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Folding Furniture Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_22333 | Date : Jan, 2023 | Pages : 182 | Region : Global

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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 touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Folding Furniture Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

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

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Chairs
Tables
Sofas
Beds
Other
In Market segmentation by applications :

Residential
Commercial

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Folding Furniture Market for the forecast period 2023 - 2030?
• What are the driving forces in the Folding Furniture Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Folding Furniture industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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