China Kids Storage Furniture Market Size & Outlook
China kids storage furniture market, 2018-2030 (US$M)
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China kids storage furniture market highlights
- The China kids storage furniture market generated a revenue of USD 1,221.2 million in 2023 and is expected to reach USD 5,185.7 million by 2030.
- The China market is expected to grow at a CAGR of 22.9% from 2024 to 2030.
- In terms of segment, bookshelves was the largest revenue generating type in 2023.
- Wardrobes is the most lucrative type segment registering the fastest growth during the forecast period.
Kids storage furniture market data book summary
| Market revenue in 2023 | USD 1,221.2 million |
| Market revenue in 2030 | USD 5,185.7 million |
| Growth rate | 22.9% (CAGR from 2023 to 2030) |
| Largest segment | Bookshelves |
| Fastest growing segment | Wardrobes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wardrobes, Toy Storage, Bookshelves, Chests, Boxes & Baskets, Hooks & Hangers |
| Key market players worldwide | Williams-Sonoma Inc, Wayfair Inc Class A, Million Dollar Baby, Blu Dot, FirstCry, KidKraft, Crate & Barrel, Casa Kids |
Other key industry trends
- In terms of revenue, China accounted for 9.7% of the global kids storage furniture market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China kids storage furniture market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,926.9 million by 2030.
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Kids Storage Furniture Market Scope
Kids Storage Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
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China kids storage 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 storage furniture market will help companies and investors design strategic landscapes.
Bookshelves was the largest segment with a revenue share of 31.98% in 2023. Horizon Databook has segmented the China kids storage furniture market based on wardrobes, toy storage, bookshelves, chests, boxes & baskets, hooks & hangers covering the revenue growth of each sub-segment from 2018 to 2030.
China, housing more than 50,000 furniture manufacturing companies, concentrates much of its industry in Guangdong province, particularly in cities like Shenzhen, Dongguan, and Guangzhou. These hubs benefit from an expanding and cost-effective labor force, access to supplier networks, and continuous infusion of technology and capital.
As the world's largest furniture exporter, China's industry, rooted in a rich history of craftsmanship, produces a diverse range of products. The country's lucrative furniture market, driven by its massive population and growing middle-class population, attracts global giants like Inter IKEA Systems B.V., which invested USD 1,550 million in China in 2021, witnessing a 70% surge in online sales in 2021.
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Target buyers of China kids storage furniture market databook
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Our clientele includes a mix of kids storage 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 country-level data and insights on the China kids storage furniture market , including forecasts for subscribers. This country databook contains high-level insights into China kids storage furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China kids storage furniture market size, by type, 2018-2030 (US$M)
China Kids Storage Furniture Market Outlook Share, 2023 & 2030 (US$M)
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