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Global Kids Furniture Market it is Expected to Reach More than US$ 41.07 Bn by 2027

GlobalKids Furniture Market Industry Trends, Opportunities, Estimation & Forecast, 2019-2027

The global demand for Kid’s furniture is rising as they are a small accessories utilized for performing a particular function. There are various furniture’s present in the markets that are exclusively designed for children. Generally purchased for kids furnishings constitutes of cribs, tables, chairs, bed, and cloth organizers. This furniture’s are available in playful color combination & textures and are designed in such a way that they are easily accessible, safe and comfortable.

As per report of the U.N every minute approximately 250 babies are born and every year the numbers of the newborn are approximately 130 million. Parents are prioritizing their purchasing’s for the best furniture products of children that are comfortable, safe and easily accessible. The new born children are increasing in Asia and Africa region and are increasing at a rapid rate. Currently both the parents are working and are having greater disposable income that is most of the savings are for their kids.

Global Kids Furniture Market was Valued at US$ xx Bn in 2018 and it is Expected to Reach More than US$ 41.07 Bn by 2027, Likely to Grow with the CAGR of 4.9% During the Forecast Period

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Innovative kid’s furniture products are being highly demanded by the customers globally. It is by an increased advantages associated with it that could take proper care of kids and offer greater comfort. The companies offering innovative kids furniture products also being involved in the research and development in order to enhance the comfort to kids and caretakers globally.

The Asia Pacific region is dominating the market of kid’s furnishings because of an increase in the birth rate in this region. Especially the countries such as India and china are consistently being improving their technological adoption that is boosting kids furnishing market for an enhanced performance.

Competitive Landscape:

The market is highly fragmented and constitutes of numerous market players who could cater various requirements of the customers globally in kids furnishings market. The market constitute of various small and large players offering kids furnishings to the prospective customers.

Prominent players offering kids furnishings are listed as following: Godrej & Boyce Manufacturing Company Limited, IKEA India Private Limited, Durian Industries Limited, Nilkamal Limited, Damro Furniture Private Limited, Forte Furniture Products Private Limited, Haworth India Private Limited, Featherlite Office Systems Pvt. Ltd.Dynasty Modular Furniture Pvt. Ltd., First Cry.

Impact of COVID-19 on Economy, Industry and Company 

The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.

At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.

Areas at which Bizizz Market Research would help decision makers are:

a) Insights on current demand & supply gap analysis

b) Impact on value chain and supply chain and strategies adopted to off set its impact           

c) Impact on Industry / company revenue and predictive intelligence on forecast sales

d) In-depth analysis on market segmentation – both value and volume analysis

e) Market assessment, regional and country attractiveness, competitive benchmarking                         
    and entry strategy

f) Prioritizing strategies and how it would impact company’s short to long-term business
    outlook 

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