The Baby Carriages and Baby Carriages Parts market in Brunei has shown steady growth over the past decade, reaching a value of $1.82 per capita in 2023. Year-on-year growth from 2022 to 2023 was approximately 1.11%. Over the last five years, this market has had a compound annual growth rate (CAGR) of around 1.26%, highlighting a consistent upward trend.
Future trends to watch for include:
- An increasing focus on eco-friendly and sustainable baby products.
- Potential market expansions driven by digital marketing and e-commerce platforms.
- The potential influence of evolving consumer preferences towards premium and multifunctional baby products.