Consumer Goods

Kids Furniture Market Report Cover

Kids Furniture Market

Kids Furniture Market Report Cover

Kids Furniture Market Size, Share, Growth & Industry Analysis, By Type (Beds, Cots, & Cribs, Table & Chair, Cabinets, Dressers, & Chests, Mattresses, Others), By Material (Wood, Polymer, Metal), By Distribution Channel (Offline, Online) and Regional Analysis, 2024-2031

Author : Ashim L.

Pages : 120

Base Year : 2023

Release : May 2024

Report ID: KR716

Kids Furniture Market size

Global Kids Furniture Market size was recorded at USD 50.29 billion in 2023, which is estimated to be at USD 58.01 billion in 2024 and projected to reach USD 180.04 billion by 2031, growing at a CAGR of 17.56% from 2024 to 2031. In the scope of work, the report includes products offered by companies such as Ashley Global Retail, LLC, Dream On Me, Graco Children’s Products Inc., Inter IKEA Systems B.V, KidKraft, LegareFurniture, Milliard Brands, Otto Group, Sorelle Furniture., Summer Infant (USA), Inc., and others.

The expansion of the kids furniture market is propelled by the growing emphasis on child development and well-being, which is contributing to the rising demand for ergonomic and safe furniture designs. Additionally, the rising economies in the developing regions are resulting in increasing disposable incomes, leading to higher spending on premium and customized furniture for children.

Moreover, the evolving consumer preferences toward aesthetically pleasing yet functional furniture have fueled innovation and product diversification in the market. Furthermore, advancements in technology, such as interactive and smart furniture options, are attracting parents who are seeking enhanced learning and engagement experiences for their children.

The kids furniture market encompasses a wide range of products designed to cater to the unique needs and preferences of children across different age groups. The market is characterized by intense competition among key players striving to offer innovative designs, eco-friendly materials, and customizable solutions to attract discerning parents. Online retail channels have gained prominence, offering convenience and a diverse product range. Factors such as safety certifications, durability, and aesthetic appeal heavily influence purchasing decisions in this market segment.

The kids' furniture market refers to the segment of the furniture industry dedicated to designing, manufacturing, and selling furniture specifically tailored for children's use. This includes furniture items such as beds, desks, chairs, storage units, and playroom accessories designed with a major focus on safety, comfort, and functionality. The market caters to various age groups, from infants to teenagers, by offering designs and sizes tailored to their respective ages. Durability, safety standards compliance, ergonomic features, and aesthetic appeal are some key considerations prioritized by manufacturers in this market.

Analyst’s Review 

Manufacturers are strategically focusing on several strategies such as incorporating sustainable materials, innovative designs, and interactive features to meet evolving consumer demands in the kids furniture market. Additionally, they are introducing new products such as convertible beds, eco-friendly cribs, and tech-integrated desks to enhance market competitiveness and cater to diverse customer preferences. These initiatives reflect a proactive approach aimed at fostering growth and innovation in the industry.

Kids Furniture Market Growth Factors

The increasing awareness and prioritization of sustainable practices is a key factor supporting market growth. Consumers, especially parents, have become more conscious of environmental impact and are actively seeking eco-friendly furniture options for their children. This is prompting manufacturers and retailers to develop and promote sustainable materials and production methods. Companies that invest in eco-friendly initiatives, such as using recycled materials, promoting energy efficiency, and adopting environmentally responsible practices, are gaining a competitive edge and attracting environmentally conscious consumers.

The balance between safety standards and design innovation presents a significant challenge to market development. Stricter safety regulations and standards often limit the creative freedom of designers and manufacturers, leading to generic and less appealing furniture designs. To overcome this challenge, industry players are focusing on collaborative efforts with safety regulatory bodies to develop flexible guidelines aimed at ensuring safety without impeding creativity.

Additionally, investment in research and development for innovative materials and design techniques is helping create furniture that meets safety standards while offering unique and attractive designs, thus appealing to a wider consumer base.

Kids Furniture Market Trends

The notable shift toward multifunctional and space-saving designs is a key trend that has resulted in increasing emphasis on the efficient use of space in homes. This trend is leading parents to opt for furniture that serves multiple purposes and can be easily transformed to adapt to changing needs.

Moreover, this is fostering innovation in convertible furniture solutions such as bunk beds with storage compartments, modular desks with adjustable heights, and collapsible play tables. Manufacturers are responding to this demand by designing versatile furniture pieces that maximize functionality while maintaining style or safety, thereby catering to the evolving needs of modern families.

The integration of technology and interactive features into furniture designs is aiding the expansion of the market. The advent of the digital age is influencing children's play and learning experiences, resulting in a growing demand for furniture that incorporates elements such as built-in charging stations, LED lighting, touchscreen interfaces, and augmented reality features. This aligns with parents' desire to provide their children with tech-enhanced environments that stimulate creativity, learning, and entertainment.

Furniture companies are leveraging technology partnerships and design expertise to create innovative and engaging products that blend seamlessly into contemporary living spaces while enhancing children's interactions and experiences.

Segmentation Analysis

The global kids furniture market is segmented based on type, material, distribution channel, and geography.

By Type

Based on type, the market is categorized into beds, cots, & cribs, table & chair, cabinets, dressers, & chests, mattresses, and others. The beds, cots & cribs segment led the market in 2023, reaching a valuation of USD 19.95 billion. This expansion is primarily fueled by the increasing focus on child safety and comfort among parents. These essential furniture items are crucial for creating a secure and comfortable sleeping environment for infants and young children.

Additionally, advancements in design and materials have led to the development of innovative and feature-rich cribs and cots that cater to specific needs such as adjustable heights, convertible options, and enhanced safety features. The increasing demand for beds, cots, and cribs that combine aesthetic appeal with functionality is significantly contributing to the growth of this segment.

By Material

Based on material, the market is classified into wood, polymer, and metal. The polymer segment is poised to experience significant growth at a CAGR of 18.01% through the forecast period. Polymer materials offer a range of advantages such as durability, lightweight construction, easy maintenance, and versatility in design. The growing preference for eco-friendly and sustainable materials further augments the increasing adoption of polymer-based kids' furniture. Furthermore, advancements in polymer technology have resulted in innovative designs, offering a wide array of vibrant color options, and customization possibilities, thereby appealing to both parents and children.

By Distribution Channel

Based on distribution channel, the market is divided into offline and online. The offline segment secured the largest revenue share of 75.45% in 2023. This dominance is mainly fostered by to parental preference for offline channels, which allow them to physically assess product quality, test functionality, and receive personalized assistance from sales representatives. Furthermore, the offline retail experience offers a sense of immediacy and convenience, especially for bulky items such as furniture.

Additionally, offline stores often provide installation services, warranties, and after-sales support, thereby enhancing the overall customer experience. Although online channels are growing in popularity, the established trust and convenience associated with offline stores continue to drive the growth of the segment.

Kids Furniture Market Regional Analysis

Based on region, the global kids furniture market is classified into North America, Europe, Asia-Pacific, MEA, and Latin America.

Kids Furniture Market Size & Share, By Region, 2024-2031

The North America Kids Furniture Market share stood around 32.45% in 2023 in the global market, with a valuation of USD 16.32 billion. The region's dominance in the kids' furniture market is attributed to several factors such as a developed economy and high disposable income levels, which enable parents to invest in premium and customized furniture for their children.

Additionally, there is growing awareness regarding child development and safety standards, leading to increased demand for high-quality and innovative furniture solutions. Moreover, the presence of established furniture manufacturers, retail chains, and e-commerce platforms that offer diverse product ranges contribute to the North America kids furniture market growth.

Asia-Pacific is projected to observe significant growth over the forecast period and is estimated to hold approximately 26.95% of the market share in 2031. This robust growth is bolstered by the region's rapidly expanding population, particularly in emerging economies such as China and India. This expansion presents a large consumer base for kid's furniture products. Rapid urbanization and changing lifestyles are further leading to increased demand for modern and functional furniture solutions for children.

Furthermore, growing awareness regarding child safety, coupled with rising disposable incomes in urban areas, fuels the adoption of premium and technologically advanced kids furniture. These factors, combined with a favorable regulatory environment and increasing investments in the furniture sector, position Asia-Pacific for significant growth over the forecast period.

Competitive Landscape

The global kids furniture market study will provide valuable insight with an emphasis on the fragmented nature of the industry. Prominent players are focusing on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their market shares across different regions. Manufacturers are adopting a range of strategic initiatives, including investments in R&D activities, the establishment of new manufacturing facilities, and supply chain optimization, to strengthen their market standing.

List of Key Companies in Kids Furniture Market

  • Ashley Global Retail, LLC
  • Dream On Me
  • Graco Children’s Products Inc.
  • Inter IKEA Systems B.V
  • KidKraft 
  • LegareFurniture
  • Milliard Brands
  • Otto Group
  • Sorelle Furniture.
  • Summer Infant (USA), Inc.

Key Industry Developments 

  • April 2024 (Expansion): N. Joshi & Sons Co. Pvt. Ltd. inaugurated its new 4,900 square foot Ashley Furniture HomeStore showroom in Teku, Kathmandu, Nepal, marking their debut in Nepal and the country's first Ashley Furniture HomeStore. This opening contributes to the expansion of Ashley Furniture HomeStore's global network of over 1,125 stores.

The Global Kids Furniture Market is Segmented as:

By Type

  • Beds, Cots, & Cribs
  • Table & Chair
  • Cabinets, Dressers, & Chests
  • Mattresses
  • Others

By Material

  • Wood
  • Polymer
  • Metal

By Distribution Channel

  • Offline
  • Online

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • U.K.
    • Spain
    • Germany
    • Italy
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Middle East & Africa
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Check Icon Additional Company Profiles
  • Check Icon Additional Countries
  • Check Icon Cross Segment Analysis
  • Check Icon Regional Market Dynamics
  • Check Icon Country-Level Trend Analysis
  • Check Icon Competitive Landscape Customization
  • Check Icon Extended Forecast Years
  • Check Icon Historical Data Up to 5 Years
Frequently Asked Questions (FAQ's)
The global market is projected to reach USD 180.04 billion by 2031, growing at a CAGR of 17.56% from 2024 to 2031.
The global market was valued at USD 50.29 billion in 2023.
The growth of the global market is driven by increasing parental focus on safety and comfort, rising disposable incomes, and technological advancements showcasing diverse furniture options.
Top manufacturers in the kids furniture are Ashley Global Retail, LLC, Dream On Me, Graco Children’s Products Inc., Inter IKEA Systems B.V, KidKraft, LegareFurniture, Milliard Brands, Otto Group, Sorelle Furniture., Summer Infant (USA), Inc., and others.
Asia-Pacific is the fastest growing region with the CAGR of 19.37% in the forecast period (2024-2031) with the market value forecast to reach at USD 48.53 billion in 2031.
By type, beds cots & cribs will hold the maximum share in the kids furniture market with the revenue value of USD 69.55 billion in 2031.
Get the latest!

Get actionable strategies to empower your business and market domination

  • Deliver Revenue Impact
  • Demand Supply Patterns
  • Market Estimation
  • Real-Time Insights
  • Market Intelligence
  • Lucrative Growth Opportunities
  • Micro & Macro Economic Factors
  • Futuristic Market Solutions
  • Revenue-Driven Results
  • Innovative Thought Leadership