openPR Logo
Press release

Play Room Furniture Market is Poised to Exhibit A Moderate 6.1% CAGR through 2018 to 2028

10-17-2018 12:39 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Play Room Furniture Market is Poised to Exhibit A Moderate 6.1%

Resurgence of home décor industry, coupled with significant proliferation of playroom furniture in hospitals and residential space continue to influence sales of playroom furniture, consequently driving growth of playroom furniture market during the period of forecast. Moreover, largely driven by customer preference, playroom furniture manufacturers are relying upon online distribution channel networks for sales of playroom furniture apart from traditional selling concepts. With pervasiveness of e-commerce, manufacturers of playroom furniture are leveraging the popularity and reach of online retail channel to touch base customers situated in remote areas with a view to increase sales of playroom furniture.

Request Report Sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=974

In addition, recently customers are looking for handcrafted, affordable and durable playroom furniture, given the growing awareness regarding sustainability, which has significantly impacted sales of playroom furniture worldwide. That said, sustainable playroom furniture has been adopted across day care centers. This factor coupled with expanding day care industry has paved potential growth prospects for playroom furniture market during the period of forecast.

Alike manufacturers of playroom furniture, increasing preference for online channels among customers is likely to influence the growth of the playroom furniture market during the period of forecast, 2018-2028. Fact.MR foretells that the market for playroom furniture is projected to expand at significant CAGR of 6.1% with respect to value throughout the period of forecast, with sales to be concentrated in European countries and emerging economies of Asia Pacific excluding Japan (APEJ) region.

Playroom Furniture Market: Significant Prospects for Playroom Furniture in European Countries

The report highlights that developed countries in Europe are expected to substantially contribute to the growth of playroom furniture market with sales increasing at a stellar pace during the period of assessment. Mostly dominated by small and medium size enterprises, Europe region is expected to reflect lucrative growth opportunities as manufacturers develop new designs in response to customer preference for quality products. Moreover, increasing preference for multifunctional and ready-to-assemble (RTA) furniture, given the design innovations, low cost and use of enhanced material composites, is expected to influence sales of playroom furniture in the region, making it an attractive market.

On the other hand, Asia Pacific excluding Japan (APEJ) region is also expected to showcase higher market attractiveness with increasing presence of manufacturers in the region, as emerging economies in APEJ have portrayed favorable business environment from manufacturing standpoint. In addition, given its lucrativeness, international players are tapping the region to launch new products and partner with local companies to extend their global footprint. Countries of India, China and Australia are showing higher inclination towards use of playroom furniture, which is likely to fuel the market’s growth in this region in the coming years.

Playroom Furniture Market: Online Retailing of Playroom Furniture Gains Traction

Increasing consumer inclination towards online shopping owing to convenience factor and cost effectiveness has been a crucial aspect fuelling sales of playroom furniture. That said, manufacturers have adopted online sales channel as a vital sales funnel that can increase the visibility of their products. Moreover, domestic manufacturers of playroom furniture are opting online portals, for instance, the Trendsutra Platform Service Private Limited and Urban Ladder to highlight their products. Surging online platform is expected to present lucrative growth opportunities for playroom furniture market during the forecast period.

View Full Report @ https://www.factmr.com/report/974/play-room-furniture-market

Playroom Furniture Market: Playroom Goes Woody

Wood has been adopted as a favorable material for manufacturing of furniture, as it can be easily disposed after the completion of lifecycle of the furniture. That said, wood as a natural material is widely adopted in playroom furniture manufacturing, not only on accord of its ease in disposal but also its high durability. Moreover, the natural lines and patterns on wooden playroom furniture makes them look aesthetically appealing. This has resulted in increased adoption of wood in playroom furniture as compared to other material including plastics, metal and fabrics.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact us

Fact.MR

353-1-6111-593

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

Email: sales@factmr.com

Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Play Room Furniture Market is Poised to Exhibit A Moderate 6.1% CAGR through 2018 to 2028 here

News-ID: 1309868 • Views:

More Releases from Fact.MR

Portable Bluetooth Speaker Market Is Projected To Reach A Value Of US$ 20,521 Million At A CAGR Of 10.6% By 2034
Portable Bluetooth Speaker Market Is Projected To Reach A Value Of US$ 20,521 Mi …
The global portable bluetooth speaker market is estimated to be valued at US$ 7,521.6 million in 2024. The market is anticipated to reach US$ 20,521 million by 2034, with a projected CAGR of 10.6% from 2024 to 2034. The Portable Bluetooth Speaker Industry sales study offers a comprehensive analysis on diverse features including production capacities, Portable Bluetooth Speaker demand, product developments, sales revenue generation and Portable Bluetooth Speaker market outlook
Atrial Fibrillation Device Market to Attain US$ 24.76 Billion at 14.3% CAGR by 2034: Fact.MR Report
03-29-2024 | Health & Medicine
Fact.MR
Atrial Fibrillation Device Market to Attain US$ 24.76 Billion at 14.3% CAGR by 2 …
The global atrial fibrillation devices market (心房細動装置市場) size stands at a valuation of US$ 6.52 billion in 2024, with forecasts predicting a surge to US$ 24.76 billion by the conclusion of 2034. Sales of atrial fibrillation devices worldwide are expected to witness an impressive compound annual growth rate (CAGR) of 14.3% from 2024 to 2034. In recent years, the global healthcare landscape has witnessed a significant surge in the prevalence of
Canola Oil Market Rising at 3.6% CAGR to Reach US$ 625 Million by 2032
03-29-2024 | Food & Beverage
Fact.MR
Canola Oil Market Rising at 3.6% CAGR to Reach US$ 625 Million by 2032
The canola oil market is expected to grow at a compound annual growth rate (CAGR) of 3.6% through 2032, from an estimated value of US$ 415 million in 2022 to US$ 625 million by the end of 2032. By the end of 2032, Bunge, ADM, and Louis Dreyfus Company are projected to be the top three producers of canola oil, accounting for around 31% of the global market. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆
Digital Experience Platform Market Size to Cross US$ 29.5 Billion at 10.2% CAGR by 2032
Digital Experience Platform Market Size to Cross US$ 29.5 Billion at 10.2% CAGR …
The market for digital experience platforms is expected to expand at a remarkable 10.2% CAGR. It is anticipated to increase from US$ 9.9 billion in 2021 to around US$ 29.5 billion by 2032. A deeper level of customer involvement has been achieved through the evolution of digital customer platform integration, which began with content management systems (CMSs) in the 1980s and web experience management (WEM) solutions in the 1990s. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲

All 5 Releases


More Releases for Furniture

Home Furniture Market, Office Furniture Market, Hospital Furniture Market, Woode …
Furniture is a movable/mutable object intended to support a variety of human activity including seating, sleeping, fencing and protection. It is also used to hold the object at the proper height for working. It can also be designed & used as a decorative object. Furniture has become a vital part of human life since non-nomadic culture. It is kept in home or other commercial buildings to make the living &
Bedroom Furniture Market Growth 2017 to 2022: Dominated by ughan-Bassett Furnitu …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives
Bedroom Furniture Market Growth 2017 to 2022: Dominated by ughan-Bassett Furnitu …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives
Bedroom Furniture Market Size to Grow Rapidly in Future | Global Key Players - a …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives
Bedroom Furniture Market Key Player Information are - Vaughan-Bassett Furniture …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives
Bedroom Furniture Market 2019 By Vaughan-Bassett Furniture Company, Century Furn …
Global Bedroom Furniture Market 2019-2024: According to the Global Bedroom Furniture Market report, the market is expected to reach the value of $XX million at the end of the forecast period of 2019 – 2024, showing good progress, rising at a CAGR of XX%. The global Bedroom Furniture Market  report covers a detailed analysis of the Bedroom Furniture Market  including the various parameters on which the Bedroom Furniture Market  is analyzed