Global Baby Furniture Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global baby furniture market is projected to grow at a CAGR of 5.80% between 2023 and 2028. Aided by the rising demand for wooden baby furniture and improved standard of living, the market is expected to grow significantly by 2028.
Baby furniture comprises various items such as cribs, bassinets, cots, highchairs, and changing tables designed specifically for infants and young children. It serves essential roles in ensuring the safety, comfort, and well-being of babies. Apart from its functional purposes, baby furniture also plays a key role in creating aesthetic and comfortable environments conducive to the development and growth of young children.
The rising consumer demand for safe and comfortable baby products is significant driver propelling the global baby furniture market growth. With increasing awareness about the importance of infant safety and comfort, there has been a significant shift towards high-quality baby furniture. Moreover, the growth in disposable income has led to an increase in spending on premium baby care products. These factors have led to a surge in the demand for baby furniture.
The expanding applications of baby furniture in different consumer segments also play a significant role in propelling the baby furniture market demand. In the residential segment, baby furniture is an essential component of nursery rooms. The hospitality industry, including hotels and resorts, utilises baby furniture to cater to guests with infants. Retail outlets and daycare centres also extensively use baby furniture.
Moreover, the burgeoning e-commerce industry has greatly influenced the baby furniture market development. With the convenience of online shopping, easy access to a wide range of products, and the availability of customer reviews, parents are increasingly opting for online purchases. This trend has led to an increased availability and sale of baby furniture online, further boosting market growth.
Furthermore, the evolving designs and aesthetics in baby furniture have also contributed to the baby furniture market expansion. With a rise in interior decoration trends and the popularity of themed nursery rooms, there is an increased demand for stylish and thematic baby furniture. The market is witnessing a surge in innovative designs that merge safety, comfort, and aesthetics.
Market Segmentation
The market can be divided based on material, product type, end-use, and region.
Market Breakup by Material
Market Breakup by Product Type
- Beds, Cots, and Cribs
- Mattresses
- Table and Chair
- Cabinets, Dressers, and Chests
- Others
Market Breakup by End Use
- Residential
- Commercial
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global baby furniture companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- KidKraft, Inc.
- Sorelle Furniture
- Casa Collection Design Inc
- Wayfair LLC
- Circu Magical Furniture
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.