Foldable Furniture Industry - Regional Synopsis
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, Asia Pacific industry is predicted to hold largest revenue share of 41% by 2037, 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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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of foldable furniture is estimated at USD 12.8 billion.
The foldable furniture market size was valued at USD 10.94 billion in 2024 and is set to exceed USD 38.67 billion by 2037, registering over 10.2% CAGR during the forecast period i.e., between 2025-2037. Worldwide rapid increase in urbanization, growing landscape of rental housing, significant growth in furniture industry will drive the market growth.
Asia Pacific industry is predicted to hold largest revenue share of 41% by 2037, driven by massively increasing urban population, and availability of small living area per person in the region.
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., Kestell Furniture LLC, La-Z-Boy Incorporated, Bush Industries, Inc., Haworth, Inc.
