Portable Beds Market: Industry Size & Share, Segments, Opportunity, Growth And Forecast By End-Use Industry 2020-2027

Allied Market Research published a new report, titled, " Portable Beds Market Market " The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The global market growth of portable beds is mainly driven by the adoption of beds in populated cities all over the world. Big and crowded cities like New York, Delhi, Beijing, Tokyo, and others have many people owning small homes or apartments.

Furthermore, the rise in number of nuclear families, rapid urbanization, fast-growing real estate industry, and multi-functionality also regulate the portable beds market growth for the portable beds.

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However, fluctuating prices of the raw material required for the production of portable beds hamper the market growth for this product. High cost leads to high prices, therefore, hindering the global market growth.
The growing trend toward living in rented apartments, surge in population owing to smaller living areas, penetration of online retail, and shift of customers toward affordable, multifunctional, and smaller furniture propel the market growth.

Furthermore, the manufacturers of portable beds are making efforts to bring innovation in the portable beds, as per the need of the modern customer. For instance, manufacturers have made bookshelves that can be easily transformed into a bed, coffee table, and even into a dining table.
Various aesthetically appealing features continue to fuel the market growth.

The key market players profiled in the report include Murphy Wall Beds Hardware, Clei, More Space Place, FlyingBeds International, Instant Bedrooms, Spaceman, Coleman, Homes Casa, Murphy Bed USA, SEDAC, The Bedder Way Co., Wall Beds Manufacturing, SICO Inc., and The London Wallbed Company.

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Regional Analysis - North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA).

COVID-19 Scenario Analysis:

♦ The Corona pandemic has hit the market for portable furniture.

♦ As a result of the ongoing COVID-19 outbreak, the demand for furniture has dropped.

♦ The halt on construction and real estate industry, which accounted for the highest demand for furniture, has been severely affected, further impacting the global market for furniture.

♦ Corona pandemic has led to a shortage of labor, and disruption in the supply chain.

Key Segments Covered:

Type

• Single Bed
• Double Bed
• Others

Application

• Residential
• Commercial

Distribution Channel

• Online Distribution Channel
• Offline Distribution Channel

Key Benefits of the Report:

○ This study presents the analytical depiction of the global portable beds industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global portable beds market share.
○ The current market is quantitatively analyzed from 2020 to 2027 to highlight the global portable beds market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides a detailed global portable beds market analysis based on competitive intensity and how the competition will take shape in the coming years.

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