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Taiwan Kids Furniture Market Size - By Product Type, By Material, By Price Range, By Age Group, By End Use Analysis, Share, Growth Forecast, 2024 - 2032

  • Report ID: GMI12116
  • Published Date: Nov 2024
  • Report Format: PDF

Taiwan Kids Furniture Market Size

The Taiwan kids furniture market was valued at USD 40.9 million in 2023 and is estimated to grow at a CAGR of over 7.4% from 2024 to 2032. Taiwan has seen a gradual increase in birth rates and family sizes, prompting a higher demand for children's furniture. As more families welcome new children, the need for age-appropriate furniture, such as cribs, beds, and study desks, grows. This trend is driving both new purchases and upgrades to existing children's furniture as families expand. There is an increasing awareness of the importance of creating conducive environments for child development.
 

Taiwan Kids Furniture Market

Parents are looking for furniture that not only meets practical needs but also supports learning and creativity. This includes multi-functional furniture that can adapt as children grow, such as adjustable desks and convertible beds, fostering both play and study. With urban living becoming more common in Taiwan, families often face space constraints in their homes. This situation drives demand for compact, space-saving furniture solutions, such as bunk beds, folding desks, and modular storage units.
 

Taiwan Kids Furniture Market Trends

Modular furniture for children, which adapts to their changing needs, is gaining popularity. Parents prefer multi-functional pieces like beds with storage and adjustable desks. This trend addresses urban space constraints and maximizes functionality. As ergonomic awareness grows, there's a rising demand for furniture that supports healthy posture, with ergonomic chairs and desks for children becoming more popular. Additionally, smart furniture with features like charging ports and built-in lighting is appealing to tech-savvy families, aligning with the increased use of digital devices in children's education and entertainment.
 

Taiwan Kids Furniture Market Analysis

Furniture that encourages creativity and play is becoming more popular, with items like playful chairs and themed beds enhancing children's rooms. This trend highlights the importance of play in child development. The rise of e-commerce is changing how families buy kids' furniture, offering convenience, variety, and competitive prices. Brands are improving online shopping with virtual showrooms and augmented reality tools.
 

Taiwan Kids Furniture Market Size, By Product Type, 2021 - 2032 (USD Million)

Based on product type, the bedroom furniture segment was worth around USD 15.4 million in 2023 and is estimated to grow at a CAGR of around 7.4% from 2024 to 2032. With many families living in urban areas with limited space, there is a growing need for bedroom furniture that maximizes functionality, such as beds with built-in storage or convertible furniture that adapts as children grow. An increase in birth rates and family sizes drives the demand for bedroom furniture. As more children enter households, parents seek age-appropriate beds, dressers, and storage solutions to accommodate their needs.
 

Taiwan Kids Furniture Market Revenue Share, By Material, (2023)

Based on the material, the wood segment held around 45% share of the Taiwan kids furniture market in 2023 and is anticipated to grow at a CAGR of 7.4% during 2024 to 2032.  Wooden furniture is favored for its natural beauty and warmth, making it a popular choice for parents looking to create a cozy and inviting environment for their children. The variety of finishes and styles available allows for customization to match home decor. Wood is known for its durability and strength, which makes it an ideal choice for kids’ furniture that can withstand wear and tear. Parents often see wooden furniture as a long-term investment, as it can last through multiple stages of a child’s development.
 

Taiwan Kids Furniture Market Share

Taiwan Kids Furniture Market Share Analysis, 2023

In 2023, key companies like A-Z Furniture, Baby Home, Bibo Kids, B&Q, Cozy Home, Dream House, Good Night, and IKEA held a combined market share of 10%-20%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
 

Companies are heavily investing in research and development to develop advanced power solutions that align with the industry's evolving demands, especially emphasizing sustainability and smart technologies. Competitive strategies frequently center on product differentiation, where manufacturers augment their offerings with distinctive features, and geographic expansion to penetrate emerging markets. In this dynamic environment, companies that adeptly innovate and respond to market trends are poised for the most significant growth.
 

Taiwan Kids Furniture Market Companies

Major players operating in the kids furniture industry are:

  • A-Z Furniture
  • Baby Home
  • Bibo Kids
  • B&Q
  • Cozy Home
  • Dream House
  • Good Night
  • IKEA
  • KUKA Home
  • Little Bear Furniture
  • Momo Shopping
  • PAPA Home
  • PChome
  • Ubon
  • Uni-Furniture
     

Taiwan Kids Furniture Industry News

  • In July 2023, Dream on Me Industries, a long-standing supplier of cribs, strollers, and other baby products to Buy Baby, acquired the intellectual property of Buy Buy Baby from its parent company, Bed Bath and Beyond, which was facing insolvency. Additionally, Dream on Me secured 11 leases from Buy Buy Baby, positioning itself favorably to reopen those locations.
     
  • In September 2022, H&M Home introduced a line of children's furnishings, available in both online and brick-and-mortar stores. Their children's tables boast features like pen holders, shelves, and hanging options.
     
  • In April 2021, West Elm launched a collection of over 200 latest items for children's furniture, prioritizing care and sustainability. West Elm Kids emphasizes "good design," upholds stringent safety standards, sources materials responsibly, and ensures ethical manufacturing practices.
     

This Taiwan kids furniture market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Thousand Units) from 2021 to 2032, for the following segments:

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Market, By Product Type

  • Bedroom furniture
    • Beds & trundles
    • Dressers & nightstands
    • Desks & desk chairs
    • Others 
  • Nursery furniture
    • Cribs & bassinets
    • Changing tables
    • Others (side tables etc.)
  • Playroom & study furniture
    • Toy storage
    • Play tables & chairs
    • Bookcases
    • Others (shelves and hooks etc.)
  • Others

Market, By Material

  • Wood
  • Plastic
  • Metal
  • Others

Market, By Price Range

  • Low
  • Medium
  • High

Market, By Age Group

  • Newborn & Infant
  • Toddler
  • Pre-Schoolers
  • School-Aged Child

Market, By End Use

  • Residential
  • Commercial
    • School & playgroup
    • Daycare centers & preschools
    • Healthcare
    • Others (camps, HoReCa, etc.)

Market, By Distribution Channel

  • Online
    • Company Website
    • E-Commerce Site 
  • Offline
    • Specialty Stores
    • Mega Retail Stores
    • Others

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The Taiwan kids furniture market was reached USD 40.9 million in 2023 and is estimated to grow at a CAGR of 7.4% from 2024 to 2032, driven by increasing birth rates and family sizes.

The bedroom furniture segment was worth around USD 15.4 million in 2023 and is expected to grow at a CAGR of 7.4% from 2024 to 2032, due to the need for multifunctional furniture in urban areas with limited space.

The wood segment held approximately 45% share of the Taiwan kids furniture market in 2023 and is anticipated to grow at a CAGR of 7.4% from 2024 to 2032, favored for its durability and aesthetic appeal.

Key players in the market include A-Z Furniture, Baby Home, Bibo Kids, B&Q, Cozy Home, Dream House, Good Night, IKEA, KUKA Home, Little Bear Furniture, Momo Shopping, PAPA Home, PChome, Ubon, and Uni-Furniture.

Taiwan Kids Furniture Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 180
  • Countries covered: 1
  • Pages: 220
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