Global Kids Furniture Market to Grow with a CAGR of 13.83% through 2031F

Rise in focus of parents on creating a better and more efficient space and convenience for their children are factors driving the global kids storage furniture market in the forecast period 2021-2031F.

According to the TechSci Research report, “Global Kids Furniture Market– Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2021-2031F” The Global Kids Storage Furniture Market will grow from USD 11.78 Billion in 2025 to USD 25.63 Billion by 2031 at a 13.83% CAGR. Characterized by its unique design requirements, safety considerations, and changing consumer preferences, the market for children's furniture has experienced significant growth over the years. This comprehensive analysis delves into the various facets of the global kids' furniture market, including its current trends, market drivers, challenges, competitive landscape, and future prospects.

The kids' furniture market encompasses a wide range of products designed specifically for children, including cribs, beds, dressers, desks, chairs, storage units, and playroom furniture. The market's growth is influenced by factors such as rising disposable income, changing lifestyles, urbanization, and increasing awareness of child safety and ergonomics.

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As economies grow and disposable incomes increase, parents are more willing to invest in higher quality and aesthetically pleasing furniture for their children. Urbanization has led to smaller living spaces and nuclear families, driving the demand for space-saving and multifunctional kids' furniture. Parents' growing concern for child safety has led to a focus on furniture designs that incorporate safety features, non-toxic materials, and rounded edges. Media, including movies, TV shows, and online platforms, play a role in shaping children's preferences for themed furniture based on their favorite characters and stories. An increasing emphasis on early childhood education has boosted the demand for furniture that supports learning and creativity.

The global kids' furniture market is poised for steady growth. As consumers prioritize quality, safety, and environmental sustainability, manufacturers will need to invest in innovative designs, materials, and manufacturing processes. The integration of technology, such as smart furniture, is likely to gain further prominence, enhancing the educational and entertainment value of children's furniture. Customization and flexibility will remain crucial to cater to diverse consumer needs. The market will also witness continued regional variations in design preferences and consumer behavior.

The structure of families has evolved, with more nuclear and single-parent households. Smaller family units often translate to higher per-child spending, as parents focus on providing the best possible upbringing for their children, which includes investing in quality furniture that supports their growth and development.

The global Kids Furniture market is segmented based on furniture type, material, sales channel, and region.

Based on type, with the largest market share in 2022, the bookshelves category led the sector. Classrooms, libraries, labs, learning areas, offices, and cafeterias all have bookcases that are designed to safely store textbooks and instructional materials. Each thing has a designated place as a result. Shelves are typically utilized in classes with a large number of students.

On the basis of materials, the global industry has been further divided into wood, metal, and plastic. The wood material segment, which had the biggest market share in 2022, topped the sector. Typically, consumer preferences vary based on the type of furniture. Wood among these materials has a few benefits. This market will develop as modern furniture becomes more and more fashionable in children's rooms.

In 2022, North America held a largest market share, dominating the market. The existence of major product manufacturers, increased consumer demand for personalized kids' furniture, and the recent increase in home renovation trends are the main drivers of regional market growth.

Key market players operating in the global kids furniture market include:

• IKEA
• Wayfair Inc.
• KidKraft
• Sorelle Furniture
• Crate and Barrel
• Williams-Sonoma Inc.
• Blu Dot Design & Manufacturing, Inc.
• Circu Magical Furniture
• Casa Kids
• BrainBees Solutions Pvt. Ltd.

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“The demand for kids' furniture is rising due to a combination of societal, economic, and cultural factors that have reshaped parenting trends and consumer behavior. The global kids furniture market is a vibrant and evolving sector within the larger furniture industry. Catering to the unique needs and preferences of children, this market has witnessed substantial growth over the years. Moreover, the market's growth is largely driven by factors such as increasing disposable income, evolving parenting trends, urbanization, and a heightened focus on child development.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Kids Storage Furniture Market By Furniture Type (Wardrobes, Bookshelves, Toy Storage, Table & Chair, Others), By Material (Wood, Metal, Plastic), By Sales Channel (Direct Sales, Furniture Retail Outlets, Supermarket/ Hypermarket, Online), By Region, By Competition Forecast & Opportunities 2021-2031F, has evaluated the future growth potential of the global kids furniture market globally and provides statistics and information on market structure, size, share, and future growth. The report provides cutting-edge market intelligence and helps decision-makers to make sound investment decisions. Besides, the report also identifies the emerging trends along with essential drivers, challenges, and opportunities present in the market of kids furniture globally.

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