Global Folding Furniture Market By Product Type (Chairs, Tables, Beds, Others), Application (Residential, Commercial), Distribution Channel (Online, Offline), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Folding Furniture Market
Folding furniture market will reach an estimated valuation of USD 13.5 billion by 2027, while registering this growth at a rate of 7.30% for the forecast period of 2020 to 2027. Folding furniture market report analyses the growth, which is currently being growing due to the increasing development in home furniture along with growing online purchase.
The growing demand for compact furniture, shifting inclination towards multifunctional and compact furniture, rising disposable income of the people, advancement of innovative products such as bookshelves and wall bed which change into beds, coffee tables that change into dining tables and rising demand for low maintenance interior products are some of the factors which will enhance the growth of the folding furniture market in the forecast period of 2020-2027. On the other hand, changing trend towards small sized apartments along with growing repair and rehabilitation activities will further bring various opportunities that will lead to the growth of the folding furniture market in the above mentioned forecast period.
High cost of raw materials will hamper the growth of the folding furniture market in the above mentioned forecast period.
This folding furniture market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on folding furniture market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Folding Furniture Market Scope and Market Size
Folding furniture market is segmented on the basis of product type, application and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, folding furniture market is segmented into chairs, tables, beds and others. Others have further been segmented into sofa and ladder.
- Folding furniture market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for folding furniture market includes residential and commercial.
- Based on distribution channel, the folding furniture market is segmented into online and offline.
Folding Furniture Market Country Level Analysis
Folding furniture market is analyzed and market size, volume information is provided by country product type, application and distribution channel as referenced above.
The countries covered in the folding furniture market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the folding furniture market due to the increasing growth of real estate sector, growing urban population along with rapidly increasing furniture demand in China.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Folding Furniture Market Share Analysis
Folding furniture market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to folding furniture market.
The major players covered in the folding furniture market report are Expand Furniture Inc, Flexsteel Industries, Inc., Meco Corporation, Haworth Inc., Ashley Home Stores Ltd., IKEA Systems B.V., Murphy Wall Beds Hardware Inc., esource Furniture, The Bedder Way Co., La-Z-Boy Incorporated, Leggett & Platt Inc., Resource Furniture, Sauder Woodworking Co., Flexfurn Ltd, Gopak, Nilkamal, Hardware Inc., Twin Cities Closet Company, and Dorel Industries Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Folding Furniture Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.