Press release
Kids Furniture Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
What combination of drivers is leading to accelerated growth in the kids furniture market?Anticipated growth in the number of children is projected to stimulate the expansion of the market for kids furniture. The term "children population" is used to denote those who are under a specific age limit, usually identified as anyone aged 18 and under. The larger the cohort of children, the higher the demand for furniture expressly designed for them, such as beds, drawers, and study desks. This surge in demand can pave the way for an enlarged market for companies focusing on children's furniture, yielding increased sales and profits. For example, Our World in Data, an online UK-based publication that addresses significant global issues, reported in July 2024 that the number of live births per woman in Europe was 1.40 in 2023 and is expected to rise to 1.58 by 2100. Thus, the increase in the population of children is stimulating the expansion of the market for kids furniture.
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What is the projected compound annual growth rate (CAGR) of the kids furniture market from 2025 to 2034, and what factors influence it?
In recent times, there has been a substantial expansion in the market size of kids' furniture. It is projected to swell from $65.95 billion in 2024, to a substantial $78.96 billion in 2025, exhibiting a compelling compound annual growth rate (CAGR) of 19.7%. This growth pattern observed over the historic period can be attributed to factors such as population growth and demographic shifts, alterations in consumer lifestyles, urbanization trends, media influence, safety standards and regulations, and the rising impact of e-commerce.
In the coming years, the children's furniture market is projected to experience a swift expansion. With a compound annual growth rate (CAGR) of 18.1%, it is forecasted to reach "$153.61 billion by 2029. Factors contributing to this anticipated growth during the forecast period include the demand for smart, interactive furniture, importance given to ergonomics, parents' increased interest in educational furniture, the globalization of design, and a rise in single-child families. Notable trends expected within the forecast period comprise the use of augmented and virtual reality for shopping, partnerships with renowned brands, the adaptation of subscription-based models, increased smart storage solutions, the proliferation of licensed and themed furniture, and the provision for personalized and customizable selections.
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How are the latest trends influencing the growth of the kids furniture market?
Leading firms in the children's furniture market are striving for dominance by creating unique products inspired by nature. For example, in August 2022, Sweden-based clothing company, H & M Hennes & Mauritz AB, unveiled a furniture series for children offering assorted styles catering to diverse tastes. The series comprises traditional items like an intelligent table with advanced features, corresponding chairs, and a multipurpose storage bench in assorted color schemes. The addition of rattan furniture, designed to resemble nature includes mini lounge chairs, sofas, tables, and inventive stools, imbuing child's rooms with whimsy. The collection also showcases vibrant and inventive furniture pieces like a chair designed with cloud-like curves, a table inspired by puzzles, and charming stools in lively colors. The product lineup further features soft squeezable toys, tableware, and innovative accessories, offering a wide selection to accommodate varying tastes.
What are the major segments of the kids furniture market and their role in driving growth?
The kids furniture market covered in this report is segmented -
1) By Product: Beds, Cots and Cribs, Table and Chair, Cabinets, Dressers and Chests, Mattresses, Other Products
2) By Material: Wood, Polymer, Metal
3) By Distribution Channel: Online, Offline
4) By Application: Residential, Commercial
Subsegments:
1) By Beds: Twin Beds, Bunk Beds, Loft Beds
2) By Cots And Cribs: Convertible Cribs, Mini Cribs, Portable Cribs
3) By Table And Chair: Activity Tables, Study Tables, Chairs
4) By Cabinets: Storage Cabinets, Bookcases, Wardrobes
5) By Dressers And Chests: Changing Tables, Dresser Chests, Tall Dressers
6) By Mattresses: Crib Mattresses, Twin Mattresses, Bunk Bed Mattresses
7) By Other Products: Bean Bags, Playroom Furniture, Storage Solutions
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Which regions are key players in the growth of the kids furniture market?
North America was the largest region in the kids furniture market in 2024. The regions covered in the kids furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the kids furniture market?
Major companies operating in the kids furniture market include Williams-Sonoma Inc., Wayfai Inc., Blu Dot Inc., KidKraft Inc., Sorelle Furniture LLC, Circu Magical Furniture Inc., Crate and Barrel Holdings Inc., Casa Kids LLC, IKEA Group, Billion Dollar Baby Co. LLC, First Cry Retail Services Private Limited, Ashley Furniture Industries Inc., Legare Furniture Group LLC, Summer Infant Inc., Cello Group Holdings Limited, Berkshire Hathaway Inc., Rooms to Go Inc., Bambizi LLC, Gigi Brooks Interiors Inc., Lulu & Georgia Inc., Babyletto Inc., Disney Consumer Products Games and Publishing Inc., Sanrio Inc., Dreamyears Inc., Dream On Me Inc., Milliard Bedding LLC, Bombay Dyeing & Manufacturing Company Limited, Delta Children Inc., Storkcraft Manufacturing Inc., Graco Children's Products Inc.
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What Is Covered In The Kids Furniture Global Market Report?
• Market Size Forecast: Examine the kids furniture market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the kids furniture market for a structured understanding.
• Key Players Overview: Analyze major players in the kids furniture market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the kids furniture market.
• Segment Contributions: Evaluate how different segments drive overall growth in the kids furniture market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the kids furniture market.
• Industry Challenges: Identify potential risks and obstacles affecting the kids furniture market.
• Competitive Landscape: Review strategic developments in the kids furniture market, including expansions, agreements, and new product launches.
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