Kids And Nursery Furniture Market Size
| Study Period | 2020-2029 |
| Market Size (2024) | USD 45.25 Billion |
| Market Size (2029) | USD 60.96 Billion |
| CAGR (2024 - 2029) | 6.14 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Kids And Nursery Furniture Market Analysis
The Kids And Nursery Furniture Market size is estimated at USD 45.25 billion in 2024, and is expected to reach USD 60.96 billion by 2029, growing at a CAGR of 6.14% during the forecast period (2024-2029).
The rising per capita population and disposable income in developing nations boost the expansion of the kid's and nursery furniture market. Consumers with high levels of income spend money wisely to increase their standard of living and purchase efficient and adaptable consumer goods.
Due to the rising prices of homes, consumers are opting for more home improvement and remodeling projects rather than purchasing a new home. Since the growth of home values led to double home owner's equity, homeowners felt wealthier and accelerated to invest more in home improvement projects. This factor led to an increase in the demand for kids and nursery furniture.
The rising concern about the environment has increased the demand for items in the furniture industry that are sustainable and beneficial to the environment. Since there is a growing concern about the environment by consumers, manufacturers are using materials that are less dangerous to the environment and cause less damage to the world. This demand increased the opportunities for manufacturers, and they started using non-toxic paints and materials that could be recycled, which helped maintain sustainability.
Kids And Nursery Furniture Market Trends
Increased Focus on Environmentally Friendly and Sustainable Products
The growing consciousness of consumers towards environmentally friendly and sustainable products created a desire among manufacturers to make kids' furniture with eco-friendly and sustainable materials. Since consumers are very conscious of the environmental impact, there is an increased demand for furniture made from renewable resources and non-toxic materials. The growing number of people concerned about the environment increased the demand. Hence, manufacturers started meeting consumers' demand by manufacturing furniture with non-toxic and recyclable products.
Europe Dominates The Market
The European market is increasingly growing due to the region's increased demand for residential furniture. The market players transferred production to other areas or countries to reduce production costs and increase operational efficiency. The market is growing in Western European countries due to the rising demand for home renovations and separate rooms for kids.
The kids' and nursery furniture sales increased due to online retailers. Also, the demand for ergonomically designed products to prevent health problems and provide a comfortable learning atmosphere among teachers and students supports the market growth in the region.
Kids And Nursery Furniture Industry Overview
The kids and nursery furniture market is competitive due to several international and regional players. Many brands are switching towards trendy designs and multipurpose functions to meet consumers' changing preferences. The major players are Billion Dollar Baby Co., Wayfair Inc., Blu Dot, First Cry, and KidKraft.
Kids And Nursery Furniture Market Leaders
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Billion Dollar Baby Co.
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Wayfair Inc.
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Blu Dot
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First Cry
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KidKraft
*Disclaimer: Major Players sorted in no particular order
Kids And Nursery Furniture Market News
- July 2023 - Ikea focused on sustainability in kids' furniture and introduced furniture made from sustainable materials with fewer carbon footprints during production. Ikea came into an innovative product design by collaborating with designers and child psychologists.
- January 2023 - LilGaea, a startup company, gained attention for innovative designs and eco-friendly and sustainable kids' furniture. The company aims to create furniture made of non-toxic and natural materials that are safe for children and the environment.
Kids And Nursery Furniture Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Birth Rate Drives The Market
4.2.2 Rise In Disposable Income Of Parents Drives The Market
4.3 Market Restraints
4.3.1 Lack of Security Issues
4.3.2 Infrastructure and Space Limitations
4.4 Market Opportunities
4.4.1 Technological Advancement in Kids And Nursery Furniture Market
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porters' Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on Technological Innovation in the Market
4.7.1 The Integration Of Internet Of Things (IoT) Capabilities
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Beds
5.1.2 Cots
5.1.3 Cribs
5.1.4 Mattresses
5.2 By Material
5.2.1 Wood
5.2.2 Polymer
5.2.3 Metal
5.3 By Application
5.3.1 Commercial
5.3.2 Household
5.4 By Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.1.4 Rest of North America
5.4.2 Asia-Pacific Region
5.4.2.1 India
5.4.2.2 China
5.4.2.3 Japan
5.4.2.4 Australia
5.4.2.5 Rest of Asia Pacific Region
5.4.3 South America
5.4.3.1 Brazil
5.4.3.2 Argentina
5.4.3.3 Rest of South America
5.4.4 Europe
5.4.4.1 UK
5.4.4.2 Germany
5.4.4.3 Italy
5.4.4.4 Rest of Europe
5.4.5 Middle East & Africa
5.4.5.1 South Africa
5.4.5.2 UAE
5.4.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 Billion Dollar Baby Co.
6.2.2 Wayfair Inc.
6.2.3 Blu Dot
6.2.4 First Cry
6.2.5 KidKraft
6.2.6 Sorelle Furniture
6.2.7 Circu Magical Furniture
6.2.8 Crate and Barrel
6.2.9 Casa Kids
6.2.10 Ikea*
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Kids And Nursery Furniture Industry Segmentation
Kids and nursery furniture are furniture designed for kids, including cots, chairs, storage, rugs, lights, and decorative accessories. The kids and nursery furniture market is segmented into product, material, application, and geography. The market is segmented by product into beds, cots, cribs, and mattresses. The market is segmented by material: wood, polymer, and metal. By application, the market is segmented into commercial and household. The market is segmented by geography into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report offers market size and forecasts for the kids and nursery furniture market in value (USD) for all the above segments.
| By Product Type | |
| Beds | |
| Cots | |
| Cribs | |
| Mattresses |
| By Material | |
| Wood | |
| Polymer | |
| Metal |
| By Application | |
| Commercial | |
| Household |
| By Geography | |||||||
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Kids And Nursery Furniture Market Research FAQs
How big is the Kids And Nursery Furniture Market?
The Kids And Nursery Furniture Market size is expected to reach USD 45.25 billion in 2024 and grow at a CAGR of 6.14% to reach USD 60.96 billion by 2029.
What is the current Kids And Nursery Furniture Market size?
In 2024, the Kids And Nursery Furniture Market size is expected to reach USD 45.25 billion.
Who are the key players in Kids And Nursery Furniture Market?
Billion Dollar Baby Co., Wayfair Inc., Blu Dot, First Cry and KidKraft are the major companies operating in the Kids And Nursery Furniture Market.
Which is the fastest growing region in Kids And Nursery Furniture Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Kids And Nursery Furniture Market?
In 2024, the Asia accounts for the largest market share in Kids And Nursery Furniture Market.
What years does this Kids And Nursery Furniture Market cover, and what was the market size in 2023?
In 2023, the Kids And Nursery Furniture Market size was estimated at USD 42.47 billion. The report covers the Kids And Nursery Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Kids And Nursery Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Kids And Nursery Furniture Industry Report
Statistics for the 2024 Kids And Nursery Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Kids And Nursery Furniture analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
