Kids Furniture Market Size

Kids Furniture Market Size

Kids Furniture Market size was valued at more than USD 42 billion in 2022 and is projected to observe over 8% CAGR from 2023 to 2032. Companies investing in product development and upgrades will drive the industry expansion.

The rise in the trend of online purchasing has raised kids’ furniture sales throughout the globe, especially in the Europe region. Parents these days have access to a greater selection of furniture brands. They can easily compare the costs and product characteristics through online shopping portals.
 

International retailers also have access to the European market and provide a wide range of distinctive designs and goods. This has led to more competition, which enhanced affordability for parents. As a result, there has been an increase in demand for kids' furniture in Europe, and online shopping is anticipated to continue to play a significant role in this trend.
 

High cost of raw materials and production could influence the growth of kids furniture market. To assure higher durability and safety, several furniture manufacturers are employing premium, non-toxic materials, which can increase the cost of production. This makes kids' furniture a bit more expensive than conventional furniture, which may reduce its appeal to consumers who are concerned about pricing. The rising demand for conventional furniture may hamper the growth of kids furniture industry in the years to come.