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Gear sales to rise 43.3% by 2012

By Daphne Garland-McLean -- Kids Today, 3/1/2008

With more technical innovations and increased safety standards, statisticians at New York-based Easy Analytic Software Inc. project robust sales increases for infant gear sales over the next five years. In 2012 they project gear sales will reach $2.32 billion, up from $1.62 billion in 2007, a 43.3% increase.

Of the 18 states expected to exceed the national average, Nevada tops the list with an expected 59.4% sales increase between 2007 and 2012. In all, 10 states in the West, seven in the South and one in the Northeast are projected to grow their infant equipment sales faster than the national average.

Both the South and the West are expected to post 46.2% sales gains in the next five years, but the South continues to be the market share leader because of its larger population. Sales of gear are expected to grow by 39.9% in the Midwest and only 38% in the Northeast.

The metro area with the fastest sales growth projected for the period is Palm Coast, Fla. where gear sales are expected to increase by a whopping 86%. Other metro areas EASI statisticians project to have huge increases in gear sales include St. George, Utah, at 70.9%, The Villages, Fla., at 70%, Pahrump, Nev., at 66.5% and Heber, Utah, at 66.2%.

State 2007 estimated 2012 projected % change
in millions
Alabama 24.8 35.0 41.3%
Alaska 3.7 5.3 44.4%
Arizona 33.0 51.8 57.1%
Arkansas 14.9 21.3 42.8%
California 183.7 263.2 43.2%
Colorado 27.5 40.4 46.9%
Connecticut 19.9 27.7 38.9%
Delaware 4.8 7.0 46.1%
District of Columbia 3.5 4.5 31.1%
Florida 98.8 148.3 50.1%
Georgia 51.0 76.2 49.4%
Hawaii 6.3 9.1 45.2%
Idaho 7.8 11.7 51.0%
Illinois 69.6 97.5 40.1%
Indiana 35.1 49.8 41.8%
Iowa 16.6 23.1 39.8%
Kansas 15.4 21.7 40.5%
Kentucky 23.0 32.5 41.6%
Louisiana 21.8 30.7 40.4%
Maine 7.4 10.3 39.9%
Maryland 31.6 44.8 41.4%
Massachusetts 36.4 49.7 36.5%
Michigan 55.6 76.8 38.1%
Minnesota 29.4 41.8 42.0%
Mississippi 14.6 20.7 41.6%
Missouri 32.2 45.5 41.2%
Montana 5.1 7.3 42.6%
Nebraska 9.8 13.9 41.5%
Nevada 13.8 22.0 59.4%
New Hampshire 7.6 10.8 42.6%
New Jersey 47.7 66.5 39.4%
New Mexico 10.0 14.5 45.6%
New York 101.5 138.5 36.4%
North Carolina 49.5 73.2 47.8%
North Dakota 3.5 4.8 37.1%
Ohio 63.7 87.8 37.8%
Oklahoma 19.2 27.2 41.3%
Oregon 20.4 29.6 45.5%
Pennsylvania 67.6 93.7 38.6%
Rhode Island 5.8 7.9 36.7%
South Carolina 23.4 34.1 45.9%
South Dakota 4.2 5.9 41.5%
Tennessee 33.2 47.8 43.9%
Texas 122.8 183.7 49.7%
Utah 12.6 18.7 49.2%
Vermont 3.5 4.9 38.8%
Virginia 43.5 62.6 43.9%
Washington 36.0 52.6 45.9%
West Virginia 9.6 13.3 37.8%
Wisconsin 31.1 44.0 41.2%
Wyoming 2.9 4.1 42.4%
Total 1,616.3 2,315.6 43.3%
States in bold are expected to exceed the national average in sales growth.
Source: Easy Analytic Software Inc. and Kids Today market research

 

Behind the numbers

Kids Today market research worked with Easy Analytic Software Inc. to develop 2007 sales estimates and 2012 sales projections for U.S. infant gear sales.

2007 sales estimates are based on data available through August 2007 and are subject to revision as additional data become available. Estimates are based on information from the Department of Commerce, the International Trade Commission, the Bureau of the Census, the Department of Justice, the National Center for Education Statistics and the Department of Labor. EASI then used a series of statistical models to develop estimates by metro markets.

Projections for 2012 are designed to forecast the changes that statistically adjust for household income, age by race and sex, group quarter population and births and deaths, along with other forecasting factors. Spending forecasts assume a national rate of inflation that does not vary from one location to another.

Data are given for Core-Based Statistical Areas (CBSA), defined as a geographic entity consisting of the county or counties containing one or more cores (urbanized areas or settlement clusters or both) that together have at least 10,000 population, plus adjacent counties having a high degree of social and economic integration with the core(s) measured through commuting patterns.

Large metros, called Metropolitan Statistical Areas, have at least one urbanized area of 50,000 or more population. Small metros, Micropolitan Statistical Areas, have at least one urban cluster with a population of at least 10,000, but less than 50,000. Both include adjacent territory that has a high degree of social and economic integration with the core measured by commuting ties. The designations are mandated by the Office of Management and Budget.

Want More?

Sister publication Furniture/Today and Easy Analytic Software have also prepared sales estimates and projections for individual product categories in a series of Product Potential Reports.

Each Product Potential Report gives estimated 2007 sales and projected 2012 sales figures for each specific product for 934 metropolitan areas. Each report also provides state-level data for the product.

Reports can be ordered online at www.kidstodayonline.com, click on Research.

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