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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1058439

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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1058439

Folding Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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The global folding furniture market reached a value of US$ 3.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 5.18 Billion by 2027 exhibiting a CAGR of 4.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Folding furniture is installed in small rooms or buildings for various purposes, such as sleeping and storage. It involves movable articles, such as chairs, tables, beds, desks, cabinets, cupboards, and kitchen interiors, which are durable, ergonomic, convenient, convertible, affordable, lightweight, and user-friendly. It is manufactured using wood, steel, plastic, and aluminum and is available in a wide variety of aesthetically appealing styles and finishes that take minimal space. Nowadays, manufacturers are offering an innovative range of multi-purpose furniture with improved aesthetics, functionality, comfort, and storage capacities.

Folding Furniture Market Trends:

  • Due to the global spread of the coronavirus disease (COVID-19) and lockdown measures implemented by governing agencies of numerous countries, businesses around the world have shifted to remote working models. This represents one of the key factors augmenting the need for folding office furniture as it helps in creating a personalized working space at home. Moreover, the significant growth in the real estate sector is positively influencing the demand for folding furniture in residential and commercial establishments. Apart from this, the rising trend of compact and integrated modular homes due to the increasing number of nuclear families is contributing to the market growth. This can also be attributed to the escalating demand for minimalist furniture designs on account of changing lifestyles and rapid urbanization. Furthermore, leading players are offering customized furniture products via online retail channels. They are also launching augmented reality (AR) based apps that allow customers to test products in real-time by providing a virtual three-dimensional (3D) model of furnishing within a space. This, in confluence with the thriving e-commerce industry, is anticipated to strengthen the growth of the market.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global folding furniture market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, distribution channel and application.

Breakup by Product Type:

  • Tables and Chairs
  • Sofas
  • Beds
  • Others

Breakup by Distribution Channel:

  • Offline
  • Online

Breakup by Application:

  • Residential
  • Commercial

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Ashley Furniture Industries Inc., Dorel Industries Inc., Flexfurn limited, Haworth Inc. (Haworth International Ltd.), Hussey Seating Company, Inter IKEA Systems B.V. (Inter IKEA Holding B.V), Kestell Furniture LLC, La-Z-Boy Incorporated, Lifetime Products Inc., Meco Corporation, Murphy Wall Beds Hardware Inc, Nilkamal Furniture and Sauder Woodworking Company. Key Questions Answered in This Report:

  • How has the global folding furniture market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global folding furniture market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global folding furniture market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR0222A290_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Folding Furniture Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product Type

  • 6.1 Tables and Chairs
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Sofas
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Beds
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Distribution Channel

  • 7.1 Offline
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Online
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Residential
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Commercial
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Ashley Furniture Industries Inc.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 Dorel Industries Inc.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
    • 14.3.3 Flexfurn limited
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Haworth Inc. (Haworth International Ltd.)
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 SWOT Analysis
    • 14.3.5 Hussey Seating Company
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Inter IKEA Systems B.V. (Inter IKEA Holding B.V)
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Kestell Furniture LLC
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 La-Z-Boy Incorporated
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Lifetime Products Inc.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Meco Corporation
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 Murphy Wall Beds Hardware Inc
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Nilkamal Furniture
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
    • 14.3.13 Sauder Woodworking Company
      • 14.3.13.1 Company Overview
      • 14.3.13.2 Product Portfolio
Product Code: SR0222A290_Report

List of Figures

  • Figure 1: Global: Folding Furniture Market: Major Drivers and Challenges
  • Figure 2: Global: Folding Furniture Market: Sales Value (in Billion US$), 2016-2021
  • Figure 3: Global: Folding Furniture Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 4: Global: Folding Furniture Market: Breakup by Product Type (in %), 2021
  • Figure 5: Global: Folding Furniture Market: Breakup by Distribution Channel (in %), 2021
  • Figure 6: Global: Folding Furniture Market: Breakup by Application (in %), 2021
  • Figure 7: Global: Folding Furniture Market: Breakup by Region (in %), 2021
  • Figure 8: Global: Folding Furniture (Tables and Chairs) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 9: Global: Folding Furniture (Tables and Chairs) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 10: Global: Folding Furniture (Sofas) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 11: Global: Folding Furniture (Sofas) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 12: Global: Folding Furniture (Beds) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 13: Global: Folding Furniture (Beds) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 14: Global: Folding Furniture (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 15: Global: Folding Furniture (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 16: Global: Folding Furniture (Offline) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 17: Global: Folding Furniture (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 18: Global: Folding Furniture (Online) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 19: Global: Folding Furniture (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 20: Global: Folding Furniture (Residential) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 21: Global: Folding Furniture (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 22: Global: Folding Furniture (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 23: Global: Folding Furniture (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 24: North America: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 25: North America: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 26: United States: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 27: United States: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 28: Canada: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 29: Canada: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 30: Asia-Pacific: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 31: Asia-Pacific: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 32: China: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 33: China: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 34: Japan: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 35: Japan: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 36: India: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 37: India: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 38: South Korea: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 39: South Korea: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 40: Australia: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 41: Australia: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 42: Indonesia: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 43: Indonesia: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 44: Others: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 45: Others: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 46: Europe: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 47: Europe: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 48: Germany: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 49: Germany: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 50: France: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 51: France: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 52: United Kingdom: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 53: United Kingdom: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 54: Italy: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 55: Italy: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 56: Spain: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 57: Spain: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 58: Russia: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 59: Russia: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 60: Others: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 61: Others: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 62: Latin America: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 63: Latin America: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 64: Brazil: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 65: Brazil: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 66: Mexico: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 67: Mexico: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 68: Others: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 69: Others: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 70: Middle East and Africa: Folding Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 71: Middle East and Africa: Folding Furniture Market: Breakup by Country (in %), 2021
  • Figure 72: Middle East and Africa: Folding Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 73: Global: Folding Furniture Industry: SWOT Analysis
  • Figure 74: Global: Folding Furniture Industry: Value Chain Analysis
  • Figure 75: Global: Folding Furniture Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Folding Furniture Market: Key Industry Highlights, 2021 and 2027
  • Table 2: Global: Folding Furniture Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
  • Table 3: Global: Folding Furniture Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
  • Table 4: Global: Folding Furniture Market Forecast: Breakup by Application (in Million US$), 2022-2027
  • Table 5: Global: Folding Furniture Market Forecast: Breakup by Region (in Million US$), 2022-2027
  • Table 6: Global: Folding Furniture Market: Competitive Structure
  • Table 7: Global: Folding Furniture Market: Key Players
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