Global Kids’ Furniture Market, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Kids’ Furniture Market” the title of an upcoming market research report by MarketResearch.biz. Data and information on various aspects of the market such as market drivers, restraints, market growth opportunities, revenue opportunities, key market players, recent developments, and recent trends are included in the report. Industry experts have verified findings and results of the research, before we have included the same in the research report. The report is segmented on the basis of product, raw material, application, and regions and countries.
Kids’ furniture refers to furniture designed and manufactured for children of varying age-groups. Kids’ furniture is designed to keep children comfortable at home, and some products are also designed for the children to interact or play with. Also, these items are deployed in hospitals, playhomes, and residential schools. Use of kids’ furniture helps children become more independent and build self-confidence, which is essential for overall development and growth of children. Items under kids’ furniture category includes beds, bookcases, chairs, desks, dressers, furniture sets, mattresses, and sofas.
Increasing spending on playroom, nursery room, and study room décor is among some of the major factors driving growth of the global kids’ furniture market. Parents prefer keeping items such as books, toys, and clothes in one place for convenience. Demand for kids’ furniture has been increasing due to growing sizes of houses and children’s rooms. In addition, popularity of theme-based interior décor, especially for kids’ rooms, has been increasing over the past two decades. This is prevalent in developed as well as developing countries across all regions. Furthermore, increasing inclination of consumers towards adopting 3D furniture is projected to remain a key trend in the market. This trend is also projected to open up revenue opportunities for key players in the global kids’ furniture market. Another factor projected to fuel growth of the market is introduction of compact and multi-functional kids’ furniture. A key factor expected to restrain market growth is rising concern of parents regarding safety related to kids’ furniture. Increasing preference of consumers towards furniture with multi-functionality and more durable materials is projected to further create growth opportunities for key players in the global kids’ furniture market over the forecast period.
Global Kids’ Furniture Market Segment Analysis:
By Product: The bed, cots, and crib segment continues to account for highest revenue share in the global kids’ furniture market among the other product segments, as these items are the most commonly used furniture pieces in kids’ rooms.
By Raw Material: Among the raw material segments, the wood segment is projected to continue to dominate the global kids’ furniture market in terms of revenue share over the forecast period. Hardwood and softwood are both used to produce furniture for kids. Compared to softwood furniture, hardwood furniture is more expensive. Also, hardwood furniture is more durable and requires lower maintenance. Softwood furniture is smooth and lightweight and has better finishing.
By Application: Among the application segments, the household segment is projected to continue to maintain its dominance in the market over the forecast period owing to increasing requirements for various kids’ furniture articles among households.
Global Kids’ Furniture Market Regional Analysis:
Among the regional markets, the market in Europe continues to maintain its dominance in terms of revenue share contribution to the global kids’ furniture market. Traction of kids’ furniture in the region is projected to remain robust, especially in countries such as the UK, Germany, Italy, and France, over the forecast period. The market in Asia Pacific is expected to register fastest revenue growth rate over the forecast period due to increasing demand for American- and English-styled kids’ furniture in various countries in the region.
Global Kids’ Furniture Market Segmentation:
- Beds, Cots, and cribs
- Table and Chair
- Cabinet, Dressers, and Chests
By Raw Material:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Williams-Sonoma Inc.
- Hooker Furniture
- Bassett Furniture Industries
- Lulu and Georgia
- Blu Dot
- Casa Kids
- Crate and Barrel
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