Industry Background:
Movable walls are mainly used for an affordable and flexible solution for commercial office interiors. It is widely used in retail storefronts, restaurants, schools, bank lobbies, airports, and office spaces. It consists of a varied range of comfortable, functional and design products namely manual and automized sound insulating partition, manual and automized sound insulating glass partition and manual and automized glass partition. The market for the movable walls is anticipated to register a CAGR of over 10.12% during the forecast period
According to AMA, the market for Movable Walls is expected to register a CAGR of 10.3% during the forecast period to 2026. This growth is primarily driven by Growth in Industrial, Commercial, and Residential Construction Activities and Growth in Investment on Infrastructural Projects in Developing Economies.
Globally, a noticeable market trend is evident Technological Advancements in the Raw Material Producing Industries. The Construction & Engineering sector in the Europe region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Hufcor (United States), Dormakaba (Switzerland), Haworth (United States), Trendway Corporation (United States), Environamics Incorporated (United States), Allsteel Inc (United States), Parthos BV (Netherlands), Transwalls (United States), Faraone Srl (Italy) and Transwalls (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2018, the Herman Miller, Inc. (United States) Company has launched movable walls. In addition, it can be used to create freestanding rooms and give shape to open spaces as well as simply divide areas. Therefore, it will benefit the increased product portfolio of the company.
Market Drivers
- Growth in Industrial, Commercial, and Residential Construction Activities
- Growth in Investment on Infrastructural Projects in Developing Economies
Market Trend
- Technological Advancements in the Raw Material Producing Industries
Restraints
- High Production Cost & Capital Investment
Opportunities
Rising Demand from Emerging Economics such as India, China, and others
Challenges
High Costs of Repair and Price Volatility of the Raw Materials
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Movable Walls Study Sheds Light on
The Movable Walls Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Movable Walls industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Movable Walls industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.