Global Foldable Furniture Market is anticipated to grow at a strong CAGR by 2027 | Trends by Key Players: Dorel Industries Inc.
The global foldable furniture market accounted for US$ 8.0 Bn in 2018 and is expected to grow at a CAGR of 6.8% over the forecast period 2019-2027, to account for US$ 14.4 Bn by 2027. The global foldable furniture market is anticipated to exhibit high growth in the near future.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/2484045?openpr.com/&utm_medium=VIPin
The overall foldable furniture market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the foldable furniture market. It also provides the overview and forecast for the global foldable furniture market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the foldable furniture market.
On the basis of distribution channel, online segment is expected to grow at the highest CAGR, due to high penetration of internet services and the increasing number of websites offering wide range of foldable furniture is also expected to drive the online sales of foldable furniture during the forecast period. Asia- Pacific held the largest share of the foldable furniture market in 2018, and it is expected to continue its dominance during the forecast period of 2019-2027. Whereas, North America is anticipated to be the fastest growing region across the globe.
Rising prices of traditional wooden furniture along with environmental concerns, have paved the way for the growth of foldable furniture. However, the increasing cost of raw materials such as resin, aluminum, and plastic might lead to the rise in the cost of foldable furniture, thereby hampering its adoption. Based on product, foldable sofas is expected to grow at the highest CAGR during the forecast period, followed by others, beds and tables, and chairs segments. As, now-a-days, manufactures are coming up with multi-functional sofa sets, which can be converted into beds and can be altered easily. Based on application, residential application held a larger share of the foldable furniture market in 2018, and this share is mainly attributed to increased demand for space-saving furniture due to a large number of people shifting in small apartments and buildings.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/2484045/?openpr.com/&utm_medium=VIPin
Table of Content:
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Foldable Furniture Market - By Product
1.3.2 Global Foldable Furniture Market - By Application
1.3.3 Global Foldable Furniture Market - By Distribution Channel
1.3.4 Global Foldable Furniture Market - By Geography
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. Foldable Furniture Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 APAC - PEST Analysis
4.2.4 Middle East and Africa - PEST Analysis
4.2.5 SAM - PEST Analysis
4.3 Ecosystem Analysis
5. Foldable Furniture Market - Market Dynamics
5.1 Key Market Drivers
Global RTA Furniture Market Size study, by Type (Office RTA Furniture, Residential RTA Furniture), by Application and Regional Forecasts 2018-2025
Global RTA Furniture Market valued approximately USD 11.8 billion in 2017 is anticipated to grow with a healthy growth rate of more than 3.99% over the forecast period 2018-2025. The RTA Furniture Market is continuously growing across the world over the coming years.
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Foldable Furniture Market is anticipated to grow at a strong CAGR by 2027 | Trends by Key Players: Dorel Industries Inc. here
News-ID: 1979893 • Views: 100
More Releases from marketstudyreport.com
Covid -19 Impact on Video Conferencing Market Size 2026: Top Companies, Trends a …
Market Study Report recently introduced new title on “2020-2026 Global Video Conferencing Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates Market size outlook and status to 2026. Video Conferencing Market size is anticipated to grow at over 19% CAGR between 2020 and 2026. The global video conferencing market is set to register a tremendous rise in its growth
What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skan …
Selbyville, Delaware the prime objective of Patient Monitoring Devices report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: https://www.marketstudyreport.com/request-a-sample/2679238/?utm_source=OPR.com/&utm_medium=SP The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides
More Releases for Furniture
Bedroom Furniture Market Key Player Information are - Vaughan-Bassett Furniture …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives
Bedroom Furniture Market 2019 By Vaughan-Bassett Furniture Company, Century Furn …
Global Bedroom Furniture Market 2019-2024: According to the Global Bedroom Furniture Market report, the market is expected to reach the value of $XX million at the end of the forecast period of 2019 – 2024, showing good progress, rising at a CAGR of XX%. The global Bedroom Furniture Market report covers a detailed analysis of the Bedroom Furniture Market including the various parameters on which the Bedroom Furniture Market is analyzed
Bedroom Furniture Market Key Player Information are - Vaughan-Bassett Furniture …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry
The English word “furniture” is derived from a French word “fourniture”, which means to supply or provide.Furniture is a product of design and is also considered as a form of decorative art.The term refers to movable objects that are deliberately used to support different human activities such as seating (for example, chairs, stools, tables, and sofas) and sleeping (for example, beds). It is also used to hold objects at an
Contemporary furniture by TOSH Furniture
Los Angeles, CA, July 25, 2011 - Furnishing a house is considered to be a very integral part of decorating any type of house and thus, it has evolved into the modern trend setting factor in the contemporary market. TOSH furniture has emerged as a major provider of modern furniture and now they are supposedly one of the leading furniture providing companies. The company has recently launched a latest range
Modern patio furniture by TOSH Furniture
Los Angeles, CA, July 16, 2011 - The latest trend in the market in case of furniture is the modern patio furniture. Most of the companies are getting into this business and are designing various kinds of patio furniture in order to attract more and more customers. The customers are no longer happy with the same old wooden furniture and as a result, they are turning their attention to the