Key Market Indicators
The baby carriages market is projected to experience a significant downturn over the next five years. Sales are expected to drop from approximately $88 million in 2023 to around $69 million by 2028. This represents an average annual decline of 3.9%. The market has already seen a notable decrease, with a year-on-year decline of 4.7%. This trend is reflected in global rankings, where the United States, Germany, and the United Kingdom hold the second, third, and fourth spots, respectively. This downward trajectory highlights potential challenges and shifts within the baby carriage industry, necessitating strategic adjustments by market players to address the ongoing decline.