Key Market Indicators
The baby carriages market is projected to decrease to approximately $282 million by 2028, down from around $317 million in 2023. This represents an annual compound growth rate (CAGR) decline of 1.9%. The market has already experienced a year-on-year decrease of 2.3%. In this sector, the United States, Germany, and the United Kingdom hold the second, third, and fourth positions, respectively. Similarly, sales of baby garments are expected to fall to roughly $1.68 billion by 2028, compared to about $1.73 billion in 2023. This indicates a 0.5% annual decline in CAGR, following a year-on-year demand decrease of 1.1%. China, the United Kingdom, and France rank as the second, third, and fourth largest markets in this category, respectively.
