About Fold down beds
Fold down beds are contemporary space-saving beds that can be easily transformed into couches and desks with shelves. These beds are useful for apartments and small rooms, especially teenage bedroom and guest room designs. The factors such as the Increasing Popularity of Fold Down Beds due to Space Saving Benefit, High Demand for Home Offices and Guest Room Applications, and Increasing Awareness about Home Beautification among People are the key drivers for the global Fold Down Beds Market. In addition, the Trend of Light and Durable, Small Spaces Furniture also fueling the growth of the market. However, Low Durability of Fold Down Beds Compared to Regular Beds may restrain the market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Fold down beds market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The WallBed Company (United Kingdom), SICO Inc. (United States), Wall Beds Manufacturing (United States), Décadrages (France), Lagrama (Spain), Mobil Sprint Srl (Italy), Pol 74 S.r.l. (Italy), Interfar Custom Furniture (Australia), Murphy Wall Beds Hardware Inc. (Canada) and Multimo (Jordan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Resource Furniture (United States).
Segmentation Overview
AMA Research has segmented the market of Global Fold down beds market by Type (Single Wall Bed and Double Wall Bed), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Fold down 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). If we see Market by Distribution Channel, the sub-segment i.e. Online Channels will boost the Fold down beds market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Trend of Light and Durable, Small Spaces Furniture
Market Growth Drivers:
Increasing Popularity of Fold Down Beds due to Space Saving Benefit, High Demand for Home Offices and Guest Room Applications and Increasing Awareness about Home Beautification among People
Challenges:
Availability of Low Quality Products in Cheaper Rates
Restraints:
Low Durability of Fold Down Beds Compared to Regular Beds
Opportunities:
Robust Increase in the Distribution Channels, Increasing Number of Online Customers and Growing Demand from Emerging Regions
Market Leaders and their expansionary development strategies
In June 2023, launched embed Rob Enns’ and Mike Solmundson’s Winnipeg millworks and cabinetry shop, Wood Products Unlimited, has made all sorts of products for homes and commercial spaces, including Murphy beds.
In May 2023, Resource Furniture launched pair of innovative wall beds. Designed with the environment in mind and innovation, both beds are CARB2- and TSCA Title VI certified and made from 90 per cent recycled wood and plastic.
Key Target Audience
Fold Down Beds Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.