Lewes, DE -- (SBWire) -- 03/28/2016 --Report forecast the children's furniture market in the US to grow at a CAGR of 4.52% during the period 2016-2020.
Children's furniture products fall under the broader furniture industry, and account for nearly 8% of the revenue in the industry in the US. Children's furniture is a segment of the overall furniture market based on product use by a specific target audience, those in the age group of 0-12 years. This has been further sub-segmented into two age groups: 0-4 years and 5-12 years.
The report covers the present scenario and the growth prospects of the children's furniture market in the US for 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of children's furniture and furnishing products.
The market is divided into the following segments based on age group:
- Children aged 0-4 years
- Children aged 5-12 years
According to the report, with the population of the US growing, particularly in urban centers, real estate prices have increased significantly in the US. This has led to a considerable reduction in house sizes. As rooms become smaller, consumers look for children's furniture items that are compact and easily movable to allow for efficient use of the available space. To cater to such requirements, vendors have introduced multifunctional furniture with storage facilities.
Further, the report states that the major factor affecting the slowdown is the declining birth rate in the US.
Children's Furniture Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Children's Furniture Market in the US: Ashley Furniture Home Store, Berkshire Hathaway, IKEA, Rooms to Go, and Williams-Sonoma
Other Prominent Vendors in the market are: Amazon, American Signature, ATG Stores, Cabela's, Costco Wholesale, Ethan Allen Global, Haverty Furniture, Herman Miller, JC Penney, Kroger, La-Z-Boy Furniture Galleries, Otto (Crate & Barrel), Overstock.com, Pier 1 Imports, Raymour & Flanigan Furniture, Restoration Hardware, Sears Holdings, Sleepy's, Target, Walmart, and Wayfair.
Market driver
- Demand for multifunctional children's furniture
- For a full, detailed list, view our report
Market challenge
- Decline in target population
- For a full, detailed list, view our report
Market trend
- Increase in demand for eco-friendly children's furniture and furnishings
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 55 pages and 29 Exhibit "Childrens Furniture Market in the US 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Country profile: US, Market segmentation by age group, Market segmentation by distribution channel, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape.
For more information Visit at: http://www.marketresearchreports.com/technavio/childrens-furniture-market-us-2016-2020
Find all House and Home Furniture report at : http://www.marketresearchreports.com/house-home-furniture
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions
