Kids furniture is specially designed for children and include products such as study tables, chairs, cribs, mattresses, and others. These are specially designed keeping in mind the particular taste of children. Kids love attractive colors, shapes, and innovation. Therefore, manufacturers of kids furniture are developing various furniture products such as tables, beds, and chairs with different colours and shapes. Moreover, parents look for comfort in the furniture they are planning to design for their kids. Therefore, manufacturers are designing innovative products that offer extra comfort to the children. Moreover, kids furtniture play a vital role in developing child's creativity and learning attitude. Therefore, parents are investing in buying special furniture for their kids.
MARKET SCOPE
The "Global Kids Furniture Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the kids furniture market with detailed market segmentation by product, raw material, distribution channel, and geography. The report provides key statistics on the market status of the leading kids furniture market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of product, the market is segmented into tables, chairs, beds, cribs, mattresses, and others.
- On the basis of raw material, the market is segmented into wood, plastic, metal, and others.
- On the basis of distribution channel, the market is segmented into specialty stores, online retail, and others.
MARKET DYNAMICS
Drivers
- Rising expenditures of consumers on study room, playroom, and nursery d?cor is the key factor driving the market growth
- Growing demand for multifunctional kids furniture owing to increasing importance of kids furniture in development of children is also boosting the market growth
- Rising disposable income levels of consumers is also expected to boost the demand for kids furniture over the forecast period.
Restraints
- High prices of the furniture products may hinder the market growth in few countries across the globe
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The kids furniture market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the kids furniture market in these regions.
IMPACT OF COVID-19 ON KIDS FURNITURE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the kids furniture market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from kids furniture market are anticipated to lucrative growth opportunities in the future with the rising demand for kids furniture in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the kids furniture market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Inter IKEA Systems B.V.
- Williams-Sonoma Inc.
- BABYLETTO
- Blu Dot Design & Manufacturing, Inc
- Casa Kids
- Covet Group
- Crate and Barrel
- KidKraft
- Ashley Home Stores, Ltd.
- Sorelle Furniture
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.