Global Baby Changing Stations Market to Grow at a CAGR of 3.57% by 2021 – Rising Investments in R&D – Research and Markets

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DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Baby Changing Stations Market 2017-2021”
report to their
offering.

The global baby changing stations market is forecast to grow at a CAGR
of 3.57% during the period 2017-2021.

The report, Global Baby Changing Stations Market 2017-2021, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects
over the coming years. The report also includes a discussion of the key
vendors operating in this market.

One trend in the market is the rising investment in R&D. The market is
witnessing increased expenditure by vendors in R&D. The market is
witnessing many innovative applications and solutions. In addition,
vendors are working to reduce the cost of upgrades and maintenance. The
rapidly changing technology and changes in consumer preferences are
forcing vendors to deliver innovative baby changing stations. These
rising investments have fueled the development of new products, leading
to innovations and patent applications.

According to the report, one driver in the market is the rising number
of births. The number of births is a key demographic factor that
influences the sales potential of baby changing stations. Globally, the
number of births has increased with APAC and ROW posting a CAGR of 0.95%
and 0.94% respectively during 2012-2015. This is primarily because ROW
and APAC are largely comprised of developing countries that have a
substantial share of female population in the age group of 20-40 years.
The number of births in countries in North America is sluggish because
of the increasing number of women being career-oriented and opting to
have children at later ages (over 35-38 years). Moreover, an increasing
number of women in North America are opting for single parenthood,
thereby limiting the number of children raised as a single parent.

Key vendors

  • American Specialties
  • Ecolab
  • Foundations Worldwide
  • GENWEC Washroom Equipment and Company
  • Koala Kare (Bobrick Washroom Equipment)
  • Lovair

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Product segmentation

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/vwkgqq/global_baby

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Related
Topics: Baby
and Child Products