Press release
Folding Furniture Market Size, Share, Growth Trends And Outlook Forecast 2024-2033
Folding Furniture Market
As per the report, the folding furniture market size has grown strongly in recent years. It will grow from $9.87 billion in 2023 to $10.53 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The folding furniture market size is expected to see strong growth in the next few years. It will grow to $13.69 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%.
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What Is Driving The Growth Of The Global Folding Furniture Market?
Exploring The Impact Of Home Renovation On Outdoor Furniture Market
The increasing focus on space optimization and home renovation is expected to propel the growth of the folding furniture market going forward. Home renovation refers to improving, remodeling, or updating an existing residential property to enhance its functionality, aesthetics, or value. The focus on home renovation arises because of personalization, property value, functionality, sustainability, lifestyle changes, and housing stock conditions. Folding furniture is commonly used in home renovation projects to enhance and extend outdoor and indoor living spaces, providing homeowners with functional and comfortable areas for relaxation, dining, and entertaining.
What Is The Key Trend In The Global Folding Furniture Market?
Innovative Foldable Racing Simulator Chairs Enhance Realistic Experience And Compact Storage
Major companies operating in the folding furniture market focus on advanced designs such as smart and fancy foldable racing sim cockpit chairs to provide a realistic racing experience while compact and easy to store. Smart and fancy foldable racing simulator cockpit chairs are seating solutions designed exclusively for racing simulation fans. They are connected with technology and provide the ease of quick storage and mobility without sacrificing stability or durability during usage.
How Is The Global Folding Furniture Market Segmented?
The folding furniture market covered in this report is segmented -
1) By Product Type: Chairs, Tables, Sofas, Beds, Other Product Types
2) By Material: Wood, Metal, Plastic
3) By Distribution Channel: Offline, Online
4) By Application: Residential, Commercial
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How Is The Competitive Landscape Of The Global Folding Furniture Market?
Major companies operating in the folding furniture market are Samsonite Corporation, Herman Miller Inc., Raymour & Flanigan, Haworth Inc., Dorel Industries, Lifetime Products Inc., Hooker Furnishings Corporation, Sauder Woodworking Co., Hussey Seating Company, Urban Ladder, National Public Seating, Resource Furniture, MECO Corp., Eurosteel Office Furniture, Murphy Wall Beds Hardware Inc., Gopak, CoscoProducts.com, Expand Furniture, Flexfurn, Nilkamal Furniture, Spec Seats
Contents Of The Global Folding Furniture Market
1. Executive Summary
2. Folding Furniture Market Report Structure
3. Folding Furniture Market Trends And Strategies
4. Folding Furniture Market - Macro Economic Scenario
5. Folding Furniture Market Size And Growth
…..
27. Folding Furniture Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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