The Baby Carriages and Baby Carriages Parts market in Belgium experienced significant fluctuations over the past decade. The market value saw a peak in 2015 at $57.366 million but faced a decline afterwards, stabilizing around $45 million from 2020 to 2022. The CAGR over the last five years was -0.33%, indicating a slight downward trend. Year-on-year variations in the last two years showed a minor decrease of 0.44% in 2022 and a slight increase of 1.19% in 2021, reflecting a stabilizing trend.
Future trends to watch for include the impact of rising consumer demand for eco-friendly and multifunctional baby products, potential economic fluctuations affecting disposable income, and advancements in technology integrating smart features into baby carriages.
How does Belgium rank in Baby Carriages and Baby Carriages Parts Market Size Value?
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,545,100,000 | 2023 | +6.05% | +2.1% | View data |
| 2 | 2 United States | 2,422,400,000 | 2023 | +1.68% | +1.79% | View data |
| 3 | 3 Germany | 584,430,000 | 2023 | +1.9% | +0.84% | View data |
| 4 | 4 United Kingdom | 512,860,000 | 2023 | -2.19% | -3.05% | View data |
| 5 | 5 France | 317,090,000 | 2023 | -2.25% | -2.26% | View data |
| 16 | 16 Denmark | 64,000,000 | 2023 | +1.4% | -0.12% | View data |
| 17 | 17 Switzerland | 54,129,000 | 2023 | +1.31% | +1.22% | View data |
| 18 | 18 Belgium | 49,415,000 | 2023 | +0.49% | +0.92% | |
| 19 | 19 Peru | 39,911,000 | 2023 | -0.27% | +0.19% | View data |
| 20 | 20 Colombia | 37,954,000 | 2023 | -1.37% | -1.03% | View data |
