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Taiwan Kids Furniture Market Analysis

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

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.

 

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.

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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