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

Market Overview:

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.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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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:

 

 
 

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  • Tables and Chairs
  • Sofas
  • Beds
  • Others
     

Breakup by Distribution Channel:

  • Offline
  • Online
     

Breakup by Application:

  • Residential
  • Commercial
     

Breakup by Region:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Distribution Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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?

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

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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