Latin America Kids Furniture Market Size & Outlook
Latin America kids furniture market, 2017-2030 (US$M)
Related Markets
Latin America kids furniture market highlights
- The Latin America kids furniture market generated a revenue of USD 3,904.7 million in 2021.
- The market is expected to grow at a CAGR of 20.9% 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, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 3,904.7 million |
| Market revenue in 2030 | USD 21,589.0 million |
| Growth rate | 20.9% (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, Latin America region accounted for 10.1% 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 |
|---|
Latin America 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 32.31% in 2021. Horizon Databook has segmented the Latin America 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.
According to the World Bank, the average birth rate in South America in 2019 based on 12 countries was 17.14 births per 1000 people. Bolivia had the highest rate with 21.45 births per 1000 people, while Chile had the lowest rate at 12.19 births per 1000 people. Moreover, Brazil had over 13.70 births per 1000 people. Thus, the high birth rate is likely to drive the demand for kids furniture in the region.
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Target buyers of Latin America 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 Latin America kids furniture market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America kids furniture market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America kids furniture market size, by country, 2017-2030 (US$M)
Latin America Kids Furniture Market Outlook Share, 2021 & 2030 (US$M)
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