The North America Folding Furniture Market would witness market growth of 5.5% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 4,348.8 thousand units, showcasing a growth of 5.7% (2019-2022).
Innovations in materials, manufacturing techniques, and design technologies have enhanced the functionality and aesthetics of folding furniture. Advanced engineering allows for creating sturdy, lightweight, and visually appealing folding solutions. Economic aspects, such as fluctuations in disposable income and consumer spending patterns, impact the affordability and adoption of folding furniture. Products that strike a proportion between cost-effectiveness and quality will likely gain traction in the market. The folding furniture market is characterized by dynamic trends that reflect evolving consumer preferences, design innovations, and industry developments. Understanding these tendencies is crucial for stakeholders seeking to guide the competitive landscape and capitalize on emerging opportunities.
Integrating smart technologies, such as IoT (Internet of Things), is an emerging trend in folding furniture design. Smart folding solutions with sensors, connectivity, and automation offer enhanced user convenience and customization options. Sustainable practices have become a focal point in the design and manufacturing of folding furniture. The use of recyclable materials, eco-friendly finishes, and sustainable sourcing of resources contribute to the overall appeal of folding furniture among environmentally conscious consumers. Collaborations between furniture manufacturers, designers, and technology companies foster cross-industry partnerships. Such collaborations aim to create innovative and aesthetically pleasing folding furniture solutions that cater to diverse consumer needs. The trend towards multifunctional design continues to influence folding furniture concepts. Products that serve various purposes are gaining popularity for their versatility.
North American consumers are increasingly conscious of sustainability. Folding furniture, often designed with efficient use of materials and space in mind, resonates with environmentally conscious individuals seeking eco-friendly and resource-efficient solutions. As a result, these aspects will boost the market growth in the coming years.
The US market dominated the North America Folding Furniture Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,076.8 Million by 2030. The Canada market is experiencing a CAGR of 7.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.9% during (2023 - 2030).
Free Valuable Insights: The Folding Furniture Market is Predict to reach $5.8 Billion by 2030, at a CAGR of 6.2%
Based on Product, the market is segmented into Table & Chair, Sofa, Bed, and Others. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Sauder woodworking Co.
- Ashley Furniture Industries, LLC
- Haworth, Inc.
- Inter Ikea Systems B.V. (Inter Ikea Holding B.V)
- Lifetime Products
- Meco Corporation (Unaka Corporation)
- Expand Furniture Inc
- Murphy Wall Beds Hardware Inc.
- Dorel Industries Inc.
- Resource Furniture
North America Folding Furniture Market Report Segmentation
By Product (Volume, Thousand Units, USD Billion, 2019-2030)
- Table & Chair
- Sofa
- Bed
- Others
By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Folding Furniture Market, 2019 - 2022, USD Million
TABLE 2 North America Folding Furniture Market, 2023 - 2030, USD Million
TABLE 3 North America Folding Furniture Market, 2019 - 2022, Thousand Units
TABLE 4 North America Folding Furniture Market, 2023 - 2030, Thousand Units
TABLE 5 North America Folding Furniture Market by Product, 2019 - 2022, USD Million
TABLE 6 North America Folding Furniture Market by Product, 2023 - 2030, USD Million
TABLE 7 North America Folding Furniture Market by Product, 2019 - 2022, Thousand Units
TABLE 8 North America Folding Furniture Market by Product, 2023 - 2030, Thousand Units
TABLE 9 North America Table & Chair Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Table & Chair Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Table & Chair Market by Country, 2019 - 2022, Thousand Units
TABLE 12 North America Table & Chair Market by Country, 2023 - 2030, Thousand Units
TABLE 13 North America Sofa Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Sofa Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Sofa Market by Country, 2019 - 2022, Thousand Units
TABLE 16 North America Sofa Market by Country, 2023 - 2030, Thousand Units
TABLE 17 North America Bed Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Bed Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Bed Market by Country, 2019 - 2022, Thousand Units
TABLE 20 North America Bed Market by Country, 2023 - 2030, Thousand Units
TABLE 21 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 24 North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 25 North America Folding Furniture Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 26 North America Folding Furniture Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 27 North America Folding Furniture Market by Distribution Channel, 2019 - 2022, Thousand Units
TABLE 28 North America Folding Furniture Market by Distribution Channel, 2023 - 2030, Thousand Units
TABLE 29 North America Offline Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Offline Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Offline Market by Country, 2019 - 2022, Thousand Units
TABLE 32 North America Offline Market by Country, 2023 - 2030, Thousand Units
TABLE 33 North America Online Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Online Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Online Market by Country, 2019 - 2022, Thousand Units
TABLE 36 North America Online Market by Country, 2023 - 2030, Thousand Units
TABLE 37 North America Folding Furniture Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Folding Furniture Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Folding Furniture Market by Country, 2019 - 2022, Thousand Units
TABLE 40 North America Folding Furniture Market by Country, 2023 - 2030, Thousand Units
TABLE 41 US Folding Furniture Market, 2019 - 2022, USD Million
TABLE 42 US Folding Furniture Market, 2023 - 2030, USD Million
TABLE 43 US Folding Furniture Market, 2019 - 2022, Thousand Units
TABLE 44 US Folding Furniture Market, 2023 - 2030, Thousand Units
TABLE 45 US Folding Furniture Market by Product, 2019 - 2022, USD Million
TABLE 46 US Folding Furniture Market by Product, 2023 - 2030, USD Million
TABLE 47 US Folding Furniture Market by Product, 2019 - 2022, Thousand Units
TABLE 48 US Folding Furniture Market by Product, 2023 - 2030, Thousand Units
TABLE 49 US Folding Furniture Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 50 US Folding Furniture Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 51 US Folding Furniture Market by Distribution Channel, 2019 - 2022, Thousand Units
TABLE 52 US Folding Furniture Market by Distribution Channel, 2023 - 2030, Thousand Units
TABLE 53 Canada Folding Furniture Market, 2019 - 2022, USD Million
TABLE 54 Canada Folding Furniture Market, 2023 - 2030, USD Million
TABLE 55 Canada Folding Furniture Market, 2019 - 2022, Thousand Units
TABLE 56 Canada Folding Furniture Market, 2023 - 2030, Thousand Units
TABLE 57 Canada Folding Furniture Market by Product, 2019 - 2022, USD Million
TABLE 58 Canada Folding Furniture Market by Product, 2023 - 2030, USD Million
TABLE 59 Canada Folding Furniture Market by Product, 2019 - 2022, Thousand Units
TABLE 60 Canada Folding Furniture Market by Product, 2023 - 2030, Thousand Units
TABLE 61 Canada Folding Furniture Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 62 Canada Folding Furniture Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 63 Canada Folding Furniture Market by Distribution Channel, 2019 - 2022, Thousand Units
TABLE 64 Canada Folding Furniture Market by Distribution Channel, 2023 - 2030, Thousand Units
TABLE 65 Mexico Folding Furniture Market, 2019 - 2022, USD Million
TABLE 66 Mexico Folding Furniture Market, 2023 - 2030, USD Million
TABLE 67 Mexico Folding Furniture Market, 2019 - 2022, Thousand Units
TABLE 68 Mexico Folding Furniture Market, 2023 - 2030, Thousand Units
TABLE 69 Mexico Folding Furniture Market by Product, 2019 - 2022, USD Million
TABLE 70 Mexico Folding Furniture Market by Product, 2023 - 2030, USD Million
TABLE 71 Mexico Folding Furniture Market by Product, 2019 - 2022, Thousand Units
TABLE 72 Mexico Folding Furniture Market by Product, 2023 - 2030, Thousand Units
TABLE 73 Mexico Folding Furniture Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 74 Mexico Folding Furniture Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 75 Mexico Folding Furniture Market by Distribution Channel, 2019 - 2022, Thousand Units
TABLE 76 Mexico Folding Furniture Market by Distribution Channel, 2023 - 2030, Thousand Units
TABLE 77 Rest of North America Folding Furniture Market, 2019 - 2022, USD Million
TABLE 78 Rest of North America Folding Furniture Market, 2023 - 2030, USD Million
TABLE 79 Rest of North America Folding Furniture Market, 2019 - 2022, Thousand Units
TABLE 80 Rest of North America Folding Furniture Market, 2023 - 2030, Thousand Units
TABLE 81 Rest of North America Folding Furniture Market by Product, 2019 - 2022, USD Million
TABLE 82 Rest of North America Folding Furniture Market by Product, 2023 - 2030, USD Million
TABLE 83 Rest of North America Folding Furniture Market by Product, 2019 - 2022, Thousand Units
TABLE 84 Rest of North America Folding Furniture Market by Product, 2023 - 2030, Thousand Units
TABLE 85 Rest of North America Folding Furniture Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 86 Rest of North America Folding Furniture Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 87 Rest of North America Folding Furniture Market by Distribution Channel, 2019 - 2022, Thousand Units
TABLE 88 Rest of North America Folding Furniture Market by Distribution Channel, 2023 - 2030, Thousand Units
TABLE 89 Key Information – Sauder woodworking co.
TABLE 90 Key Information - Ashley Furniture Industries, LLC
TABLE 91 Key Information – Haworth, Inc.
TABLE 92 Key Information – Lifetime products
TABLE 93 Key Information – Expand Furniture Inc
TABLE 94 Key Information – Murphy Wall Beds Hardware Inc.
TABLE 95 Key Information – Resource Furniture
TABLE 96 Key information – Inter IKEA Systems B.V.
TABLE 97 Key information – Meco Corporation
TABLE 98 Key Information – Dorel Industries, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Folding Furniture Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Folding Furniture Market
FIG 4 Porter’s Five Forces Analysis - Folding Furniture Market
FIG 5 North America Folding Furniture Market share by Product, 2022
FIG 6 North America Folding Furniture Market share by Product, 2030
FIG 7 North America Folding Furniture Market by Product, 2019 - 2030, USD Million
FIG 8 North America Folding Furniture Market share by Distribution Channel, 2022
FIG 9 North America Folding Furniture Market share by Distribution Channel, 2030
FIG 10 North America Folding Furniture Market by Distribution Channel, 2019 - 2030, USD Million
FIG 11 North America Folding Furniture Market share by Country, 2022
FIG 12 North America Folding Furniture Market share by Country, 2030
FIG 13 North America Folding Furniture Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Sauder woodworking Co.
FIG 15 SWOT Analysis: Ashley Furniture Industries, LLC
FIG 16 SWOT Analysis: Haworth, Inc.
FIG 17 SWOT Analysis: Lifetime Products
FIG 18 SWOT Analysis: Expand Furniture Inc
FIG 19 SWOT Analysis: Murphy Wall Beds Hardware Inc.
FIG 20 SWOT Analysis: Resource Furniture
FIG 21 SWOT Analysis: Inter IKEA Systems B.V.
FIG 22 SWOT Analysis: Meco Corporation
FIG 23 SWOT Analysis: Dorel Industries, Inc.