The Baby Carriages and Baby Carriages Parts Market in Honduras has seen fluctuations over the years. In 2023, the market size was 2.5913 million USD. The year-on-year growth from 2022 to 2023 was 0.89%, marking a steady increase over the previous two years. Analyzing the past five years, the compound annual growth rate (CAGR) is estimated at 0.68%, indicating a modest, albeit stable, growth pattern overall.
Looking ahead, future trends to watch include:
- Increasing demand linked to growing awareness of child safety and comfort.
- Potential impact of technological advancements like smart baby carriages.
- Influence of economic conditions on purchasing power and market expansion.
How does Honduras 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 |
| 31 | 31 Latvia | 3,895,100 | 2023 | +1.84% | +1.9% | View data |
| 32 | 32 Kenya | 2,757,300 | 2023 | +2.12% | +1.43% | View data |
| 33 | 33 Honduras | 2,591,300 | 2023 | +0.89% | +0.68% | |
| 34 | 34 Montenegro | 1,765,900 | 2023 | +0.49% | -0.043% | View data |
| 35 | 35 Sri Lanka | 1,288,700 | 2023 | -0.039% | -0.81% | View data |
