Market revenue in 2023 | USD 3,460.1 million |
Market revenue in 2030 | USD 12,553.9 million |
Growth rate | 20.2% (CAGR from 2023 to 2030) |
Largest segment | Bookshelves |
Fastest growing segment | Wardrobes |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 storage furniture market will help companies and investors design strategic landscapes.
Bookshelves was the largest segment with a revenue share of 31.3% in 2023. Horizon Databook has segmented the Europe 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.
The growth of the European market is mainly attributed to the growing demand for residential furniture in the region. The market participants in the region have shifted their production to other regions/countries to reduce production costs and increase operational efficiency.
Western European countries, such as the U.K., Germany, and France, are witnessing the growing trend of housing renovations and an increased demand for residential dwellings, as well as the trend of a separate room for kids, which is favoring the market growth. These countries have a strong presence of manufacturers and distributors, which keeps the prices under check.
Moreover, the increasing presence of online retailers will drive product sales in the region. For instance, Covet House offers a wide range of storage furniture for kids online. Its product offerings include bookcases, shelves, toy boxes, and bin units.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe kids storage furniture market , including forecasts for subscribers. This continent databook contains high-level insights into Europe kids storage furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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