How has the folding furniture market evolved, and where is it heading next?
The folding furniture market size has grown strongly in recent years. It will grow from $10.53 billion in 2024 to $11.27 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to growing smaller living areas in the region, the rise of single-person households, rising environmental consciousness, increasing demand for affordable furniture solutions, and developments in e-commerce and online retailing.
The folding furniture market size is expected to see strong growth in the next few years. It will grow to $14.59 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising smart home integration, rise of home offices, growing residential and non-residential construction, growing urbanization, rising disposable income. Major trends in the forecast period include advancements in material technology, rising trend towards using eco-friendly and sustainable materials, the need for portable and lightweight furniture, advances in innovative folding mechanisms, and the integration of smart technology.
Get Your Free Sample of The Global Folding Furniture Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18365&type=smp
What are the key forces behind the folding furniture market’s growth in recent years?
The increasing focus on space optimization and home renovation is expected to propel the growth of the folding furniture market going forward. Home renovation refers to improving, remodeling, or updating an existing residential property to enhance its functionality, aesthetics, or value. The focus on home renovation arises because of personalization, property value, functionality, sustainability, lifestyle changes, and housing stock conditions. Folding furniture is commonly used in home renovation projects to enhance and extend outdoor and indoor living spaces, providing homeowners with functional and comfortable areas for relaxation, dining, and entertaining. For instance, in January 2023, according to the Joint Center for Housing Centers of Harvard University, a US-based university research center, the expenditure on home improvement projects is expected to increase from $472 billion in 2022 to $485 billion in 2024. Therefore, the increasing focus on space optimization and home renovation is driving the growth of the folding furniture market.
What are the major segments of the folding furniture market?
The folding furniture market covered in this report is segmented –
1) By Product Type: Chairs, Tables, Sofas, Beds, Other Product Types
2) By Material: Wood, Metal, Plastic
3) By Distribution Channel: Offline, Online
4) By Application: Residential, Commercial
Subsegments
1) By Chairs: Folding Dining Chairs, Folding Lounge Chairs, Folding Rocking Chairs, Folding Camping Chairs, Folding Director Chairs
2) By Tables: Folding Dining Tables, Folding Coffee Tables, Folding Work Tables, Folding Picnic Tables, Folding Side Tables
3) By Sofas: Folding Sleeper Sofas, Folding Futons, Folding Sectional Sofas
4) By Beds: Folding Beds (Murphy Beds), Folding Air Beds, Folding Trundle Beds
5) By Other Product Types: Folding Storage Units, Folding Desks, Folding Room Dividers, Folding Mattresses, Folding Shelving Units
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/folding-furniture-global-market-report
Which companies dominate the folding furniture market?
Major companies operating in the folding furniture market are Samsonite Corporation, Herman Miller Inc., Raymour & Flanigan, Haworth Inc., Dorel Industries, Lifetime Products Inc., Hooker Furnishings Corporation, Sauder Woodworking Co., Hussey Seating Company, Urban Ladder, National Public Seating, Resource Furniture, MECO Corp., Eurosteel Office Furniture, Murphy Wall Beds Hardware Inc., Gopak, CoscoProducts.com, Expand Furniture, Flexfurn, Nilkamal Furniture, Spec Seats
What major trends will shape the folding furniture market during the forecast period?
Major companies operating in the folding furniture market focus on advanced designs such as smart and fancy foldable racing sim cockpit chairs to provide a realistic racing experience while compact and easy to store. Smart and fancy foldable racing simulator cockpit chairs are seating solutions designed exclusively for racing simulation fans. They are connected with technology and provide the ease of quick storage and mobility without sacrificing stability or durability during usage. For instance, in September 2023, Logitech G, a Switzerland-based company, with Playseat, a Netherlands-based manufacturer of gaming seats, launched Playseat Challenge X. It integrates ergonomic design with foldable functionality, allowing for easy storage and setup. The chair’s structure is lightweight, foldable carbon steel, and weighs only 11.6 kg (26 pounds). The seat features Playseat’s ActiFit breathable material, body-conforming design, and adjustable stiffness. This provides greater support and thermal management, helping racers remain comfortable.
What are the key regional dynamics of the folding furniture market, and which region leads in market share?
Asia-Pacific was the largest region in the folding furniture market in 2023. The regions covered in the folding furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Folding Furniture Market Report 2025 Offer?
The folding furniture market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Folding furniture are pieces of furniture with hinges or joints that may be easily folded, collapsed, or compactly adjusted for storage and transit. These items are often lightweight and versatile, making them attractive due to their space-saving properties and capacity to easily adjust to changing limited space or storage needs.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18365
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
