Global Murphy Bed Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Murphy Bed market size was valued at USD 1508.4 million in 2023 and is forecast to a readjusted size of USD 1974.8 million by 2030 with a CAGR of 3.9% during review period.
Wall Bed, also known as a Murphy bed, folding bed or hide-a-bed, is a functional furniture piece that can transform any room into a bedroom instantly. These beds utilize vertical space to store and display a bed without the obvious intrusion into valuable room space. They are the perfect addition to any room that doubles as the guest bedroom, or for smaller bedrooms that have limited floor space. Wall Bed are lowered from their vertical position when in use, and can be lifted back into the vertical position in one quick movement, creating the ease of utilizing one room for multiple purposes.
Global Wall Bed key players include Wilding Wallbeds, Murphy Wall Beds Hardware, SICO Inc., Clever (Homes Casa), etc.Global top four manufacturers hold a share over 5%. North America is the largest market, with a share over 40%, followed by Europe, and China, both have a share about 40 percent. In terms of product, Single Wall Bed is the largest segment, with a share over 40%. And in terms of application, the largest application is Residential, followed by Non-Residential.
The Global Info Research report includes an overview of the development of the Murphy Bed industry chain, the market status of Residential (Single Wall Bed, Double Wall Bed), Non-Residential (Single Wall Bed, Double Wall Bed), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Murphy Bed.
Regionally, the report analyzes the Murphy Bed markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Murphy Bed market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Murphy Bed market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Murphy Bed industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Single Wall Bed, Double Wall Bed).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Murphy Bed market.
Regional Analysis: The report involves examining the Murphy Bed market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Murphy Bed market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Murphy Bed:
Company Analysis: Report covers individual Murphy Bed manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Murphy Bed This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential, Non-Residential).
Technology Analysis: Report covers specific technologies relevant to Murphy Bed. It assesses the current state, advancements, and potential future developments in Murphy Bed areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Murphy Bed market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Murphy Bed market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Single Wall Bed
Double Wall Bed
Others
Market segment by Application
Residential
Non-Residential
Major players covered
Wilding Wallbeds
Murphy Wall Beds Hardware
SICO Inc.
Clever (Homes Casa)
FlyingBeds International
Clei (Lawrance)
The London Wallbed Company
The Bedder Way Co.
More Space Place
Lagrama
BESTAR inc.
Instant Bedrooms
Twin Cities Closet Company
Murphy Bed USA
B.O.F.F. Wall Bed
Wall Beds Manufacturing
Spaceman
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Murphy Bed product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Murphy Bed, with price, sales, revenue and global market share of Murphy Bed from 2019 to 2024.
Chapter 3, the Murphy Bed competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Murphy Bed breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Murphy Bed market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Murphy Bed.
Chapter 14 and 15, to describe Murphy Bed sales channel, distributors, customers, research findings and conclusion.