Folding furniture is usually a great option for small spaces. It takes very little space when not used and it becomes as functional and great as any other type of furniture.
China constituted largest market share in terms of revenue in the overall foldable furniture market in 2016, followed by Europe. Growth in China and India is supplemented by rapid urbanization and need for efficient use of the available space.
The folding furniture market is segmented based on product type, application, and distribution channel. Among its key product types such as chairs, tables, sofas, beds, and other furniture, sofa is the most popular product type as it enhances the decor of the living room and accounts for around 35% of the total folding furniture revenue. The market for foldable beds would grow at the highest CAGR during the forecast period, owing to adoption of coliving trend in the US, and innovative bed designs such as murphy beds, wall beds which would fetch the demand in near future.
The folding furniture market is very fragmentation market; the revenue of top ten manufacturers accounts about 15% of the total revenue in 2016. The high-end products mainly come from USA and Europe. With increased focus on urbanization, the folding furniture market is likely to witness a strong growth in coming years
The global Folding Furniture market is valued at 9060 million US$ in 2018 is expected to reach 14300 million US$ by the end of 2025, growing at a CAGR of 5.9% during 2019-2025.
This report focuses on Folding Furniture volume and value at global level, regional level and company level. From a global perspective, this report represents overall Folding Furniture market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Ikea
Leggett & Platt
Dorel Industries
Hussey Seating
Lifetime Products
La-Z-Boy
KI
Haworth
Quanyou
Meco Corporation
BBMG Tiantan Furniture
Flexsteel Industries
RUKU Klappmöbel
Maxchief Europe
Sauder Woodworking
Qumei
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Chairs
Tables
Sofas
Beds
Other
Segment by Application
Residential
Commercial
Summary:
Get latest Market Research Reports on Folding Furniture . Industry analysis & Market Report on Folding Furniture is a syndicated market report, published as Global Folding Furniture Market Research Report 2019. It is complete Research Study and Industry Analysis of Folding Furniture market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.