Press release
Wall Beds Market: Global Opportunity Analysis and Industry Forecast, 2023-2029 - Report Research By Introspective Market Research
The Global Wall Beds Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.
The Wall Bed A bed that can be hinged at one of its ends to stand vertically against a wall is known as a Murphy Bed (Named After William Lawrence Murphy). Due to their versatility, wall beds can frequently be used as a bed, a closet, a sofa, and other functions. Wall beds are therefore regarded as versatile furniture for this reason. Similar to trundle beds, these beds are generally utilized for space-saving purposes. The designs of Murphy beds have seen numerous upgrades in recent years, including the addition of lights, storage cabinets, and office equipment. The main driver of these upgrades was the majority of the population's demand for attractive furnishings with space- and money-saving features in the early 2010s.
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The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
Market Dynamics
Driver:
Due to the impact of modular spaces in metropolitan areas, the wall bed market has experienced significant expansion. Rising demand for housing is a result of rapid urbanization and industrialization. Utilizing compact areas, like studio apartments, which are less expensive to own or rent, has become urgently necessary. The increased sales of residential real estate have been aided by the rising per capita income in developing nations.
Opportunities:
Technological advancements going on to address sophisticated demands of the consumer along with more focus on safety and durability of wall beds. The availability of different design options, such as vertical or horizontal, wooden finish or metal finish wall beds, along with the availability of custom-made wall bed products in accordance with the architectural requirements of a particular house are all expected to have a positive impact on the market's growth.
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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Global Wall Beds Market Segmentation:
By Type
• Cabinet Beds
• Desk Wall Beds
• Library Wall Beds
• Others
By Size
• King, Queen
• Full
• Others
By Functioning
• Manual
• Automatic
By Application
• Residential
• Commercial
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Top Key Players Covered in The Global Wall Beds Market:
• Hiddenbed of Oregon LLC (US)
• Murphy Wall Beds Hardware Inc. (US)
• Bestar Inc. (Canada)
• SICO Inc. (US)
• The WallBed Company (Australia)
• Wilding Wallbeds (US)
• InovaBed (US)
• Oldham Wood (US)
• SMARTBett GmbH (Germany)
• The Bedder Way Company (US), and Other Major Players.
Key Industry Development:
In November 2021, In December 2022, Oldham Wood, a leading manufacturer of premium wood products, announced the launch of its new Real Wood Murphy Bed. This innovative wall bed is perfect for small spaces which will help people in turning their spaces into a guest bedroom or home office. This highly stylish and functional Real Wood Murphy Bed from Oldham Wood is the perfect solution for small spaces and is easy to use and built to last.
In October 2019, Wilding Wall beds released its new production line of Murphy Cabinet Beds This new line is specially designed for looking to save space and money. These beds are perfect option for homeowners as this line creates a solution for renters that have restrictions about putting holes in walls and have a need for a free-standing unit. These beds do not require any type of anchoring to a wall and can be placed in any room in the house.
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Table of Content: -
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Size
3.3 By Functioning
3.4 By Application
3.5 By Sales Channel
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Wall Beds Market by Type
5.1 Wall Beds Market Overview Snapshot and Growth Engine
5.2 Wall Beds Market Overview
5.3 Cabinet Beds
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Cabinet Beds: Geographic Segmentation
5.4 Desk Wall Beds
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Desk Wall Beds: Geographic Segmentation
5.5 Library Wall Beds
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Library Wall Beds: Geographic Segmentation
5.6 Others
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Others: Geographic Segmentation
Chapter 6: Wall Beds Market by Size
To Be Continued…
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