NEW YORK, July 16, 2015 /PRNewswire/ -- About Folding Furniture
Quality, functionality, and aesthetic appeal are some of the major areas of focus in modern day furniture. Due to maintenance costs and other associated costs, people prefer living in small houses. This leads to preference for folding furniture, as they can be folded and tucked away when not in use. Apart from being multifunctional, they also enhance the decor.
Technavio's analysts forecast the folding furniture market to grow at a CAGR of 6.47% during the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the folding furniture market in the US for the period 2015-2019. To calculate the market size, the report takes into consideration the revenue generated from sales of folding furniture in the residential market.
The report considers revenue generated from the following segments of the market:
- Living room furniture (sofa sets, tables, chairs, entertainment centers, side tables, shelves, and other decorative furniture)
- Bedroom furniture (beds, sofa sets, dressing tables, wardrobes, and study tables)
- Home office furniture (office tables and chairs)
- Others (furniture used in kitchens, dining rooms, and bathrooms)
The report also presents the vendor landscape and a corresponding detailed analysis of the top three vendors in the folding furniture market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
Key Vendors
- Dorel Industries
- Lifetime Products
- Meco
Other Prominent Vendors
- Ashley Furniture Industries
- Expand Furniture
- Haworth
- IKEA
- La-Z-Boy
- Leggett & Platt
- Murphy Bed Direct
- Resource Furniture
Market Driver
- Growth in Home Furniture Market
- For a full, detailed list, view our report
Market Challenge
- Shortage of Labor
- For a full, detailed list, view our report
Market Trend
- Bookniture
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p03085845-summary/view-report.html
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