North America Kids Furniture Market Size & Outlook
The kids furniture market in North America is expected to reach a projected revenue of US$ 57,496.9 million by 2030. A compound annual growth rate of 17.9% is expected of North America kids furniture market from 2022 to 2030.
Williams-Sonoma Inc, Wayfair Inc Class A, Billion Dollar Boy, Blu Dot, FirstCry, KidKraft, Crate & Barrel
Other key industry trends
In terms of revenue, North America region accounted for 33.7% of the global kids furniture market in 2021.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
MEA is the fastest growing regional market and is projected to reach USD 13,174.8 million by 2030.
An increase in the number of childcare or day care 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 kids furniture market.
According to a report by Child Care Aware of America titled ‘Parents and the High Cost of Child Care’ released in 2019, child care expenditure comprises a major part of a family’s budget. To address this problem, the Child Care Development Block Grant (CCDBG) was granted additional funding worth USD 5.3 billion in 2019.
The rising trend of employers offering onsite or near-site childcare facilities for their employees is expected to drive the demand for kids’ furniture over the forecast period. Furthermore, there is increase in the number of daycare and early education centers across North America as the demand for early education has been growing at a rapid pace.
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 33.38% in 2021.
Horizon Databook has segmented the North America 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.
An increase in the number of childcare or day care 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 kids furniture market.
According to a report by Child Care Aware of America titled ‘Parents and the High Cost of Child Care’ released in 2019, child care expenditure comprises a major part of a family’s budget. To address this problem, the Child Care Development Block Grant (CCDBG) was granted additional funding worth USD 5.3 billion in 2019.
The rising trend of employers offering onsite or near-site childcare facilities for their employees is expected to drive the demand for kids’ furniture over the forecast period. Furthermore, there is increase in the number of daycare and early education centers across North America as the demand for early education has been growing at a rapid pace.
North America Kids Furniture Market Product Outlook (Revenue, USD Million , 2017-2030)
Beds, Cots & Cribs
Table & Chair
Cabinets, Dressers & Chests
Mattresses
Others
North America Kids Furniture Market Raw Material Outlook (Revenue, USD Million , 2017-2030)
Wood
Polymer
Metal
North America Kids Furniture Market Application Outlook (Revenue, USD Million , 2017-2030)
Commercial
Household
North America Kids Furniture Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
Online
Offline
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Kids Furniture Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Kids Furniture Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
North America Kids Furniture Market, 2017-2030 (US$M)