Folding Tables and Chairs Market was valued at USD 12.5 Billion in 2022 and is projected to reach USD 18.5 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
As we move into the period from 2023 to 2033, the demand for folding tables and chairs is expected to increase at an even faster pace. The growing adoption of flexible workspaces, temporary setups for events, and outdoor activities are expected to be key drivers for the market's growth. The shift toward remote working has also prompted businesses to adopt multi-functional furniture solutions that are easy to transport, set up, and store. The future outlook is further influenced by sustainability trends, with manufacturers focusing on eco-friendly materials and processes to cater to the growing consumer interest in environmentally responsible products.
The global market is poised for significant growth with Asia-Pacific emerging as a major contributor due to its rapidly expanding population and urban areas. The rise in disposable income in emerging economies, especially in China and India, is also expected to boost demand for folding furniture. Meanwhile, North America and Europe continue to lead in terms of innovation, with product advancements such as folding chairs and tables with additional features, such as integrated storage and wireless charging capabilities.
With such an encouraging forecast, both large and small businesses in the folding furniture segment are gearing up for increased competition. Companies are focusing on enhancing their product offerings, targeting niche markets, and improving customer experience to gain a competitive edge. The market is also witnessing the rise of online retail platforms, which allow customers to easily compare products and access a wider variety of folding tables and chairs.
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The Folding Tables and Chairs market has witnessed steady growth from 2018 to 2022, driven by the rising demand for versatile and space-saving furniture solutions across both residential and commercial sectors. The market has been characterized by innovations in design and materials, with manufacturers increasingly focusing on durability, portability, and aesthetic appeal. In addition, factors such as urbanization, rising disposable incomes, and the growing trend of multi-functional furniture have contributed to the market's expansion during these years. Furthermore, folding tables and chairs have become increasingly popular in hospitality, event management, and educational institutions due to their convenience and cost-effectiveness.
Meco Corporation
Ikea
Leggett & Platt
Dorel Industries
Hussey Seating
Lifetime Products
La-Z-Boy
KI
Haworth
Quanyou
BBMG Tiantan Furniture
Flexsteel Industries
RUKU Klappmöbel
Maxchief Europe
Sauder Woodworking
Qumei
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Folding Tables and Chairs Market
Commercial
Residential
Based on Types the Market is categorized into Below types that held the largest Folding Tables and Chairs market share In 2023.
Woodiness Folding Tables & Chairs
Plastic Folding Tables & Chairs
Metal Folding Tables & Chairs
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Folding Tables and Chairs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Folding Tables and Chairs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Folding Tables and Chairs Market, By Type
6. Global Folding Tables and Chairs Market, By Application
7. Global Folding Tables and Chairs Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Folding Tables and Chairs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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