HS Code:
The Toddler beds, bassinets, and cradles category falls under HS Code 9403.50, which includes wooden furniture for bedroom use, often encompassing products designed specifically for infants and young children. These products are essential household items for families with young children, providing safe and comfortable sleeping environments. This category is influenced by factors such as birth rates, consumer safety standards, and design trends favoring eco-friendly and multifunctional furniture. Global trade in this category is driven by manufacturing hubs in Asia and demand from developed markets in North America and Europe.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 450 million
37.5% of total trade
Increasing
USD 200 million
16.7% of total trade
Increasing
USD 150 million
12.5% of total trade
Stable
USD 100 million
8.3% of total trade
Increasing
USD 80 million
6.7% of total trade
Stable
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for eco-friendly materials
Increased preference for sustainable wood and non-toxic finishes, pushing manufacturers to adopt green certifications, which raises production costs but attracts premium pricing in Western markets.
2021-2023
Growth in multifunctional designs
Convertible cribs and beds that adapt to a childโs growth are gaining popularity, driving innovation in product design and increasing market share for versatile furniture.
2020-2022
E-commerce expansion
Online sales platforms have boosted accessibility, especially post-COVID-19, leading to higher export volumes for countries with strong logistics networks like China and Vietnam.
2020-2023
The European Union introduced updated safety regulations under EN 716, mandating stricter testing for bassinets and cradles to prevent entrapment and suffocation risks.
March 2023
Exporters to the EU must comply with these standards, potentially increasing production costs but ensuring higher consumer trust and market access.
The United States imposed additional tariffs on Chinese-made toddler beds under Section 301, citing unfair trade practices, while encouraging diversification of supply chains to countries like Vietnam.
September 2022
Shift in import patterns, with US buyers increasingly sourcing from Southeast Asian countries, affecting Chinaโs dominance in the market.
Major retailers in North America and Europe are prioritizing products with Forest Stewardship Council (FSC) certification, pushing manufacturers to adopt sustainable practices.
January 2023
Increased production costs for uncertified manufacturers, but long-term benefits for those aligning with sustainability trends, enhancing competitiveness in premium markets.