The Baby Carriages and Baby Carriages Parts Market in Sweden has observed a general upward trend from 2012 to 2022, with the market value increasing from $89.579 million in 2012 to $121.8 million in 2022. Notable growth periods were from 2016 to 2018, with year-on-year increases of 7.23%, 9.38%, and 7.5% respectively. However, market retraction occurred in 2019 with a significant decline of 9.71%, followed by a near-stagnant period in 2020. The market stabilized and grew again in 2021 and 2022 with year-on-year increases of 7.02% and 1.61%. Despite yearly fluctuations, the market has a 5-year CAGR of 1.04% indicating steady growth albeit at a reduced rate.
Future trends to watch for in this market include continued technological advancements in baby carriage designs, a rise in eco-friendly and sustainable products, and potential market shifts due to changing birth rates and consumer demographics. Additionally, innovations in safety features and convenience are likely to drive market demand.
How does Sweden 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 |
9 | 9 Netherlands | 210,460,000 | 2023 | +3.29% | +1.71% | View data |
10 | 10 Spain | 181,290,000 | 2023 | -10.5% | -8.44% | View data |
11 | 11 Sweden | 123,690,000 | 2023 | +1.55% | -0.1% | |
12 | 12 Canada | 122,330,000 | 2023 | +0.054% | -0.35% | View data |
13 | 13 Israel | 113,230,000 | 2023 | +1.84% | +2.97% | View data |