Press release
Wall Bed Market Trends, Segmentation, Regional Outlook, Future Plans and Forecast to 2030
Overview of the Wall Bed Market:A bed that can be folded up vertically and placed inside a closet or cabinet is called a wall bed. Wall beds are an excellent choice for a studio, visitor room, or other multipurpose space. Wall beds are practical pieces of furniture that can easily transform a space into a bedroom. Both single and double sizes are offered.
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Wall Bed Market Valuation:
Wall Bed Market was valued at US$ 2.82 Bn. in 2022. The size is estimated to grow at a CAGR of 6.4% over the forecast period.
Wall Bed Market Dynamics
Drivers: Diverse availability and innovation
Demand is expected to be fueled by the availability of a broad variety of wall-mounted bed items, including bunk beds, beds with side tables, and beds with storage choices. In order to draw in customers, producers are trying to come up with novel products including wall beds with antimicrobial protective coatings, wall beds that can be remotely operated, and wall beds that can be designed to be lighter. It is therefore anticipated that this will positively affect market expansion.
Rising global population and living standards
Housing needs have expanded as a result of rising living standards and an expanding global population. The population of the world reached 7.8 billion in 2022 and is predicted to reach 8.6 billion by 2030, according to the UN. The increasing population calls for more efficient ways to use available space. Over the course of the projected period, wall beds are expected to become more in demand globally due to the capacity to maximise available space.
Wall Bed Market Segmentation
Wall Bed Market , by Type
Single
Double
According to Type, The single-size bed category retained the largest wall bed market share of 55.2% in 2022 due to its affordability and convenience. Because it's so adaptable in a rental home, nuclear families are more likely to use it. Additionally, because of cutting-edge design and technological advancements, customers may move the bed without breaking the wall when it has a spring mattress and a sturdy metal frame. It is challenging for most people in the world to manage all of their possessions in one place because they own only one home. Wall beds provide more than 20% additional room that can be used for other things, which is expected to drive up demand for wall beds during the course of the projection period.
Wall Bed Market , by Application
Residential
Commercial
Wall Bed Market , by Material
Metal Wall Bed
Wooden Wall Bed
Wall Bed Market , by Operation
Manual
Automated
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Wall Bed Market Key Players
1. Wilding Wall Beds
2. Furl
3. The London Wallbed Company
4. Wall Beds Manufacturing, Inc.
5. BREDA Inc.
6. Bonbon Trading Limited
7. SICO Incorporated
8. The Bedder Way Company
9. BESTAR Inc.
10. Clever (Homes Casa)
11. FlyingBeds International
12. Clei (Lawrance)
13. More Space Place
14. Lagrama
15. Instant Bedrooms
16. Twin Cities Closet Company
17. B.O.F.F. Wall Bed
18. Spaceman
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Table of content for the Wall Bed Market includes:
Part 01: Executive Summary
Part 02: Scope of the Wall Bed Market Report
Part 03: Global Wall Bed Market Landscape
Part 04: Global Wall Bed Market Sizing
Part 05: Global Wall Bed Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Insights:
The global Wall Bed market encompasses regions like North America, Asia Pacific, Europe, Middle East and Africa, and South America. Each region plays a significant role in shaping the market. For instance, the North America Wall Bed Market is experiencing a rise in demand , driven by the adoption of electric and zero-emission vehicles for the non-tactical fleet of the U.S. military. The Asia Pacific region, on the other hand, is witnessing strong investments in Wall Bed to bolster military capabilities.
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Market Synopsis of Wall Bed Market
Storage plays very important role in any house and as most of people around world owns only single house, it becomes difficult for them to manage all the items in one place. Home furniture takes lots of space, where a bed can utilize more than 40-50% of the area. The new option is coming in format of Wall Bed. Wall bed is a concept which…