Enjoy complimentary customisation on priority with our Enterprise License!
The portable beds market share is expected to increase by USD 2.17 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.77%.
This portable beds market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers portable beds market segmentation by distribution channel (offline and online) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The portable beds market report also offers information on several market vendors, including B.O.F.F. Wall Bed Furniture, BESTAR Inc., Clei Srl, Closets Unlimited of New Jersey Inc., Murphy Wall Beds Hardware Inc., Newell Brands Inc., Pepperfry Pvt. Ltd., Sedac Mecobel NV SA, SICO Inc., Spaceman Innovations Pte Ltd., The Bedder Way Co., The London Wallbed Co., Twin Cities Closet Co., and Wall Beds Manufacturing Inc. among others.
Download Report Sample to Unlock the Portable Beds Market Size for the Forecast Period and Other Important Statistics
The rapid growth in urbanization is notably driving the portable beds market growth, although factors such as the availability of alternative products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the portable beds industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Portable Beds Market Driver
Key Portable Beds Market Trend
Key Portable Beds Market Challenge
This portable beds market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global portable beds market as a part of the global home furnishing market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the portable beds market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the portable beds market encompasses successful business strategies deployed by the key vendors. The portable beds market is concentrated and the vendors are deploying growth strategies such as quality, uniqueness, and reliability to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The portable beds market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the portable beds market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
For more insights on the market share of various regions Request PDF Sample now!
39% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for portable beds market in North America. Market growth in this region will be slower than the growth of the market in other regions.
The rising consumer awareness regarding quality sleep and appropriate and convenient beds will facilitate the portable beds market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The regional market was adversely affected in 2020 due to the outbreak of COVID-19. However, due to the advent of large-scale vaccination drives in 2021, the regional economy is expected to recover, which, in turn, will have a positive impact on the regional market during the forecast period.
To gain further insights on the market contribution of various segments Request PDF Sample
The portable beds market share growth by the offline segment will be significant during the forecast period. The availability of different portable beds at more affordable prices by local manufacturers is likely to attract more customers to supermarkets and hypermarkets. Moreover, owing to the consumer preference for purchasing portable beds through offline distribution channels, manufacturers have been establishing new retail distribution centers. Thus, the offline distribution channel will thus contribute to the incremental growth of the global portable beds market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the portable beds market size and actionable market insights on post COVID-19 impact on each segment.
Folding furniture market - The market share is expected to increase by USD 4.44 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.58%.
Air Mattress and Beds market - The market share is projected to grow by USD 82 million with a CAGR of 8.38% during the forecast period 2021 to 2026.
Portable Beds Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.77% |
Market growth 2022-2026 |
$ 2.17 billion |
Market structure |
Concentrated |
YoY growth (%) |
7.42 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 39% |
Key consumer countries |
US, Canada, China, Japan, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
B.O.F.F. Wall Bed Furniture, BESTAR Inc., Clei Srl, Closets Unlimited of New Jersey Inc., Murphy Wall Beds Hardware Inc., Newell Brands Inc., Pepperfry Pvt. Ltd., Sedac Mecobel NV SA, SICO Inc., Spaceman Innovations Pte Ltd., The Bedder Way Co., The London Wallbed Co., Twin Cities Closet Co., and Wall Beds Manufacturing Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Distribution Channel
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.