Report Detail
Foldable Furniture Market to 2027 - Global Analysis and Forecasts By Product (Tables and Chairs, Sofa, Beds, Others); Application (Residential, Commercial); Distribution Channel (Offline, Online)
- RnM3876460 |
- 07 February, 2020 |
- Global |
- 181 Pages |
- The Insight Partners |
- Other
The global foldable furniture market accounted for US$ 8.0 Bn in 2018 and is expected to grow at a CAGR of 6.8% over the forecast period 2019–2027, to account for US$ 14.4 Bn by 2027. The global foldable furniture market is anticipated to exhibit high growth in the near future. Rising prices of traditional wooden furniture along with environmental concerns, have paved the way for the growth of foldable furniture. However, the increasing cost of raw materials such as resin, aluminum, and plastic might lead to the rise in the cost of foldable furniture, thereby hampering its adoption. Based on product, foldable sofas is expected to grow at the highest CAGR during the forecast period, followed by others, beds and tables, and chairs segments. As, now-a-days, manufactures are coming up with multi-functional sofa sets, which can be converted into beds and can be altered easily. Based on application, 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. On the basis of distribution channel, online segment is expected to grow at the highest CAGR, due to high penetration of internet services and the increasing number of websites offering wide range of foldable furniture is also expected to drive the online sales of foldable furniture during the forecast period. Asia- Pacific held the largest share of the foldable furniture market in 2018, and it is expected to continue its dominance during the forecast period of 2019–2027. Whereas, North America is anticipated to be the fastest growing region across the globe.
The overall foldable furniture market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the foldable furniture market. It also provides the overview and forecast for the global foldable furniture market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the foldable furniture market.
TABLE OF CONTENTS
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
Summary:
Get latest Market Research Reports on Foldable Furniture . Industry analysis & Market Report on Foldable Furniture is a syndicated market report, published as Foldable Furniture Market to 2027 - Global Analysis and Forecasts By Product (Tables and Chairs, Sofa, Beds, Others); Application (Residential, Commercial); Distribution Channel (Offline, Online). It is complete Research Study and Industry Analysis of Foldable Furniture market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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