Child Safety Seat Market Size, Industry Share, Revenue, Key Players, CAGR, Demand and Sales Forecast

The global child safety seat market size is set to experience dynamic expansion in the forthcoming years owing to the rising number of accidents across the world, observes Fortune Business Insights™ in its report, titled “Child Safety Seat Market, 2022-2029”.

Over the years, there has been an increasing number of accidents around the world during traveling especially between the age groups of five to fifteen years. This has led to rising demand for child safety seats inside the cars while traveling long distances. Thus, this is a crucial factor contributing to the growth of this market. Further, most of the governments in several countries have imposed child safety rules and regulations for the manufacturing of child safety seats in order to protect children from the occurrence of car accidents. This has also resulted in the growth of the child safety seat market across several regions.

However, the cost of child safety seats is relatively high, which is projected to impede the growth of this market.

COVID-19 Impact:

Due to the increasing travel restrictions imposed by the government during the ongoing COVID-19 pandemic, the demand for child safety seats has decreased gradually, posing challenges for the manufacturers in this market.

Fortune Business Insights™ lists out all the child safety seat market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:

Alpha Group Co. Ltd.
Britax Child Safety Inc.
Chicco
Magna Aftermarket Inc.
Dorel Industries Inc.
DIONO LLC.
Goodbaby International
Graco Inc.
Peg Perego International
Nuna Intl BV.

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Highlights/Summary:

The report supplies holistic research, based on primary, secondary, and tertiary sources, on the various factors and trends driving the market. This report also contains a comprehensive understanding of the key market players and their dominant growth strategies. Along with this, the report provides a nuanced segmentation of the market and a thorough analysis of each and every segment. Lastly, the report shares a broad-based study of the regional developments shaping the future outlook of the market.

Drivers/Restraints:

Increasing Urbanization Rate around the World to Fuel the Market

With the increasing rate of urbanization around the world, most people are inclined towards purchasing luxury cars and sports cars that contain essential safety features for the protection of infants. This has resulted in the rising demand for innovative child safety seats during traveling to different places. Thus, this is a vital factor responsible for the growth of this market.

Regional Insights:

Rising Number of High-Income Groups of Population to Boost the European Market Growth

Europe is projected to dominate in the child safety seat market share on account of the increasing number of people with high income and the rising demand for luxury items in this region.

Asia Pacific region is anticipated to grow steadily in this market owing to the rising usage of cars in the countries such as India and China. Further, the increasing awareness about the safety of the child during traveling is another reason fuelling this market’s growth in this region.

Market Segmentation:

On the basis of category, this market is classified into infant seats, booster seats, combination seats, and convertible car seats. Based on the distribution channel, the market is divided into offline and online. By geography, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

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