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.
This 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’ Apparel 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook