Kids And Nursery Furniture Market Market Size (2024 - 2029)

The market size for kids and nursery furniture is projected to experience significant growth over the forecast period, driven by increasing disposable income and population in developing countries. This growth is further supported by a shift in consumer behavior towards home improvement projects due to rising home prices, which boosts the demand for such furniture. Additionally, the growing environmental concerns among consumers are prompting manufacturers to adopt sustainable practices, using non-toxic and recyclable materials, thereby expanding market opportunities.

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Market Size of Kids And Nursery Furniture Industry

Kids And Nursery Furniture Market Summary
Study Period 2020-2029
Market Size (2024) USD 45.25 Billion
Market Size (2029) USD 60.96 Billion
CAGR (2024 - 2029) 6.14 %
Fastest Growing Market Europe
Largest Market Asia

Major Players

Kids And Nursery Furniture Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Kids And Nursery Furniture Market Analysis

The Kids And Nursery Furniture Market size is estimated at USD 45.25 billion in 2024, and is expected to reach USD 60.96 billion by 2029, growing at a CAGR of 6.14% during the forecast period (2024-2029).

The rising per capita population and disposable income in developing nations boost the expansion of the kid's and nursery furniture market. Consumers with high levels of income spend money wisely to increase their standard of living and purchase efficient and adaptable consumer goods.

Due to the rising prices of homes, consumers are opting for more home improvement and remodeling projects rather than purchasing a new home. Since the growth of home values led to double home owner's equity, homeowners felt wealthier and accelerated to invest more in home improvement projects. This factor led to an increase in the demand for kids and nursery furniture.

The rising concern about the environment has increased the demand for items in the furniture industry that are sustainable and beneficial to the environment. Since there is a growing concern about the environment by consumers, manufacturers are using materials that are less dangerous to the environment and cause less damage to the world. This demand increased the opportunities for manufacturers, and they started using non-toxic paints and materials that could be recycled, which helped maintain sustainability.

Kids And Nursery Furniture Industry Segmentation

Kids and nursery furniture are furniture designed for kids, including cots, chairs, storage, rugs, lights, and decorative accessories. The kids and nursery furniture market is segmented into product, material, application, and geography. The market is segmented by product into beds, cots, cribs, and mattresses. The market is segmented by material: wood, polymer, and metal. By application, the market is segmented into commercial and household. The market is segmented by geography into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report offers market size and forecasts for the kids and nursery furniture market in value (USD) for all the above segments.

By Product Type
Beds
Cots
Cribs
Mattresses
By Material
Wood
Polymer
Metal
By Application
Commercial
Household
By Geography
North America
United States
Canada
Mexico
Rest of North America
Asia-Pacific Region
India
China
Japan
Australia
Rest of Asia Pacific Region
South America
Brazil
Argentina
Rest of South America
Europe
UK
Germany
Italy
Rest of Europe
Middle East & Africa
South Africa
UAE
Rest of Middle East & Africa
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Kids And Nursery Furniture Market Size Summary

The kids and nursery furniture market is experiencing significant growth, driven by increasing disposable incomes and a rising population in developing countries. Consumers are prioritizing home improvement projects over new home purchases due to rising home values, which has boosted the demand for kids and nursery furniture. Additionally, there is a growing emphasis on sustainability within the furniture industry, with manufacturers responding to consumer concerns by using eco-friendly and non-toxic materials. This shift towards environmentally conscious products has created new opportunities for manufacturers to innovate and meet the demand for furniture made from renewable resources.

In Europe, the market is expanding due to heightened demand for residential furniture and home renovations, particularly in Western European countries. The rise of online retail has further fueled sales, with consumers seeking ergonomically designed products that promote comfort and health. The market is highly competitive, with both international and regional players like Billion Dollar Baby Co., Wayfair Inc., and KidKraft adapting to changing consumer preferences by offering trendy and multifunctional designs. Recent initiatives by companies such as Ikea and LilGaea highlight the industry's focus on sustainability and innovative design, catering to the growing demand for safe and environmentally friendly children's furniture.

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Kids And Nursery Furniture Market Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Birth Rate Drives The Market

      2. 1.2.2 Rise In Disposable Income Of Parents Drives The Market

    3. 1.3 Market Restraints

      1. 1.3.1 Lack of Security Issues

      2. 1.3.2 Infrastructure and Space Limitations

    4. 1.4 Market Opportunities

      1. 1.4.1 Technological Advancement in Kids And Nursery Furniture Market

    5. 1.5 Industry Value Chain Analysis

    6. 1.6 Industry Attractiveness - Porters' Five Forces Analysis

      1. 1.6.1 Threat of New Entrants

      2. 1.6.2 Bargaining Power of Buyers

      3. 1.6.3 Bargaining Power of Suppliers

      4. 1.6.4 Threat of Substitutes

      5. 1.6.5 Intensity of Competitive Rivalry

    7. 1.7 Insights on Technological Innovation in the Market

      1. 1.7.1 The Integration Of Internet Of Things (IoT) Capabilities

    8. 1.8 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product Type

      1. 2.1.1 Beds

      2. 2.1.2 Cots

      3. 2.1.3 Cribs

      4. 2.1.4 Mattresses

    2. 2.2 By Material

      1. 2.2.1 Wood

      2. 2.2.2 Polymer

      3. 2.2.3 Metal

    3. 2.3 By Application

      1. 2.3.1 Commercial

      2. 2.3.2 Household

    4. 2.4 By Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

        4. 2.4.1.4 Rest of North America

      2. 2.4.2 Asia-Pacific Region

        1. 2.4.2.1 India

        2. 2.4.2.2 China

        3. 2.4.2.3 Japan

        4. 2.4.2.4 Australia

        5. 2.4.2.5 Rest of Asia Pacific Region

      3. 2.4.3 South America

        1. 2.4.3.1 Brazil

        2. 2.4.3.2 Argentina

        3. 2.4.3.3 Rest of South America

      4. 2.4.4 Europe

        1. 2.4.4.1 UK

        2. 2.4.4.2 Germany

        3. 2.4.4.3 Italy

        4. 2.4.4.4 Rest of Europe

      5. 2.4.5 Middle East & Africa

        1. 2.4.5.1 South Africa

        2. 2.4.5.2 UAE

        3. 2.4.5.3 Rest of Middle East & Africa

Kids And Nursery Furniture Market Market Size FAQs

The Kids And Nursery Furniture Market size is expected to reach USD 45.25 billion in 2024 and grow at a CAGR of 6.14% to reach USD 60.96 billion by 2029.

In 2024, the Kids And Nursery Furniture Market size is expected to reach USD 45.25 billion.

Kids And Nursery Furniture Market Report Snapshots

Kids And Nursery Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)