PUBLISHER: KBV Research | PRODUCT CODE: 1498491
PUBLISHER: KBV Research | PRODUCT CODE: 1498491
The Latin America, Middle East and Africa Baby Carriers Market would witness market growth of 6.2% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 2,577.3 thousand units, showcasing a growth of 8.0% (2024-2031).
The online sales channel for the market has grown significantly, driven by the convenience and accessibility it offers to parents. E-commerce platforms, brand websites, and online marketplaces provide a vast selection of baby carriers, including soft structured carriers, wraps, slings, and backpack carriers. Thus, the Saudia Arabia market would sale 104.76 thousand units of baby carriers by the year 2031.
The Brazil market dominated the LAMEA Baby Carrier Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $64.4 million by 2031. The Argentina market is showcasing a CAGR of 6.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 5.9% during (2024 - 2031).
The market has experienced significant growth and innovation in recent years, driven by shifting demographic trends, evolving consumer preferences, and product design and technology advancements. With increasing urbanization, more families reside in cities where limited space and mobility are essential.
Moreover, urban populations grow, access to green spaces and recreational areas may become limited. Baby carriers enable parents to explore urban parks, nature trails, and outdoor recreational areas with their infants, promoting outdoor activity and family bonding despite urban constraints.
The LAMEA region has a rapidly growing population, with many countries experiencing high birth rates compared to other parts of the world. This high birth rate contributes to a larger pool of potential consumers for baby products, including baby carriers. In UAE, the number of registered live births reached to 97,572 in 2020 and the total crude birth rate was 10.17 in 2020. Also, in many parts of the LAMEA region, families may not have access to modern conveniences or may face challenges related to infrastructure, such as uneven terrain or limited access to paved roads
Based on Sales Channel, the market is segmented into Offline, and Online. Based on Product, the market is segmented into Soft Structure Carriers, Wrap/Sling Carriers, Backpack Carriers, and Others Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Baby Carriers Market Report Segmentation
By Sales Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Product (Volume, Thousand Units, USD Billion, 2020-2031)
By Country (Volume, Thousand Units, USD Billion, 2020-2031)