Market revenue in 2023 | USD 1,175.5 million |
Market revenue in 2030 | USD 4,557.7 million |
Growth rate | 21.4% (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 30.42% in 2023. Horizon Databook has segmented the Latin America 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.
In Central & South America, there is a growing trend among consumers to prioritize home renovations, leading to increased expenditures on furniture. Unlike the age-old perception of furniture and home interiors as long-term investments, there is now a prevalent inclination to replace these products every few years.
This shift in consumer behavior is expected to drive the growth of the kids storage furniture market in the region. The popularity of wooden furniture in the region is primarily attributed to the easy availability of wood and the cost-effectiveness of reforestation. In addition, the rising demand for aesthetically appealing kids storage furniture has fueled the use of wood in the industry.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America kids storage furniture market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America kids storage furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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