Electronics Intelligence

  Kids Furniture Industry Overview The global kids furniture market size was valued at USD 38.82 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 18.9% from 2022 to 2030. Rising real estate prices are expected to impact the sizes of houses and children’s rooms, which is projected to create growth opportunities for companies offering compact, easy-to-move, and “assemblable” furniture for kids’ rooms. The outbreak of the COVID-19 pandemic led to worldwide lockdowns and school closures that resulted in an increase in demand for kids furniture, including chairs, tables, cabinets, dressers, and chests. Owing to the ongoing pandemic, children are now required to attend online classes, necessitating a separate study space in order to accommodate themselves comfortably for long school hours. Moreover, the worldwide population's per capita and disposable income is rising, particularly in developing nations, boosting the expansion of the kids furniture ...

  Tabletop Kitchen Products Industry Overview The global tabletop kitchen products market size was valued at USD 41.68 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2030. The rising adoption of serving ware for everyday domestic use, coupled with significant development in the foodservice and hospitality industry, has been majorly driving the demand for tabletop kitchen products. Furthermore, the growing trend of nuclear families is creating more growth opportunities for the market. Developments in the residential category are expected to drive the product demand during the forecast period. The rising trend of separate beverage counters in the commercial and residential sectors has significantly contributed to higher demand for the drinkware category. The evolving concept of structuring bar counters at homes is also expected to positively impact the tabletop drinkware application. Gather more insights about the market drivers...