Childrens Furniture Market in the US 2016-2020

Outlook of the children’s furniture market in the US

In this market research report, Technavio’s analyst has estimated the children’s furniture market in the US to grow steadily at a CAGR of more than 4% during the forecast period. The rise in demand for multifunctional children’s furniture is one of the key growth drivers for this market. A sharp increase in real estate prices in the US has led to a considerable reduction in house sizes. With smaller rooms, consumers prefer children’s furniture items that are compact and easy-to-move with storage facilities. Most contemporary children’s furniture is available with storage spaces in tables, under beds, and in entertainment consoles. Moreover, consumers consider such multifunctional furniture as value for money which will lead to an augmented demand for children’s furniture in the coming years.

Factors like the growing preference for hand-crafted children’s furniture in the US to impel the prospects for market growth until the end of the forecast period. To cope with the increasing demand for handcrafted furniture, vendors are now partnering with local manufacturers for the supply of these products. For instance, Just Kids Stuff is a US-based manufacturer of hand-crafted furniture for children. With several companies like IKEA partnering with social enterprises to launch hand-crafted children’s furniture, the growth prospects of the children’s furniture market in the US will have a positive outlook over the forecast period.

Segmentation by age group and analysis of the children’s furniture market in the US

• Children aged 0-4 years
• Children aged 5-12 years