Market revenue in 2023 | USD 258.7 million |
Market revenue in 2030 | USD 870.2 million |
Growth rate | 18.9% (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 |
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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 29.49% in 2023. Horizon Databook has segmented the Japan 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 increasing demand for kids storage furniture in Japan is driven by the growing awareness among parents regarding the significance of well-designed and safe furniture for their children. This trend aligns with a broader movement toward optimizing living spaces in urban environments. Responding to this demand, Nitori Holdings, a Japanese furniture retailer, announced in 2020 that it would invest up to USD 1.92 billion over the next five years to establish an in-house logistics chain managed online.
This strategic move aims to enhance operational efficiency by reducing shipping times for customers. With plans to construct its logistics facilities, Nitori aims to replace rented hubs, spanning approximately 500,000 sq. meters, enabling centralized inventory tracking across stores, transportation hubs, and production facilities.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan kids storage furniture market , including forecasts for subscribers. This country databook contains high-level insights into Japan kids storage furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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