Market Research Report Baby Toys Market in India,Online Baby and Kids Sto | Page 9

May 2017 India Baby Mobility Equipment Market Outlook to FY’2022 VARIOUS SEGMENTS OF INDIA BABY MOBILITY EQUOMENT MARKET SEGMENTATION BY PRODUCTS Prams/strollers and walkers have been biggest contributor to the overall baby mobility equipments market over the period FY’2012-FY’2017. Strollers make it extremely easy for parents to carry their babies wherever they go. Therefore large demand coupled with high average ticket size has enhanced the share of baby strollers in the overall market from ~% in FY’2012 to ~% in FY’2017. Baby walkers have also witnessed significant growth over the period FY’2012-FY’2017. In countries like Canada baby walkers have been banned, however, in India it is an opinion of large number of parents in the country that walkers help their babies learn how to walk at a younger stage. Table: India Baby Mobility Equipment Market Segmentation by Products (Prams/Strollers, Walkers, Ride-Ons and Tri-Cycles) on the basis of Revenue in INR Billion, FY’2012-FY’2017 Revenue in INR Billion, Particulars FY’2017 Prams/Strollers ~ Walkers ~ Ride-Ons ~ Tri-cycles ~ Total ~ SEGMENTATION BY METRO AND NON METRO CITIES Metro cities have accounted for a revenue share of ~% in the market for baby mobility equipments in India during FY’2017. Focus of all the major players in the market has been on metro cities as they generate the biggest demand for baby mobility products due to high per capita income of parents and large baby population. SEGMMENTATION BY ORGANIZED AND UNORGANIZED SECTOR The market for baby mobility equipments in India is largely unorganized. In FY’2017, the unorganized sector has accounted for a share of ~% of the market. However, the share of unorganized sector has been gradually declining as consumer preferences have shifted towards renowned brands in the market as they symbolize those brands with the quality. Despite being price sensitive, consumers have become conscious towards the product quality that they are purchasing for their babies. SEGMENTATION BY MODE OF DISTRIBUTION As of FY’2017, around ~% of the revenue of the baby mobility equipment is generated through retail sales. On the other hand, online sales have accounted for a revenue share of ~% during FY’2017. Within the offline retail segment, Mom and Pop stores have accounted for the highest share of ~% during FY’2017. Table: India Baby Mobility Equipment Market Segmentation by Distribution Channels (Mom and Pop Stores, MBOs, EBOs and Online) on the basis of Revenue in INR Billion, FY’2017 Revenue in INR Particulars Billion, FY’2017 Mom and Pop ~ Stores Online ~ MBOs ~ EBOS ~ Total ~ © Licensed product of Ken Research; should not be copied 9