The value per capita of the baby carriages and parts market in South Africa has steadily declined from $0.57 in 2013 to $0.36 in 2023. This marks a significant trend of decreasing consumer spend within this segment. Between 2022 and 2023, the year-on-year decline was approximately 2.7%, continuing a consistent downward trend. The compound annual growth rate (CAGR) over the last five years is around -3.3%, highlighting an ongoing contraction in market size.
Future trends to watch:
- Potential market recovery as economic conditions improve or as population growth stabilizes.
- Impact of new entrants offering innovative or cost-effective solutions.
- Consumer shifts towards alternative child transportation methods.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Israel | 12.16 | 2023 | View data | ||
| 2 | 2 Sweden | 11.85 | 2023 | View data | ||
| 3 | 3 Denmark | 10.82 | 2023 | View data | ||
| 4 | 4 Netherlands | 10.68 | 2023 | View data | ||
| 5 | 5 Austria | 9.63 | 2023 | View data | ||
| 28 | 28 Mauritius | 0.69 | 2023 | View data | ||
| 29 | 29 Guatemala | 0.67 | 2023 | View data | ||
| 30 | 30 South Africa | 0.36 | 2023 | |||
| 31 | 31 Honduras | 0.26 | 2023 | View data | ||
| 32 | 32 Morocco | 0.12 | 2023 | View data | ||
