Asia Pacific Kids Furniture Market Size & Outlook
Asia Pacific kids furniture market, 2017-2030 (US$M)
Related Markets
Asia Pacific kids furniture market highlights
- The Asia Pacific kids furniture market generated a revenue of USD 8,916.6 million in 2021.
- The market is expected to grow at a CAGR of 19% from 2022 to 2030.
- In terms of segment, beds, cots & cribs was the largest revenue generating product in 2021.
- Mattresses is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 8,916.6 million |
| Market revenue in 2030 | USD 42,624.5 million |
| Growth rate | 19% (CAGR from 2021 to 2030) |
| Largest segment | Beds, cots & cribs |
| Fastest growing segment | Mattresses |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beds, Cots & Cribs, Table & Chair, Cabinets, Dressers & Chests, Mattresses |
| Key market players worldwide | Williams-Sonoma Inc, Wayfair Inc Class A, Billion Dollar Boy, Blu Dot, FirstCry, KidKraft, Crate & Barrel |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.0% of the global kids furniture market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 13,174.8 million by 2030.
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Kids Furniture Market Scope
Kids Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific kids furniture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to kids furniture market will help companies and investors design strategic landscapes.
Beds, cots & cribs was the largest segment with a revenue share of 32.41% in 2021. Horizon Databook has segmented the Asia Pacific kids furniture market based on beds, cots & cribs, table & chair, cabinets, dressers & chests, mattresses covering the revenue growth of each sub-segment from 2017 to 2030.
Rapid investments in the construction sector in line with the development of smart city projects are expected to open new opportunities for players in the kids furniture market over the coming years. Moreover, the growing per capita income in developing countries across the region will augment product demand.
Rising innovation, coupled with the increasing demand for aesthetically pleasing kids’ furniture, will also bode well for the Asia Pacific market revenue. With advancements in technology, a plethora of possibilities in structure and design is opened to manufacturers, leading to revolutionary developments.
For instance, leading furniture manufacturer IKEA has been continuously creating furniture that is easy to assemble by making sure to keep the number of pieces as low as 10. The simple design promotes easy self-assembly of the products. Another popular innovation is the addition of smart temperature regulatory features.
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Target buyers of Asia Pacific kids furniture market databook
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Our clientele includes a mix of kids furniture market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific kids furniture market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific kids furniture market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific kids furniture market size, by country, 2017-2030 (US$M)
Asia Pacific Kids Furniture Market Outlook Share, 2021 & 2030 (US$M)
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