South Africa Kids Storage Furniture Market Size & Outlook
Global Market
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South Africa kids storage furniture market highlights
- The South Africa kids storage furniture market generated a revenue of USD 197.5 million in 2023 and is expected to reach USD 861.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 23.4% from 2024 to 2030.
- In terms of segment, bookshelves was the largest revenue generating type in 2023.
- Wardrobes is the most lucrative type segment registering the fastest growth during the forecast period.
Kids storage furniture market data book summary
| 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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.6% of the global kids storage furniture market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa kids storage furniture market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 861.0 million by 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.
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Kids Storage Furniture Market Scope
Kids Storage 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 |
| 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 |
| Million Dollar Baby | View profile | 101-250 | Pico Rivera, California, United States, North America | www.milliondollarbabyco.com |
South Africa Kids Storage 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 Storage Furniture Market Outlook 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.
- South Africa Kids Storage Furniture Market Type Outlook (Revenue, USD Million , 2018-2030)
- Wardrobes
- Toy Storage
- Bookshelves
- Chests
- Boxes & Baskets
- Hooks & Hangers
- South Africa Kids Storage Furniture Market Material Outlook (Revenue, USD Million , 2018-2030)
- Wood
- Metal
- Plastic
- South Africa Kids Storage Furniture Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Online
- Offline
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa Kids Storage Furniture Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Kids Storage Furniture Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Africa Kids Storage Furniture Market, 2018-2030 (US$M)
South Africa kids storage furniture market statistics, by type, 2018-2030 (US$M)
