Market Analysis Report Folding Furniture Market | Page 2

Offline retail stores held the largest share of more than 75.0% in 2018. Dominance of retail stores has created intense competition in the market with major producers such as Inter IKEA Systems B.V., Raymour & Flanigan, and Ashley Home Stores, Ltd. across the globe. These stores help consumers to avail the features of customization for home furniture as per the demands of consumer. Space availability of different houses is also acting as a key factor driving the segment. Further key findings from the report suggest: • By product, table and chair is expected to reach USD 2.5 billion by 2025. Folding sofa was valued at USD 788.2 million in 2018 • North America is expected to expand at the fastest CAGR of 7.2% from 2019 to 2025 • Top players operating in the folding furniture market include Flexsteel Industries, Inc.; Haworth Inc.; Meco Corporation; Dorel Industries Inc.;Murphy Wall Beds Hardware Inc.; Ashley Furniture Industries; and La-Z-Boy Inc. Grand View Research has segmented the global folding furniture market by product, distribution channel, and region: Folding Furniture Product Outlook (Revenue, USD Million, 2015 - 2025) • Table & Chair • Sofa • Bed • Others Folding Furniture Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025) • Offline • Online Table of Contents Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. GVR’s Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization Follow Us: