The baby carriages and baby carriages parts market in Denmark showed a general increasing trend from 2012 to 2022. After a slight decline between 2012 and 2014, the market rebounded with notable growth, especially between 2016 and 2018 where it saw double-digit increases. From 2018 to 2022, the market dealt with variability but maintained an overall upward trend with smaller year-on-year percentage gains.
Recent trends over the last two years (2021-2022) indicate a continuation of this moderate growth, with yearly increases of 1.76% and 1.63%, respectively. The compound annual growth rate (CAGR) for the last five years (2018-2022) remains positive at 3.3%, pointing to a stable upward trajectory overall.
Future Trends to Watch For:
As we move into 2024 and beyond, it will be critical to monitor demographic shifts such as birth rates and economic factors influencing consumer spending. Innovations in baby carriage technology, sustainability trends, and development in e-commerce distribution channels will also likely play significant roles in shaping the market.
How does Denmark 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 |
14 | 14 Austria | 96,110,000 | 2023 | +2.56% | +2.48% | View data |
15 | 15 Poland | 88,254,000 | 2023 | -4% | -4.67% | View data |
16 | 16 Denmark | 64,000,000 | 2023 | +1.4% | -0.12% | |
17 | 17 Switzerland | 54,129,000 | 2023 | +1.31% | +1.22% | View data |
18 | 18 Belgium | 49,415,000 | 2023 | +0.49% | +0.92% | View data |