U.S. Kids Storage Furniture Market Size & Outlook, 2023-2030
Global Market
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U.S. kids storage furniture market highlights
- The U.S. kids storage furniture market generated a revenue of USD 1,896.4 million in 2023 and is expected to reach USD 6,380.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 18.9% 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 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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 15.1% 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 North America, U.S. kids storage furniture market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5,659.5 million by 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.
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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 |
U.S. 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 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.
- U.S. Kids Storage Furniture Market Type Outlook (Revenue, USD Million , 2018-2030)
- Wardrobes
- Toy Storage
- Bookshelves
- Chests
- Boxes & Baskets
- Hooks & Hangers
- U.S. Kids Storage Furniture Market Material Outlook (Revenue, USD Million , 2018-2030)
- Wood
- Metal
- Plastic
- U.S. 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 U.S. Kids Storage Furniture Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Kids Storage Furniture Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.S. Kids Storage Furniture Market, 2018-2030 (US$M)
U.S. kids storage furniture market statistics, by type, 2018-2030 (US$M)
