Baby Travel Bags Market to record USD 242.37 Mn incremental growth — North America to have a significant share – QNT Press Release

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NEW YORK, Sept. 30, 2022 /PRNewswire/ — The global baby travel bags market is fragmented due to the presence of several established vendors offering a wide range of products. The vendors in the market are incorporating automation in the manufacturing process. They are differentiating themselves in terms of quality, regulatory compliance, and product innovation. However, the price differentiation among vendors is low as the products are made of similar raw materials and designs. Organic growth in the market has a moderate impact on disruption, while inorganic growth is having a low emphasis because of negligible M&A activities. Get deeper insights into the vendor landscape, product launches, and competitive scenario by purchasing our full report. Download PDF Report Sample before purchasing

The global baby travel bags market size is expected to grow by USD 242.37 million between 2021 and 2026. However, the growth momentum is expected to decelerate at a CAGR of 6.2% during the forecast period.

is driven by the changing lifestyles coupled with the rise in single-parent and nuclear families. Baby travel bags have well-organized compartments to store essential baby products such as baby bottles and baby diapers. They are also hassle-free and can be used for other day-to-day purposes. Thus making it convenient and easy for single-parent and nuclear families while traveling. With the rise in the number of nuclear families, in both developed and developing countries, the demand for baby travel bags is expected to increase during the forecast period.

In addition, the introduction of multi-featured baby travel bags is anticipated to further boost the growth of the baby travel bags market. However, the declining birth rate in developed countries will challenge the growth of the market.

Major Baby Travel Bags Companies:

• 2 Red Hens Collections: The company offers baby travel bags namely Rooster diaper bags.
• Active Doodie Gear: The company offers baby travel bags namely Active Doodie dad diaper bags.
• Britax Child Safety Inc.: The company offers baby travel bags such as car seat bags.
• Carters Inc.: The company offers baby travel bags such as diaper bags, hip packs, and backpacks.
• Elodie Details AB: The company offers baby travel bags such as changing bags, toiletry bags, and backpacks.
• Albee Baby Carriage Co. Inc.
• Brainbees Solutions Pvt. Ltd.
• Guccio Gucci Spa
• hap tim.com Inc.
• Itzy Ritzy
• JuJuBe
• OiOi Pty Ltd.
• Parker Baby Co.
• Petunia Pickle Bottom
• Sanrio Co. Ltd.
• Storksak Ltd.
• The ERGObaby Carrier Inc.
• TOMY International Inc.
• Wenger SA
• Xiamen Worthfind Imp. and Exp. Co. Ltd.

Baby Travel Bags Market Distribution Channel Outlook (Revenue, USD Million, 2021-2026)

• Offline – size and forecast 2021-2026
• Online – size and forecast 2021-2026

The offline segment accounted for maximum sales in the market in 2021. However, the revenue of the offline distribution channel has been gradually declining over the years due to a shift in consumer preference for online shopping. To fuel the sales through offline channels, players are focusing on their store expansion in the local and regional markets.

Baby Travel Bags Market Geography Outlook (Revenue, USD Million, 2021-2026)

• Europe – size and forecast 2021-2026
• North America – size and forecast 2021-2026
• APAC – size and forecast 2021-2026
• The Middle East and Africa – size and forecast 2021-2026
• South America – size and forecast 2021-2026

North America will dominate the market growth, occupying 36% of the global market share. The regional market is driven by the high spending power of the population and the wide presence of luxury brands across North America. Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request Sample Report Here

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