China Kids Furniture Market Size & Outlook, 2021-2030
China Kids Furniture Market, 2017-2030 (US$M)
Global Market
Related Markets
China kids furniture market highlights
- The China kids furniture market generated a revenue of USD 1,884.1 million in 2021 and is expected to reach USD 8,469.5 million by 2030.
- The China market is expected to grow at a CAGR of 18.2% from 2022 to 2030.
- In terms of segment, beds, cots & cribs was the largest revenue generating product in 2021.
- Mattresses is the most lucrative product segment registering the fastest growth during the forecast period.
Kids furniture market data book summary
| Market revenue in 2021 | USD 1,884.1 million |
| Market revenue in 2030 | USD 8,469.5 million |
| Growth rate | 18.2% (CAGR from 2021 to 2030) |
| Largest segment | Beds, cots & cribs |
| Fastest growing segment | Mattresses |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Beds, Cots & Cribs, Table & Chair, Cabinets, Dressers & Chests, Mattresses |
| Key market players worldwide | Williams-Sonoma Inc, Wayfair Inc Class A, Billion Dollar Boy, Blu Dot, FirstCry, KidKraft, Crate & Barrel |
Other key industry trends
- In terms of revenue, China accounted for 4.9% of the global kids furniture market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China kids furniture market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,784.1 million by 2030.
Improving birth rates in the country is one of the primary factors driving the demand for kids’ furniture. In October 2015, the Chinese government announced its plans to abolish the one-child policy, allowing all families to have two children.
This need “to improve the balanced development of population” was an apparent reference to the country's skewed female-to-male sex ratio and to deal with an increasingly aging population. On May 31, 2021, fueled by the declining birth rate and population growth, China's government further relaxed these restrictions, allowing families up to three children. These relaxations bode well for the kids furniture market.
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Kids Furniture Market Scope
Kids Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Williams-Sonoma Inc | View profile | 19,300 | 3250 Van Ness Avenue, San Francisco, CA, United States, 94109 | www.williams-sonomainc.com |
| Wayfair Inc Class A | View profile | 14,400 | 4 Copley Place, Boston, MA, United States, 02116 | www.wayfair.com |
| Billion Dollar Boy | View profile | 101-250 | London, England, United Kingdom, Europe | www.billiondollarboy.com/ |
| Blu Dot | View profile | 51-100 | Minneapolis, Minnesota, United States, North America | www.bludot.com |
| FirstCry | View profile | 1001-5000 | Pune, Maharashtra, India, Asia | www.firstcry.com |
| KidKraft | View profile | 251-500 | Dallas, Texas, United States, North America | www.kidkraft.com/ |
| Crate & Barrel | View profile | 10001+ | Naperville, Illinois, United States, North America | crateandbarrel.com |
| Casa Kids | View profile | 1-10 | Brooklyn, New York, United States, North America | casakids.com |
China Kids Furniture Market Outlook
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 Furniture Market Outlook will help companies and investors design strategic landscapes.
Beds, Cots & Cribs was the largest segment with a revenue share of 32.67% in 2021.
Horizon Databook has segmented the China kids furniture market based on beds, cots & cribs, table & chair, cabinets, dressers & chests, mattresses covering the revenue growth of each sub-segment from 2017 to 2030.
Improving birth rates in the country is one of the primary factors driving the demand for kids’ furniture. In October 2015, the Chinese government announced its plans to abolish the one-child policy, allowing all families to have two children.
This need “to improve the balanced development of population” was an apparent reference to the country's skewed female-to-male sex ratio and to deal with an increasingly aging population. On May 31, 2021, fueled by the declining birth rate and population growth, China's government further relaxed these restrictions, allowing families up to three children. These relaxations bode well for the kids furniture market.
- China Kids Furniture Market Product Outlook (Revenue, USD Million , 2017-2030)
- Beds, Cots & Cribs
- Table & Chair
- Cabinets, Dressers & Chests
- Mattresses
- Others
- China Kids Furniture Market Raw Material Outlook (Revenue, USD Million , 2017-2030)
- Wood
- Polymer
- Metal
- China Kids Furniture Market Application Outlook (Revenue, USD Million , 2017-2030)
- Commercial
- Household
- China Kids Furniture Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
- Online
- Offline
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Target buyers of Kids Furniture Market Outlook databook
- Our clientele includes a mix of Kids Furniture Market Outlook companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China Kids Furniture Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Kids Furniture Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
China Kids Furniture Market, 2017-2030 (US$M)
China kids furniture market statistics, by product, 2017-2030 (US$M)
