Market revenue in 2023 | USD 1,896.4 million |
Market revenue in 2030 | USD 6,380.8 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 31.84% in 2023. Horizon Databook has segmented the U.S. 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 kidss storage furniture sector is expected to experience notable growth in the U.S. due to favorable demographic trends, rising living standards, and the increasing popularity of dedicated kids spaces within homes. Millennials, particularly parents, are emerging as a key demographic in the market, showing a growing inclination towards premium and upscale children's furniture.
Moreover, millennial parents have become mindful of their long-term investments, often conducting thorough online research before making purchase decisions. An increasing number of young and millennial parents in the country is likely to favor the growth of the kid’s furniture market. According to the U.S. Census Bureau, the youngest millennials reached adulthood in 2020 and accounted for 28% of the U.S. population; they also accounted for 50% of the working population.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. kids storage furniture market , including forecasts for subscribers. This country databook contains high-level insights into U.S. kids storage furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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