Travel Folding Beds Market Scope
Travel folding beds are a type of bed that can be used for comfortable sleeping while traveling. As we know that to carry regular beds or mattress are quite difficult due to their size, weight, etc. Travel folding beds are widely accepted by the people who frequently travel or go to adventure places to enjoy. Travel beds fit easily in closets or the trunk of a car so they are always available for personal use, last-minute guests or neighborhood sleepovers. Increasing concern of comfortable sleeping at night and enjoy traveling will boost the market. The beds come with features such as water resistance, lightweight, and different fabrics or materials.
The Travel Folding Beds market study is segmented by Type (Single Folding Beds and Double Folding Beds) and major geographies with country level break-up.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Travel Folding Beds market throughout the predicted period.
FlyingBeds (United States), Coleman (United States), Springtek (India), IKEA (Netherland), Pepperfry (India), Nectar Sleep (United States), Wayfair (United States), Therm-a-Rest (United States), Milestone Camping (United Kingdom) and Yescom (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Travel Folding Beds market by Type, Application and Region.
On the basis of geography, the market of Travel Folding Beds has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In October 2017, Pepperfry launched its first franchise studio in Bengaluru. The first franchise launch in Bengaluru marks the second phase of Pepperfry’s strategy to build the largest Omnichannel business in the furniture and home segment. The company has launched the first franchisee-owned Studio in partnership with Prakruthi Enterprises that will manage the customer experience end-to-end, starting from pre-sales to post-sales thereby providing a seamless shopping experience to customers.
Market Trend
- The Use of Material That is Waterproof and Long-lasting.
Market Drivers
- Increasing Demand for Light Weight, Thin and Easily Portable Bed for Travelling.
- Increasing Concern for More Comfortable nights of sleep.
Restraints
- Some of the Beds are Not Much Strong and Also Absorb Dirt and Moisture.
Challenges
- High Cost and Less Comfortable Who have Back Problems.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Travel Folding Beds Manufacturers, Suppliers and Distributors of Travel Folding Beds, Raw Material Suppliers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others