Umbrella-fold Buggies Market was valued at USD 1.8 Billion in 2022 and is projected to reach USD 2.9 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The trend for umbrella-fold buggies was influenced by evolving consumer lifestyles. As people became more health-conscious and eco-friendly, they demanded more sustainable and convenient travel options. Innovations, such as improved frame designs, shock absorption, and enhanced safety features, contributed to this market's growth. Additionally, an increase in disposable incomes allowed a wider range of consumers to afford premium models, further driving the demand. However, the market faced challenges, including high competition from traditional strollers and fluctuating material costs that impacted pricing strategies.
Looking towards the forecast period from 2023 to 2033, the Umbrella-fold Buggies Market is expected to witness even greater expansion. The growing trend of urbanization, alongside a rising number of working parents and families, is anticipated to drive demand for more practical and efficient products. Consumer preferences will shift towards smart features integrated into buggies, such as built-in app connectivity for monitoring baby comfort and safety. Additionally, with more emphasis on sustainability, companies will explore eco-friendly materials and production methods, contributing to market growth. The continued development of lightweight, high-quality designs will also boost the appeal of umbrella-fold buggies.
As competition heats up, established brands will have to adapt to changing consumer expectations. New market entrants may also emerge with innovative solutions, capturing the attention of price-sensitive and tech-savvy consumers. The expected market expansion will also be fueled by increased online sales channels, offering convenience and better accessibility for a global customer base.
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The Umbrella-fold Buggies Market has experienced significant developments from 2018 to 2022. During this period, the demand for lightweight and compact baby strollers surged, primarily driven by the convenience and portability these products offer. Consumers increasingly preferred buggies that could easily fold into a compact shape for better storage and transportation, especially in urban environments. The market saw strong growth as more parents sought practical solutions for daily commuting and travel. The global market was valued at billions, with significant contributions from North America, Europe, and the Asia Pacific regions.
CHICCO (Artsana)
Bugaboo
Quinny
Good Baby
Stokke
Britax
Peg Perego
Combi
Graco
UPPAbaby
Inglesina
Silver Cross
Emmaljunga
Babyzen
Jané
BabyJogger
Cosatto
ABC Design
Seebaby
Hauck
Shenma Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Umbrella-fold Buggies Market
Under 1 years old
1 to 2.5 years old
Above 2.5 years old
Based on Types the Market is categorized into Below types that held the largest Umbrella-fold Buggies market share In 2023.
Single-Child
Multi-Child
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Umbrella-fold Buggies Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Umbrella-fold Buggies Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Umbrella-fold Buggies Market, By Type
6. Global Umbrella-fold Buggies Market, By Application
7. Global Umbrella-fold Buggies Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Umbrella-fold Buggies Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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