Industry Background:
The folding bed is a great solution for limited space issue. It is mostly used in guest rooms. These beds are comfortable and occupy less space and fil for emergency need, or need for an extension of bed in a room. There are different kinds of folding beds which come with different mechanisms, some are motorized in which consumer can raise and lower the bed by motorized.This growth is primarily driven by Use for Comforting Patients in Hospitals Emphasizes, Increasing the Trend of Guest Bedrooms and Rising Demands in Metro Cities.
Globally, a noticeable market trend is evident Increasing Demand of Folding Beds in Hotel Rooms
. Major Vendors, such as Swascana (Italy), Linon Home Dcor (United States), Jay-Be (England), InnerSpace Luxury Products (United States), Ibed (Asia Pacific), Milliard bedding (United States), LUCID (United States), Zinus (South Korea), Serta (United States) and Sleep Master (United Kingdom) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In Aug 2018, Serta Simmons Bedding Announced the Agreement to Merge With Tuft & Needle, Through This They Become Largest Manufacture of Mattresses with Original Market Disruptor, and It Also Can Focus On Its Offering in the Direct-To-Consumer Segment
In Sep 2018, Serta Simmons Announced An Opening A New Plant In Seattle, Washington, Which Is Around USD 100 Million Investment To Expand Its Manufacturing Footprint And Supported Increased Consumer Demand.
Market Drivers
- Use for Comforting Patients in Hospitals Emphasizes
- Increasing the Trend of Guest Bedrooms
- Rising Demands in Metro Cities
Market Trend
- Increasing Demand of Folding Beds in Hotel Rooms
- Increasing Demand of Hostel Rooms
Restraints
- High Cost Structure In Advance Folding Beds
Opportunities
Increase in Trend of Hostel Is Become an Good Opportunity in This Market
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 Vendors 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, Folding Beds Study Sheds Light on
The Folding Beds Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Folding Beds industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Folding Beds 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 Vendors 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.