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Movable Walls Market to Witness Robust Expansion by 2024– Top Key players like Hufcor,Dormakaba,Haworth,Inc.
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Movable walls (also referred to as unitized walls) are built completely off-site at the manufacturer’s facility. This lends itself to better quality control and a more uniform wall product. There are some main parts that need to be installed on-site: ceiling and floor channels to hold the walls in place; the actual wall panels and doors; trim and finishing; and power and data components. This allows the movable walls to be installed and relocated very quickly. However, those Portable room dividers and screens are out of our statistical range.
From the view of Application, the Movable walls can apply in various scenarios.Offices has 26.34% market share in the whole market in 2019. Hotels hold the smaller market of 23.26%, Hospitals following take a market share of 18.78%.The main application also include Schools and Universities and Fairs and Conferences which account 16.41% and 7.75% separately.
Major factors driving growth of this market include the rapid development of Commercial Offices demand, Consumption upgrade and increasing disposable income in emerging economies. However, intense competition in movable walls industries will lead to increased market risk.
The global Movable Walls market is valued at 580 million US$ in 2018 is expected to reach 1070 million US$ by the end of 2025, growing at a CAGR of 9.1% during 2019-2025.
Market Segment by Manufacturers, this report covers
Hufcor
Dormakaba
Haworth
Trendway Corporation
Environamics Incorporated
Allsteel Inc
Faraone Srl
Transwall
Franz Nusing GmbH & Co KG
Market Segment by Type, covers
Automated Movable Walls
Manual Movable Walls
Market Segment by Applications, can be divided into
Offices
Schools and Universities
Hotels
Hospitals
Fairs and Conferences
Others
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Related Information:
North America Movable Walls Market Growth 2019-2024
United States Movable Walls Market Growth 2019-2024
Asia-Pacific Movable Walls Market Growth 2019-2024
Europe Movable Walls Market Growth 2019-2024
EMEA Movable Walls Market Growth 2019-2024
Global Movable Walls Market Growth 2019-2024
China Movable Walls Market Growth 2019-2024
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