The Asia Pacific Kids Storage Furniture Market would witness market growth of 18.3% CAGR during the forecast period (2022-2028).
Leading manufacturers prioritize expanding their product portfolios by introducing numerous new goods. As COVID-19 began to spread, government agencies urged residents to spend as much time as possible at home. Consequently, schools were closed for greater periods and adopted a paradigm of remote learning. As a result, people grew more conscientious of their household spaces, ensuring sufficient space for children to study, play, etc.
This created new opportunities for the utilization of children's furniture. The demand for these products in the household category is driven by manufacturers producing items that help create an appropriate atmosphere for working, studying, sleeping, playing, or unwinding. As a consequence of increasing real estate prices, the size of houses and children's rooms are expected to alter, creating growth opportunities for firms that provide lightweight, easy-to-assemble, and portable furniture for children's rooms.
In addition, the rising number of renovation projects has increased expenditures for playrooms, baby rooms, and study rooms. Furthermore, parents are introducing multifunctional furniture to store clothing, books, toys, etc., in a single location. These trends are anticipated to further stimulate industrial expansion. In addition, there has been an increasing market preference for 3D-printed furniture.
China's rapid economic growth has boosted people's awareness of their health and the environment by raising living standards. Chinese parents are becoming increasingly aware of the significance of eco-friendly and environmentally sustainable products for their children's development. Chinese customers prefer solid wood as the primary raw material for kids' furniture. From the perspective of Chinese consumers, eco-friendly furniture has the following essential features the use of natural, non-toxic, & odorless materials, acceptance of environmental certification, as well as confirmation of the wood's legal origin. Therefore, as the disposable income of people of this increases due to urbanization and the rapidly growing economy, it propels the demand for convenient products. Hence, the regional kids' storage furniture market will grow significantly in the coming years.
The China market dominated the Asia Pacific Toy Storage Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $177.3 Million by 2028.The Japan market is estimated to grow a CAGR of 18.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 20.3% during (2022 - 2028).
Based on Material, the market is segmented into Wood, Metal and Plastic. Based on Distribution Channel, the market is segmented into Offline and Online. Based on Type, the market is segmented into Bookshelves, Chests, Wardrobes, Boxes & Baskets, Hooks & Hangers and Toy Storage. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Kids Storage Furniture Market is Projected to reach USD 28.6 Billion by 2028, at a CAGR of 17.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Crate and Barrel (Otto Group), Wayfair Inc., Williams-Sonoma, Inc., Million Dollar Baby Co., Blu Dot Design & Manufacturing, Inc., KidKraft Inc., Sorelle Furniture (C&T International), Circu Magical Furniture, Casa Collection Design Inc, and FirstCry.com (BrainBees Solutions Pvt. Ltd.)
Scope of the Study
Market Segments Covered in the Report:
By Material
By Distribution Channel
By Type
- Bookshelves
- Chests
- Wardrobes
- Boxes & Baskets
- Hooks & Hangers
- Toy Storage
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Crate and Barrel (Otto Group)
- Wayfair Inc.
- Williams-Sonoma, Inc.
- Million Dollar Baby Co.
- Blu Dot Design & Manufacturing, Inc.
- KidKraft Inc.
- Sorelle Furniture (C&T International)
- Circu Magical Furniture
- Casa Collection Design Inc
- FirstCry.com (BrainBees Solutions Pvt. Ltd.)
TABLE 1 Asia Pacific Kids Storage Furniture Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Kids Storage Furniture Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Kids Storage Furniture Market by Material, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Kids Storage Furniture Market by Material, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Wood Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Wood Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Metal Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Metal Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Plastic Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Plastic Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Kids Storage Furniture Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Kids Storage Furniture Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Offline Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Offline Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Online Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Online Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Kids Storage Furniture Market by Type, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Kids Storage Furniture Market by Type, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Bookshelves Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Bookshelves Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Chests Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Chests Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Wardrobes Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Wardrobes Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Boxes & Baskets Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Boxes & Baskets Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Hooks & Hangers Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Hooks & Hangers Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Toy Storage Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Toy Storage Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Kids Storage Furniture Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Kids Storage Furniture Market by Country, 2022 - 2028, USD Million
TABLE 33 China Kids Storage Furniture Market, 2018 - 2021, USD Million
TABLE 34 China Kids Storage Furniture Market, 2022 - 2028, USD Million
TABLE 35 China Kids Storage Furniture Market by Material, 2018 - 2021, USD Million
TABLE 36 China Kids Storage Furniture Market by Material, 2022 - 2028, USD Million
TABLE 37 China Kids Storage Furniture Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 China Kids Storage Furniture Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 China Kids Storage Furniture Market by Type, 2018 - 2021, USD Million
TABLE 40 China Kids Storage Furniture Market by Type, 2022 - 2028, USD Million
TABLE 41 Japan Kids Storage Furniture Market, 2018 - 2021, USD Million
TABLE 42 Japan Kids Storage Furniture Market, 2022 - 2028, USD Million
TABLE 43 Japan Kids Storage Furniture Market by Material, 2018 - 2021, USD Million
TABLE 44 Japan Kids Storage Furniture Market by Material, 2022 - 2028, USD Million
TABLE 45 Japan Kids Storage Furniture Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 Japan Kids Storage Furniture Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 Japan Kids Storage Furniture Market by Type, 2018 - 2021, USD Million
TABLE 48 Japan Kids Storage Furniture Market by Type, 2022 - 2028, USD Million
TABLE 49 India Kids Storage Furniture Market, 2018 - 2021, USD Million
TABLE 50 India Kids Storage Furniture Market, 2022 - 2028, USD Million
TABLE 51 India Kids Storage Furniture Market by Material, 2018 - 2021, USD Million
TABLE 52 India Kids Storage Furniture Market by Material, 2022 - 2028, USD Million
TABLE 53 India Kids Storage Furniture Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 India Kids Storage Furniture Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 India Kids Storage Furniture Market by Type, 2018 - 2021, USD Million
TABLE 56 India Kids Storage Furniture Market by Type, 2022 - 2028, USD Million
TABLE 57 South Korea Kids Storage Furniture Market, 2018 - 2021, USD Million
TABLE 58 South Korea Kids Storage Furniture Market, 2022 - 2028, USD Million
TABLE 59 South Korea Kids Storage Furniture Market by Material, 2018 - 2021, USD Million
TABLE 60 South Korea Kids Storage Furniture Market by Material, 2022 - 2028, USD Million
TABLE 61 South Korea Kids Storage Furniture Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 South Korea Kids Storage Furniture Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 South Korea Kids Storage Furniture Market by Type, 2018 - 2021, USD Million
TABLE 64 South Korea Kids Storage Furniture Market by Type, 2022 - 2028, USD Million
TABLE 65 Singapore Kids Storage Furniture Market, 2018 - 2021, USD Million
TABLE 66 Singapore Kids Storage Furniture Market, 2022 - 2028, USD Million
TABLE 67 Singapore Kids Storage Furniture Market by Material, 2018 - 2021, USD Million
TABLE 68 Singapore Kids Storage Furniture Market by Material, 2022 - 2028, USD Million
TABLE 69 Singapore Kids Storage Furniture Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Singapore Kids Storage Furniture Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Singapore Kids Storage Furniture Market by Type, 2018 - 2021, USD Million
TABLE 72 Singapore Kids Storage Furniture Market by Type, 2022 - 2028, USD Million
TABLE 73 Malaysia Kids Storage Furniture Market, 2018 - 2021, USD Million
TABLE 74 Malaysia Kids Storage Furniture Market, 2022 - 2028, USD Million
TABLE 75 Malaysia Kids Storage Furniture Market by Material, 2018 - 2021, USD Million
TABLE 76 Malaysia Kids Storage Furniture Market by Material, 2022 - 2028, USD Million
TABLE 77 Malaysia Kids Storage Furniture Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Malaysia Kids Storage Furniture Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 Malaysia Kids Storage Furniture Market by Type, 2018 - 2021, USD Million
TABLE 80 Malaysia Kids Storage Furniture Market by Type, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Kids Storage Furniture Market, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Kids Storage Furniture Market, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Kids Storage Furniture Market by Material, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Kids Storage Furniture Market by Material, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Kids Storage Furniture Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Kids Storage Furniture Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Kids Storage Furniture Market by Type, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Kids Storage Furniture Market by Type, 2022 - 2028, USD Million
TABLE 89 Key Information – Crate and Barrel
TABLE 90 Key Information – Wayfair Inc.
TABLE 91 Key Information – Williams-Sonoma, Inc.
TABLE 92 Key Information – Million Dollar Baby Co.
TABLE 93 Key Information – Blu Dot Design & Manufacturing, Inc.
TABLE 94 Key Information – KidKraft Inc.
TABLE 95 Key Information – Sorelle Furniture
TABLE 96 Key Information – Circu Magical Furniture
TABLE 97 Key Information – Casa Collection Design Inc
TABLE 98 Key Information – FirstCry.com
List of Figures
FIG 1 Methodology for the research