Market revenue in 2023 | USD 197.5 million |
Market revenue in 2030 | USD 861.0 million |
Growth rate | 23.4% (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 30.99% in 2023. Horizon Databook has segmented the South Africa 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 kids storage furniture market in South Africa is propelled by the expansion efforts of international players. For instance, FLEXA, a furniture manufacturer based in Denmark, established its presence in South Africa in December 2020. The company offers products directly to consumers, as well as through its website.
FLEXA is committed to enhancing the lives of children in South Africa through its 'Giving Back' initiative, wherein a portion of its revenue is allocated to local community initiatives for kids. Such strategic moves contribute to market expansion and reflect a dedication to social responsibility within the South African community.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa kids storage furniture market , including forecasts for subscribers. This country databook contains high-level insights into South Africa kids storage furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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