followers 10 popularity
23
following 1

following  view all

Groups
Arslan is not in any groups
Arslan

Play Room Furniture Market Likely to Showcase Increased Demand Motivated by Major Players during Assessment Period

Mar 29th 2019 at 5:01 AM

Production trends of playroom furniture have largely been influenced by changing consumer preferences. In recent years, steady rise in consumer preference for multi-functional playroom furniture has significantly rubbed off on growth of the playroom furniture market. Additionally, rising awareness on sustainability among consumers has led manufacturers to focus more on hand-crafted yet affordable & durable products.

Request For Sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=974

Resurgence of home décor industry, coupled with significant proliferation of playroom furniture in hospitals and residential space continue to influence sales of playroom furniture, consequently driving growth of playroom furniture market during the period of forecast. Moreover, largely driven by customer preference, playroom furniture manufacturers are relying upon online distribution channel networks for sales of playroom furniture apart from traditional selling concepts. With pervasiveness of e-commerce, manufacturers of playroom furniture are leveraging the popularity and reach of online retail channel to touch base customers situated in remote areas with a view to increase sales of playroom furniture.

In addition, recently customers are looking for handcrafted, affordable and durable playroom furniture, given the growing awareness regarding sustainability, which has significantly impacted sales of playroom furniture worldwide. That said, sustainable playroom furniture has been adopted across day care centers. This factor coupled with expanding day care industry has paved potential growth prospects for playroom furniture market during the period of forecast.

Alike manufacturers of playroom furniture, increasing preference for online channels among customers is likely to influence the growth of the playroom furniture market during the period of forecast, 2018-2028. Fact.MR foretells that the market for playroom furniture is projected to expand at significant CAGR of 6.1% with respect to value throughout the period of forecast, with sales to be concentrated in European countries and emerging economies of Asia Pacific excluding Japan (APEJ) region.

Playroom Furniture Market: Significant Prospects for Playroom Furniture in European Countries

The report highlights that developed countries in Europe are expected to substantially contribute to the growth of playroom furniture market with sales increasing at a stellar pace during the period of assessment. Mostly dominated by small and medium size enterprises, Europe region is expected to reflect lucrative growth opportunities as manufacturers develop new designs in response to customer preference for quality products. Moreover, increasing preference for multifunctional and ready-to-assemble (RTA) furniture, given the design innovations, low cost and use of enhanced material composites, is expected to influence sales of playroom furniture in the region, making it an attractive market.

View Full Report with Table of Content: https://www.factmr.com/report/974/play-room-furniture-market

On the other hand, Asia Pacific excluding Japan (APEJ) region is also expected to showcase higher market attractiveness with increasing presence of manufacturers in the region, as emerging economies in APEJ have portrayed favorable business environment from manufacturing standpoint. In addition, given its lucrativeness, international players are tapping the region to launch new products and partner with local companies to extend their global footprint. Countries of India, China and Australia are showing higher inclination towards use of playroom furniture, which is likely to fuel the market’s growth in this region in the coming years.

Playroom Furniture Market: Online Retailing of Playroom Furniture Gains Traction

Increasing consumer inclination towards online shopping owing to convenience factor and cost effectiveness has been a crucial aspect fuelling sales of playroom furniture. That said, manufacturers have adopted online sales channel as a vital sales funnel that can increase the visibility of their products. Moreover, domestic manufacturers of playroom furniture are opting online portals, for instance, the Trendsutra Platform Service Private Limited and Urban Ladder to highlight their products. Surging online platform is expected to present lucrative growth opportunities for playroom furniture market during the forecast period.

Playroom Furniture Market: Playroom Goes Woody

Wood has been adopted as a favorable material for manufacturing of furniture, as it can be easily disposed after the completion of lifecycle of the furniture. That said, wood as a natural material is widely adopted in playroom furniture manufacturing, not only on accord of its ease in disposal but also its high durability. Moreover, the natural lines and patterns on wooden playroom furniture makes them look aesthetically appealing. This has resulted in increased adoption of wood in playroom furniture as compared to other material including plastics, metal and fabrics.

Have Any Query? Ask our Industry Expert- https://www.factmr.com/connectus/sample?flag=AE&rep_id=974

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/

0 comments
Please to comment

sign in

Username
Password
Remember Me


New to IM faceplate? join free!

Lost Password? click here