U.S. Baby Stroller Market Insights Report 2024-2029: Lightweight Stroller Segment Dominates the Market, with the Largest Share at over 43% in 2023 - A $1.8 Billion Market by 2029 [Yahoo! F...
Newell Brands Inc. (NWL)
Last newell brands inc. earnings: 5/1 07:30 am
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Source: Yahoo! Finance
The U.S. Baby Stroller Market was valued at USD 1.55 billion in 2023, and is expected to reach USD 1.8 billion by 2029, rising at a CAGR of 2.52%. The lightweight stroller segment dominates the market, with the largest share at over 43% in the U.S. baby stroller market in 2023. The birthrate in the U.S. was around 12 per 1,000 people in 2023, increasing by 0.09% from 2022. Thus, it drives the demand for baby strollers in the U.S. during the forecast period. The single-seat stroller segment showcases significant growth, with the fastest-growing CAGR during the forecast period. They dominate the U.S. baby stroller market in terms of seat type. They offer features such as reclining seats, adjustable handlebars, and convertibility. The increasing disposable income, rising birth rates, and the rising preference for convenient baby strollers are the growth factors for the sale of single strollers. The offline distribution segment holds the largest U.S. baby stroller market share in 2
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NWL
Earnings
- 4/26/24 - Beat
NWL
Sec Filings
- 6/4/24 - Form 4
- 6/3/24 - Form 3/A
- 6/3/24 - Form EFFECT
- NWL's page on the SEC website