DUBLIN – (COMMERCIAL THREAD)–The “Children’s Furniture Market by Type, Material, End User, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030” the report was added to ResearchAndMarkets.com offer.
Globally, increasing disposable income leads people to spend more on commodities.
An increasing middle class population with increasing disposable income is an important factor propelling the growth of the children’s furniture market. Improved lifestyles and increased purchasing power of consumers have resulted in increased spending on products related to children including, but not limited to, clothing, accessories and furniture.
Furniture is an integral part of the residential and commercial sectors to provide storage facilities and an aesthetic appearance to homes and offices. In recent years, consumers have spent considerable disposable income on children’s furniture, including high-end and imported home furnishings.
In addition, the increased propensity to spend on lifestyle and consumer products, driven by the increased ease of financing for interior design products, has propelled the market growth.
Online sales channels are the future of the retail industry. Many brands put their businesses and products online. The online sale of children’s furniture has increased especially during the COVID-19 period.
The shift in consumer behavior towards purchasing their necessities online will continue even after the end of the pandemic. The ease of selection, purchase and home delivery is what attracts consumers to online channels.
Another advantage of the online channel is the virtual elimination of geographic borders. A company in the United States can ship its products to a customer in India. This convenience and the increased availability of options to choose from are attracting customers to online channels, creating new market opportunities for engaged stakeholders.
The global children’s furniture market is segmented on the basis of type, material, end user, sales channel, and region.
Based on the type, it is divided into beds, cots and cradles, table and chair, wardrobe, chests of drawers and chests, and others. According to the material, it is classified into wood, polymer and metals.
By end user, it is divided into residential and commercial. By sales channel, it is categorized into offline channels and online channels. In addition, it includes revenue generated from sales of children’s furniture in North America, Europe, Asia-Pacific and to LAMEA.
Some of the major players presented in the analysis of the children’s furniture market include:
Cosmoplast LLC Industrial Company
Inter IKEA Systems BV
Pil Italica Lifestyle
Sauder carpentry company
Sleep number company
Definition and scope of the market
Porter’s Five Forces Analysis
Bargaining power of suppliers
The bargaining power of buyers
Threat of substitution
The threat of new participants
Intensity of competitive rivalry
Parent market overview
Increasing Spending For Products Associated With Children Stimulates Market Demand
Rapid increase in urban population to stimulate furniture sales.
Increased advertising through social media and digital marketing to raise awareness in the market
Raising the prices of raw materials to curb the growth of the market.
Negative impact of furniture on the environment.
Increased popularity of online shopping to provide new market opportunities.
Using 3D printers for children’s furniture
Impact on the consumer goods sector:
Impact on the children’s furniture market:
Supply chain analysis
Main importers of furniture
Main furniture exporters
Industry life cycle analysis, by region
Analysis of the geographic concentration of players
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