Wall Beds Market 2024-2028
The wall beds market is forecasted to grow by USD 1167.6 mn during 2023-2028, accelerating at a CAGR of 6.8% during the forecast period. The report on the wall beds market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for space-saving home furniture, innovation and portfolio extension leading to premiumization, and growing adoption of tiny homes.
Technavio's wall beds market is segmented as below:
- By Distribution Channel
- Offline
- Online
- By Type
- Single bed
- Double bed
- By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increase in demand for eco-friendly wall beds as one of the prime reasons driving the wall beds market growth during the next few years. Also, growing e-commerce industry and increasing advertising and marketing strategies will lead to sizable demand in the market.
The report on the wall beds market covers the following areas:
- Wall Beds Market sizing
- Wall Beds Market forecast
- Wall Beds Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wall beds market vendors that include 9too5 Murphybed, BESTAR Inc., BOFF, BredaBeds, Clei Srl, Flybed Home, Furl, HS Enterprises, Mahavir Steel and Wooden Furniture, Murphy Beds of San Diego, Murphy Wall Beds Hardware Inc., Ribbonic wallbed, SICO Inc., Spaceman Innovations Pte Ltd., The Bedder Way Co., The London Wallbed Co., Twin Cities Closet Co., Wall Beds Manufacturing Inc., Wallbeds Co., and Wilding Wallbeds. Also, the wall beds market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.