Absolute Market Insights recent analysis of the Online Parenting Market finds that the increasing demand from the companies and government authorities launching new products is expected to witness maximum growth in the Online Parenting during the forecast period. The global Market revenue stood at a value USD 6,671.87 Mn in the year 2021.
Market Synopsis
The online parenting services provide various articles on pregnancy advice, baby shower ideas, food & healthcare of babies, baby names, and more for the parents’ convenience and knowledge. Moreover, these companies also allow parents to book different services such as nutritionists, gynecologists, photography and event managers, day-care and photoshoots amongst others. Parents can also connect with other people and even receive parenting tips from experts on this platform.
Online Parenting on the basis of different parameters, such as forward/backward integration, economies of scale, the share of various distribution channels, various factors affecting consumer behaviour such as brand loyalty, price, and product availability among others, capital investments, regulatory landscape, production rights and patents, promotional strategies, and other customer preferences. This data is likely to help the industry stakeholders and stimulate the decision-making process.
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Key Insights & Findings from the Report:
- According to our primary respondents’ research, the Online Parenting Market is predicted to grow at a CAGR of roughly14.56% during the forecast period.
- The Online Parenting Market was estimated to be worth roughly 6,671.87 Mn in 2021 and is expected to grow by 2028; based on primary research.
- On the basis of region, Online Parenting Market is projected to dominate worldwide.
Market Dynamics:
Industry Analysis:
The report covers exhaustive analysis on the global Online Parenting Market. Industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. It includes an extensive competitive landscape covering key players in the industry and their comparative study on the basis of different parameters such as company overview, product portfolio, market revenue, business, and marketing strategies. Moreover, the report covers a thorough analysis drivers, restraints, and opportunities considering regional growth factors, technological advancements, and availability of substitute, regulatory norms, and such other growth impacting factors.
Drivers:
Globally, online education on parenting is a new trend. Parents are more inclined towards such facilities to ensure the wellbeing of their toddler. Therefore, the number of investors is likely to increase tremendously in the forthcoming years..The increasing infant population is driving the online parenting market growth in several developed as well as developing economies.
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COVID-19 Impact Analysis:
The COVID-19 outbreak has affected various industries worldwide. Governments worldwide implemented strict lockdown measures and social distancing norms to restrict the swift spread of the pandemic. Manufacturing facilities worldwide were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pervasive might lead to a significant delay in the commercial roll-out of the packaging industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:
- Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Long Term Dynamics
- Short Term Dynamics
- Impact Assessment of COVID-19 Pandemic
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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The Report on Online Parenting Market Highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Historical Data, Estimates, and Forecast
- Company Profiles
- Global and Regional Dynamics
Regional Analysis:
North America accounted for a prominent share of the global online parenting market in 2021. The increasing population, rising number of working women, increasing concerns regarding child health and wellbeing, rising household income, and presence of several key players in the region are factors boosting the growth of North America.
List of Prominent Players in Online Parenting:
- Alpha Mom
- AppClose
- BabyCenter
- Blub Blub Inc.
- Bundoo
- Cozi
- Kinedu
- Peanut
- Primary Kids
- Qeepsake
- Seacloud Software
- Winnie
- Other Market Participants
Key questions answered in the report:
- Which regional market will show the highest and rapid growth?
- Which are the top five players of the Online Parenting?
- How will the Online Parenting change in the upcoming six years?
- Which application and product will take a lion’s share of the Online Parenting?
- What is the Online Parenting drivers and restrictions?
- What will be the CAGR and size of the Online Parenting throughout the forecast period?
This market titled Online Parenting will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:
Market Size Provided for Years – 2016-2028
Base Year – 2021
Historic Years – 2016-2020
Forecast Years – 2022-2028
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Segments Covered
- Platform
- Web-based,
- App-based
- Application
- Pregnancy Tracking,
- Memory Management and Family Planning,
- Baby Clothing,
- Networking,
- Child Development,
- Others
- Age Group
- Less than 5 years old,
- From 5-9 years old,
- From 10-14 years old,
- From 15-18 years old
Region & Counties Covered
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Report Coverage
- Market growth drivers
- restraints, opportunities
- Porter’s five forces analysis
- PEST analysis
- Value chain analysis
- Regulatory landscape
- Technology landscape
- Patent analysis
- Market attractiveness analysis by segments and Regional
- Company market share analysis
- COVID-19 impact analysis
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