Wall Bed Market – Global Industry Size, Share, Trends, Opportunities, and Forecast, 2017-2027 Segmented By Bed Type (Single Vs. Double), By Bed Material (Metal Vs. Wooden), By Operation (Manual Vs, Automated), By Application (Residential Vs. Commercial), By Distribution Channel (Home Furnishing & Furniture Stores, Retail Stores, Online Stores), By Region
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Download Sample Ask for Discount Request CustomizationWall Bed Market – Global Industry Size, Share, Trends, Opportunities, and Forecast, 2017-2027 Segmented By Bed Type (Single Vs. Double), By Bed Material (Metal Vs. Wooden), By Operation (Manual Vs, Automated), By Application (Residential Vs. Commercial), By Distribution Channel (Home Furnishing & Furniture Stores, Retail Stores, Online Stores), By Region
The global wall bed market is expected to grow with an impressive CAGR during the forecast period. The growing demand for accessible space optimization is likely to create profitable new markets for wall beds. The wall beds can be folded against the wall horizontally or vertically with ease. These folded beds create more space in compact lodging.
Wall beds are used as practical furniture that quickly converts space into a bedroom. Both single and double versions of these beds are offered. Also, both manual and automated options are found at for them. The market for wall beds has expanded significantly due to the current modular living trend.
The widespread acceptance of nuclear households as well as the rising awareness among consumers regarding the presence of such products in the market will fuel the growth of the global wall bed market. The development of the market is heavily influenced by the speed with which hotels, motels, and other lodging establishments are being built. Beds’ adaptability adds a potential element to interior design. Wall beds can be changed to create additional space, allowing the use of other furniture and accessories.
Multi-Featured Wall Bed Fuels Market Growth
One of the key factors driving the market's expansion is the rising demand for wall beds with multiple features. The demand for wall beds with multiple features has significantly increased in recent years, which has prompted suppliers to offer multi-featured wall beds. Due to their higher returns on investment than standard wall beds, consumers are becoming more and more interested in multi-featured wall beds. For various purposes, wall beds with multiple uses eliminate the need for additional items such as sofas, desks, cabinets, and closets. They also provide greater convenience while saving money, time, and space, which will be a major contributing factor to the increase in demand for these beds.
Shifting Trend Towards Eco-Friendly and Green Furnishing Propels Market Growth
A growing trend towards more environmentally friendly and green furnishings is being seen in the market. Customers favor environment friendly furnishings made from materials such as Moso bamboo, which is more durable than oak. Environmental issues like awareness of climate change and the impact of deforestation on ecosystems are the main drivers behind the shifting preferences of consumers towards green furnishings. As a result, there will be a high demand for wall beds made of eco-friendly materials, which is expected to fuel market growth over the forecast period.
Wide Availability of Varieties Drives Market Growth
Demand is expected to be fueled by the availability of a variety of wall-mounted bed items, including bunk beds, beds with side tables, and beds with storage. Manufacturers are working to provide distinctive products to attract customers, such as remote-controlled wall beds, wall beds with antimicrobial protective coatings, and lower-weight wall bed design options. This is therefore anticipated to have a positive effect on the market expansion. For instance, innovative retractable Murphy beds like the Zoom Bed are made in Germany. This is the most stylish wall bed, and it can be opened with the simple push of remote control. This wall bed's distinctive mechanism combines with the custom cabinetry to provide numerous design options.
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Market Segmentation
Company Profile
Murphy Wall Beds Hardware Inc., SICO Incorporated, More Space Place, Inc., Wilding Wallbeds, The Bedder Way Co, Bestar Inc., Instant Bedrooms Manufacturing Inc., Twin Cities Closet Company, Wall Beds Manufacturing and Spaceman Innovations Pte Ltd. are
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Billion and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Bed Type· Bed Material· Operation· Application· Distribution Channel |
| Regional Scope | North America, Europe, Asia-Pacific, Middle East & Africa, and South America |
| Country Scope | United States; Canada; Mexico; France; Germany United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia, South Africa; Saudi Arabia; UAE; Turkey; Brazil; Argentina; Colombia |
| Key Companies Profiled | Murphy Wall Beds Hardware Inc., SICO Incorporated, More Space Place, Inc., Wilding Wallbeds, The Bedder Way Co, Bestar Inc., Instant Bedrooms Manufacturing Inc., Twin Cities Closet Company, Wall Beds Manufacturing, Spaceman Innovations Pte Ltd., etc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
Report Scope
In this report, the global wall bed market has been segmented into the following categories, in addition to the industry trends which have also been detailed below
- Wall Bed Market, By Bed Type
- Single
- Double
- Wall Bed Market, By Bed Material
- Metal
- Wooden
- Wall Bed Market, By Operation
- Manual
- Automated
- Wall Bed Market, By Application
- Residential
- Commercial
- Wall Bed Market, By Distribution Channel
- Home Furnishing & Furniture Stores
- Retail Stores
- Online Stores
Wall Bed Market
- North America
- United States
- Canada
- Mexico
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
- South America
- Brazil
- Argentina
- Colombia
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