A recent report published by Infinium Global Research on
kids furniture market provides in-depth analysis of segments and sub-segments
in the global as well as regional kids furniture market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional kids furniture market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of global kids furniture market. According to the report, the global
kids furniture market is projected to grow at a CAGR of 6.1% over the forecast
period of 2019-2025.
Furniture has adapted changes over time and there are
various types of furniture. People are becoming more sophisticated. Kids
furniture is gaining popularity with a rising focus on children’s study
environment and their comfort. The development of new smart furniture for
children propels the growth of the kids furniture market.
Nowadays parents are focusing on providing an enjoyable and
learning environment for children. The rising awareness about intelligent kids
furniture that is instrumental for a child’s growth led to the expansion of
kids furniture market. Various research activities are being carried out to
develop intelligent chairs with high tech materials such as 3D mesh fabric and
solid ash wood. Intelligent furniture aids with the aesthetic requirements of
parents. Consumers are now shifting to designer furniture. Various market
players are also producing furniture from recycled plastic and discarded
plastic toys. In 2018, ecoBirdy has created colorful furniture for kids from
recycled plastic toys. Consumers are becoming sensitive about the serious
issues of plastic pollution. The growing number of environment-conscious people
stimulates the demand for kids furniture made from recycled plastic. In
addition, technological development is inclined towards offering more comfort
to children. The increasing expenditure on nursery rooms, playroom, and study
room decor contribute to the increased demand for kids furniture. Furthermore,
e-commerce is a major contributor to the growth of the kids furniture market.
The growing number of single child and double-income families drives the
expansion of the kids furniture market. On the flip side, improper labeling of
furniture misleads the customers hampering the growth of kids furniture market.
Moreover, new product launches with safety requirements create several
opportunities for the growth of the kids furniture market.
Geographically, the global kids furniture market is
classified into North America, Asia-pacific, Europe, and the Rest of the World.
Asia-pacific region is expected to have the largest share in the global kids
furniture market. The increasing consumer income and growing e-commerce in
emerging economies of the Asia-Pacific region led to the expansion of the kids
furniture market in Asia-Pacific. Europe is anticipated to grow with a healthy
CAGR over the forecast period owing to offline and online sales of kids
furniture. North America has lucrative growth opportunities in the global kids
furniture market due to the adoption of intelligent kids furniture in the
region.
The report on global kids furniture market covers segments
such as product, category, and material. On the basis of product, the
sub-markets include chairs, tables, beds, mattresses, cribs, and other
products. On the basis of category, the sub-markets include luxury class,
middle class, and lower class. On the basis of material, the sub-markets
include wood, metal, plastic, and other materials.
The report provides profiles of the companies in the market
such as Bombay Dyeing & Manufacturing Company Ltd., Ashley HomeStores,
Ltd., Graco Inc., Dream On Me Inc., MidOcean Partners, Legare Furniture, IKEA,
Sorelle Furniture, Milliard Bedding, Summer Infant, Inc., and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of kids furniture
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.