Online Baby Products Retailing Market Research Highlights Recovery Path for
Businesses from COVID-19 based on Products - Baby toys, Baby gear, and Baby
apparel | Technavio
Business Wire
LONDON -- September 14, 2020
The new Online Baby Products Retailing Market Research from Technavio
indicates Negative and Inferior growth in the short term as the business
impact of COVID-19 spreads.
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https://www.businesswire.com/news/home/20200914005629/en/
Technavio has announced its latest market research report titled Global Online
Baby Products Retailing Market 2020-2024 (Graphic: Business Wire)
Technavio has announced its latest market research report titled Global Online
Baby Products Retailing Market 2020-2024 (Graphic: Business Wire)
"One of the primary growth drivers for this market is the Easier Payment
Options,” says a senior analyst for Consumer Discretionary industry at
Technavio. “The purchase volume of baby products through online mode is
increasing due to the rising customer confidence in online payments. Easy
refund policies, 24/7 customer service, and lower prices are other factors
that are encouraging the growth of online retailing of baby products.
Consumers prefer online purchase of baby products because online retailers
provide several secure payment options such as internet banking, COD, cash on
order, e-wallets, and credit cards.” As the markets recover Technavio expects
the online baby products retailing market size to grow by USD 24.76 billion
during the period 2020-2024."
Get detailed insights on COVID-19 pandemic Crisis and Recovery analysis of the
online baby products retailing market. Download free report sample
Online Baby Products Retailing Segment Highlights for 2020
* The online baby products retailing market is expected to post a
year-over-year growth rate of 15.96%.
* Baby toys dominated the market in 2019
Regional Analysis
* 33% of the growth will originate from the APAC region. China is a key
market for online baby products retailing in APAC.
* The rising fertility rate, the increasing penetration of the Internet, and
the influx of international brands will significantly drive online baby
products retailing market growth in this region over the forecast period.
* Market growth in this region will be faster than the growth of the market
in Europe, North America, and South America.
Click here to learn about report detailed analysis and insights on how you can
leverage them to grow your business.
Notes:
* The online baby products retailing market size is expected to accelerate
at a CAGR of almost 20% during the forecast period.
* The online baby products retailing market is segmented by product (baby
toys, baby gear, baby apparel, baby diaper products, and others) and
geography (APAC, Europe, MEA, North America, and South America).
* The market is fragmented due to the presence of many established vendors
holding significant market share.
* The research report offers information on several market vendors,
including Alibaba Group Holding Ltd., Amazon.com Inc., Argos Ltd., Baby
Earth, BABY SHOP LLC., Babydash Sdn Bhd, Bed Bath & Beyond Inc., eBay
Inc., JustKidding General Trading (L.L.C.), and The Walt Disney Co.
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Technavio is a leading global technology research and advisory company. Their
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Coverage
Regions Covered
Worldwide
Topics Covered
COVID-19, Baby Products, Online Baby Products, Online Baby Products Retailing,
Baby Products Retailing, Baby toys, Baby gear
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200914005629/en/
Contact:
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
