Market revenue in 2023 | USD 4,135.2 million |
Market revenue in 2030 | USD 14,397.0 million |
Growth rate | 19.5% (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 31.77% in 2023. Horizon Databook has segmented the North 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.
An increase in the number of childcare or daycare service providers in North America is a key contributing factor to the demand for kids furniture. Moreover, the rise in on-site childcare services— supported by government initiatives to encourage working mothers—has also been contributing to the growth of the kid’s furniture market.
According to Childcare Aware Organization, between 2021 and 2022, the number of licensed childcare centers increased by approximately 3%. The number of licensed childcare centers returned to and surpassed pre-pandemic levels in 2022. This is anticipated to raise the demand for kids storage furniture in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America kids storage furniture market , including forecasts for subscribers. This continent databook contains high-level insights into North America kids storage furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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