LONDON--(BUSINESS WIRE)--Technavio has been monitoring the folding furniture market and it is poised to grow by USD 3.84 billion during 2019-2023, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Rising demand for space-saving furniture has been instrumental in driving the growth of the market. However, stringent regulations associated with manufacturing might hamper market growth. Request a free sample report
Folding Furniture Market 2019-2023: Segmentation
Folding Furniture Market is segmented as below:
Distribution Channel
- Offline Distribution
- Online Distribution
Geographic segmentation
- Americas
- APAC
- EMEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30602
Folding Furniture Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our folding furniture market report covers the following areas:
- Folding Furniture Market Size
- Folding Furniture Market Trends
- Folding Furniture Market Industry Analysis
This study identifies advent of visual technologies in distribution channels as one of the prime reasons driving the folding furniture market growth during the next few years.
Folding Furniture Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the folding furniture market, including some of the vendors such as Dorel Industries, La-Z-Boy, Lifetime Products, Meco and Walmart. Backed with competitive intelligence and benchmarking, our research reports on the folding furniture market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Folding Furniture Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist folding furniture market growth during the next five years
- Estimation of the folding furniture market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the folding furniture market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of folding furniture market vendors
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