PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1390002
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1390002
The global baby car seat market is estimated to grow at a CAGR of 6.95%, reaching US$2.804 billion in 2028 from US$1.752 billion in 2021.
The widespread use of baby car seats has increased rapidly. A high level of kid comfort and safety is provided by the new baby car seats that are being introduced by manufacturers as a result of the increased competition. The creation of extremely secure and comfy infant car seats as a result of technological advancements has increased sales of baby car seats globally. This is mostly explained by the increase in traffic accidents and parents' growing concerns about the safety of their children as 46% of infant car seats are used incorrectly based on statistics by the National Highway Traffic Safety Administration.
According to figures from the Centres for Disease Control and Prevention (CDC), 607 children under the age of 12 who were passengers in moving vehicles were killed. In addition, there were approximately 63,000 injuries sustained in car accidents in the US in 2020. Moreover, as per the Insurance Institute of Highway Safety, the number of children under 13 that die in car crashes per million increased from 618 in 2020 to 716 in 2021. Additionally, the number of car seat deaths per million kids by age in 2021 was 84 million kids aged below 1 year, 135 million kids aged 1-3 years, 306 million kids aged 4-8 years, and 186 million kids aged between 9-10 years. due to the alarmingly high number of accidents, governments are enforcing strict laws to protect children from road accidents all around the world. For instance, according to the CDC statistics, using child safety seats for youngsters reduces the risk of injury by 71%-82%.
Many nations have made the usage of baby car seats mandatory. For instance, The NHTSA is in charge of supervising infant and newborn car seat safety in the US. Regulatory organizations around the world have similar goals, which are to guarantee that baby car seats are safe and provide enough protection to newborns and young children in the case of a crash. These elements favorably affect the worldwide baby car seat market. Moreover, kid safety seats are mandated in some US states, including Alaska and Arizona. Depending on age, weight, and height, regulations also specify the different types of baby car seats for travel. According to the America Academy of Pediatrics (AAP), all infants should ride in rear-facing seats. Child safety law violations are viewed as significant crimes, particularly in jurisdictions like Arizona, Arkansas, Alaska, and California.
The two major growth drivers for the European baby car seat industry are the number of vehicular accidents caused by inappropriate or seldom usage of seat belts, and awareness of the significance of child safety. Moreover, the market is being further stimulated by governmental legislation and regulations that place a priority on children's safety. Players in the European market are incorporating cutting-edge features into infant car seats in addition to safety features, such as side protection, ventilation systems, pushchair adapters, anti-rebound bars, and built-in lock-offs, which are anticipated to further accelerate market expansion.
The demand for bay car seats is expanding in the country as a result of the government's encouragement of laws requiring baby car seats to be used in vehicles to protect children, as well as the initiatives taken by car seat manufacturers to create and design cutting-edge car seats. As per the United Kingdom local government association report published in 2022, England witnessed the largest number of accidents with a three-year average of 1,694. Simultaneously, an average of 291 children were injured in North West and 188 in London. Owing to this the government has initiated strict guidelines for vehicle owners for the use of baby car seats fueling the market expansion. According to UK legislation, children must ride in a car seat until they are 12 or reach 135 cm (4 ft 5 in) in height, whichever comes first. As a result, the parents are recommended to wait until their child is 150cm before letting them wear the car seatbelt. In the UK, a car seat must be authorized by the EU.