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Global foldable furniture market

Global foldable furniture market segment By Product Type (Chairs, Tables, Sofas, Beds, Essentials)

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Global foldable furniture market

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  1. Global Foldable Furniture Market Outlook: Industry Insights & Opportunity Evaluation, 2017-2024 Copyright © Research Nester Pvt.Ltd.

  2. Entering New EmergingMarkets Launch & Viability of Product Competitive Analysis IndustryAnalysis Research Nester, currently serving clients from 120+ countries clients across the globe, is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid futureuncertainties. Through our robust, unbiased extensive primary and secondary research, we help organizations to understand current and future market trends, thus letting them making a prolonged yet dynamic financialinvestment. Copyright © Research Nester Pvt.Ltd.

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  6. Global Foldable Furniture Market Overview Foldable furniture includes the furniture that can be folded into a shape or position and utilizes less space. The history of the folding furniture can be dated back to the 19th century. The 19th century saw the emergence of the tremendous growth of the cities with immigrants flooding the United States (U.S.). Many immigrants started moving to the cities to get jobs in the new, developing industries. The shift was rapid with people leaving the rural areas to live in the crowded and the busy city. The population of major cities doubled and even tripled during the 1900s. With the fast paced urbanization, the industrial revolution, many people flocked to the cities and couldn’t afford proper housing. This resulted in the growth of apartment or small- space living. Even today, the majority of the apartments do not contain much space for the average person of family. The foldable furniture includes beds, tables and most importantly, the chair. Folding chairs only take up the space when they are needed and can be stored in a closet when they are not in use. A combination of the portable, lightweight and easily storable qualities has created an appeal among the general population. Today, folding chairs are the required for picnic, outdoor event, or family gathering. The folding furniture can be a great saver for an apartment or cramped house. For example, typically, a bed is only used during the short time of the nightbut,ittakesupalargeamountofspaceduringtheday.Thebed Copyright © Research Nester Pvt.Ltd.

  7. thatcanbefoldupinthewallthatturnsandrevealsabookshelf,can save much space. More open space will be available, which is essential helpful in the tiny space of an apartment. Many people living in the apartments can save space with the foldable furniture and at the same time can have better living conditions and improve effective usage of space. Market Size andForecast The folding furniture market is expected to grow at a CAGR of 7.5% to reach USD 13.2 billion over the forecast period i.e. 2017-2024. The primary factor responsible for the growth of the market will be the increased number of smaller homes in the populous cities of the world, thus leading to the need for saving space. Foldable furniture provides for effective space saving options without downscaling but rather collapsing the furniture as per the availablespace. Copyright © Research Nester Pvt.Ltd.

  8. Moreover, these furniture also offers aesthetic appeal and at the same • time reduction in space, thus leading to the growth of the market. From ceiling beds to coffee-tables, foldable furniture provides numerous innovations. The most recent trend being that of Bookniture, compact furniture hidden in a book. It looks as a small notebook, but it can be unfolded into a footrest, standing desk and a portable sidetable. • Request Report Sample@ http://www.researchnester.com/sample- request/2/rep-id-276 • MarketSegmentation • Our in-depth analysis of the global foldable furniture market includes the followingsegments: • By ProductType • Chairs • Tables • Sofas • Beds • Essentials • ByApplication • Commercial • Residential • By DistributionChannel Copyright © Research Nester Pvt.Ltd.

  9. Online • Offline • The Global foldable furniture market is further classified on the basis of Region asfollows: • ByRegion • North America (U.S. & Canada) Market size, Y-O-Y growth & OpportunityAnalysis • Latin America (Brazil, Mexico, Rest of Latin America) Market size,Y- • O-Y growth & OpportunityAnalysis • Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & OpportunityAnalysis • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & OpportunityAnalysis • Middle East and Africa (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis • Growth Drivers andChallenges • The growth of the market is primarily driven by the adoption of the furniture in the populated cities of the world namely, Beijing, Tokyo, New York and Delhi due to the increasing ownership of smaller homes. Further, the rapid pace of urbanization and growth in the real estate industry influence the folding furniture industry. In U.S.the Copyright © Research Nester Pvt.Ltd.

  10. growing trend towards the rented apartments has been observed among the population who are inclined towards affordable, multifunctional and smaller furniture that suits their changing lifestyles. Moreover, the folding furniture manufacturers are trying to cater to the metropolitan ways of life of consumers and are adding appealing features to the furniture. Therefore, the manufacturers in order to meet the rising needs of the consumers are diversifying their product portfolio. Their furniture now includes the various attributes that are aesthetically appealing and light weight, and thus supplementing the growth of the global foldable furniture market. However, the market growth is hampered by the rising prices of the raw materials such as leather, foam and wood. In addition, the costs of coating and finishing have also increased which has increased the price of the furniture in the U.S. and China. Moreover, the rising prices of the foam and fiber may also hamper the growth of the market. The folding furniture market is expected to grow at a higher pace in Asia Pacific and Europe. The folding-furniture industry in Asia Pacific would be driven by the growth in population and smaller living areas. As for the Europe, the space saving furniture is gaining popularity, which has led to the expansion across the region. For instance, Italian designed small coffee table can be expanded into dinner table and a beautiful wall that spins 180º and then unfolds into a queen-sized bed with the help of hydraulic mechanism. These Copyright © Research Nester Pvt.Ltd.

  11. innovations within the folding furniture market are expected to drive • the Europe folding furniture market during the forecastperiod. • The folding furniture is sold through the offline and the online channels. However, the offline channels will dominate the market, while the online channel will grow at a significant CAGR during the forecastperiod. • KeyPlayers • Lifetime Products,Inc. • CompanyOverview • Key ProductOfferings • BusinessStrategy • SWOTAnalysis • Financials • ExpandFurniture • ResourceFurniture • IKEA • Cosco • Murphy WallBeds • Meco • Nova • Kestell • Mogo • Scope andContext Copyright © Research Nester Pvt.Ltd.

  12. Overview of the ParentMarket • AnalystView • Segmentation • The Global Foldable Furniture Market is segmented as follows: • By Product Type Market Size & Y-O-Y GrowthAnalysis • By Application Market Size & Y-O-Y GrowthAnalysis • By Distribution Channel Size & Y-O-Y GrowthAnalysis • By Region Market Size & Y-O-Y GrowthAnalysis • Market Dynamics Supply & DemandRisk • Competitive Landscape Porter’s Five ForceModel • Geographical EconomicActivity Key Players (respective SWOT Analysis) and ProductPortfolio their Strategies and Recent Trends andDevelopments Industry Growth Drivers andChallenges Copyright © Research Nester Pvt.Ltd.

  13. Key Information for Players to establish themselves in currentKey Information for Players to establish themselves in current dynamicenvironment To know more about Global Foldable Furniture Market research, please visit: http://www.researchnester.com/reports/foldable-furniture-market-global- demand-analysis-opportunity-outlook-2024/276 RelatedReports: http://www.researchnester.com/reports/shea-butter-market-global- demand-analysis-opportunity-outlook-2024/289 http://www.researchnester.com/reports/air-freshener-market-global- demand-analysis-opportunity-outlook-2024/287 For More Info/Enquiry, Please Visit usat: Research Nester Pvt.Ltd. 1820 AvenueM, Suite #1113 Brooklyn, New York11230 U.S. (T) +1 646 5869123 Canada (T) +1 437 8893230 U.K. (T) +44 203 6085919 www.researchnester.com, info@researchnester.com Copyright © Research Nester Pvt.Ltd.

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