeding supplies, and more. .

  • Baby Earth The company offers a wide variety of baby products through its online retail platform, such as clothes, strollers, nursing, toys and others.

  • eBay Inc.- The company offers a wide variety of baby products online such as cribs, blankets and throws, plush baby toys, strollers, baby and toddler shoes, and more.

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Learn more about key driver and market challenge-

Easy accessibility and hassle-free online payments and customer confidence in online payments, 24/7 customer support, easy refund policies and lower prices are some key factors supporting online sales of baby products. Online retailers offer several payment options, such as credit cards, e-wallets, COD (cash on delivery), internet banking, and pay-per-order. They are also trying to increase their market share by offering secure payment gateways and thereby building customer confidence. Regulatory changes, such as the demonetization of Indian banknotes, which was implemented in 2017, reduced cash flow. Such changes are therefore encouraging many online retailers such as Amazon.com to introduce various point-of-sale (POS) payment options. The availability of fast, secure and cheap technology has helped many new players to enter the e-commerce market making it highly competitive and profitable. These factors propel the growth of the market.

The easy and widespread availability of counterfeit products online is expected to aggravate the market growth over the forecast period. Counterfeit products are fraudulently manufactured and mislabeled with popular brand names. These practices affect the profitability and brand image of original sellers and consumer confidence. The prices of these products are also lower than those of the original products. Moreover, the lack of proper processes to ensure product authentication and credibility also affects real players and consumers. Counterfeit products are mainly available in developing countries, China being one of the largest exporters. These factors are hampering the growth of the online retail baby products market over the forecast period.

Find additional information on various other market drivers and challenges mentioned in our Sample FREE Report.

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Scope of the online baby products retail market

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 9.82%

Market Growth 2022-2026

$13.61 billion

Market structure

Fragmented

Annual growth (%)

9.55

Regional analysis

APAC, North America, Europe, Middle East and Africa and South America

Successful market contribution

APAC at 36%

Main consumer countries

United States, China, Japan, Germany, United Kingdom and France

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Alibaba Group Holding Ltd., Amazon.com Inc., Argos Ltd., Baby Care, Baby Earth, Babydash Sdn Bhd, Babyshop Group, Bed Bath and Beyond Inc., Best Buy Co. Inc., Brainbees Solutions Pvt. Ltd., Ebates Performance Marketing Inc., eBay Inc., DRESS CODE, Kidsroom, Mumzworld.com, Pupsik Studio LLP, Qurate Retail Inc., Saks Direct Inc., The Walt Disney Co. and Tru Kids Brand

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Customization overview

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Product

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier Landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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