Market Overview:
The global convertible crib market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for baby furniture and the growing trend of multi-functional furniture. In addition, the increasing disposable income of consumers is also contributing to the growth of this market. The convertible crib market can be segmented on the basis of type into 4-in-1 cribs, 3-in-1 cribs, and 5-in-1 cribs. The 4-in 1 crib segment is expected to dominate this market during the forecast period owing to its high demand from parents who want a versatile piece of furniture that can be used for different purposes as their child grows up. On the basis of application, this market can be divided into specialty baby product stores, traditional furniture stores, ecommerce retailers, and others (including departmental stores and mom & pop stores).
Product Definition:
A convertible crib is a crib that can be converted into a toddler bed or even a full-sized bed. This is important because it means the crib can grow with your child, and you won't have to buy another piece of furniture as they get older.
4-in-1 Crib:
4-in-1 cribs are also known as convertible cribs. They can be converted into a toddler bed, day bed, full-sized bed and then back to a crib when your child gets older. The 4 in 1 convertible crib has four different height adjustments so that it is comfortable for babies of all ages. It also features four different mattress settings so that the baby can sleep with more or less support and comfort based on their age and needs.
3-in-1 Crib:
3-in-1 cribs are also known as convertible cribs. They can be used in three different sleeping positions - back, side, and forth. These products have become very popular among parents who want to use the least possible number of beds for their children. Some 3-in-1 cribs can convert into a toddler bed or a day bed too.
Application Insights:
The specialty baby product stores segment led the global convertible crib market in 2017. This is attributed to increasing demand for innovative products that meet the needs of parents. Specialty baby product stores offer a wide range of products, including nursery furniture, bedding sets, decorative accessories and more. The availability of different types of beds in these stores caters to varied requirements from new parents. Additionally, these specialty baby product stores provide personalized service according to specific requirements set by customers during their visits.
Convertible cribs are available at affordable prices on online retailers which makes them easily accessible even without prior knowledge about such devices or gadgets being sold over the internet or offline retail spaces where consumers can browse through various options.
Regional Analysis:
North America was the largest market for convertibles in 2016, accounting for more than 35.0% of the global market. The region is expected to maintain its dominance over the forecast period owing to high birth rates and changing lifestyles of consumers in countries, such as U.S., Canada, and Mexico that have made them prefer baby products with enhanced portability features at a relatively lower price range as compared to other advanced countries in Europe and Asia Pacific regions.
Asia Pacific is anticipated to be one of the fastest-growing markets from 2017 to 2030 due bothto increasing birth rates coupled with rising disposable incomes among middle-class income groups across emerging economies including China, India, Bangladesh & Sri Lanka (BCD), Indonesia & Malaysia (IMD). These factors are expected favorably impact overall industry growth over next eight years or so until 2030 when Asia Pacific Convertible Crib Market will surpass North America's size by nearly 22%.
Growth Factors:
- Increasing demand for convertible cribs from parents due to their multipurpose functionality
- Rising popularity of convertible cribs as they can be used for a longer period of time as compared to traditional cribs
- Growing demand for eco-friendly and sustainable convertible cribs
- Increasing number of online retailers offering a wide range of convertible cribs at competitive prices
- Proliferation of baby furniture stores that offer a variety of convertible crib models and brands
Scope Of The Report
Report Attributes
Report Details
Report Title
Convertible Crib Market Research Report
By Type
4-in-1 Crib, 3-in-1 Crib, 5-in-1 Crib
By Application
Specialty Baby Product Stores, Traditional Furniture Stores, E-Retailers, Others
By Companies
Hudson Global, Graco, DaVinci Baby, West Elm, Babyletto, Delta Enterprise
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Convertible Crib Market Report Segments:
The global Convertible Crib market is segmented on the basis of:
Types
4-in-1 Crib, 3-in-1 Crib, 5-in-1 Crib
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Specialty Baby Product Stores, Traditional Furniture Stores, E-Retailers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hudson Global
- Graco
- DaVinci Baby
- West Elm
- Babyletto
- Delta Enterprise
Highlights of The Convertible Crib Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 4-in-1 Crib
- 3-in-1 Crib
- 5-in-1 Crib
- By Application:
- Specialty Baby Product Stores
- Traditional Furniture Stores
- E-Retailers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Convertible Crib Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A convertible crib is a type of crib that can be converted into a toddler bed. This allows you to use the crib for an additional child later on, without having to buy another one.
Some of the major players in the convertible crib market are Hudson Global, Graco, DaVinci Baby, West Elm, Babyletto, Delta Enterprise.
The convertible crib market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Convertible Crib Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Convertible Crib Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Convertible Crib Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Convertible Crib Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Convertible Crib Market Size & Forecast, 2018-2028
4.5.1 Convertible Crib Market Size and Y-o-Y Growth
4.5.2 Convertible Crib Market Absolute $ Opportunity
Chapter 5 Global Convertible Crib Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Convertible Crib Market Size Forecast by Type
5.2.1 4-in-1 Crib
5.2.2 3-in-1 Crib
5.2.3 5-in-1 Crib
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Convertible Crib Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Convertible Crib Market Size Forecast by Applications
6.2.1 Specialty Baby Product Stores
6.2.2 Traditional Furniture Stores
6.2.3 E-Retailers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Convertible Crib Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Convertible Crib Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Convertible Crib Analysis and Forecast
9.1 Introduction
9.2 North America Convertible Crib Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Convertible Crib Market Size Forecast by Type
9.6.1 4-in-1 Crib
9.6.2 3-in-1 Crib
9.6.3 5-in-1 Crib
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Convertible Crib Market Size Forecast by Applications
9.10.1 Specialty Baby Product Stores
9.10.2 Traditional Furniture Stores
9.10.3 E-Retailers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Convertible Crib Analysis and Forecast
10.1 Introduction
10.2 Europe Convertible Crib Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Convertible Crib Market Size Forecast by Type
10.6.1 4-in-1 Crib
10.6.2 3-in-1 Crib
10.6.3 5-in-1 Crib
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Convertible Crib Market Size Forecast by Applications
10.10.1 Specialty Baby Product Stores
10.10.2 Traditional Furniture Stores
10.10.3 E-Retailers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Convertible Crib Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Convertible Crib Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Convertible Crib Market Size Forecast by Type
11.6.1 4-in-1 Crib
11.6.2 3-in-1 Crib
11.6.3 5-in-1 Crib
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Convertible Crib Market Size Forecast by Applications
11.10.1 Specialty Baby Product Stores
11.10.2 Traditional Furniture Stores
11.10.3 E-Retailers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Convertible Crib Analysis and Forecast
12.1 Introduction
12.2 Latin America Convertible Crib Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Convertible Crib Market Size Forecast by Type
12.6.1 4-in-1 Crib
12.6.2 3-in-1 Crib
12.6.3 5-in-1 Crib
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Convertible Crib Market Size Forecast by Applications
12.10.1 Specialty Baby Product Stores
12.10.2 Traditional Furniture Stores
12.10.3 E-Retailers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Convertible Crib Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Convertible Crib Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Convertible Crib Market Size Forecast by Type
13.6.1 4-in-1 Crib
13.6.2 3-in-1 Crib
13.6.3 5-in-1 Crib
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Convertible Crib Market Size Forecast by Applications
13.10.1 Specialty Baby Product Stores
13.10.2 Traditional Furniture Stores
13.10.3 E-Retailers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Convertible Crib Market: Competitive Dashboard
14.2 Global Convertible Crib Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hudson Global
14.3.2 Graco
14.3.3 DaVinci Baby
14.3.4 West Elm
14.3.5 Babyletto
14.3.6 Delta Enterprise
