The Latin America, Middle East and Africa Children Furniture Market is expected to witness market growth of 8.6% CAGR during the forecast period (2021-2027).
Consumers are increasingly investing in home improvement or remodeling projects rather than purchasing new homes as prices of property are rapidly rising. Property equity has doubled as a result of rising home values, reflecting a tendency of homeowners feeling wealthier and more inclined to spend money on home renovation projects. In the near future, this trend is estimated to increase with the rapid rate of urbanization.
Technology-based baby furniture which helps babies to sleep comfortably, is gaining popularity since it saves parents time and efforts in getting their baby to sleep. For example, Yves Behar's robotic Snoo crib has the ability to automatically rock the crib, making it easier for babies to fall asleep.
In addition, the increasing production of multifunctional furniture for newborns has aided product sales by providing different capabilities, such as a single furniture type that can be turned into a table, cot, or cradle, among other things, depending on the need.
The significant number of raw products that are available across the region is expected to play a major role in driving the development across the children furniture market across LAMEA. With the increased production of timber products in lumber facilities, the trade of Africa respective to wooden children furniture is expected to also increase. Hence, these factors are estimated to play a key role in propelling the growth of the regional children furniture industry.
The Brazil market dominated the LAMEA Children Furniture Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $634.9 million by 2027. The Argentina market is expected to witness a CAGR of 9.2% during (2021 - 2027). Additionally, The UAE market is expected to experience a CAGR of 8.3% during (2021 - 2027).
Based on Sales Channel, the market is segmented into Offline Channels and Online Channels. Based on Type, the market is segmented into Beds, Cots & Cribs, Table & Chair, Cabinet, Dressers & Chests, and Others. Based on Material, the market is segmented into Wood, Polymers, and Metal. Based on End User, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sauder Woodworking Co., Herman Miller, Inc., Nilkamal Limited, Pil Italica Lifestyle Limited (Dawood Investment Private Limited), Inter IKEA Systems B.V., Tramontina Multi S. A., Cosmoplast Industrial Company L.L.C. (Harwal Ltd.), Sleep Number Corporation, Keter Group B.V. (BC Partners), and Cello Group.
Consumers are increasingly investing in home improvement or remodeling projects rather than purchasing new homes as prices of property are rapidly rising. Property equity has doubled as a result of rising home values, reflecting a tendency of homeowners feeling wealthier and more inclined to spend money on home renovation projects. In the near future, this trend is estimated to increase with the rapid rate of urbanization.
Technology-based baby furniture which helps babies to sleep comfortably, is gaining popularity since it saves parents time and efforts in getting their baby to sleep. For example, Yves Behar's robotic Snoo crib has the ability to automatically rock the crib, making it easier for babies to fall asleep.
In addition, the increasing production of multifunctional furniture for newborns has aided product sales by providing different capabilities, such as a single furniture type that can be turned into a table, cot, or cradle, among other things, depending on the need.
The significant number of raw products that are available across the region is expected to play a major role in driving the development across the children furniture market across LAMEA. With the increased production of timber products in lumber facilities, the trade of Africa respective to wooden children furniture is expected to also increase. Hence, these factors are estimated to play a key role in propelling the growth of the regional children furniture industry.
The Brazil market dominated the LAMEA Children Furniture Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $634.9 million by 2027. The Argentina market is expected to witness a CAGR of 9.2% during (2021 - 2027). Additionally, The UAE market is expected to experience a CAGR of 8.3% during (2021 - 2027).
Based on Sales Channel, the market is segmented into Offline Channels and Online Channels. Based on Type, the market is segmented into Beds, Cots & Cribs, Table & Chair, Cabinet, Dressers & Chests, and Others. Based on Material, the market is segmented into Wood, Polymers, and Metal. Based on End User, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sauder Woodworking Co., Herman Miller, Inc., Nilkamal Limited, Pil Italica Lifestyle Limited (Dawood Investment Private Limited), Inter IKEA Systems B.V., Tramontina Multi S. A., Cosmoplast Industrial Company L.L.C. (Harwal Ltd.), Sleep Number Corporation, Keter Group B.V. (BC Partners), and Cello Group.
Scope of the Study
Market Segments Covered in the Report:
By Sales Channel
- Offline Channels and
- Online Channels
By Type
- Beds, Cots & Cribs
- Table & Chair
- Cabinet, Dressers & Chests
- Others
By Material
- Wood
- Polymers
- Metal
By End User
- Residential
- Commercial
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Sauder Woodworking Co.
- Herman Miller, Inc.
- Nilkamal Limited
- Pil Italica Lifestyle Limited (Dawood Investment Private Limited)
- Inter IKEA Systems B.V.
- Tramontina Multi S. A.
- Cosmoplast Industrial Company L.L.C. (Harwal Ltd.)
- Sleep Number Corporation
- Keter Group V. (BC Partners)
- Cello Group
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. LAMEA Children Furniture Market by Sales Channel
Chapter 4. LAMEA Children Furniture Market by Type
Chapter 5. LAMEA Children Furniture Market by Material
Chapter 6. LAMEA Children Furniture Market by End User
Chapter 7. LAMEA Children Furniture Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Sauder Woodworking Co.
- Herman Miller, Inc.
- Nilkamal Limited
- Pil Italica Lifestyle Limited (Dawood Investment Private Limited)
- Inter IKEA Systems B.V.
- Tramontina Multi S. A.
- Cosmoplast Industrial Company L.L.C. (Harwal Ltd.)
- Sleep Number Corporation
- Keter Group B.V. (BC Partners)
- Cello Group
Methodology
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