Market revenue in 2021 | USD 2,289.1 million |
Market revenue in 2030 | USD 10,041.4 million |
Growth rate | 17.9% (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 33.2% in 2021. Horizon Databook has segmented the Germany 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.
Germany is expected to account for a share of 21.27% of the Europe kids furniture market by 2028. Kids furniture is foreseen to witness a significant demand in the country owing to the favorable demographic factors such as rise in disposable income and increase in birth rate.
For instance, according to provisional results of the Federal Statistical Office (Destatis), 65,903 children were born in March 2021, which is a 6% rise from the births in February. Moreover, in March 2019, 65,903 births were recorded. The last time more than 65,000 births were recorded was in March 1998. This increase in birth rate will boost the demand for kids furniture.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany kids furniture market , including forecasts for subscribers. This country databook contains high-level insights into Germany kids furniture market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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