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Global Folding Sofas Market Research Report 2024
Synopsis
Folding sofas, also known as sofa beds or sleeper sofas, are pieces of furniture that serve a dual purpose. They are designed to function as both a sofa for seating during the day and a bed for sleeping at night.
The key feature of a folding sofa is its ability to be easily transformed from a seating position to a sleeping position and vice versa. These sofas typically have a mechanism that allows the backrest to be flattened or reclined, and the seating surface to be extended or unfolded to create a flat sleeping surface. Some folding sofas may also have a pull-out or pop-up mattress that can be hidden within the sofa when not in use.
Folding sofas are popular choices for small living spaces, guest rooms, or multi-functional rooms where space optimization is important. They provide a convenient solution for accommodating overnight guests without the need for extra beds or sacrificing space. The design and size of folding sofas can vary, ranging from single-seater chairs to large sectional sofas, offering different seating capacities and sleeping arrangements.
The global Folding Sofas market was valued at US$ 13980 million in 2023 and is anticipated to reach US$ 18580 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
The global folding sofas market refers to the market for sofas that can be easily folded or transformed into a more compact form for storage or transportation. These sofas are designed to provide a versatile seating and sleeping solution, making them popular in various settings such as homes, apartments, guest rooms, and temporary accommodations.
The folding sofas market has witnessed significant growth in recent years, driven by several factors. One key driver is the increasing trend towards compact and multifunctional furniture, especially in urban areas where living spaces are often limited. Folding sofas offer a practical solution for optimizing space utilization while providing the comfort and functionality of a traditional sofa.
Another factor contributing to the growth of the folding sofas market is the rise of the e-commerce industry. Online retail platforms provide a convenient way for consumers to explore and purchase folding sofas, expanding the market reach and accessibility of these products.
Furthermore, changing lifestyles and evolving consumer preferences have played a role in shaping the folding sofas market. Many individuals and families are seeking flexible furniture options that can adapt to different needs and living situations. Folding sofas provide the ability to transform living spaces into sleeping areas or accommodate additional guests when needed.
The market offers a wide range of folding sofas, including sofa beds, futons, convertible sofas, and sectional sofas with folding mechanisms. These products come in various designs, styles, sizes, and materials to suit different aesthetic preferences and functional requirements.
In terms of regional analysis, the folding sofas market is spread across different regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Each region has its own market dynamics, consumer preferences, and growth opportunities for folding sofa manufacturers.
Competitive landscape-wise, the folding sofas market is characterized by the presence of both established players and emerging companies. Market players focus on innovation, product development, and marketing strategies to differentiate themselves and gain a competitive edge.
Overall, the global folding sofas market is expected to continue growing as the demand for space-saving and versatile furniture solutions persists. Factors such as urbanization, smaller living spaces, and evolving consumer lifestyles will likely contribute to the market’s expansion in the future.
This report aims to provide a comprehensive presentation of the global market for Folding Sofas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Folding Sofas.
Report Scope
The Folding Sofas market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Folding Sofas market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Folding Sofas manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IKEA
Wayfair
Ashley Furniture Industries
Urban Futons
Coaster Home Furnishings
Milliard
Serta
Sleeplace
Giantex
Roywel
Merax
Fun Furnishings
Best Choice Products
Jeffergarden
MAXDIVANI
CoCo Living
Segment by Type
Sofa Chairs
Sofa Bed
Others
Segment by Application
Home
Commercial
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Folding Sofas manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Folding Sofas in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Folding sofas, also known as sofa beds or sleeper sofas, are pieces of furniture that serve a dual purpose. They are designed to function as both a sofa for seating during the day and a bed for sleeping at night.
The key feature of a folding sofa is its ability to be easily transformed from a seating position to a sleeping position and vice versa. These sofas typically have a mechanism that allows the backrest to be flattened or reclined, and the seating surface to be extended or unfolded to create a flat sleeping surface. Some folding sofas may also have a pull-out or pop-up mattress that can be hidden within the sofa when not in use.
Folding sofas are popular choices for small living spaces, guest rooms, or multi-functional rooms where space optimization is important. They provide a convenient solution for accommodating overnight guests without the need for extra beds or sacrificing space. The design and size of folding sofas can vary, ranging from single-seater chairs to large sectional sofas, offering different seating capacities and sleeping arrangements.
The global Folding Sofas market was valued at US$ 13980 million in 2023 and is anticipated to reach US$ 18580 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
The global folding sofas market refers to the market for sofas that can be easily folded or transformed into a more compact form for storage or transportation. These sofas are designed to provide a versatile seating and sleeping solution, making them popular in various settings such as homes, apartments, guest rooms, and temporary accommodations.
The folding sofas market has witnessed significant growth in recent years, driven by several factors. One key driver is the increasing trend towards compact and multifunctional furniture, especially in urban areas where living spaces are often limited. Folding sofas offer a practical solution for optimizing space utilization while providing the comfort and functionality of a traditional sofa.
Another factor contributing to the growth of the folding sofas market is the rise of the e-commerce industry. Online retail platforms provide a convenient way for consumers to explore and purchase folding sofas, expanding the market reach and accessibility of these products.
Furthermore, changing lifestyles and evolving consumer preferences have played a role in shaping the folding sofas market. Many individuals and families are seeking flexible furniture options that can adapt to different needs and living situations. Folding sofas provide the ability to transform living spaces into sleeping areas or accommodate additional guests when needed.
The market offers a wide range of folding sofas, including sofa beds, futons, convertible sofas, and sectional sofas with folding mechanisms. These products come in various designs, styles, sizes, and materials to suit different aesthetic preferences and functional requirements.
In terms of regional analysis, the folding sofas market is spread across different regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Each region has its own market dynamics, consumer preferences, and growth opportunities for folding sofa manufacturers.
Competitive landscape-wise, the folding sofas market is characterized by the presence of both established players and emerging companies. Market players focus on innovation, product development, and marketing strategies to differentiate themselves and gain a competitive edge.
Overall, the global folding sofas market is expected to continue growing as the demand for space-saving and versatile furniture solutions persists. Factors such as urbanization, smaller living spaces, and evolving consumer lifestyles will likely contribute to the market’s expansion in the future.
This report aims to provide a comprehensive presentation of the global market for Folding Sofas, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Folding Sofas.
Report Scope
The Folding Sofas market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Folding Sofas market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Folding Sofas manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IKEA
Wayfair
Ashley Furniture Industries
Urban Futons
Coaster Home Furnishings
Milliard
Serta
Sleeplace
Giantex
Roywel
Merax
Fun Furnishings
Best Choice Products
Jeffergarden
MAXDIVANI
CoCo Living
Segment by Type
Sofa Chairs
Sofa Bed
Others
Segment by Application
Home
Commercial
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Folding Sofas manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Folding Sofas in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Folding Sofas Market Overview
1.1 Product Overview and Scope of Folding Sofas
1.2 Folding Sofas Segment by Type
1.2.1 Global Folding Sofas Market Value Comparison by Type (2024-2030)
1.2.2 Sofa Chairs
1.2.3 Sofa Bed
1.2.4 Others
1.3 Folding Sofas Segment by Application
1.3.1 Global Folding Sofas Market Value by Application: (2024-2030)
1.3.2 Home
1.3.3 Commercial
1.4 Global Folding Sofas Market Size Estimates and Forecasts
1.4.1 Global Folding Sofas Revenue 2019-2030
1.4.2 Global Folding Sofas Sales 2019-2030
1.4.3 Global Folding Sofas Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Folding Sofas Market Competition by Manufacturers
2.1 Global Folding Sofas Sales Market Share by Manufacturers (2019-2024)
2.2 Global Folding Sofas Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Folding Sofas Average Price by Manufacturers (2019-2024)
2.4 Global Folding Sofas Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Folding Sofas, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Folding Sofas, Product Type & Application
2.7 Folding Sofas Market Competitive Situation and Trends
2.7.1 Folding Sofas Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Folding Sofas Players Market Share by Revenue
2.7.3 Global Folding Sofas Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Folding Sofas Retrospective Market Scenario by Region
3.1 Global Folding Sofas Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Folding Sofas Global Folding Sofas Sales by Region: 2019-2030
3.2.1 Global Folding Sofas Sales by Region: 2019-2024
3.2.2 Global Folding Sofas Sales by Region: 2025-2030
3.3 Global Folding Sofas Global Folding Sofas Revenue by Region: 2019-2030
3.3.1 Global Folding Sofas Revenue by Region: 2019-2024
3.3.2 Global Folding Sofas Revenue by Region: 2025-2030
3.4 North America Folding Sofas Market Facts & Figures by Country
3.4.1 North America Folding Sofas Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Folding Sofas Sales by Country (2019-2030)
3.4.3 North America Folding Sofas Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Folding Sofas Market Facts & Figures by Country
3.5.1 Europe Folding Sofas Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Folding Sofas Sales by Country (2019-2030)
3.5.3 Europe Folding Sofas Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Folding Sofas Market Facts & Figures by Country
3.6.1 Asia Pacific Folding Sofas Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Folding Sofas Sales by Country (2019-2030)
3.6.3 Asia Pacific Folding Sofas Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Folding Sofas Market Facts & Figures by Country
3.7.1 Latin America Folding Sofas Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Folding Sofas Sales by Country (2019-2030)
3.7.3 Latin America Folding Sofas Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Folding Sofas Market Facts & Figures by Country
3.8.1 Middle East and Africa Folding Sofas Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Folding Sofas Sales by Country (2019-2030)
3.8.3 Middle East and Africa Folding Sofas Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Folding Sofas Sales by Type (2019-2030)
4.1.1 Global Folding Sofas Sales by Type (2019-2024)
4.1.2 Global Folding Sofas Sales by Type (2025-2030)
4.1.3 Global Folding Sofas Sales Market Share by Type (2019-2030)
4.2 Global Folding Sofas Revenue by Type (2019-2030)
4.2.1 Global Folding Sofas Revenue by Type (2019-2024)
4.2.2 Global Folding Sofas Revenue by Type (2025-2030)
4.2.3 Global Folding Sofas Revenue Market Share by Type (2019-2030)
4.3 Global Folding Sofas Price by Type (2019-2030)
5 Segment by Application
5.1 Global Folding Sofas Sales by Application (2019-2030)
5.1.1 Global Folding Sofas Sales by Application (2019-2024)
5.1.2 Global Folding Sofas Sales by Application (2025-2030)
5.1.3 Global Folding Sofas Sales Market Share by Application (2019-2030)
5.2 Global Folding Sofas Revenue by Application (2019-2030)
5.2.1 Global Folding Sofas Revenue by Application (2019-2024)
5.2.2 Global Folding Sofas Revenue by Application (2025-2030)
5.2.3 Global Folding Sofas Revenue Market Share by Application (2019-2030)
5.3 Global Folding Sofas Price by Application (2019-2030)
6 Key Companies Profiled
6.1 IKEA
6.1.1 IKEA Corporation Information
6.1.2 IKEA Description and Business Overview
6.1.3 IKEA Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.1.4 IKEA Folding Sofas Product Portfolio
6.1.5 IKEA Recent Developments/Updates
6.2 Wayfair
6.2.1 Wayfair Corporation Information
6.2.2 Wayfair Description and Business Overview
6.2.3 Wayfair Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Wayfair Folding Sofas Product Portfolio
6.2.5 Wayfair Recent Developments/Updates
6.3 Ashley Furniture Industries
6.3.1 Ashley Furniture Industries Corporation Information
6.3.2 Ashley Furniture Industries Description and Business Overview
6.3.3 Ashley Furniture Industries Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Ashley Furniture Industries Folding Sofas Product Portfolio
6.3.5 Ashley Furniture Industries Recent Developments/Updates
6.4 Urban Futons
6.4.1 Urban Futons Corporation Information
6.4.2 Urban Futons Description and Business Overview
6.4.3 Urban Futons Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Urban Futons Folding Sofas Product Portfolio
6.4.5 Urban Futons Recent Developments/Updates
6.5 Coaster Home Furnishings
6.5.1 Coaster Home Furnishings Corporation Information
6.5.2 Coaster Home Furnishings Description and Business Overview
6.5.3 Coaster Home Furnishings Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Coaster Home Furnishings Folding Sofas Product Portfolio
6.5.5 Coaster Home Furnishings Recent Developments/Updates
6.6 Milliard
6.6.1 Milliard Corporation Information
6.6.2 Milliard Description and Business Overview
6.6.3 Milliard Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Milliard Folding Sofas Product Portfolio
6.6.5 Milliard Recent Developments/Updates
6.7 Serta
6.6.1 Serta Corporation Information
6.6.2 Serta Description and Business Overview
6.6.3 Serta Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Serta Folding Sofas Product Portfolio
6.7.5 Serta Recent Developments/Updates
6.8 Sleeplace
6.8.1 Sleeplace Corporation Information
6.8.2 Sleeplace Description and Business Overview
6.8.3 Sleeplace Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Sleeplace Folding Sofas Product Portfolio
6.8.5 Sleeplace Recent Developments/Updates
6.9 Giantex
6.9.1 Giantex Corporation Information
6.9.2 Giantex Description and Business Overview
6.9.3 Giantex Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Giantex Folding Sofas Product Portfolio
6.9.5 Giantex Recent Developments/Updates
6.10 Roywel
6.10.1 Roywel Corporation Information
6.10.2 Roywel Description and Business Overview
6.10.3 Roywel Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Roywel Folding Sofas Product Portfolio
6.10.5 Roywel Recent Developments/Updates
6.11 Merax
6.11.1 Merax Corporation Information
6.11.2 Merax Folding Sofas Description and Business Overview
6.11.3 Merax Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Merax Folding Sofas Product Portfolio
6.11.5 Merax Recent Developments/Updates
6.12 Fun Furnishings
6.12.1 Fun Furnishings Corporation Information
6.12.2 Fun Furnishings Folding Sofas Description and Business Overview
6.12.3 Fun Furnishings Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Fun Furnishings Folding Sofas Product Portfolio
6.12.5 Fun Furnishings Recent Developments/Updates
6.13 Best Choice Products
6.13.1 Best Choice Products Corporation Information
6.13.2 Best Choice Products Folding Sofas Description and Business Overview
6.13.3 Best Choice Products Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Best Choice Products Folding Sofas Product Portfolio
6.13.5 Best Choice Products Recent Developments/Updates
6.14 Jeffergarden
6.14.1 Jeffergarden Corporation Information
6.14.2 Jeffergarden Folding Sofas Description and Business Overview
6.14.3 Jeffergarden Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Jeffergarden Folding Sofas Product Portfolio
6.14.5 Jeffergarden Recent Developments/Updates
6.15 MAXDIVANI
6.15.1 MAXDIVANI Corporation Information
6.15.2 MAXDIVANI Folding Sofas Description and Business Overview
6.15.3 MAXDIVANI Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.15.4 MAXDIVANI Folding Sofas Product Portfolio
6.15.5 MAXDIVANI Recent Developments/Updates
6.16 CoCo Living
6.16.1 CoCo Living Corporation Information
6.16.2 CoCo Living Folding Sofas Description and Business Overview
6.16.3 CoCo Living Folding Sofas Sales, Revenue and Gross Margin (2019-2024)
6.16.4 CoCo Living Folding Sofas Product Portfolio
6.16.5 CoCo Living Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Folding Sofas Industry Chain Analysis
7.2 Folding Sofas Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Folding Sofas Production Mode & Process
7.4 Folding Sofas Sales and Marketing
7.4.1 Folding Sofas Sales Channels
7.4.2 Folding Sofas Distributors
7.5 Folding Sofas Customers
8 Folding Sofas Market Dynamics
8.1 Folding Sofas Industry Trends
8.2 Folding Sofas Market Drivers
8.3 Folding Sofas Market Challenges
8.4 Folding Sofas Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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