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.
UV Fluorescing Ink Market – Global Industry Analysis 2016 – 2020 and Opportunity Assessment 2021 – 2031
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