Global Folding Furniture Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Chairs, Tables, Sofas, Beds, and Others.

By Application;

Residential and Commercial.

By Distribution Channel;

Specialty Stores, Supermarkets/Hypermarkets, Online Channels, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn224728508 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Folding Furniture Market (USD Million), 2021 - 2031

In the year 2024, the Global Folding Furniture Market was valued at USD 14,542.01 million. The size of this market is expected to increase to USD 22,747.04 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.

The global folding furniture market has witnessed steady growth over the years, driven by a combination of factors such as urbanization, space constraints, and evolving consumer preferences. Folding furniture offers versatility and space-saving solutions, making it popular among consumers living in compact living spaces, such as apartments, condos, and small homes.

One of the key drivers of the folding furniture market is the increasing trend of urbanization, particularly in developing regions. As more people migrate to urban areas in search of better opportunities, the demand for compact and multifunctional furniture has surged. Folding furniture provides an efficient way to maximize living space without compromising on comfort or functionality.

Changing lifestyle preferences, especially among millennials and Gen Z consumers, have fueled the demand for innovative and flexible furniture solutions. These demographic segments value convenience, mobility, and adaptability, making folding furniture an attractive option for their living spaces. Additionally, the rise of remote work and telecommuting trends has further accentuated the need for furniture that can easily adapt to evolving work-from-home setups.

The global folding furniture market is characterized by a wide range of products catering to various consumer needs and preferences. From foldable tables and chairs to sofa beds and storage units, manufacturers are continuously innovating to meet the diverse demands of consumers. Furthermore, advancements in materials and manufacturing technologies have led to the development of lightweight yet durable folding furniture options, enhancing their appeal among consumers worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Folding Furniture Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Space-saving design
        2. Urbanization and small living spaces
        3. Portability and convenience
        4. Growing demand for multifunctional furniture
      2. Restraints
        1. Quality and durability concerns
        2. Limited customization options
        3. Price sensitivity among consumers
        4. Competition from traditional furniture
      3. Opportunities
        1. Innovation in materials and designs
        2. Expansion in e-commerce platforms
        3. Increasing focus on sustainability
        4. Emerging markets and untapped segments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Folding Furniture Market, By Type, 2021 - 2031 (USD Million)
      1. Chairs
      2. Tables
      3. Sofas
      4. Beds
      5. Others
    2. Global Folding Furniture Market, By Application, 2021- 2031 (USD Million)
      1. Residential
      2. Commercial
    3. Global Folding Furniture Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Specialty Stores
      2. Supermarkets/Hypermarkets
      3. Online Channels
      4. Others
    4. Global Folding Furniture Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. IKEA
      2. Ashley Furniture Industries Inc
      3. Leggett & Platt Inc
      4. Dorel Industries Inc
      5. Haworth Inc
      6. Expand Furniture
      7. Murphy Wall Beds Hardware Inc
      8. Flexsteel Industries Inc
      9. Maxchief Europe
      10. Hussey Seating Company
  7. Analyst Views
  8. Future Outlook of the Market