Folding Furniture Market Report by Product Type (Tables and Chairs, Sofas, Beds, and Others), Distribution Channel (Offline, Online), Application (Residential, Commercial), and Region 2024-2032

Folding Furniture Market Report by Product Type (Tables and Chairs, Sofas, Beds, and Others), Distribution Channel (Offline, Online), Application (Residential, Commercial), and Region 2024-2032


The global folding furniture market size reached US$ 4.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.

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 report, along with forecasts at the global, regional and country level from 2024-2032. 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

1. What was the size of the global folding furniture market in 2023?
2. What is the expected growth rate of the global folding furniture market during 2024-2032?
3. What has been the impact of COVID-19 on the global folding furniture market?
4. What are the key factors driving the global folding furniture market?
5. What is the breakup of the global folding furniture market based on the product type?
6. What is the breakup of the global folding furniture market based on the distribution channel?
7. What is the breakup of the global folding furniture market based on the application?
8. What are the key regions in the global folding furniture market?
9. Who are the key players/companies in the global folding furniture market?


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

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