The international market of Babybjorn Essay Example for Free

The planetary market of Babybjorn EssayIn this session, I lead briefly analyze the planetary market of Babybjorn.To begin with, I am gonna show you the raw material financial situation of Babybjorns international markets. According to Babybjorns financial report 2013, the biggest markets are Europe and North America, while Asia enjoys the fastest growth. other areas also show noble growth rate, despite smaller market share.Then I will test the market growth situation of baby-specific products. The first table is illustrating market size, while the second is on market growth. According to the tables, Western Europe, Asia, Latin America and North America have relatively orotund market size, among which Latin America and Asia witness the rapidest compound annual growth rate.Furthermore, according to Interconnection consulting, Babybjorn is henpecked with baby carriers. For instance, in the US, Babybjorn owns about 30 percent of the baby carrier market. Therefore, it is appro priate to suppose Babybjorn enjoys high market share within this specific market.So, when considering all the information above into the BCG Matrix, we achieve a basic classification of the international markets. Asia is the star region, while Europe and North America are the cash frighten area. Latin America, Australasia, Middle East and Africa are still question Marks with potential.ReferencesEuromonitor International, 2014. Beauty and Personal guardianship Euromonitor from trade sources national statistics online Available through University of St Andrews Library Accessed 24 October 2014.Interconnection Consulting, 2011. Baby Products food market get Well from Global Economic Meltdown. online Available atAccessed 24 October 2014.Jakobson, 2013. Babybjorn AB Arsredovisning 2012-2013, Babybjorn AB Org. nr.Tiwari, R., 2014. Global Market for Stroller, Childrens Car Safety Seat Cribs (Durable Juvenile Products) Forecast to 2018. online Available at Accessed 24 October 2014.