Folding Furniture Market Research Report- Forecast 2027

Folding Furniture Market Information Report, By Product (Chairs, Tables, Sofas, Beds, and Other Furniture), By Application (Residential and Non-residential) and By Region - Forecast To 2027

ID: MRFR/CO/3395-HCR | February, 2021 | Region : Global

Folding Furniture Market Synopsis


Folding furniture market is expected to grow at CAGR of 5.8% during the forecast period.

Geographically, the global folding furniture market has been divided into the four major regions of North America, Europe, Asia Pacific and Rest of the World. Asia Pacific region has accounted for the largest market share, in 2016, followed by Europe and North America. It is expected to grow at the highest CAGR during the forecast period. China, Japan, India, and Singapore are the major market in Asia Pacific region. Growing residential and non-residential construction activities in the region, are driving the growth of the market. Additionally increase in industrialization and urbanization also have a positive influence on the growth of the market. For example, in Beijing, the average living area for per person is only 21 square meters. Therefore, foldable furniture is the best suitable option to solve the space problem. Europe is the second-largest market for folding furniture. Growing population and smaller living areas in region, are governing the growth of the market. Additionally, increasing repair and rehabilitation activities of existing infrastructure and interiors, hold huge potential for the market in coming years.


North America region is also the major market for the folding furniture. Increasing demand for low maintenance interior products, is driving the growth of the market in North America region. U.S. is the largest contributor in both global and North America folding furniture market. Strong development commercial and residential structures in the U.S., are expected to fuel the demand for market in the region. In rest of the world, Middle East & Brazil are expected to contribute significantly during the forecast period, mainly due to lack of space, changing lifestyle, and development of the hotels in these regions. For the purpose of this study, the global folding furniture market has been segmented based on products, and applications. On the basis of product, the market has been segmented as chairs, tables, sofas, beds, and other furniture. Among products, sofa accounted for the largest market share. A sofa is the most popular product type as it enhances the décor of the living room. Foldable beds segment is expected grow at the highest CAGR during the forecast period. Growing adoption of co-living trend in the US, and various bed designs such as murphy beds, wall beds, would raise the demand in near future.


On the basis of applications, the market has been segmented as residential and non-residential. Residential sector dominates the application segment of the market and is expected to grow at the highest CAGR during the forecast period. Increasing residential construction across the globe increases the demand of the market. Non-residential segment is the second largest application segment of the market. Non-residential application segment is expected to contribute significantly during the forecast period. Folding furniture is installed in numerous sub-applications within the non-residential construction sector such as corporate offices, healthcare centers, and educational institutions. It is also installed in Cafeterias, and hotels.


Folding furniture is a suitable option for people living in smaller places or studio apartments. It is an effective alternative for traditional furniture. The multi-functionality and space saving of this type of furniture, also enhance the decor of available space. Folding Furniture is generally used everywhere such as the, offices, hospitals, and hotels.


The Prominent Players in the Folding Furniture Market include Resource Furniture (U.S.), Expand Furniture (Canada), Meco Corporation (U.S), Ashley Furniture Industries Inc. (U.S.), IKEA Systems B.V. (Sweden), Murphy Bed (U.S.), La-Z-Boy Incorporated (U.S.), Flexfurn Ltd (Belgium), Gopak Ltd (U.K.), Nilkamal Limited (India)., Leggett & Platt, Inc. (U.S.), and Dorel Industries Inc. (Canada).


The report for Global Folding Furniture Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1 PORTER’S FIVE FORCES ANALYSIS

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF SUPLIERS

3.1.3 BARGAINING POWER OF BUYERS

3.1.4 THREAT OF SUBSTITUTES

3.1.5 SEGMENT RIVALRY

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

5 GLOBAL FOLDING FURNITURE MARKET, BY PRODUCT

5.1 INTRODUCTION

5.2 CHAIRS

5.2.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.3 TABLES

5.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.4 SOFAS

5.4.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.5 BEDS

5.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

5.6 OTHERS

5.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

5.6.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

6 GLOBAL FOLDING FURNITURE MARKET, BY APPLICATION

6.1 INTRODUCTION

6.2 RESIDENTIAL

6.2.1 MARKET ESTIMATES & FORECAST, 2020-2027

6.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

6.3 NON-RESIDENTIAL

6.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

6.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027

7 GLOBAL FOLDING FURNITURE MARKET, BY REGION

7.1 INTRODUCTION

7.2 NORTH AMERICA

7.2.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.2.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.2.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.2.5 THE U.S

7.2.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.2.5.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.2.5.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.2.6 CANADA

7.2.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.2.6.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.2.6.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.3 EUROPE

7.3.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.3.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.3.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.3.5 U.K

7.3.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.3.5.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.3.5.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.3.6 GERMANY

7.3.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.3.6.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.3.6.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.3.7 FRANCE

7.3.7.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.3.7.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.3.7.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.3.8 ITALY

7.3.8.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.3.8.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.3.8.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.3.9 REST OF EUROPE

7.3.9.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.3.9.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.3.9.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.4 ASIA PACIFIC

7.4.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.4.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.4.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.4.5 CHINA

7.4.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.4.5.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.4.5.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.4.6 JAPAN

7.4.6.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.4.6.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.4.6.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.4.7 INDIA

7.4.7.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.4.7.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.4.7.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.4.8 REST OF ASIA PACIFIC

7.4.8.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.4.8.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.4.8.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

7.5 REST OF THE WORLD

7.5.1 MARKET ESTIMATES & FORECAST, 2020-2027

7.5.2 MARKET ESTIMATES & FORECAST BY PRODUCT, 2020-2027

7.5.4 MARKET ESTIMATES & FORECAST BY APPLICATION, 2020-2027

8 COMPETITIVE LANDSCAPE

9 COMPANY PROFILE

9.1 RESOURCE FURNITURE

9.1.1 COMPANY OVERVIEW

9.1.2 PRODUCTS/SERVICES OFFERING

9.1.3 FINANCIAL OVERVIEW

9.1.4 KEY DEVELOPMENTS

9.1.5 STRATEGY

9.1.6 SWOT ANALYSIS

9.2 EXPAND FURNITURE

9.2.1 COMPANY OVERVIEW

9.2.2 PRODUCTS/SERVICES OFFERING

9.2.3 FINANCIAL OVERVIEW

9.2.4 KEY DEVELOPMENTS

9.2.5 STRATEGY

9.2.6 SWOT ANALYSIS

9.3 MECO CORPORATION

9.3.1 COMPANY OVERVIEW

9.3.2 PRODUCTS/SERVICES OFFERING

9.3.3 FINANCIAL OVERVIEW

9.3.4 KEY DEVELOPMENTS

9.3.5 STRATEGY

9.3.6 SWOT ANALYSIS

9.4 ASHLEY FURNITURE INDUSTRIES INC.

9.4.1 COMPANY OVERVIEW

9.4.2 PRODUCTS/SERVICES OFFERING

9.4.3 FINANCIAL OVERVIEW

9.4.4 KEY DEVELOPMENTS

9.4.5 STRATEGY

9.4.6 SWOT ANALYSIS

9.5 IKEA SYSTEMS B.V.

9.5.1 COMPANY OVERVIEW

9.5.2 PRODUCTS/SERVICES OFFERING

9.5.3 FINANCIAL OVERVIEW

9.5.4 KEY DEVELOPMENTS

9.5.5 STRATEGY

9.5.6 SWOT ANALYSIS

9.6 MURPHY BED

9.6.1 COMPANY OVERVIEW

9.6.2 PRODUCTS/SERVICES OFFERING

9.6.3 FINANCIAL OVERVIEW

9.6.4 KEY DEVELOPMENTS

9.6.5 STRATEGY

9.6.6 SWOT ANALYSIS

9.7 LA-Z-BOY INCORPORATED

9.7.1 COMPANY OVERVIEW

9.7.2 PRODUCTS/SERVICES OFFERING

9.7.3 FINANCIAL OVERVIEW

9.7.4 KEY DEVELOPMENTS

9.7.5 STRATEGY

9.7.6 SWOT ANALYSIS

9.8 FLEXFURN LTD

9.8.1 COMPANY OVERVIEW

9.8.2 PRODUCTS/SERVICES OFFERING

9.8.3 FINANCIAL OVERVIEW

9.8.4 KEY DEVELOPMENTS

9.8.5 STRATEGY

9.8.6 SWOT ANALYSIS

9.9 GOPAK LTD

9.9.1 COMPANY OVERVIEW

9.9.2 PRODUCTS/SERVICES OFFERING

9.9.3 FINANCIAL OVERVIEW

9.9.4 KEY DEVELOPMENTS

9.9.5 STRATEGY

9.9.6 SWOT ANALYSIS

9.10 NILKAMAL LIMITED

9.10.1 COMPANY OVERVIEW

9.10.2 PRODUCTS/SERVICES OFFERING

9.10.3 FINANCIAL OVERVIEW

9.10.4 KEY DEVELOPMENTS

9.10.5 STRATEGY

9.10.6 SWOT ANALYSIS

9.11 LEGGETT & PLATT, INC.

9.11.1 COMPANY OVERVIEW

9.11.2 PRODUCTS/SERVICES OFFERING

9.11.3 FINANCIAL OVERVIEW

9.11.4 KEY DEVELOPMENTS

9.11.5 STRATEGY

9.11.6 SWOT ANALYSIS

9.12 DOREL INDUSTRIES INC.

9.12.1 COMPANY OVERVIEW

9.12.2 PRODUCTS/SERVICES OFFERING

9.12.3 FINANCIAL OVERVIEW

9.12.4 KEY DEVELOPMENTS

9.12.5 STRATEGY

9.12.6 SWOT ANALYSIS

LIST OF TABLES

TABLE 1 GLOBAL FOLDING FURNITURE MARKET: BY REGION, 2020-2027

TABLE 2 NORTH AMERICA FOLDING FURNITURE MARKET: BY COUNTRY, 2020-2027

TABLE 3 EUROPE FOLDING FURNITURE MARKET: BY COUNTRY, 2020-2027

TABLE 4 ASIA PACIFIC FOLDING FURNITURE MARKET: BY COUNTRY, 2020-2027

TABLE 5 ROW FOLDING FURNITURE MARKET: BY COUNTRY, 2020-2027

TABLE 6 GLOBAL FOLDING FURNITURE MARKET, BY PRODUCT, BY REGIONS, 2020-2027

TABLE 7 NORTH AMERICA FOLDING FURNITURE MARKET, BY PRODUCT, BY COUNTRY, 2020-2027

TABLE 8 EUROPE FOLDING FURNITURE MARKET, BY PRODUCT, BY COUNTRY, 2020-2027

TABLE 9 ASIA PACIFIC FOLDING FURNITURE MARKET BY PRODUCT, BY COUNTRY, 2020-2027

TABLE 10 ROW FOLDING FURNITURE MARKET BY PRODUCT, BY COUNTRY, 2020-2027

TABLE 11 GLOBAL FOLDING FURNITURE MARKET, BY APPLICATION, BY REGIONS, 2020-2027

TABLE 12 NORTH AMERICA FOLDING FURNITURE MARKET, BY APPLICATION, BY COUNTRY, 2020-2027

TABLE 13 EUROPE FOLDING FURNITURE MARKET, BY APPLICATION, BY COUNTRY, 2020-2027

TABLE 14 ASIA PACIFIC FOLDING FURNITURE MARKET, BY APPLICATION, BY COUNTRY, 2020-2027

TABLE 15 ROW FOLDING FURNITURE MARKET, BY APPLICATION, BY COUNTRY, 2020-2027

TABLE 16 GLOBAL PRODUCT MARKET: BY REGION, 2020-2027

TABLE 17 GLOBAL APPLICATION MARKET: BY REGION, 2020-2027

TABLE 18 NORTH AMERICA FOLDING FURNITURE MARKET, BY COUNTRY

TABLE 19 NORTH AMERICA FOLDING FURNITURE MARKET, BY PRODUCT

TABLE 20 NORTH AMERICA FOLDING FURNITURE MARKET, BY APPLICATION

TABLE 21 EUROPE: FOLDING FURNITURE MARKET, BY COUNTRY

TABLE 22 EUROPE: FOLDING FURNITURE MARKET, BY PRODUCT

TABLE 23 EUROPE: FOLDING FURNITURE MARKET, BY APPLICATION

TABLE 24 ASIA PACIFIC: FOLDING FURNITURE MARKET, BY COUNTRY

TABLE 25 ASIA PACIFIC: FOLDING FURNITURE MARKET, BY PRODUCT

TABLE 26 ASIA PACIFIC: FOLDING FURNITURE MARKET, BY APPLICATION

TABLE 27 ROW: FOLDING FURNITURE MARKET, BY REGION

TABLE 28 ROW FOLDING FURNITURE MARKET, BY PRODUCT

TABLE 29 ROW FOLDING FURNITURE MARKET, BY APPLICATION

LIST OF FIGURE

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL FOLDING FURNITURE MARKET SHARE, BY PRODUCT, 2020 (%)

FIGURE 9 GLOBAL FOLDING FURNITURE MARKET, BY PRODUCT, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL FOLDING FURNITURE MARKET SHARE, BY APPLICATION, 2020 (%)

FIGURE 11 GLOBAL FOLDING FURNITURE MARKET, BY APPLICATION, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL FOLDING FURNITURE MARKET SHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL FOLDING FURNITURE MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 NORTH AMERICA FOLDING FURNITURE MARKET SHARE (%), 2020

FIGURE 15 NORTH AMERICA FOLDING FURNITURE MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 EUROPE FOLDING FURNITURE MARKET SHARE (%), 2020

FIGURE 17 EUROPE FOLDING FURNITURE MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 ASIA PACIFIC FOLDING FURNITURE MARKET SHARE (%), 2020

FIGURE 19 ASIA PACIFIC FOLDING FURNITURE MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 20 REST OF THE WORLD FOLDING FURNITURE MARKET SHARE (%), 2020

FIGURE 21 REST OF THE WORLD FOLDING FURNITURE MARKET BY COUNTRY, 2020-2027 (USD MILLION)