Kids Furniture Market Analysis

Kids Furniture Market Analysis

Kids furniture market share from the beds segment is anticipated to cross USD 30 billion by 2032. Kids beds are created to fulfill their specific demands as they grow. They usually have low heights, safety rails, and vibrant colors that appeal to children and their parents. The development of a wide variety of kids beds with aesthetic designs would encourage parents to upgrade their existing kid’s beds. Factors like comfortable designs, space-saving, and multi-purpose use are expected to influence product sales in the coming years.
 

Based on material, the kids furniture market share from wood segment is predicted to observe more than 7.5% CAGR from 2023 to 2032. Wood is a strong, long-lasting material that can withstand the wear and tear caused by daily usage. With furniture being a long-term investment, wood is the preferred customer choice because of its durability and strength. Wooden furniture for kids lasts for a long time, making it a wise investment for parents.
 

Kids furniture market share from the online retailer segment is forecasted to witness over 9.5% CAGR from 2023 to 2032. Online shops provide more options than traditional retailers, making it simpler for parents to find the specific furniture they need. With the demand for aesthetic, theme-based, and gender-specific furniture, the market is set to generate more revenue over the next few years. With multiple offers, discounts, and home-delivery features, parents would prefer online shopping rather than going out to buy furniture.
 

North America kids furniture market size is expected to surpass USD 34.4 billion by 2032. The trend of homeschooling and online learning have increased ever since the COVID-19 pandemic. With this, kids are spending more time at home and need furniture that is both comfortable and practical to meet their learning needs. The demand for modern kids furniture across countries like the U.S. and Canada is expected to influence the regional growth over the years. Apart from this, the growing birth rate in the region will drive the need to design baby rooms and nursing rooms.