The Global Playroom Furniture Market Is Forecast To Surpass USD 6,700 Mn By 2032, Growing At A CAGR Of 5.4% From 2022 To 2032

The global playroom furniture market accounts for ~10% of the global kid's furniture market in 2022 and is expected to expand in forecast years. The global playroom furniture market is estimated to have an absolute $ opportunity of USD 2,700 Mn during the assessment period of 2022-2032.

Considering the market trend countered in recent times, mandatory focus on modern house designs for playrooms along with additional stuff related to kid furniture products gained traction. Similarly, the need of developing social skills in kids anticipated to escalate the market of playroom furniture in upcoming half-decade.

𝗖𝗹𝗶𝗰𝗸 𝗛𝗲𝗿𝗲 𝗧𝗼 𝗴𝗲𝘁 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 (𝗜𝗻𝗰𝗹𝘂𝗱𝗶𝗻𝗴 𝗙𝘂𝗹𝗹 𝗧𝗢𝗖, 𝗧𝗮𝗯𝗹𝗲 & 𝗙𝗶𝗴𝘂𝗿𝗲𝘀):https://www.factmr.com/connectus/sample?flag=S&rep_id=974

𝟮𝟬𝟭𝟳-𝟮𝟬𝟮𝟭 𝗚𝗹𝗼𝗯𝗮𝗹 𝗣𝗹𝗮𝘆𝗿𝗼𝗼𝗺 𝗙𝘂𝗿𝗻𝗶𝘁𝘂𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 𝗶𝗻 𝗖𝗼𝗺𝗽𝗮𝗿𝗶𝘀𝗼𝗻 𝘁𝗼 𝟮𝟬𝟮𝟮-𝟮𝟬𝟯𝟮 𝗚𝗿𝗼𝘄𝘁𝗵 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁

Parents are increasingly becoming conscious of the holistic growth of their kids and are thus, focused on having a dedicated place for their fun and learning. A well-furnished playroom makes it easier for kids to have fun and develop their social skills.
Change in consumer preferences has led to enhanced demand for multi-functional playroom furniture, which is witnessing a positive growth. Additionally, environment-conscious consumers are placing greater demand for the wooden playroom furniture market, which is likely to enhance playroom furniture market growth by 1.4X.
Consumers are preferring affordable, handcrafted and durable playroom furniture, in addition to demanding sustainable playroom furniture, which is likely to expand market demand by 1.2X. Moreover, expanding day-care industry lays down potential growth of playroom furniture market in the forecast years of 2022-2032.
Growth in the home décor industry, along with enhanced proliferation of playroom furniture in residential applications along with commercial applications in hospitals and daycares are likely to trigger market demand by 1/4th in coming years.

𝗪𝗵𝗶𝗰𝗵 𝗶𝘀 𝘁𝗵𝗲 𝗱𝗼𝗺𝗶𝗻𝗮𝗻𝘁 𝗿𝗲𝗴𝗶𝗼𝗻 𝗶𝗻 𝗣𝗹𝗮𝘆𝗿𝗼𝗼𝗺 𝗙𝘂𝗿𝗻𝗶𝘁𝘂𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁?

North America playroom furniture market is the dominant region in the overall market as it contributed approximately ~25% to the overall market share in 2021 and is poised to continue on the same trajectory in upcoming half-decade.
The presence of multiple domestic and international players in the market along with the rising demand for playroom furniture for kids in the United States is fueling market demand for playroom furniture.
However, Europe which holds a 21.9% market share is likely to contribute substantially to the playroom furniture market, with sales likely to increase at a robust pace during the assessment years of 2022-2032.
The region is dominated by the presence of small and medium-size enterprises and also presents lucrative opportunities for new manufacturers entering the market. Producers are focusing on developing new designs to offer ready-to-assemble (RTA) and multifunctional furniture. Innovation in design, use of enhanced components, offering low-cost products etc. are some of the key factors influencing sales of playroom furniture, thus, making it an attractive market.

𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝘆-𝘄𝗶𝘀𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀
𝗪𝗵𝗶𝗰𝗵 𝗺𝗮𝘁𝗲𝗿𝗶𝗮𝗹 𝘁𝘆𝗽𝗲 𝘀𝗲𝗴𝗺𝗲𝗻𝘁 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗲𝘀 𝗺𝗮𝘅𝗶𝗺𝘂𝗺 𝗺𝗮𝗿𝗸𝗲𝘁 𝗴𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝘁𝗵𝗲 𝗣𝗹𝗮𝘆𝗿𝗼𝗼𝗺 𝗙𝘂𝗿𝗻𝗶𝘁𝘂𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁?

Playroom furniture is available in different materials of wood, plastic, fabric and metal. Amongst them, the wooden playroom furniture segment holds the largest market share of 37.4%. Features such as excellent strength, durability, and the addition of vibrant colors to attract kids are able to impact market demand.

𝗪𝗵𝗶𝗰𝗵 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝘁𝘆𝗽𝗲 𝗶𝘀 𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗴𝗮𝗶𝗻 𝗺𝗼𝗺𝗲𝗻𝘁𝘂𝗺 𝗶𝗻 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝘆𝗲𝗮𝗿𝘀?

Table and chair sets under product type hold nearly 1/3rd market share in the global playroom furniture market. Rising demand for sitting units and augmented preference amongst the kids to sit on chairs is likely to impact positively on the market growth in the forecast years of 2022-2032.
Moreover, the availability of products like storage units, drawers, displays, organizers etc. is poised to raise demand for storage cabinets. During the forecast years, the storage segment is anticipated to register a CAGR of 4.2%.

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗖𝗼𝘂𝗻𝘁𝗿𝘆 - https://www.factmr.com/connectus/sample?flag=RC&rep_id=974

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲: 𝗧𝗼𝗽 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗶𝗻 𝗣𝗹𝗮𝘆𝗿𝗼𝗼𝗺 𝗙𝘂𝗿𝗻𝗶𝘁𝘂𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁

The global playroom furniture market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced Playroom Furniture products.
Fact.MR has provided detailed information about price points of top manufacturers of Playroom Furniture positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance: Interior Define collaborated with Monica + Andy in 2019, to launch a line of furniture specifically for kids. It includes peace, gray stripe, blue stripe and palm to cover sofas and chairs. These products are made up of high-density hypo allergic foam and have undergone stringent testing to ensure that they are safe for kids.

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗣𝗹𝗮𝘆𝗲𝗿𝘀:
• Ashley Furniture Home Stores
• Inter IKEA Systems B.V.
• KidKraft
• Williams-Sonoma Inc.
• Flexa
• Nebraska Furniture Mart
• Crate and Barrel
• P'kolino, LLC
• American Signature, Inc.
• CHILDREN'S FACTORY

𝗚𝗹𝗼𝗯𝗮𝗹 𝗣𝗹𝗮𝘆𝗿𝗼𝗼𝗺 𝗙𝘂𝗿𝗻𝗶𝘁𝘂𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗯𝘆 𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝘆

By Product Type :
• Storage Cabinets
• Table and Chair Sets
• Play Furniture Sets
• Couches

By Material Type :
• Wood Playroom Furniture
• Plastic Playroom Furniture
• Fabric Playroom Furniture
• Metal Playroom Furniture

By Application :
• Residential
• Commercial

By Distribution Channel :
• Direct Sales
• Chained Stores
• Specialty Stores
• Modern Trade
• Departmental Stores

By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝘁𝗼 𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝗧𝗵𝗲 𝗗𝗮𝘁𝗮? 𝗜𝗻𝗾𝘂𝗶𝗿𝗲 𝗵𝗲𝗿𝗲 𝗮𝘁 -https://www.factmr.com/checkout/974

𝗥𝗲𝗽𝗼𝗿𝘁 𝗦𝘂𝗺𝗺𝗮𝗿𝘆

The study offers comprehensive analysis on diverse features, including price point analysis at each product and brand level, consumer survey analysis, social media sentiment analysis, product benchmarking and revenue generation from playroom furniture across the globe.
A comprehensive estimate on the market has been provided, taking into account the revenue of playroom furniture manufacturing companies during the forecast period.

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This release was published on openPR.