Kids Outdoor Furniture Market Scope
There is a surge in demand for furniture that can store clothes, books, toys, and other items in a space-saving manner. This increase can be ascribed to a growing need for efficient and themed areas for children, such as nurseries, playrooms, and study rooms. New tactics for constructing end-to-end home infrastructures are being adopted by housing contractors. One of the main trends pointing to growth potential is the installation of necessary and visually appealing children's furniture by housing contractors. Furniture with sturdy materials, multifunctionality, and vivid colors is predicted to expand in popularity, providing potential prospects for market competitors. The growing popularity of theme-based interior design is expected to drive up demand for furniture that fits these themes. The growing popularity of 3D printed furniture is predicted to continue to be a prominent trend in the market. 3D printing is the ideal alternative for customers looking for personalized furniture that is better suited to their specific décor needs. This type of material is manufactured faster than traditional approaches since the technology can concretize even the most complicated designs in a short amount of time. This efficiency is also beneficial to the environment.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Williams-Sonoma Inc. (United States), IKEA (Sweden), Hooker Furniture (United States), Bassett Furniture Industries (United States), Lulu and Georgia (United States), BABYLETTO (United States), Circu(United States), Crate and Barrel (United States), Wayfair (United States) and Ethan Allen (United States) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Kids Outdoor Furniture market throughout the predicted period.
Williams-Sonoma Inc. (United States), IKEA (Sweden), Hooker Furniture (United States), Bassett Furniture Industries (United States), Lulu and Georgia (United States), BABYLETTO (United States), Circu(United States), Crate and Barrel (United States), Wayfair (United States) and Ethan Allen (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Gigi Brooks (United States), FurnitureMaxx (United States), Room Magic (United Kingdom), Godrej Interio (India) and Others.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Kids Outdoor Furniture market by Type and Region with country level break-up.
On the basis of geography, the market of Kids Outdoor Furniture has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Rest of Europe), MEA (Saudi Arabia, Turkey, Israel, United Arab Emirates, South Africa, Rest of Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In January 2024, Twin Star Home, an omnichannel provider of indoor and outdoor home furnishings, announced its acquisition of Grand Basket, a provider of outdoor patio furniture and accessories in North America.
In August 2019, Swoon launched its debut children's furniture collection on 16th September with a fun and stylish nine-piece range, designed to spark creativity and to encourage interactive, imaginative play at home.
Influencing Trend:
Growing Trend of Procuring a Complete Set of Kids’ Room Furniture Including Bed, Cabinet, Table, and Chairs and 3D Printed Furniture
Market Growth Drivers:
Growing Urbanisation and Rapid Changing Lifestyle of People and Rising Number of Nuclear Families is Increasing Resulting in Demand for Portable and Space-Saving products
Challenges:
Several Players present in the market
Restraints:
Increased Cost of Raw Materials
Opportunities:
Growing Infrastructure Investment in Residential and Commercial sector and Growing Demand of Multi-Functional Furniture
Key Target Audience
Manufacturers of Kids Furniture, Suppliers of Kids Furniture, Wholesalers, Distributors and Retailers of Kids Furniture, Raw Material Providers, End-user and Others