Global Kids Furniture Market: 2020 – 2026
The Global Kids Furniture Market was valued around at $29 billion in the year 2019, and is projected to reach $xx billion by the year 2026, growing at a CAGR of almost 5% during the forecast period.
The report covers the detailed analysis of the Global Kids Furniture industry with the classifications of the market on the basis of Product, Raw Material, Application, and region. Analysis of past market dynamics from 2016 to 2020 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.
The report has profiled around seventeen key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in the European region.
Global Kids Furniture Market Dynamics
Modernization
Gone are the days, when kids just grew up without actually planning anything about them. But, today’s generation or the Generation Z has a trend of getting everything for their babies before they are actually in the world. Parents today, need everything special for their children, set at one place for convenience and de-cluttering. This rise in preference by today’s generation is likely to raise a huge demand for the specialized kids’ furniture, during the forecast period. Furthermore, the trend of nuclear and job–oriented families could be another reason for driving the growth of the market, due to the feasibility for setting up the furniture whenever the families wish to move from one place to the other.
Environmental Awareness
With the growing trends in today’s generation, people are also becoming more aware of the preservation of the environment surrounding them. The furniture sector is dominant with wood utilization, which is definitely not a sustainable way of life; hence many people avoid making use of such furniture. Therefore this factor could be responsible for restraining the growth of the market, during the forecast period. However, the recent trends for smart furniture equipment and 3D – recycled furniture could help in overcoming the environmental restraints faced by the market, over the forecast period.
For More Information Visit: https://www.maximizemarketresearch.com/market-report/global-kids-furniture-market/87968/
Scope of Global Kids Furniture Market: Inquire before buying
The market is divided into 3 major segments and further into sub-segments to forecast the market size by value.
Global Kids Furniture Market, By Product
• Beds, Cots, & Cribs
• Table & Chair
• Cabinet, Dressers, & Chests
• Others
Global Kids Furniture Market
To Know About The Research Methodology :- Request Free Sample Report
The Segment for Beds, Cots, & Cribs Segment is expected to witness highest market share during the forecast period.
It is expected that the Segment for beds, cots, and cribs is expected to grow and have dominance in the market, during the forecast period. This substantial growth of the segment could be attributed to the popularity of the items, as furniture components. These components are also in huge demand because they are also used by the hospitals for newborn babies, and kids' rooms, in specialized children hospitals.
Global Kids Furniture Market, By Raw Material
• Wood
• Polymer
• Metal
The Wood Material Furniture Segment is expected to Witness Highest market share during the forecast period.
It is expected that the furniture made of wood would register the highest CAGR in the market for kids’ furniture, during the forecast period. This could be basically due to the durability of the material, along with a fact that it requires relatively low maintenance efforts when compared to the other materials. The wood material segment is further segmented into hardwood furniture and softwood furniture.
Global Kids Furniture Market, By Applications
• Commercial
• Household
Global Kids Furniture Market1
Household Applications Segment is expected to register a highest market share, during the forecast period.
The household segment for the kids’ furniture accounted for more than 60% share in the market, in 2019. This dominance could be attributed to the rise in trend for kids’ room furniture by the modern families as well as the new generations, across the globe.
Global Kids Furniture Market, By Region
• North America
• Europe
• Asia-Pacific
• Middle East& Africa
• South America
Europe is expected to Account for the Largest Market Share during the Forecast Period.
In the year 2029, Europe accounted for the highest market share for the Kids Furniture. And it is expected that the region would continue its dominance in the market for Kids Furniture over the forecast period. The substantial growth of the region could be attributed to the presence of various big players in the region, who have maintained their high market status at all the domestic levels. Furthermore, it is expected that the Asia Pacific would also grow at a good CAGR, during the forecast period, owing to the high demand for American-styled kid’s furniture in various countries over the region. Also, a high birth rate in the region could be another reason for driving the market over there.
The objective of the report is to present a comprehensive analysis of the Global Kids Furniture Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Kids Furniture Market dynamics, structure by analyzing the market segments and projects the Global Kids Furniture Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Kids Furniture Market make the report investor’s guide.
Competitive Insights
Key players operating in Global Kids Furniture Market
• Crate and Barrel
• Williams – Sonama Inc.
• Hooker Furniture
• Bassett Furniture Industries
• Lulu & Georgia
• Babyletto
• Blu Dot
• Casa Kids
• Circu
• Wayfair
• Ashley Home Stores
• IKEA
• Sorelle Furniture
• Sumemr Infant
• Disney
• Hello kitty
• Dreamyears
This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your
demand. This report can be personalized to meet your requirements. Get in
touch with us and our sales team will guarantee provide you to get a report that
suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high
growth emerging opportunities & technologies as well as threats to the
companies across the Healthcare, Pharmaceuticals, Electronics &
Communications, Internet of Things, Food and Beverages, Aerospace and
Defense and other manufacturing sectors.
