Global Kids Furniture Market size is expected to expand at a decent CAGR between 2023 and 2032. Rapid population growth in Asia Pacific is among the key factors propelling the demand for kids furniture during the projection period. The region has a strong presence of industry players such as FirstCry, and others focusing on introducing product innovations in the field. High disposable income, backed by the growing working population has also increased consumer spending on kids' furniture in the region, favoring market dynamics in the long run.
The overall kids furniture market is categorized on the basis of material, product, age group, distribution channel, and region.
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In terms of material, the market is divided into metal, wood, plastic, and others. The Kids furniture industry from the metal segment will garner sizeable revenue through 2032. The high availability of a wide range of aesthetic metal furniture with modern and contemporary designs that complements home decor is contributing to segment growth. Moreover, metal furniture can provide a minimalist look to kids' playrooms and bedrooms, , which may propel product sales over the coming years.
Based on product, the industry is classified into tables & chairs, wardrobes, beds, cradles & cribs, chests of drawers, and others. Kids wardrobe market share will grow at over 8% CAGR from 2023 to 2032. The high compactness of kids wardrobes makes them a great space-saving option in smaller homes. Moreover, the availability of a wide range of wardrobes in various sizes and configurations helps parents choose the one that fits their available space, thus, driving their demand.
With respect to the distribution channel, the market is categorized into online retail, specialty stores, hypermarkets & supermarkets, and others. Kids furniture market share from hypermarkets & supermarkets segment is poised to grow at a notable CAGR from 2023 to 2032. High convenience in these stores makes them a preferred destination for buying kids furniture. Additionally, these stores offer a wide range of products at discounted rates, making them suitable for a large population.
From the regional perspective, Europe kids furniture industry size will be more than USD 27 billion by 2032. Rising concern for environmental sustainability has increased the demand for eco-friendly kids furniture in the region. Growing disposable income has further increased consumer spending on kids furniture. The robust presence of market players such as Circu Magical Furniture who are focusing on product innovations is further contributing to regional expansion.
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Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid Sources
1.4.2.2 Public Sources
Chapter 2 Executive Summary
2.1 Kids furniture market 3600 synopsis, 2022 –2032
2.1.1 Business Trends
2.1.2 Material trends
2.1.3 Core Phase trends
2.1.4 Age group trends
2.1.5 Distribution channel trends
2.1.6 Regional trends
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