Children’s Furniture Market Share, Size & Growth 2031
Children’s Furniture Market Share, Size & Growth 2031
Segments - Children’s Furniture Market by Types (Bed, Tables and Chairs, and Others), Applications (0-4 years, 5-12 years, and 12-18 years) and Regions (Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :CG-621
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Report Description
Children’s Furniture Market Outlook 2031
The global children’s furniture market size was USD 29.66 Billion in 2022 and is estimated to reach USD 48.43 Billion by 2031 expand at a considerable CAGR 5.6% during the forecast period, 2023–2031. The growth of the market is attributed to the surge driven by increased expenditure on the nursery, playroom, and study room décor.
Kids' furniture is made and created specifically for children of varying ages to offer them comfort in a variety of settings. This style of furniture may be utilized in a variety of settings, including households, hospitals, playschools, and residential schools. Kids' furniture may also be seen as instruments that help youngsters gain self-confidence and independence, which improves their physical and mental development. Chairs, beds, dressers, bookshelves, and other items are examples of children's furniture.
The demand for children's furniture is predicted to rise as real estate prices rise in tandem with rising buying power. There is a surge in demand for furniture that can store clothing, books, toys, and other items in a space-saving manner. In light of this, the worldwide kid's furniture market is expected to rise at a CAGR of 4.1% in the coming years. During the projected period, the growing population and urbanization in emerging nations are likely to provide profitable possibilities for makers of children's furniture.
Due to the coronavirus, manufacturing and selling enterprises dealing with children's furniture are experiencing production challenges as factories are shut down and the supply chain is completely affected. Companies are also experiencing difficulties with raw material availability, as well as a scarcity of employees and resources, as a result of the coronavirus outbreak, which has hindered worldwide market growth.
Children’s Furniture Market Trends, Drivers, Restraints, and Opportunities
- Increasing consumer preferences for furniture with sturdy materials, multifunctionality, and vivid colors are estimated to spur the market during the forecast period.
- The rising purchasing power of parents for the children’s furniture is projected to boost the market expansion.
- R&D investment and technological advancements such as solid ash wood and 3D mesh fabric are anticipated to create lucrative opportunities for the market players.
Scope of the Children’s Furniture Market Report
The report on the global children’s furniture market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Children’s Furniture Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (Bed, Tables and Chairs, and Others) and Applications (0-4 years, 5-12 years, and 12-18 years) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Ashley Furniture Home Store, Berkshire Hathaway, IKEA, Rooms to Go, Williams-Sonoma, Amazon, American Signature, ATG Stores, Cabela's, Costco Wholesale, Ethan Allen Global, Haverty Furniture, and Herman Miller |
Children’s Furniture Market Segment Insights
The tables and chairs segment are projected to account for a major market share
In terms of types, the global children’s furniture market is bifurcated into bed, tables and chairs, and others. The tables and chairs segment are expected to constitute a key share of the market during the forecast period owing to migration to metropolitan regions and metro cities in various emerging nations is resulting in the development of small flats.
On the other hand, the bed segment is anticipated to expand at a rapid pace during the forecast period due to the rise in customers' disposable and improvement in their standard of living through better-furnished beds.
0-4 years segment is expected to grow at a robust pace
Based on applications, the global children’s furniture market is divided into 0-4 years, 5-12 years, and 12-18 years. The 0-4 years segment is expected to hold a key share of the market during the forecast period due to trending designer furniture for small children, especially in this pandemic. On the other hand, the other segments are anticipated to expand at a substantial CAGR.
Europe is expected to dominate the market
On the basis of regions, the global children’s furniture market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Europe is anticipated to expand at an impressive or healthy CAGR during the forecast period. European households, which account for more than 35% of the global market share, have a significant impact on global market dynamics.
East Asia and North America come in second and third, respectively, accounting for more than two-fifths of the market. South Asia is another location worth mentioning, as countries like India are cultivating individual home economies with enormous future potential. E-Commerce behemoths have been drawn to the Asia Pacific by lucrative potential, with plans to capitalize on the expanding online buying trend.
India, for example, is one of Asia Pacific's most powerful economies. E-Commerce platforms such as Pepperfry are positive on the kid’s furniture market, owing to a growth in the number of online buyers in India.
Segments
The global children’s furniture market has been segmented on the basis of
Types
- Bed
- Tables and Chairs
- Others
Applications
- 0-4 years
- 5-12 years
- 12-18 years
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Ashley Furniture Home Store
- Berkshire Hathaway
- IKEA
- Rooms to Go
- Williams-Sonoma
- Amazon
- American Signature
- ATG Stores
- Cabela's
- Costco Wholesale
- Ethan Allen Global
- Haverty Furniture
- Herman Miller
Competitive Landscape
Key players competing in the global children’s furniture market include Ashley Furniture Home Store, Berkshire Hathaway, IKEA, Rooms to Go, Williams-Sonoma, Amazon, American Signature, ATG Stores, Cabela's, Costco Wholesale, Ethan Allen Global, Haverty Furniture, and Herman Miller.
Ashley Furniture Industries is growing its furniture market in the United States and internationally. There are around 19 production facilities owned by the corporation (China and Vietnam). Barnes Furniture Inc. opened its 1,000th shop in Delaware, the United States, in October of this year. The business is concentrating on growing its consumer base in both retail and online sectors.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Children’s Furniture Market Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Children’s Furniture Market Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Children’s Furniture Market Market - Supply Chain
4.5. Global Children’s Furniture Market Market Forecast
4.5.1. Children’s Furniture Market Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Children’s Furniture Market Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Children’s Furniture Market Market Absolute $ Opportunity
5. Global Children’s Furniture Market Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Children’s Furniture Market Market Size and Volume Forecast by Types
5.3.1. Bed
5.3.2. Tables and Chairs
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Children’s Furniture Market Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Children’s Furniture Market Market Size and Volume Forecast by Applications
6.3.1. 0-4 years
6.3.2. 5-12 years
6.3.3. 12-18 years
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Children’s Furniture Market Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Children’s Furniture Market Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Children’s Furniture Market Demand Share Forecast, 2019-2026
8. North America Children’s Furniture Market Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Children’s Furniture Market Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Children’s Furniture Market Market Size and Volume Forecast by Types
8.4.1. Bed
8.4.2. Tables and Chairs
8.4.3. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Children’s Furniture Market Market Size and Volume Forecast by Applications
8.7.1. 0-4 years
8.7.2. 5-12 years
8.7.3. 12-18 years
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Children’s Furniture Market Demand Share Forecast, 2019-2026
9. Latin America Children’s Furniture Market Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Children’s Furniture Market Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Children’s Furniture Market Market Size and Volume Forecast by Types
9.4.1. Bed
9.4.2. Tables and Chairs
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Children’s Furniture Market Market Size and Volume Forecast by Applications
9.7.1. 0-4 years
9.7.2. 5-12 years
9.7.3. 12-18 years
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Children’s Furniture Market Demand Share Forecast, 2019-2026
10. Europe Children’s Furniture Market Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Children’s Furniture Market Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Children’s Furniture Market Market Size and Volume Forecast by Types
10.4.1. Bed
10.4.2. Tables and Chairs
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Children’s Furniture Market Market Size and Volume Forecast by Applications
10.7.1. 0-4 years
10.7.2. 5-12 years
10.7.3. 12-18 years
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Children’s Furniture Market Demand Share Forecast, 2019-2026
11. Asia Pacific Children’s Furniture Market Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Children’s Furniture Market Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Children’s Furniture Market Market Size and Volume Forecast by Types
11.4.1. Bed
11.4.2. Tables and Chairs
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Children’s Furniture Market Market Size and Volume Forecast by Applications
11.7.1. 0-4 years
11.7.2. 5-12 years
11.7.3. 12-18 years
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Children’s Furniture Market Demand Share Forecast, 2019-2026
12. Middle East & Africa Children’s Furniture Market Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Children’s Furniture Market Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Children’s Furniture Market Market Size and Volume Forecast by Types
12.4.1. Bed
12.4.2. Tables and Chairs
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Children’s Furniture Market Market Size and Volume Forecast by Applications
12.7.1. 0-4 years
12.7.2. 5-12 years
12.7.3. 12-18 years
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Children’s Furniture Market Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Children’s Furniture Market Market: Market Share Analysis
13.2. Children’s Furniture Market Distributors and Customers
13.3. Children’s Furniture Market Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Ashley Furniture Home Store
13.4.2. Berkshire Hathaway
13.4.3. IKEA
13.4.4. Rooms to Go
13.4.5. Williams-Sonoma
13.4.6. Amazon
Methodology
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