The global baby changing station market is anticipated to grow at a considerable CAGR of 3.8% during the forecast period (2022-2028). Baby changing station are the services installed at several places including airports, malls, theaters, and others to help parents easily change the baby’s diaper without getting worried. The major factor attributing to the growth of the global baby changing station market is the increasing installation of baby changing station in airports due to the increasing number of air travel passengers across the globe. According to yearly worldwide statistics by the International Civil Aviation Organization (ICAO), the number of air passengers carried by scheduled flights was around 4.38 billion across the globe in 2019 representing an increase of around 3.65% from the previous year. Additionally, according to the International Air transport Association (IATA), it is projected that the number of air passengers will get doubled and reach around 8.2 billion by the year 2037. Thus, increasing the use of baby changing station at the airport.
The use of baby changing station is also increasing due to the increasing number of births every year. According to the World Counts, around 140 million babies are born every year across the globe. Among these, Asia accounts for a major share of total births with around 25 million births in India, and 16 million births in China every year. Furthermore, the use of baby changing station is also increasing in movie theaters due to increasing interest in movies. According to the statistics provided by The Numbers in 2022, the total number of movie tickets sold in the US in 2022 is around 728 million tickets. The estimated total box office collection of all movies is around $6.67 billion in the US in 2022. Thus, propelling the growth of the global baby changing station market.
Some major players in the market include Bobrick Washroom Equipment Inc., GENWEC Washroom Equipment & Co., Ecolab Inc., Mediclinics SA, and American Specialities Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in November 2020, Bbrick Washroom Equipment Inc. made changes to its corporate leadership. Mark Louchheim former president will serve as chairman and CEO, and Matthew Louchheim, the former vice president will continue the role of president.
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Competitive Landscape-
Bobrick Washroom Equipment Inc., GENWEC Washroom Equipment & Co., Ecolab Inc., Mediclinics SA, American Specialities Inc., among others.
By Type
- Steel Changing Station
- Plastic Changing Station
By Application
- Shopping Malls
- Movie Theaters
- Airports
- Other Public Places
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Scope of the Report
The research study analyzes the Global Baby Changing Station industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Baby Changing Station Market Report
1. What was the Global Baby Changing Station Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Baby Changing Station Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Baby Changing Station Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Baby Changing Station market.
- The market share of the Global Baby Changing Station market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Baby Changing Station market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Baby Changing Station market.
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