Report Description
Foldable
space-saving furniture is very much revolutionary for the designs of furniture.
Wall-mounted beds and chairs, and sofa beds (sofas that can be converted to
beds) have very much demand in the market among others. Convertible furniture
helps the people to stay in small apartments by it’s flexibility. Sofa beds can
be used as both, at night it can be used as bed and at day time it can be
converted into sofa. A huge number of companies are offering low-cost foldable
pieces of furniture by directly delivering to the customer from the warehouse.
The
foldable furniture market size is projected to reach US$ 15.4 billion by 2028,
from US$ 9.1 billion in 2020, at a CAGR of 6.8% during 2021-2028.
In
terms of production, this report talks the foldable furniture production
capacity, value, ex-factory price, growth rate, market share by manufacturers,
regions (or countries) and by Type.
In
terms of consumption, this report focuses on the consumption of foldable
furniture market by regions (countries) and by Application.
The
global foldable furniture market is thoroughly, accurately, and comprehensively
assessed in the report with a large focus on market dynamics, market
competition, regional growth, segmental analysis, and key growth strategies.
Buyers of the report will have access to verified market figures, including
global market size in terms of revenue and volume. As part of production
analysis, the authors of the report have provided reliable estimations and
calculations for global revenue and volume by Type segment of the foldable
furniture market. These figures have been provided in terms of both revenue and
volume for the period 2016-2028. Additionally, the report provides accurate
figures for production by region in terms of revenue as well as volume for the
same period. The report also includes production capacity statistics for the
same period.
Geographic Segmentation
The
report offers exhaustive assessment of different region-wise foldable furniture
market such as North America, Europe, Asia Pacific, Middle east, Africa, Latin
America. Key countries covered in the report are U.S., Canada, Germany, France,
U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan,
Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey,
Saudi Arabia, U.A.E
For
the period 2016-2028, the report provides country-wise revenue and volume sales
analysis and region-wise revenue and volume analysis of the foldable furniture
market. For the period 2020-2028, it provides sales (consumption) analysis and
forecast of different regional markets by each application as well as type
segment in terms of volume.
Manufacturers
The
report includes comprehensive company profiling of leading and emerging
companies competing in the global foldable furniture market. It provides a
detailed list of players operating at a global level. The players have been
listed according to the type of products they offer in the global foldable
furniture market and other factors. As part of the company profiling, the
analysts authoring the report has provided the market entry year of each player
considered for the research study. The report also offers extensive price,
volume sales, and revenue analysis by the manufacturer at the global level for
the period 2016-2028.
By Type and Application
Segments
The
report includes a detailed analysis of leading companies and type and
application segments of the global foldable furniture market. All the segments
covered in the report are broadly analyzed based on some deciding factors like
various growth drivers and opportunities in the market. The segmental analysis
section of the report offers revenue sales analysis and forecast of the global
foldable furniture market by each type segment for the period 2016-2028. It
also offers volume sales (consumption) analysis and forecast of the foldable
furniture market by each type segment for the same period. Also, it provides volume
sales (consumption) analysis and forecast of the global foldable furniture
market by each application segment for the same period.
By
Product:
·
Tables and Chairs
·
Sofa
·
Beds
·
Others
By Application:
·
Residential
·
Commercial
By Distribution Channel:
·
Offline
·
Online
By Geography:
·
North America
o U.S.
o Canada
o Mexico
·
Europe
o France
o Germany
o Italy
o Spain
o UK
o Rest
of Europe
·
Asia Pacific (APAC)
o Australia
o China
o India
o Japan
o Rest
of APAC
·
Middle East & Africa (MEA)
o Saudi
Arabia
o UAE
o South
Africa
o Rest
of MEA
·
South America (SAM)
o Brazil
o Rest
of SAM
This report includes the
following manufacturers:
·
Dorel Industries Inc.
·
Expand Furniture Inc.
·
Kestell Furniture LLC.
·
La-Z-Boy
·
Lifetime Products
·
Meco Corporation.
·
Resource Furniture
·
Murphy Wall-Beds Hardware Inc.
·
Inter IKEA Systems B.V.
·
Leggett & Platt, Inc.
Research Methodology
To
compile the detailed study of the global foldable furniture market, a robust
research methodology has been adopted that aids in determining the key insights
and also evaluates the growth prospects of the foldable furniture market. Data
Insights Partner Research analysts have conducted in-depth primary and
secondary research to obtain crucial insights into the foldable furniture
market. To carry out secondary research, the analysts have collected the
information through company annual reports, journals, company press releases,
and paid databases that were referred to gain and identify better opportunities
in the global market.
Salient Features:
Ø
This study
offers comprehensive yet detailed analysis of the foldable
furniture market, size of the
market (US$ Bn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2021-2028, taking into account 2020 as the base year
Ø
It explains
upcoming revenue opportunities across various market segments and attractive
matrix of investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market
opportunities, restraints, drivers, competitive market strategies of leading
market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the global foldable furniture is done by taking into account various parameters such
as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The global
market for foldable furniture caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for foldable
furniture market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the foldable furniture market
v
Identification
of key factors driving investment opportunities in the foldable
furniture market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants