Global Folding Furniture Market Growth 2023-2029
Folding furniture is usually a great option for small spaces. It takes very little space when not used and it becomes as functional and great as any other type of furniture.
LPI (LP Information)' newest research report, the “Folding Furniture Industry Forecast” looks at past sales and reviews total world Folding Furniture sales in 2022, providing a comprehensive analysis by region and market sector of projected Folding Furniture sales for 2023 through 2029. With Folding Furniture sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Folding Furniture industry.
This Insight Report provides a comprehensive analysis of the global Folding Furniture landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Folding Furniture portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Folding Furniture market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Folding Furniture and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Folding Furniture.
The global Folding Furniture market size is projected to grow from US$ 11100 million in 2022 to US$ 16830 million in 2029; it is expected to grow at a CAGR of 16830 from 2023 to 2029.
Global Folding Furniture key players include Hussey Seating, Lifetime Products, Meco Corporation, BBMG Tiantan Furniture, Maxchief Europe, etc. Global top five manufacturers hold a share about 10%. China is the largest market, with a share about 40%, followed by North America and Europe, total have a share over 35 percent. In terms of product, Chairs is the largest segment, with a share about 60%. And in terms of application, the largest application is Residential, followed by Commercial.
This report presents a comprehensive overview, market shares, and growth opportunities of Folding Furniture market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Chairs
Tables
Sofas
Beds
Other
Segmentation by application
Residential
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ikea
Leggett & Platt
Dorel Industries
Hussey Seating
Lifetime Products
La-Z-Boy
KI
Haworth
Quanyou
Meco
BBMG Tiantan Furniture
Flexsteel Industries
RUKU Klappmöbel
Maxchief Europe
Sauder Woodworking
Qumei
Key Questions Addressed in this Report
What is the 10-year outlook for the global Folding Furniture market?
What factors are driving Folding Furniture market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Folding Furniture market opportunities vary by end market size?
How does Folding Furniture break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook