Report ID: SQMIG30L2116
Report ID:
SQMIG30L2116 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
88 |
Figures:
76
Global Kids Storage Furniture Market size was valued at USD 10.86 Billion in 2022 and is poised to grow from USD 13.06 Billion in 2023 to USD 57.31 Billion by 2031, at a CAGR of 20.30% during the forecast period (2024-2031).
Kids storage furniture is designed to help keep children's rooms organized and tidy. These pieces of furniture are typically designed with child-friendly features such as bright colors, fun shapes, and easy-to-use drawers and compartments. Some popular types of kid’s storage furniture include toy chests, bookcases, and cubbies. When choosing kids storage furniture, it is important to consider factors such as durability, safety, and the amount of storage space needed. The increasing cost of homes has led to a rise in home improvement and renovation projects rather than purchasing new properties. Homeowner equity has doubled due to the increase in property values, indicating a willingness among homeowners to invest in home improvement. As a result, the demand for home renovation project leads has risen. Manufacturers create products that provide a suitable environment for studying, working, playing, sleeping, or relaxing. As real estate prices continue to rise, there is expected to be an increase in spending on lightweight, portable, and easy-to-assemble furniture for children's rooms. Additionally, consumers are increasingly interested in 3D-printed furniture that can be customized to their individual décor needs. The trend toward eco-friendly furniture is also growing in popularity among manufacturers and consumers.
US Kids Storage Furniture Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30L2116