Best for baby: Growth in the number of births and rebounding per capita disposable income will likely boost revenue
Abstract
Durable Baby Goods Stores Over the five years to 2019, industry revenue is anticipated to increase. This industry has grown steadily over the past five years, benefiting from a slight uptick in the number of births. Over the five years to 2019, this industry has also benefited from an increase in consumer spending on children. The industry has benefited from a rising preference for designer and premium quality baby goods, which has also improved profit margins for industry operators. However, the increasing number of services conducted online and the presence of big-box retailers selling industry products has mitigated industry revenue growth.Over the five years to 2024, the industry is expected to follow a similar growth trajectory.Continued growth in the number of births and increasing per capita disposable income will boost industry revenue. However, increasing competition and an expected increase in the cost of raw materials for upstream manufacturers over the next five years is anticipated to mitigate stronger growth.
The industry comprises stores that retail durable goods for babies and toddlers up to 4 years old. Examples of primary products this industry sells include cribs, strollers, dressers, changing tables, car seats and other similar items. Though operators may sell some toys and clothes, retailers that primarily sell toys or clothes are captured in the Hobby and Toy Stores (IBISWorld report 45112) and Children’s and Infants’ Clothing Stores (44813) industries, respectively.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Our reports have been used by over 10K customers, including:
133 pages •
By Euromonitor International
• Apr 2022
Having declined sharply during 2020 due to a combination of COVID-19 restrictions and the economic shock of the pandemic, retailing constant value sales (2021 prices) rebounded strongly in 2021, exceeding their pre-pandemic peak, as pandemic restrictions were eased and the economic environment stabilised. This rebound was particularly notable...
147 pages •
By Euromonitor International
• Mar 2022
Having exhibited a double-digit decline in retail constant value sales (2021 prices) during 2020, retailing recovered only marginally in 2021. Non-grocery specialists were particularly hard hit by the pandemic during 2020, with their retail constant value sales plunging by a quarter, as they were regarded as ‘non-essential’ and forced to close...
71 pages •
By Euromonitor International
• Mar 2022
With the economy opening up in 2021 after the upheaval caused by the pandemic in 2020, retailing registered an increase in current value sales. However, its constant value growth was less, as inflation hit volume sales. Retailing in Uruguay report offers insight into key trends and developments driving the industry. The report examines...
70 pages •
By Euromonitor International
• Mar 2022
The pandemic continued to shape purchasing behaviour among Bolivians in 2021. The impact of the crisis on the economy has been harsh; the year began in recession with GDP shrinking by an estimated -8% y-o-y. This has seen consumer price sensitivity sharpen, the adoption of more cautious buying behaviour, and a widespread search for lower prices,...
51 pages •
By Euromonitor International
• Apr 2022
Retailing grew steadily in 2021 as the pandemic receded in the second half of the year and lifestyles slowly normalised. However, Laos’ retailing industry remains underdeveloped, with informal retailing dominant especially given the recent drop in disposable incomes, which also stimulated cross-border shopping. Traditional retailers dominate...
145 pages •
By Euromonitor International
• Feb 2022
After a challenging and complicated year, retailing in Peru began to recover in 2021, as sales grew in relation to 2020. This was despite the fact that the pandemic had not yet been completely overcome. Moreover, while the vaccination campaign was progressing, over half the population had still not been fully vaccinated by mid-October 2021. Retailing...
151 pages •
By Euromonitor International
• Apr 2022
Canadian retailing was forced to adapt quickly to the fast-changing realities imposed by Coronavirus (COVID-19) during 2020 and 2021. The major shift from brick-and-mortar to e-commerce retailing continued during early 2021, as many consumers did not feel safe visiting physical stores. In addition, consumers had become accustomed to the convenience...
142 pages •
By Euromonitor International
• Apr 2022
From January until April 2021, COVID-19 related restrictions remained in place. Retail outlets were mandated by the government to close, except for grocery retailers, drugstores, pharmacies, forecourt retailers and pet shops and superstores. Retailing in Slovakia report offers insight into key trends and developments driving the industry....
139 pages •
By Euromonitor International
• Apr 2022
Store-based retailing saw an impressive recovery in 2021 with this correlating with the strong GDP growth seen from the second quarter onwards. The Czech Republic saw life gradually return to normal from spring 2021 with there being no more lockdowns, while the roll out of the country’s vaccination programme in summer 2021 helped to rebuild...
142 pages •
By Euromonitor International
• Mar 2022
Taiwan’s retail industry faced abrupt changes when an outbreak of COVID-19 upended consumers’ everyday lives in mid-May 2021 and restrictions were imposed by the government. Retail sales across channels saw completely contrasting performances. Consumers reprioritised what was essential and switched to e-commerce more than ever before. Retailing...
Retail
Taiwan
Online Retail Sales
Retail Revenue
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.