Overview and Scope
Kid’s furniture is any fixed or moveable furniture designed with children’s anatomical dimensions and ergonomic requirements in mind. These pieces of furniture encourage excellent posture and allows kids to sit comfortably.
Sizing and Forecast
The kids furniture market size has grown rapidly in recent years. It will grow from $55.34 billion in 2023 to $66.32 billion in 2024 at a compound annual growth rate (CAGR) of 19.8%. The growth in the historic period can be attributed to population growth and demographics, changing consumer lifestyles, urbanization, influence of media and trends, safety standards and regulations, e-commerce growth.
The kids furniture market size is expected to see rapid growth in the next few years. It will grow to $128.11 billion in 2028 at a compound annual growth rate (CAGR) of 17.9%. The growth in the forecast period can be attributed to smart and interactive furniture, focus on ergonomics, parental emphasis on learning furniture, globalization of design, rise in single-child families. Major trends in the forecast period include virtual and augmented reality shopping, collaborations with popular brands, subscription-based models, smart storage solutions, licensed and themed furniture, personalized and customizable option.
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Segmentation & Regional Insights
The kids furniture market covered in this report is segmented –
1) By Product: Beds, Cots and Cribs, Table and Chair, Cabinets, Dressers and Chests, Mattresses, Other Products
2) By Material: Wood, Polymer, Metal
3) By Distribution Channel: Online, Offline
4) By Application: Residential, Commercial
North America was the largest region in the kids furniture market in 2023. The regions covered in the kids furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increase in the children population is expected to propel the growth of the kid’s furniture market going forward. Children population refers to the number of individuals who are below a certain age threshold, typically defined as anyone under the age of 18. A larger population of children generally means an increase in demand for furniture designed specifically for children, such as beds, dressers, and desks. This increased demand can create a larger market for companies that specialize in kid’s furniture, leading to higher sales and profits. For instance, in 2021, according to Centers for Disease Control and Prevention, a US-based Government agency, the United States claimed 3,659,289 birth in 2021, an increase of 1% from 3,613,647, which showcases the numbers of birth in 2020. Therefore, the rise in the children population is driving the growth of the kid’s furniture market.
Key Industry Players
Major companies operating in the kids furniture market report are Williams-Sonoma Inc., Wayfair Inc., Blu Dot Inc., KidKraft Inc., Sorelle Furniture LLC, Circu Magical Furniture Inc., Crate and Barrel Holdings Inc., Casa Kids LLC, IKEA Group, Billion Dollar Baby Co. LLC, First Cry Retail Services Private Limited, Ashley Furniture Industries Inc., Legare Furniture Group LLC, Summer Infant Inc., Cello Group Holdings Limited, Berkshire Hathaway Inc., Rooms to Go Inc., Bambizi LLC, Gigi Brooks Interiors Inc., Lulu & Georgia Inc., Babyletto Inc., Disney Consumer Products Games and Publishing Inc., Sanrio Inc., Dreamyears Inc., Dream On Me Inc., Milliard Bedding LLC, Bombay Dyeing & Manufacturing Company Limited, Delta Children Inc., Storkcraft Manufacturing Inc., Graco Children’s Products Inc.
The kids furniture market report table of contents includes:
1. Executive Summary
2. Kids Furniture Market Characteristics
3. Kids Furniture Market Trends And Strategies
4. Kids Furniture Market – Macro Economic Scenario
5. Global Kids Furniture Market Size and Growth
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31. Global Kids Furniture Market Competitive Benchmarking
32. Global Kids Furniture Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Kids Furniture Market
34. Kids Furniture Market Future Outlook and Potential Analysis
35. Appendix
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