Keen Insight for Folding Furniture Market Trend by 2027

Keen Insight for Folding Furniture Market Trend by 2027

The Folding Furniture market research in this report provided by Global Market Monitor includes historical and forecast market data, consumer demand, application segmentation details, and price trends. This report also provides a detailed overview and data analysis of major Folding Furniture companies during the forecast period.

Asia Pacific dominates the global folding furniture market, with the increasing trend of downsizing apartments in countries/regions such as Japan, Tokyo, Shanghai, and India urging consumers to invest in such furniture products. Hong Kong is the smallest unit in the world with an average living space of 470 sq. ft. compared to 646 sq. ft. in China. The North American market is expected to grow at the fastest growth rate. Rising preference for one- or two-person households in the U.S., Canada, and Mexico due to declining usage urges consumers to invest in such products along with smaller living spaces. Moreover, increasing awareness for space-saving furniture in developed countries such as the U.K., Germany, and the U.K. due to benefits such as space saving, flexibility, and ease of movement, has expanded the range of folding furniture products in European countries. As a result, these growth trends are expected to drive the demand for folding furniture in Europe and North America. The global folding furniture market size is expected to surpass USD 3.5 billion by 2025.

Folding furniture is a type of furniture that can be folded to compress a large area or volume of items as much as possible. Folding furniture has a unique aesthetic that breaks away from traditional furniture design patterns, and has a unique combination of practicality, flexibility, and versatility that frees up space.

Increase in demand for space saving and multifunctional furniture due to development of compact apartments in many countries/regions leads to market growth. Moreover, young people are opting for rented living spaces in favor of multifunctional and compact furniture, thus is expected to drive the global market. Manufacturing companies are introducing folding chairs and tables made of wood and metal to replicate the aesthetic appeal of traditional furniture. The growing demand for compact furniture is enabling these companies to introduce more products.

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Leading Company for Driving Market Growth
The global Folding Furniture market growth is also reliant on the development of active players in the industry, which are:
Lifetime Products
Meco
Haworth
Qumei
La-Z-Boy
Ikea
KI
Dorel Industries
Leggett & Platt
BBMG Tiantan Furniture
Flexsteel Industries
Quanyou
RUKU Klappmöbel
Sauder Woodworking
Hussey Seating
Maxchief Europe

Global Folding Furniture market: Application segments
Residential
Commercial

On the basis of products, the various types include:
Chairs
Tables
Sofas
Beds
Other

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Folding Furniture Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Folding Furniture Market by Types
4 Segmentation of Folding Furniture Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Folding Furniture Market in Major Countries
7 North America Folding Furniture Landscape Analysis
8 Europe Folding Furniture Landscape Analysis
9 Asia Pacific Folding Furniture Landscape Analysis
10 Latin America, Middle East & Africa Folding Furniture Landscape Analysis
11 Major Players Profile
…

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Folding Furniture Market: Region Outlook
North America (U.S., Canada, Mexico)
Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe)
Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries)
Others

Target Audience for this Report
• Folding Furniture manufacturers
• Folding Furniture traders, distributors, and suppliers
• Folding Furniture industry associations
• Product managers, Folding Furniture industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Research & Clinical Laboratories

Reasons to Purchase this Report
Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
6 months analyst support along with the data in excel

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