Los Angeles, December 12, 2019 – QY Research recently published a report that delves into the future of the kids’ furniture market in the United States. The report is titled “United States Kids' Furniture Market Report 2019”. According to analysts, the United States kids’ furniture market is expected to be worth US$29562.88 mn by the end of 2025 from US$21157.56 mn in 2018. During the forecast years of 2019 and 2025, the market in question is projected to surge at a CAGR of 5.01%.
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Focus on Adding Meaning to Playroom Boosts Market
The growing demand for building meaningful playrooms has augmented the demand for kids’ furniture across the United States. This furniture is especially designed to meet the developmental needs of kids’ such recognizing patterns, building motor skills, understanding sounds and textures, and drawing appropriate associations to shapes. Growing number of playschools and new parents are investing in kids’ furniture that is intriguing, evocative, and interesting. Focus on holistic development of a child is the primary factor fueling the growth of this market in across the country.
Indispensable Nature of Chairs and Tables Augments Segment
Out of the various types of items available in the United States kids’ furniture market, the tables and chairs segment is projected to hold a dominant share. Lightweight and colourful, these items are indispensable in playrooms. In addition, uptake of these items in restaurants to make the space child-friendly is also expected to boost the segment during the forecast years.
Online Sales to Gain Momentum through Forecast Years
Kids’ furniture is sold via online or offline sales medium. Online sales applications include e-commerce sites, company websites, and social media accounts. Convenience of shopping through online sales channels is expected to push this segment on the top. Easy delivery and installation and safe payment methods are expected to support the segment’s growth through 2019 to 2025.
Some of the key players operating in the United States kids’ furniture market are Sleep Number, Crate & Barrel, Williams-Sonoma, Havertys, Ashley Furniture Industries, Samson holding, Ethan Allen, RH, Wayfair, American Signature, IKEA, La-z-Boys Furniture Galleries, and Dorel. Innovation will be the undercurrent for development for these companies in this branch of business. Entering new markets, such as IKEA’s entry in India, will be a fundamental outlook of these players in the forthcoming years. Catering to the needs of urban population in developing economies of India and China will also be a central trend for upping the game in an intensely competitive market.
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