Baby Product Retailers in China Industry Research Report – Now Available from IBISWorld
Source: PRWeb
In the five years through 2013, revenue for the Baby Product Retailer industry in China has been increasing strongly at an annualized rate of 15.5% to an estimated $52.6 billion in 2013, says IBISWorld. China’s family-planning policy makes the only child of the family more precious, which encourages parents to spend as much as they can on baby rearing.
The Baby Product Retailer industry in China sells a wide range of products for babies from birth to three years old. Baby food and nutrition, clothing, toys, and healthcare products and other daily-use products are included in the industry. In the five years through 2013, industry revenue has been increasing strongly at an annualized rate of 15.5% to an estimated $52.6 billion in 2013, says IBISWorld.
China’s family-planning policy makes the only child of the family more precious, which encourages parents to spend as much as they can on baby rearing. China’s growing economy has also stimulated demand for baby products. Higher living standards have created a stable foundation for medium and high-end baby products, while faster-paced lifestyles have stimulated demand for products that offer convenience, says IBISWorld.
The top three retailers in the industry – Alibaba, Suning, and Goodbaby – account for 15.3% of industry revenue in 2013. IBISWorld expects the industry concentration level to increase gradually as well-established enterprises set up more sales outlets and expand their distribution networks. Also, the rising penetration level of e-commerce will grow the market share of online baby retailers such as Tmall and Redbaby. Lastly, as competition grows within the Baby Product Retailer industry, small or scattered retailers will merge with or be acquired by larger retailers.
For more information, visit IBISWorld’s Baby Product Retailers in China industry report page.
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IBISWorld Industry Report Key Topics
Baby product retailers sell products for babies from birth to three years old, including food, clothing, diapers, cots and toys. Products that specifically target pregnant women and new mothers are not included in the industry.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
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