Foldable Furniture Market Share

  • Report ID: 276
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Foldable Furniture Market Share

Regionally, the global foldable furniture market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2033 backed by the massively increasing urban population, and availability of small living area per person. According to World Bank figures, the urban population in East Asia and the Pacific was increased 61% of total population in the region. Additionally, for instance, in 2020, the per capita living space of urban families in China's Beijing municipality was approximately 32 square meters only.

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Foldable Furniture Market Size
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Author Credits:  Parul Atri


  • Report ID: 276
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Worldwide rapid increase in urbanization, growing landscape of rental housing, significant growth in furniture industry are some major factors driving the growth of the market.

The market is anticipated to attain a CAGR of ~10% over the forecast period, i.e., 2023-2033.

Increasing prices of raw materials such as wood, rising prices of coating and finishing, and rising prices of foam and fibers are estimated to hamper the market growth.

`o hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Inter IKEA Systems B.V., Lifetime Products, Inc., Expand Furniture Inc., Murphy Wall Beds Hardware Inc., Resource Furniture, LLC, Dorel Industries Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product type, application, distribution channel, and by region.

The offline segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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