Foldable Furniture Market to 2027 - Global Analysis and Forecasts By Product (Tables and Chairs, Sofa, Beds, Others); Application (Residential, Commercial); Distribution Channel (Offline, Online)
The foldable furniture market accounted to US$ 8.0 Bn in 2018 and is expected to grow at a CAGR of 6.8% during the forecast period 2019 – 2027, to account to US$ 14.4 Bn by 2027.
Geographically, the foldable furniture market is segmented into North America, APAC, Europe, MEA, and SAM. Asia Pacific led the Foldable Furniture Market in 2018 with a significant market share. In addition to rising population, several government measures for attracting investments in construction and infrastructural development is a major factor that is contributing to the growth of the market. The growing trend of urbanization is also anticipated to drive the market growth in the coming years. According to the National Bureau of Statistics, the urbanization rate in China reached 59.6% in 2018, up by 1.1% points over that by the end of 2017. Asia Pacifc is followed by North America, Europe, MEA, and SAM. The US is the hub of innovations in North America with the presence of a large number of market players such as Kestell, Lifetime Products, Meco Corporation, Leggett & Platt, and La-Z-Boy. Large number of vendors are coming forward for offering technologically advanced foldable furniture; by Expand Furniture offers NYC space saving furniture that can be converted from sofa to bed, as well as table. Europe is the third-largest market for the global foldable furniture market. Major factors contributing to the growth of the market in this region include constant increase in population, availability of smaller living areas, and growing activities of repair and rehabilitation of infrastructure and interiors. In MEA, Rapid construction of hospitals, schools, luxury hotels, premium guest houses, office buildings, residential apartments and societies, shopping malls, and theatres in African cities is propelling the demand for foldable furniture in the market. The South American region also witnessed significant infrastructural development such as commercial complexes, educational institutions & universities, shopping malls, hospitals, and government offices.
Foldable Furniture Market
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Market Insights
Low-cost and diversified foldable space-saving furniture offered by the market players
There is a high demand for wall-mounted beds and chairs, and sofa beds (sofas that can be converted to beds), among others. Such flexibility offered by convertible furniture helps the people living in small apartments manage the space available at their houses; sofa beds can be converted into beds at nights and can be rearranged back to sofa in the daytime.
Rising preference for eco-friendly foldable furniture
The growing emphasis on eco-friendly foldable furniture is one of the leading trends in the market. Deforestation and the burning of forests contribute to ~20% of greenhouse gas emissions; on the same lines, factors such as global warming and environmental preservation concerns encourage the use and manufacture of eco-friendly plant-based products, including furniture.
Product Insights
Based on product, the market is segmented into: Tables and Chairs, Sofa, Beds, and Others. Tables and chairs segment led the foldable furniture market due to the increasing demand for tables and chairs in libraries, schools, colleges, and offices, as well as in sporting events. In February 2019, Inter IKEA Systems B.V., launched space-saving shelving units with foldable tables; these are multifunctional units that can be used as dining tables as well as desks.
Application Insights
Based on application, the Foldable Furniture market has been segmented into residential and commercial. In 2018, demand for foldable furniture in residential applications was higher than that in commercial ones, and the same trend is expected to continue during the forecast period. The residential applications include the use of foldable furniture in kitchens and dining rooms, living rooms, bedrooms, and outdoor areas, among others.
Distribution Channel Insights
Based on distribution channel, the foldable furniture market has been segmented into offline and online. Offline distribution channel led the foldable furniture market due to the presence of popular offline retail stores, having self-operated outlets. They also offer customization features to the users for building a strong brand image and attracting the larger user base.
Rest of Asia Pacific Foldable Furniture Market by Product
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Strategic Insights
Some of the market Initiatives were observed to be most adopted strategy in the global Foldable Furniture Market. Few of the recent market initiatives are listed below:
- In 2019, Leggett & Platt acquired ECS for extension of its product line in bedding and furniture industries. ECS operates as a new business unit titled Specialty Foam within the residential products segment of the Leggett & Platt.
- In 2018, Expand Furniture released New Alzare transforming coffee table, the table can transform from simple coffee table to small dining table or desk.
- In 2018, Dorel Home announced the acquisition of assets and operations of Alphason and would integrate them into Dorel Home’s existing Dorel Home Furnishings European division.
GLOBAL FOLDABLE FURNITURE MARKET SEGMENTATION
Global Foldable Furniture Market - By Product
- Tables and Chairs
- Sofa
- Beds
- Others
Global Foldable Furniture Market - By Application
- Residential
- Commercial
Global Foldable Furniture Market - By Distribution Channel
- Offline
- Online
Global Foldable Furniture Market - By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Russia
- UK
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- U.A.E.
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America (SAM)
Global Foldable Furniture Market - Company Profiles
- Dorel Industries Inc.
- Expand Furniture Inc
- INTER IKEA SYSTEMS B.V.
- Kestell Furniture LLC
- La-Z-Boy
- Lifetime Products
- Meco Corporation
- Murphy Wall-Beds Hardware Inc.
- Resource Furniture
- LEGGETT & PLATT, INC.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Foldable Furniture Market – By Product
1.3.2 Global Foldable Furniture Market – By Application
1.3.3 Global Foldable Furniture Market – By Distribution Channel
1.3.4 Global Foldable Furniture Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Foldable Furniture Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 APAC – PEST Analysis
4.2.4 Middle East and Africa – PEST Analysis
4.2.5 SAM – PEST Analysis
4.3 Ecosystem Analysis
5. Foldable Furniture Market – Market Dynamics
5.1 Key Market Drivers
5.1.1 Low-cost and diversified foldable space-saving furniture offered by the market players
5.1.2 Rapid pace of industrialization leading to rise in urbanization
5.2 Key Market Restraints
5.2.1 High prices of raw materials
5.3 Key Market Opportunities
5.4 Introduction of Innovative Bed Designs
5.5 Future Trends
5.5.1 Rising preference for eco-friendly foldable furniture
5.6 Impact Analysis of Drivers and Restraints
6. Foldable Furniture Market – Global Market Analysis
6.1 Global Foldable Furniture Market Overview
6.2 Global Foldable Furniture Market Forecast and Analysis
6.3 Market Positioning - Top Five Players
7. Foldable Furniture Market – By Product
7.1 Overview
7.2 Foldable Furniture Market Breakdown, by Product, 2018 and 2027
7.3 Tables and Chairs
7.3.1 Overview
7.3.2 Foldable Table and Chair Market, Revenue and Forecast to 2027 (US$ Mn)
7.4 Sofas
7.4.1 Overview
7.4.2 Foldable Sofa Market, Revenue and Forecast to 2027 (US$ Mn)
7.5 Beds
7.5.1 Overview
7.5.2 Foldable Bed Market, Revenue and Forecast to 2027 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Other Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
8. Foldable Furniture Market – By Application
8.1 Overview
8.2 Foldable Furniture Market Breakdown, by Application, 2018 and 2027
8.3 Residential
8.3.1 Overview
8.3.2 Foldable Furniture Market for Residential Applications, Revenue and Forecast to 2027 (US$ Mn)
8.4 Commercial
8.4.1 Overview
8.4.2 Foldable Furniture Market for Commercial Applications, Revenue and Forecast to 2027 (US$ Mn)
9. Foldable Furniture Market Analysis – By Distribution Channel
9.1 Overview
9.2 Foldable Furniture Market Breakdown, by Distribution Channel, 2018 and 2027
9.3 Offline
9.3.1 Overview
9.3.2 Foldable Furniture Market for Offline Channel, Revenue and Forecast to 2027 (US$ Mn)
9.4 Online
9.4.1 Overview
9.4.2 Foldable Furniture Market for Online Distribution Channel, Revenue and Forecast to 2027 (US$ Mn)
10. Global Foldable Furniture Market – Geographic Analysis
10.1 Overview
10.2 North America Foldable Furniture Market, Revenue and Forecast to 2027
10.2.1 Overview
10.2.2 North America Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.2.3 North America Foldable Furniture Market Breakdown, By Product
10.2.4 North America Foldable Furniture Market Breakdown, by Application
10.2.5 North America Foldable Furniture Market Breakdown, by Distribution Channel
10.2.6 North America Foldable Furniture Market Breakdown, by Country
10.2.7 US Foldable Furniture Market, Revenue and Forecast to 2027
10.2.8 Canada Foldable Furniture Market, Revenue and Forecast to 2027
10.2.9 Mexico Foldable Furniture Market, Revenue and Forecast to 2027
10.3 Europe Foldable Furniture Market Revenue and Forecast to 2027
10.3.1 Overview
10.3.2 Europe Foldable Furniture Market Revenue and Forecast to 2027 (US$ Mn)
10.3.3 Europe Foldable Furniture Market Breakdown, by Product
10.3.4 Europe Foldable Furniture Market Breakdown, by Application
10.3.5 Europe Foldable Furniture Market Breakdown, by Distribution Channel
10.3.6 UK Foldable Furniture Market, Revenue and Forecast to 2027
10.3.7 Germany Foldable Furniture Market, Revenue and Forecast to 2027
10.3.8 Russia Foldable Furniture Market, Revenue and Forecast to 2027
10.3.9 France Foldable Furniture Market, Revenue and Forecast to 2027
10.3.10 Italy Foldable Furniture Market, Revenue and Forecast to 2027
10.3.11 Rest of Europe Foldable Furniture Market, Revenue and Forecast to 2027
10.4 APAC Foldable Furniture Market, Revenue and Forecast to 2027
10.4.1 Overview
10.4.2 APAC Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.3 APAC Foldable Furniture Market Breakdown, by Product
10.4.4 APAC Foldable Furniture Market Breakdown, by Application
10.4.5 APAC Foldable Furniture Market Breakdown, by Distribution channel
10.4.6 APAC Foldable Furniture Market Breakdown, by Country
10.4.7 China Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.8 Japan Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.9 South Korea Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.10 Australia Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.11 India Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.4.12 Rest of APAC Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.5 MEA Foldable Furniture Market, Revenue and Forecast to 2027
10.5.1 Overview
10.5.2 MEA Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.5.3 MEA Foldable Furniture Market Breakdown, by Product
10.5.4 MEA Foldable Furniture Market Breakdown, by Application
10.5.5 MEA Foldable Furniture Market Breakdown, by Distribution channel
10.5.6 South Africa Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.5.7 Saudi Arabia Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.5.8 UAE Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.5.9 Rest of MEA Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
10.6 South America Foldable Furniture Market Revenue and Forecast to 2027
10.6.1 Overview
10.6.2 South America Foldable Furniture Market Revenue and Forecast to 2027 (US$ Mn)
10.6.3 SAM Foldable Furniture Market Breakdown, by Product
10.6.4 SAM Foldable Furniture Market Breakdown, by Application
10.6.5 SAM Foldable Furniture Market Breakdown, by Distribution channel
10.6.6 SAM Foldable Furniture Market Breakdown, by Country
10.6.7 Brazil Foldable Furniture Market, Revenue and Forecast to 2027
10.6.8 Argentina Foldable Furniture Market, Revenue and Forecast to 2027
10.6.9 Rest of SAM Foldable Furniture Market, Revenue and Forecast to 2027
11. Foldable Furniture Market - Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New Development
12. Foldable Furniture Market - Company Profiles
12.1 Dorel Industries Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Expand Furniture Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kestell Furniture LLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 La-Z-Boy
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Lifetime Products
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Meco Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Resource Furniture
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Murphy Wall-Beds Hardware Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Inter IKEA Systems B.V.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 LEGGETT & PLATT, INC.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Global Foldable Furniture Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Global Foldable Furniture Market, by Region, 2018–2027 (USD Million)
Table 3. Global Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 4. Global Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 5. Global Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 6. North America: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 7. North America: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 8. North America: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 9. North America: Foldable Furniture Market, by Country, 2018–2027 (USD Million)
Table 10. US: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 11. US: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 12. US: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 13. Canada: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 14. Canada: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 15. Canada: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 16. Mexico: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 17. Mexico: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 18. Mexico: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 19. Europe: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 20. Europe: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 21. Europe: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 22. Europe Foldable Furniture Market Breakdown, by Country
Table 23. Europe: Foldable Furniture Market, by Country, 2018–2027 (USD Million)
Table 24. UK: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 25. UK: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 26. UK: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 27. Germany: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 28. Germany: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 29. Germany: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 30. Russia: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 31. Russia: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 32. Russia: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 33. France: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 34. France: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 35. France: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 36. Italy: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 37. Italy: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 38. Italy: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 39. Rest of Europe: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 40. Rest of Europe: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 41. Rest of Europe: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 42. Asia-Pacific: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 43. Asia-Pacific: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 44. Asia-Pacific: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 45. Asia-Pacific: Foldable Furniture Market, by Country, 2018–2027 (USD Million)
Table 46. China: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 47. China: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 48. China: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 49. Japan: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 50. Japan: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 51. Japan: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 52. South Korea: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 53. South Korea: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 54. South Korea: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 55. Australia: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 56. Australia: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 57. Australia: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 58. India: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 59. India: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 60. India: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 61. Rest of Asia-Pacific: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 62. Rest of Asia-Pacific: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 63. Rest of Asia-Pacific: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 64. Middle East and Africa: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 65. Middle East and Africa: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 66. Middle East and Africa: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 67. MEA Foldable Furniture Market Breakdown, By Country
Table 68. Middle East and Africa: Foldable Furniture Market, by Country, 2018–2027 (USD Million)
Table 69. South Africa: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 70. South Africa: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 71. South Africa: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 72. Saudi Arabia: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 73. Saudi Arabia: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 74. Saudi Arabia: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 75. UAE: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 76. UAE: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 77. UAE: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 78. Rest of Middle East and Africa: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 79. Rest of Middle East and Africa: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 80. Rest of Middle East and Africa: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 81. South America: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 82. South America: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 83. South America: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 84. South America: Foldable Furniture Market, by Country, 2018–2027 (USD Million)
Table 85. Brazil: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 86. Brazil: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 87. Brazil: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 88. Argentina: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 89. Argentina: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 90. Argentina: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 91. Rest of South America: Foldable Furniture Market, by Product, 2018–2027 (USD Million)
Table 92. Rest of South America: Foldable Furniture Market, by Application, 2018–2027 (USD Million)
Table 93. Rest of South America: Foldable Furniture Market, by Distribution Channel, 2018–2027 (USD Million)
Table 94. Glossary of Term: Foldable Furniture Market
LIST OF FIGURES
Figure 1. Foldable Furniture Market Segmentation
Figure 2. Foldable Furniture Market Segmentation – Geography
Figure 3. Foldable Furniture Market: Competition Landscape
Figure 4. Foldable Furniture Market Overview
Figure 5. Foldable Furniture Market, by Product
Figure 6. Foldable Furniture Market, by Application
Figure 7. Foldable Furniture Market, by Distribution Channel
Figure 8. Foldable Furniture Market, by Geography
Figure 9. North America – PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. APAC – PEST Analysis
Figure 12. Middle East and Africa – PEST Analysis
Figure 13. SAM – PEST Analysis
Figure 14. Ecosystem Analysis – Foldable Furniture Market
Figure 15. Foldable Furniture Market, Impact Analysis of Drivers and Restraints
Figure 16. Global Foldable Furniture Market- Geographical Analysis
Figure 17. Global Foldable Furniture Market Forecast and Analysis, (US$ Mn)
Figure 18. Foldable Furniture Market Breakdown, by Product, 2018 and 2027 (%)
Figure 19. Foldable Table and Chair Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 20. Foldable Sofa Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Foldable Bed Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 22. Other Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Foldable Furniture Market Breakdown, by Application, 2018 and 2027 (%)
Figure 24. Personal Consumption Expenditures: Furnishing and Durable Household Equipment (US$ Bn)
Figure 25. Foldable Furniture Market for Residential Applications, Revenue and Forecast to 2027 (US$ Mn)
Figure 26. Foldable Furniture Market for Commercial Applications, Revenue and Forecast to 2027 (US$ Mn)
Figure 27. Foldable Furniture Market Breakdown, by Distribution channel, 2018 and 2027 (%)
Figure 28. Foldable Furniture Market for Offline Channel, Revenue and Forecast to 2027 (US$ Mn)
Figure 29. Foldable Furniture Market for Online Distribution Channel, Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Global Foldable Furniture Market Breakdown, by Region, 2018 & 2027 (%)
Figure 31. North America Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 32. North America Foldable Furniture Market Breakdown, By Product, 2018 & 2027 (%)
Figure 33. North America Foldable Furniture Market Breakdown, by Application, 2018 & 2027 (%)
Figure 34. North America Foldable Furniture Market Breakdown, by Distribution Channel, 2018 & 2027 (%)
Figure 35. North America Foldable Furniture Market Breakdown, by Country, 2018 & 2027 (%)
Figure 36. US Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 37. Canada Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 38. Mexico Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 39. Europe Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 40. Europe Foldable Furniture Market Breakdown, by Product, 2018 & 2027 (%)
Figure 41. Europe Foldable Furniture Market Breakdown, by Application, 2018 & 2027 (%)
Figure 42. Europe Foldable Furniture Market Breakdown, by Distribution Channel, 2018 & 2027 (%)
Figure 43. Europe Foldable Furniture Market Breakdown, by Country, 2018 & 2027(%)
Figure 44. UK Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 45. Germany Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 46. Russia Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 47. France Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 48. Italy Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 49. Rest of Europe Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 50. APAC Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 51. APAC Foldable Furniture Market Breakdown, by Product, 2018 & 2027 (%)
Figure 52. APAC Foldable Furniture Market Breakdown, by Application, 2018 & 2027 (%)
Figure 53. APAC Foldable Furniture Market Breakdown, By Distribution channel, 2018 & 2027 (%)
Figure 54. APAC Foldable Furniture Market Breakdown, by Country, 2018 & 2027 (%)
Figure 55. China Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 56. Japan Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 57. South Korea Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 58. Australia Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 59. India Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 60. Rest of APAC Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 61. MEA Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 62. MEA Foldable Furniture Market Breakdown, by Product, 2018 & 2027 (%)
Figure 63. MEA Foldable Furniture Market Breakdown, by Application, 2018 & 2027 (%)
Figure 64. MEA Foldable Furniture Market Breakdown, by Distribution channel, 2018 & 2027 (%)
Figure 65. MEA Foldable Furniture Market Breakdown, By Country, 2018 & 2027 (%)
Figure 66. South Africa Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 67. Saudi Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 68. UAE Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 69. Rest of MEA Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 70. South America Foldable Furniture Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 71. SAM Foldable Furniture Market Breakdown, by Product, 2018 & 2027 (%)
Figure 72. SAM Foldable Furniture Market Breakdown, by Application, 2018 & 2027 (%)
Figure 73. SAM Foldable Furniture Market Breakdown, by Distribution channel, 2018 & 2027 (%)
Figure 74. SAM Foldable Furniture Market Breakdown, by Country, 2018 & 2027 (%)
Figure 75. Brazil Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 76. Argentina Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 77. Rest of SAM Foldable Furniture Market, Revenue and Forecast, 2018–2027 (US$ Mn)
The List of Companies - Foldable Furniture Market
- Dorel Industries Inc.
- Expand Furniture Inc
- INTER IKEA SYSTEMS B.V.
- Kestell Furniture LLC
- La-Z-Boy
- Lifetime Products
- Meco Corporation
- Murphy Wall-Beds Hardware Inc.
- Resource Furniture
- LEGGETT & PLATT, INC.
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Frequently Asked Questions
Increasing preference towards one person or two-person households in the North American countries such as U.S., Canada, and Mexico has urged consumers to invest in foldable furniture owing to less usage as well as smaller living space.
The foldable furniture market players are trying to widen their reach in the market through the launch of innovative beds. Their major focus on beds is ascribed to the large share of this segment, 11.5%, in 2018 of the foldable furniture market. The foldable beds can be installed quickly and usually don’t have steel bars, which makes it comfortable and easy to use.
The residential application held a larger share of the foldable furniture market in 2018, and this share is mainly attributed to increased demand for space-saving furniture due to a large number of people shifting in small apartments and buildings. Additionally, multiple transformation options also lead to the growth of the market for this segment.