Market Snapshot:
Designing a children's room is equally crucial as planning any part of the home. Creating fun and creative environment for the kid is a must so that it can increase their productivity and efficiency as well. Kids Furniture is household or commercial equipment, usually made of wood, metal, plastics, marble, glass, fabrics, or related materials and having a variety of different purposes. The operative and beautifying aspects of furniture have been emphasized more or less throughout history according to business and fashion. The demand for kids furniture is booming across the globe due to the growth in the construction industries and the changing lifestyle of the customers is booming the demand for it in the market
Highlights from Kids Furniture Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are IKEA (Netherlands), Poundex (United States), Prepac (Canada), Pulaski (United States), Room Magic (United Kingdom), Sandberg Furniture (United States), South Shore (United States), Step2 (United States) and FurnitureMaxx (United States). Additionally, other players that are part of this comprehensive study are Home Elegance (United States) and FurnitureMaxx (United States).
Geographic Breakdown and Segment Analysis
The Global Kids Furniture market presents a comprehensive analysis of the Kids Furniture market by product type (Beds, Cots & Cribs, Table & Chair, Cabinet, Dressers & Chests and Others), by end-user/application (Household and Commercial), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Kids Furniture industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Kids Furniture market
Analyst at AMA have segmented the market study of Global Kids Furniture market by Type, Application and Region.
Influencing Trend:
Demand for the customised Kids Furniture
Market Growth Drivers:
The escalating interest of parents regarding various designs for the kids room as well as commercial interiors has a positive impact on the growth and The rise in demand for multifunctional kids furniture
Challenges:
Fluctuated price of the raw materials
Restraints:
Availability of counterfeit products in the market
Opportunities:
The technological advancement and research activities from manufacturers to develop high-tech materials for furniture manufacturing
Market Developments Activities:
July 15, 2021 /PRNewswire/ -- IBM (NYSE: IBM) today announced an agreement to acquire Bluetab Solutions Group, S.L. to extend its portfolio of data and hybrid cloud consulting services. Bluetab will become a strategic part of IBM's data services consulting practice to further advance its hybrid cloud and AI strategy.
In January 2021 Fredricks Design Inc. United States-based Design firm launches furniture company for K-6 students, the new company is now offering direct-ship, ready-to-assemble study-at-home furniture solutions for kindergarten through sixth-grade students.
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.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Kids Furniture Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry