According to our (Global Info Research) latest study, the global Queen Size Murphy Cabinet Bed market size was valued at USD 262.4 million in 2022 and is forecast to a readjusted size of USD 390.8 million by 2029 with a CAGR of 5.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Queen Size Murphy Cabinet Bed market is experiencing steady growth due to the increasing demand for space-saving furniture and the growing trend of multi-functional furniture. The market is concentrated in North America, where the concept of Murphy beds originated, and is also gaining popularity in Europe and Asia-Pacific. The major sales regions for Queen Size Murphy Cabinet Beds are the United States and Canada, where the demand for space-saving furniture is high due to the smaller living spaces in urban areas. The market is also growing in Europe, particularly in countries like Germany, France, and the UK, where the trend of multi-functional furniture is gaining traction.The market concentration is high, with a few key players dominating the market. These players are focusing on product innovation and customization to cater to the diverse needs of consumers. The market is also witnessing the entry of new players, which is intensifying the competition.The market opportunities for Queen Size Murphy Cabinet Beds are significant, as consumers are increasingly looking for furniture that can serve multiple purposes and save space. The growing trend of home renovation and remodeling is also driving the demand for these beds.However, the market also faces some challenges, such as the high cost of these beds compared to traditional beds and the limited availability of customization options. The market also faces competition from other space-saving furniture options, such as sofa beds and wall beds.
This report is a detailed and comprehensive analysis for global Queen Size Murphy Cabinet Bed market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Queen Size Murphy Cabinet Bed market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Queen Size Murphy Cabinet Bed market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Queen Size Murphy Cabinet Bed market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Queen Size Murphy Cabinet Bed market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Queen Size Murphy Cabinet Bed
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Queen Size Murphy Cabinet Bed market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wilding Wallbeds, Murphy Wall Beds Hardware, SICO Inc., FlyingBeds International and The London Wallbed Company, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Queen Size Murphy Cabinet Bed market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single Bed
Double Bed
Others
Market segment by Application
Commercial
Household
Major players covered
Wilding Wallbeds
Murphy Wall Beds Hardware
SICO Inc.
FlyingBeds International
The London Wallbed Company
The Bedder Way Co.
More Space Place
Lagrama
BESTAR
Instant Bedrooms
Twin Cities Closet Company
Murphy Bed USA
B.O.F.F. Wall Bed
Wall Beds Manufacturing
Spaceman
Merax
Harper & Bright Designs
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Queen Size Murphy Cabinet Bed product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Queen Size Murphy Cabinet Bed, with price, sales, revenue and global market share of Queen Size Murphy Cabinet Bed from 2018 to 2023.
Chapter 3, the Queen Size Murphy Cabinet Bed competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Queen Size Murphy Cabinet Bed breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Queen Size Murphy Cabinet Bed market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Queen Size Murphy Cabinet Bed.
Chapter 14 and 15, to describe Queen Size Murphy Cabinet Bed sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Queen Size Murphy Cabinet Bed. Industry analysis & Market Report on Queen Size Murphy Cabinet Bed is a syndicated market report, published as Global Queen Size Murphy Cabinet Bed Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Queen Size Murphy Cabinet Bed market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.