Europe Folding Furniture Market Forecast to 2030
Europe Folding Furniture Market Forecast to 2030 – Regional Analysis – By Product Type (Tables, Chairs, Sofas and Beds, and Others), Material (Wood, Metal, and Plastic), Application (Residential, Commercial, and Others), and Distribution Channel (Online and Offline)
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Description
Rapid Advancements in Folding Furniture Fuel Europe Folding Furniture Market
Folding furniture can save space as it is quite flexible and can be easily folded or compacted in a small-sized room or apartment. In addition, folding furniture is considered under lightweight and easily deployable structures that can be transformed into various configurations easily and effectively. Hence, the demand for folding furniture is quite high among consumers. With rapid advancements backed by strong research activities and rising consumer demand for aesthetics and comfort, manufacturers are developing innovative concepts such as paper folding furniture and furniture involving pop-up architectures. Folding furniture often incorporates multi-functional designs, combining multiple uses in a single piece. For instance, a folding table can be used as a dining table, work desk, or even storage unit when not in use. This versatility appeals to consumers seeking furniture that can adapt to various needs and spaces, reducing the need for multiple pieces of furniture.
Consumers seek inspiring folding furniture designs that exude relaxation, luxury, and comfort. Moreover, increasing single unit households and construction of low-cost apartments with limited space have increased the adoption of folding furniture. Further, the demand for customized or contemporary furniture designs has increased considerably due to the growing preference for durable furniture that have a luxurious and stylish appearance. All such factors are expected to propel the overall Europe folding furniture market growth.
Europe Folding Furniture Market Overview
The western part of Europe is known for its better standards of living, with higher per capita GDP. European consumers display variations in preferences, and different countries have varied economic statuses, culinary practices, and consumption habits. Europe is a well-established and mature market for folding furniture. Folding furniture products have been gaining popularity in commercial and residential applications in the region. Countries such as Germany, France, and the UK are manufacturing hubs in the region. In addition to the flourishing manufacturing sector—increasing disposable incomes, growing urbanization, and expanding construction industry contribute to the folding furniture market growth in Europe. Flexibility, space efficiency, and ease of shifting are among the key characteristics of folding furniture. Europe is a base for the leading players in the folding furniture market, such as La-Z-Boy Inc.; Leggett & Platt, Inc.; and Haworth Inc.
Europe Folding Furniture Market Revenue and Forecast to 2030 (US$ Million)
Europe Folding Furniture Market Segmentation
The Europe folding furniture market is segmented into product type, material, application, and distribution channel.
Based on product type, the Europe folding furniture market is segmented into tables, chairs, sofas and beds, and others. The sofas and beds segment held the largest share of the Europe folding furniture market in 2023.
Based on material, the Europe folding furniture market is segmented into wood, metal, and plastic. The wood segment held the largest share of the Europe folding furniture market in 2023.
Based on application, the Europe folding furniture market is segmented into residential, commercial, and others. The residential segment held the largest share of the Europe folding furniture market in 2023.
Based on distribution channel, the Europe folding furniture market is bifurcated into online and offline. The offline held a larger share of the Europe folding furniture market in 2023.
Based on country, the Europe folding furniture market is segmented int o Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany dominated the Europe folding furniture market in 2023.
Inter IKEA Holding BV, Hussey Seating Co, Leggett & Platt Inc, Dorel Industries Inc, Maxchief Europe SL, and Leisure N Pleasure SARL are some of the leading companies operating in the Europe folding furniture market.
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According to the research team’ research, the Europe folding furniture market was valued at US$ 946.23 million in 2023 and is expected to reach US$ 1,539.76 million by 2030, registering a CAGR of 7.2% from 2023 to 2030. Rising demand for portable, multi-functional, and space-saving furniture and rapid urbanization along with growing residential sector are the critical factors attributed to the Europe folding furniture market expansion.
The real estate sector has witnessed high growth in recent times with rapid urbanization, structural economic changes, and shifts in consumer living patterns. The residential sector reports diverse housing needs and changing lifestyles. In addition, according to the European Union, Europe’s level of urbanization is expected to increase to ∼83.7% by 2050. Growth of the residential sector, supported by positive government measures, promotes the demand for folding furniture in the regional market scenario. Rapid urbanization brings about dynamic living situations, with residential spaces often serving multiple purposes. Significant growth in the real estate & residential sector is attributed to the population rise and high demand for better living spaces. The prices of residential properties have risen considerably, leading to a reduction in home sizes. As available space is smaller, consumers prefer compact furnishings that efficiently suit the available space and requirements. Hence, the adoption of multi-functional folding furniture has gained traction in the recent past. The necessity to save and effectively utilize space while enhancing aesthetics has gained prominence. Rising preference toward economical, portable, and appealing furnishing, coupled with a willingness to spend on aesthetic furniture properties, strongly supports the growth of the folding furniture industry for the residential segment. Hence, it has ultimately pushed investments in better and advanced variants of folding furniture across the world. The shift in consumer spending toward better living, backed by a rise in per capita and disposable income, has augmented the Europe folding furniture market growth. Furthermore, a growing interest in traveling is also driving the market growth.
On the contrary, high cost of raw material hampers the Europe folding furniture market.
Based on product type, the Europe folding furniture market is segmented into tables, chairs, sofas and beds, and others. The sofas and beds segment held 34.3% share of Europe folding furniture market in 2023, amassing US$ 324.67 million. It is projected to garner US$ 575.68 million by 2030 to expand at 8.5% CAGR during 2023-2030.
Based on material, the Europe folding furniture market is segmented into wood, metal, and plastic. The wood segment held 49.3% share of Europe folding furniture market in 2023, amassing US$ 466.84 million. It is projected to garner US$ 730.62 million by 2030 to expand at 6.6% CAGR during 2023-2030.
Based on application, the Europe folding furniture market is segmented into residential, commercial, and others. The residential segment held 34.0% share of Europe folding furniture market in 2023, amassing US$ 321.72 million. It is projected to garner US$ 538.36 million by 2030 to expand at 7.6% CAGR during 2023-2030.
Based on distribution channel, the Europe folding furniture market is segmented into online and offline. The offline segment held 66.2% share of Europe folding furniture market in 2023, amassing US$ 626.42 million. It is projected to garner US$ 988.22 million by 2030 to expand at 6.7% CAGR during 2023-2030.
Based on country, the Europe folding furniture market has been categorized into the Germany, France, Italy, UK, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 24.3% share of Europe folding furniture market in 2023. It was assessed at US$ 229.58 million in 2023 and is likely to hit US$ 400.60 million by 2030, exhibiting a CAGR of 6.5% during the forecast period.
Key players operating in the Europe folding furniture market are Leggett & Platt Inc, Inter IKEA Holding BV, Hussey Seating Co, Maxchief Europe SL, Leisure N Pleasure SARL, and Dorel Industries Inc, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Folding Furniture Market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Europe Folding Furniture Market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Folding Furniture Market Landscape
4.1 Porter’s Five Forces Analysis
4.2 Ecosystem Analysis
5. Europe Folding Furniture Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Portable, Multi-Functional, and Space-Saving Furniture
5.1.2 Rapid Urbanization Along with Growing Residential Sector
5.2 Market Restraints
5.2.1 High Cost of Raw Material
5.3 Market Opportunities
5.3.1 Rapid Advancements in Folding Furniture
5.4 Future Trends
5.4.1 Adoption of Eco-Friendly Materials
5.5 Impact of Drivers and Restraints:
6. Folding Furniture Market Europe Market Analysis
6.1 Europe Folding Furniture Market Revenue (US$ Mn), 2020 – 2030
6.2 Europe Folding Furniture Market Forecast and Analysis
7. Europe Folding Furniture Market Analysis – By Product Type
7.1 Europe Folding Furniture Market Forecasts and Analysis, By Product Type
7.2 Tables
7.2.1 Overview
7.2.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Tables (US$ Mn)
7.3 Chairs
7.3.1 Overview
7.3.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Chairs (US$ Mn)
7.4 Sofas and Beds
7.4.1 Overview
7.4.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Sofas and Beds (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Others (US$ Mn)
8. Europe Folding Furniture Market Analysis – By Material
8.1 Europe Folding Furniture Market Forecasts and Analysis- By Material
8.2 Wood
8.2.1 Overview
8.2.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Wood (US$ Mn)
8.3 Metal
8.3.1 Overview
8.3.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Metal (US$ Mn)
8.4 Plastic
8.4.1 Overview
8.4.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Plastic (US$ Mn)
9. Europe Folding Furniture Market Analysis – By Application
9.1 Europe Folding Furniture Market Forecasts and Analysis- By Application
9.2 Residential
9.2.1 Overview
9.2.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Residential (US$ Mn)
9.3 Commercial
9.3.1 Overview
9.3.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Commercial (US$ Mn)
9.4 Others
9.4.1 Overview
9.4.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Others (US$ Mn)
10. Europe Folding Furniture Market Analysis – By Distribution Channel
10.1 Europe Folding Furniture Market Forecasts and Analysis- By Distribution Channel
10.2 Online
10.2.1 Overview
10.2.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Online (US$ Mn)
10.3 Offline
10.3.1 Overview
10.3.2 Europe Folding Furniture Market Revenue and Forecast to 2030- By Offline (US$ Mn)
11. Europe Folding Furniture Market – Country Analysis
11.1 Europe Folding Furniture Market Overview
11.1.1 Europe Folding Furniture Market, by key country – Revenue (2022) (US$ Mn)
11.1.1.1 Germany Folding Furniture Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.1.1 Germany Folding Furniture Market Breakdown by Product Type
11.1.1.1.2 Germany Folding Furniture Market Breakdown by Material
11.1.1.1.3 Germany Folding Furniture Market Breakdown by Application
11.1.1.1.4 Germany Folding Furniture Market Breakdown by Distribution Channel
11.1.1.2 France Folding Furniture Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.2.1 France Folding Furniture Market Breakdown by Product Type
11.1.1.2.2 France Folding Furniture Market Breakdown by Material
11.1.1.2.3 France Folding Furniture Market Breakdown by Application
11.1.1.2.4 France Folding Furniture Market Breakdown by Distribution Channel
11.1.1.3 Italy Folding Furniture Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.3.1 Italy Folding Furniture Market Breakdown by Product Type
11.1.1.3.2 Italy Folding Furniture Market Breakdown by Material
11.1.1.3.3 Italy Folding Furniture Market Breakdown by Application
11.1.1.3.4 Italy Folding Furniture Market Breakdown by Distribution Channel
11.1.1.4 UK Folding Furniture Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.4.1 UK Folding Furniture Market Breakdown by Product Type
11.1.1.4.2 UK Folding Furniture Market Breakdown by Material
11.1.1.4.3 UK Folding Furniture Market Breakdown by Application
11.1.1.4.4 UK Folding Furniture Market Breakdown by Distribution Channel
11.1.1.5 Russia Folding Furniture Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.5.1 Russia Folding Furniture Market Breakdown by Product Type
11.1.1.5.2 Russia Folding Furniture Market Breakdown by Material
11.1.1.5.3 Russia Folding Furniture Market Breakdown by Application
11.1.1.5.4 Russia Folding Furniture Market Breakdown by Distribution Channel
11.1.1.6 Rest of Europe Folding Furniture Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.6.1 Rest of Europe Folding Furniture Market Breakdown by Product Type
11.1.1.6.2 Rest of Europe Folding Furniture Market Breakdown by Material
11.1.1.6.3 Rest of Europe Folding Furniture Market Breakdown by Application
11.1.1.6.4 Rest of Europe Folding Furniture Market Breakdown by Distribution Channel
12. Pre & Post Covid-19 Impact
12.1 Pre & Post Covid-19 Impact
13. Europe Folding Furniture Market Industry Landscape
13.1 Overview
13.2 Merger and Acquisitions
13.3 Partnerships
14. Competitive Landscape
14.1 Heat Map Analysis by Key Players
15. Europe Folding Furniture Market, Key Company Profiles
15.1 Leggett & Platt Inc
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Inter IKEA Holding BV
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 Hussey Seating Co
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 Dorel Industries Inc
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Maxchief Europe SL
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 Leisure N Pleasure SARL
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
16. Appendix
16.1 Appendix
LIST OF TABLES
Table 1. Europe Folding Furniture Market Segmentation
Table 2. Europe Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn)
Table 3. Germany Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 4. Germany Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Material
Table 5. Germany Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 6. Germany Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 7. France Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 8. France Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Material
Table 9. France Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 10. France Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 11. Italy Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 12. Italy Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Material
Table 13. Italy Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 14. Italy Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 15. UK Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 16. UK Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Material
Table 17. UK Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 18. UK Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 19. Russia Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 20. Russia Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Material
Table 21. Russia Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 22. Russia Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 23. Rest of Europe Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 24. Rest of Europe Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Material
Table 25. Rest of Europe Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Application
Table 26. Rest of Europe Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn) – By Distribution Channel
Table 27. Company Positioning & Concentration
LIST OF FIGURES
Figure 1. Europe Folding Furniture Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Europe Folding Furniture Market
Figure 4. Europe Folding Furniture Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Europe Folding Furniture Market Revenue (US$ Mn), 2020 – 2030
Figure 7. Europe Folding Furniture Market Share (%) – By Product Type, 2022 and 2030
Figure 8. Europe Folding Furniture Market Revenue and Forecast to 2030- By Tables (US$ Mn)
Figure 9. Europe Folding Furniture Market Revenue and Forecast to 2030- By Chairs (US$ Mn)
Figure 10. Europe Folding Furniture Market Revenue and Forecast to 2030- By Sofas and Beds (US$ Mn)
Figure 11. Europe Folding Furniture Market Revenue and Forecast to 2030- By Others (US$ Mn)
Figure 12. Europe Folding Furniture Market Share (%) – By Material, 2022 and 2030
Figure 13. Europe Folding Furniture Market Revenue and Forecast to 2030- By Wood (US$ Mn)
Figure 14. Europe Folding Furniture Market Revenue and Forecast to 2030- By Metal (US$ Mn)
Figure 15. Europe Folding Furniture Market Revenue and Forecast to 2030- By Plastic (US$ Mn)
Figure 16. Europe Folding Furniture Market Share (%) – By Application, 2022 and 2030
Figure 17. Europe Folding Furniture Market Revenue and Forecast to 2030- By Residential (US$ Mn)
Figure 18. Europe Folding Furniture Market Revenue and Forecast to 2030- By Commercial (US$ Mn)
Figure 19. Europe Folding Furniture Market Revenue and Forecast to 2030- By Others (US$ Mn)
Figure 20. Europe Folding Furniture Market Share (%) – By Distribution Channel, 2022 and 2030
Figure 21. Europe Folding Furniture Market Revenue and Forecast to 2030- By Online (US$ Mn)
Figure 22. Europe Folding Furniture Market Revenue and Forecast to 2030- By Offline (US$ Mn)
Figure 23. Europe Folding furniture market, by key country – Revenue (2022) (US$ Mn)
Figure 24. Folding furniture market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 25. Germany Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. France Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. Italy Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. UK Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Russia Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Rest of Europe Folding Furniture Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – Europe Folding Furniture Market
o Dorel Industries Inc
o Hussey Seating Co
o Inter IKEA Holding BV
o Leggett & Platt Inc
o Leisure N Pleasure SARL
o Maxchief Europe SL
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