Market revenue in 2021 | USD 1,884.1 million |
Market revenue in 2030 | USD 8,469.5 million |
Growth rate | 18.2% (CAGR from 2021 to 2030) |
Largest segment | Beds, cots & cribs |
Fastest growing segment | Mattresses |
Historical data | 2017 - 2020 |
Base year | 2021 |
Forecast period | 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 |
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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 32.67% in 2021. Horizon Databook has segmented the China 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.
Improving birth rates in the country is one of the primary factors driving the demand for kids’ furniture. In October 2015, the Chinese government announced its plans to abolish the one-child policy, allowing all families to have two children.
This need “to improve the balanced development of population” was an apparent reference to the country's skewed female-to-male sex ratio and to deal with an increasingly aging population. On May 31, 2021, fueled by the declining birth rate and population growth, China's government further relaxed these restrictions, allowing families up to three children. These relaxations bode well for the kids furniture market.
Horizon Databook provides a detailed overview of country-level data and insights on the China kids furniture market , including forecasts for subscribers. This country databook contains high-level insights into China kids furniture market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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