Press release
Global Folding Furniture Market Report by Type (Tables, Chairs, Sofas, Beds, Others) Application (Residential, Commercial) Distribution Channel (Supermarkets & Hypermarket, Specialty Stores, E-commerce, Others) Material (Metal, Wood, Plastic, Glass, Other
The global folding furniture market is anticipated to grow significantly, crossing USD 16.33 billion by 2032 from USD 7.80 billion in 2023, with a Compound Annual Growth Rate (CAGR) of 8.55% over the forecast period from 2024 to 2032. This segment has been expanding due to factors such as urbanization, space constraints, and the growing need for flexible and multifunctional furniture solutions.
Folding Furniture Market Table of Content and Sample Download: https://www.renub.com/folding-furniture-market-p.php
Folding Furniture Market Outlook
Folding furniture is characterized by its flexibility and ability to collapse or fold, facilitating easy storage and transport. This category includes a wide range of products such as folding chairs, tables, beds, and shelves, each serving various purposes in different settings.
Space-Saving Solutions
Folding furniture is particularly beneficial for saving space, a primary concern in many homes, especially in urban areas. In small apartments or homes, folding chairs and tables can serve as dining or workspace solutions that can be easily stored when not in use. Similarly, folding furniture is ideal for settings where portability and quick setup are essential, such as during picnics or camping trips.
Multifunctional Furniture
Folding beds and sofa beds are especially useful in guest rooms or living rooms where additional sleeping space is occasionally needed. They provide comfort without compromising the aesthetic appeal of the home. Cabinet rolling lofts, which can be folded flat when not in use, are another example of multifunctional furniture that maximizes space utilization.
Driving Factors in the Folding Furniture Market
Increasing Urbanization: The rise in urbanization globally has led to a higher demand for space-efficient furniture solutions. City residents, often facing space constraints, seek multifunctional furniture that can be adapted to their limited living spaces. Folding furniture, such as chairs, tables, and beds, can be easily folded or unfolded as needed, allowing residents to maximize their space without compromising on style. This trend underscores the need for convenient, portable interior goods that fit well within the confined spaces typical of urban environments, thereby driving the global demand and purchase of folding furniture.
High Real Estate Prices: The high cost of real estate compels consumers to prioritize space utilization, making folding furniture an ideal solution for optimizing living areas. With high rents and property prices, consumers aim to make the best use of available space. Folding furniture offers practical solutions by allowing items like chairs, tables, and beds to be folded and stored when not in use, creating more space in small apartments or houses. This approach is practical for those who wish to maintain functionality and comfort while adapting to the space limitations of modern city living. Consequently, folding furniture is becoming a key trend in interior design and space management, as people focus on saving space and money on rent.
Remote Work Trends: The shift towards remote work has boosted the demand for portable, adaptable furniture that is easy to move or store as required. Many organizations have adopted remote working, creating a need for furniture that can be easily transferred or packed away. Telecommuting and flexible work environments require adjustable furniture that enhances productivity. Portable desks, chairs, and shelving units that are both compact and multifunctional are increasingly appreciated by remote workers seeking comfort and utility. This trend highlights the evolution of modern home offices into well-optimized, comfortable, and adaptable workspaces, improving the overall remote work experience.
Asia Pacific Folding Furniture Market
The folding furniture market in the Asia Pacific region is growing rapidly, driven by urbanization, rising incomes, and the trend towards compact housing in countries like China, Japan, India, and South Korea. Folding furniture is ideal for use in city centers where space is limited and every inch needs to be maximized. Increasing consumer awareness about space utilization and multifunctional furniture is contributing to market growth, further supported by advances in furniture design and the variety of products available. Developments in e-commerce and logistics also enhance market accessibility, providing manufacturers and retailers with opportunities to meet the changing demands of urban consumers seeking practical and multifunctional furniture solutions.
Relate Reports
Paper Packaging Market: https://www.renub.com/paper-packaging-market-p.php
Global Desalination Market: https://www.renub.com/global-desalination-market-p.php
Microwave Oven Market: https://www.renub.com/microwave-oven-market-p.php
Europe Microwave Oven Market : https://www.renub.com/europe-microwave-oven-market-p.php
Key players in the folding furniture market include:
• Flexsteel Industries
• Dorel Industries
• Lifetime Brands
• Home Depot
• Bassett Furniture Industries
• La-Z-Boy
• Leggett & Platt
• Haverty Furniture
Global Folding Furniture Company News
April 2022: Dorel Home, a division of Dorel Industries Inc., reopened its 9th-floor C&D Building showroom at the High Point Market, showcasing new items in addition to its expanding collection of well-known licensed brands.
February 2022: Ashley Furniture HomeStore opened a new 15,000-square-foot store in Guadalajara, Jalisco, Mexico, on Avenida Patria #120. This new location significantly supports the growth of the Ashley brand in Mexico.
Type - Market Breakup in 5 Viewpoints
1. Tables
2. Chairs
3. Sofas
4. Beds
5. Others
Application - Market Breakup in 2 Viewpoints
1. Residential
2. Commercial
Distribution Channel - Market Breakup in 4 Viewpoints
1. Supermarkets & Hypermarket
2. Specialty Stores
3. E-commerce
4. Others
Material - Market Breakup in 5 Viewpoints
1. Metal
2. Wood
3. Plastic
4. Glass
5. Others
Geography - Market Breakup of 25 countries
North America
• United States
• Canada
Europe
• France
• Germany
• Italy
• Spain
• United Kingdom
• Belgium
• Netherlands
• Turkey
Asia Pacific
• China
• Japan
• India
• Australia
• South Korea
• Thailand
• Malaysia
• Indonesia
• New Zealand
Latin America
• Brazil
• Mexico
• Argentina
Middle East & Africa
• South Africa
• Saudi Arabia
• United Arab Emirates
Company Insights:
• Overview
• Recent Development & Strategies
• Product Portfolio
• Financial Insight
About the Company:
Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 9000 syndicated reports and worked on more than 750 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.
Media Contact:
Company Name: Renub Research
Contact Person: Rajat Gupta, Marketing Manager
Phone No: +1-478-202-3244 | +91-120-421-9822 (IND)
Address: 225 Kristie Ln, Roswell, GA 30076
Email: info@renub.com
LinkedIn: https://linkedin.com/company/renub-research
Website: www.renub.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Folding Furniture Market Report by Type (Tables, Chairs, Sofas, Beds, Others) Application (Residential, Commercial) Distribution Channel (Supermarkets & Hypermarket, Specialty Stores, E-commerce, Others) Material (Metal, Wood, Plastic, Glass, Other here
News-ID: 3600062 • Views: …
More Releases from Renub Resaecrh
Global Sports Medicine Market to Hit $12.32 Billion by 2033, Driven by Rising At …
Sports Medicine Market Overview
The growing awareness of injury prevention, increased involvement in sports and physical activities, and advancements in medical technology are all contributing to the notable rise of the global sports medicine industry. The prevention, diagnosis, treatment, and rehabilitation of sports-related injuries are the primary goals of this specialized discipline, which serves athletes, fitness enthusiasts, and individuals who lead active lifestyles. The adoption of less invasive surgical procedures, the…
U.S. Cosmetics Industry Set to Surge Past $149 Billion by 2033 Amid Rising Deman …
United States Cosmetics Market Overview
According to Renub Research, with an absolute compound annual growth rate (CAGR) of 4.82% from 2025 to 2033, the United States cosmetics industry is expected to reach around US$ 149.53 billion in 2033, up from US$ 97.89 billion in 2024.
Growing consumer awareness of personal grooming and beauty improvement, particularly among millennial and Gen Z, is the primary factor driving the US industry. For example, according to…
Global Non-Invasive Prenatal Testing Market to Triple by 2033, Surging to US$ 11 …
Non-Invasive Prenatal Testing Market Overview
A type of prenatal screening called non-invasive prenatal testing (NIPT) uses a pregnant woman's blood sample to check for fetal abnormalities. By examining DNA fragments in the mother's blood, the test is primarily used to identify genetic abnormalities, such as Turner syndrome, Patau syndrome, Edwards syndrome, and Down syndrome. The treatment, which may be carried out after nine weeks of pregnancy, removes the need…
Renub Research: Global Tractor Market Set to Plough Ahead, Reaching $111.22 Bill …
Agricultural Tractors Market Overview
The growing need for automated solutions in contemporary farming is driving the rapid evolution of the agricultural tractor market. Precision agriculture, less manual work, and increased output are all made possible by tractors. To maximize field operations, farmers are implementing tractors equipped with cutting-edge technology, such as automation, telematics, and GPS, as the global demand for food increases. Trends such as climate change adaptation and sustainable…
More Releases for Folding
The Ultimate in Durability: How Outlook Folding Doors' Bi-Folding Doors Withstan …
As we find ourselves in the midst of another scorching Arizona summer, homeowners are increasingly seeking reliable and durable solutions to withstand extreme weather conditions.
Outlook Folding Doors is proud to highlight the exceptional durability of their bi-folding doors, designed to endure the harshest weather conditions while maintaining their functionality and aesthetic appeal.
Built to Last: Features and Technologies
Outlook Folding Doors' bi-folding doors [https://www.outlookfoldingdoors.com/gallery] are engineered with advanced technologies and high-quality materials…
Folding Doors: The Next Booming Market in the World| LaCantina Doors, Arcat, Fol …
HTF MI recently introduced Folding doors Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2022. At present, the market is developing its presence and some of the key players from the complete study are Sapa Building System, LaCantina Doors, Arcat, Folding Sliding Doors Limited, Bifold Doors, TWR Bifolds, Hongmen & Jieshun etc. The market Study is segmented by key…
Folding Cartons Market - Demand for SBS-based Folding Cartons to Continue at Rob …
According to a research report released by Transparency Market Research, the ASEAN folding cartons market holds an intensely competitive scenario where there are a larger number of players of all sizes. The TMR analysts expect the competitive landscape of the market to remain intense over the coming years, while the current is being led by the likes of Amcor Ltd., DS Smith Plc., and Huhtamaki Group.
Obtain Report Details @ https://www.transparencymarketresearch.com/asean-folding-cartons-market.html
The…
Sliding and Folding Door Hardware Market Report 2018: Segmentation by Type (Wood …
Global Sliding and Folding Door Hardware market research report provides company profile for Spectrum Brands, Knape and Vogt, Andersen, Tyman plc, KIN LONG Company, Richelieu Inc., ASSA ABLOY, Hafele, Roto Frank, DORMA, Siegenia-aubi and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
Folding Boxboard Market: Use of Virgin Fibers in the Manufacture of Folding Boxb …
pose growth opportunities in folding boxboard market. In its recent report addition, ‘Folding Boxboard Market by Type, Application, Opportunity Assessment, 2017-22’, Market Research Hub (MRH) evaluates the impact of developments on the growth of folding boxboard market.
Premiumization of Luxury Goods Translates Growth in Folding Boxboard Packaging
Product innovation remains primary in the fast growing folding boxboard market. Leading market players, to align with the growing concept of non-hazardous products, are increasingly banking…
Folding Cartons Market: Demand for SBS-based Folding Cartons to Continue at Robu …
The ASEAN folding cartons market has gained significant impetus from the robust growth of small- and medium-sized enterprises (SMEs) and various other industries in ASEAN countries over the last couple of years. Since there is a free trade agreement between the ASEAN countries, most of the small and large scale industries need packaging materials in large volume, consequently boosting the demand for folding cartons.
The preference for folding cartons is anticipated…
