Germany Kids Storage Furniture Market Size & Outlook
Germany kids storage furniture market, 2018-2030 (US$M)
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Germany kids storage furniture market highlights
- The Germany kids storage furniture market generated a revenue of USD 1,297.4 million in 2023 and is expected to reach USD 4,642.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 20% 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 1,297.4 million |
| Market revenue in 2030 | USD 4,642.4 million |
| Growth rate | 20% (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, Germany accounted for 10.3% 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 Europe, Germany kids storage furniture market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 3,436.0 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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Germany 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 31.75% in 2023. Horizon Databook has segmented the Germany 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.
Kids’ furniture is foreseen to witness a significant demand in the country owing to the favorable demographic factors such as rising disposable income and increasing birth rate. According to provisional results of the Federal Statistical Office (Destatis), 65,903 children were born in March 2021, which was a 6% rise from the births in February.
The last time more than 65,000 births were recorded in the country was March 1998. This increase in birth rate will bode well for the kids storage furniture market over the forecast period. The demand for foldable, smaller, and easy-to-move furniture is rising, owing to the reduction in home sizes. As a result, manufacturers focus on developing products that can be assembled and disassembled easily. These developments in kids furniture are anticipated to fuel the demand for kids furniture products.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany kids storage furniture market , including forecasts for subscribers. This country databook contains high-level insights into Germany kids storage furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany kids storage furniture market size, by type, 2018-2030 (US$M)
Germany Kids Storage Furniture Market Outlook Share, 2023 & 2030 (US$M)
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