Press release
Folding Furniture Market Outlook and Growth Forecasted By 2023
Folding furniture is more of space saving furniture which serves multiple furniture needs. This furniture owing to their space-saving benefit sand multi-purpose usages considered as a better option for small spaces. The market for folding furniture is growing constantly over the years and was totaled at a value of USD XXX Million in 2018. The global folding furniture market is expected to thrive at a CAGR of 6.9% during the forecast period to reach a valuation of USD XXX Million by 2023.
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Growth Drivers & Restraints:
Folding furniture is gaining consumer’s attention across every region. The growing trends of compact homes are strongly backing the growth of global folding furniture market. Factors such as the rising number of nuclear families, migration of people in urban areas, and growing buyer base who want to invest in luxury & state-of-the-art amenities rather than extra unutilized space are the major driving factor of the global folding furniture market. The consumers are thinking more from a financial point of view, which in turn guide them to purchase compact homes. The folding furniture can complement compact space perfectly as they are compact in design and can be sued for multi purposes.
Strong population density in urban areas has created a huge demand for small and affordable apartments across cities. Further, rising demand for housing spaces due to rapid urbanization is expected to encourage the growth of folding furniture market in upcoming years. Due to economic fluctuations, builders are also struggling to sell expensive homes in a sluggish market. This issue is influencing home developers to opt for the concept of compact homes as housing units with smaller sizes are affordable and can be easily sold. This growing number of compact housing units is likely to foster the growth of the market in the future. Even in large spaces foldable furniture can offer benefits such as expanded living space and can also create interior design opportunity.
However, rising raw material cost and complexity issues with repairment of folding furniture are expected to restrain the growth of the market in near future.
The research offers a comprehensive analysis of folding furniture market with respect to following sub-markets:
By Product
- Table
- Chair
- Sofas
- Bed
- Others
By End User
- Residential
- Commercial
By Distribution Channel
- Offline Stores
- Online Stores
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as:
- Resource Furniture
- Expand Furniture Inc.
- Inter IKEA Systems B.V.
- Knoll Inc.
- MarMell Furniture
- Other Prominent Players
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Table of Content
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Folding Furniture Market
3. Global Folding Furniture Market Trends
4. Opportunities in Global Folding Furniture Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Products Average Price Analysis, By Country
9. Global Smart Folding Furniture Market Value (USD Million), 2017-2023
10. Global Smart Folding Furniture Market Segmentation Analysis, By Product
10.1. Introduction
10.2. Market Attractiveness, By Product
10.3. BPS Analysis, By Product
10.4. Table Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5. Chair Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.6. Sofas Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7. Bed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.8. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11. Global Smart Folding Furniture Market Segmentation Analysis, By End User
11.1. Introduction
11.2. Market Attractiveness, By End User
11.3. BPS Analysis, By End User
11.4. Residential Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12. Global Folding Furniture Market Segmentation Analysis, By Distribution Channel
12.1. Introduction
12.2. Market Attractiveness, By Distribution Channel
12.3. BPS Analysis, By Distribution Channel
12.4. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.5. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13. Geographical Analysis
13.1. Introduction
13.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1. By Product
13.2.1.1. Introduction
13.2.1.2. Market Attractiveness, By Product
13.2.1.3. BPS Analysis, By Product
13.2.1.4. Table Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.5. Chair Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.6. Sofas Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.7. Bed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.8. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2. By End User
13.2.2.1. Introduction
13.2.2.2. Market Attractiveness, By End User
13.2.2.3. BPS Analysis, By End User
13.2.2.4. Residential Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.3. By Distribution Channel
13.2.3.1. Introduction
13.2.3.2. Market Attractiveness, By Distribution Channel
13.2.3.3. BPS Analysis, By Distribution Channel
13.2.3.4. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.3.5. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.4. By Country
13.2.4.1. Market Attractiveness, By Country
13.2.4.2. BPS Analysis, By Country
13.2.4.3. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.4.4. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3. Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.1. By Product
13.3.1.1. Introduction
13.3.1.2. Market Attractiveness, By Product
13.3.1.3. BPS Analysis, By Product
13.3.1.4. Table Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.1.5. Chair Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.1.6. Sofas Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.1.7. Bed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.1.8. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.2. By End User
13.3.2.1. Introduction
13.3.2.2. Market Attractiveness, By End User
13.3.2.3. BPS Analysis, By End User
13.3.2.4. Residential Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.2.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.3. By Distribution Channel
13.3.3.1. Introduction
13.3.3.2. Market Attractiveness, By Distribution Channel
13.3.3.3. BPS Analysis, By Distribution Channel
13.3.3.4. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.3.5. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.4. By Country
13.3.4.1. Market Attractiveness, By Country
13.3.4.2. BPS Analysis, By Country
13.3.4.3. Germany Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.4.4. United Kingdom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.4.5. France Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.4.6. Italy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.4.7. Spain Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.4.8. Russia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.3.4.9. Rest of Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4. Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.1. By Product
13.4.1.1. Introduction
13.4.1.2. Market Attractiveness, By Product
13.4.1.3. BPS Analysis, By Product
13.4.1.4. Table Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.1.5. Chair Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.1.6. Sofas Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.1.7. Bed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.1.8. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.2. By End User
13.4.2.1. Introduction
13.4.2.2. Market Attractiveness, By End User
13.4.2.3. BPS Analysis, By End User
13.4.2.4. Residential Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.2.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.3. By Distribution Channel
13.4.3.1. Introduction
13.4.3.2. Market Attractiveness, By Distribution Channel
13.4.3.3. BPS Analysis, By Distribution Channel
13.4.3.4. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.3.5. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.4. By Country
13.4.4.1. Market Attractiveness, By Country
13.4.4.2. BPS Analysis, By Country
13.4.4.3. China Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.4.4. India Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.4.5. Japan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.4.6. South Korea Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.4.7. Indonesia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.4.8. Taiwan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.4.9. Australia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.4.10. New Zealand Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.4.4.11. Rest of Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
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