Travel Folding Beds Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The global Travel Folding Beds market was valued at approximately USD 1.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. This growth is driven by increasing consumer demand for portable and space-saving furniture solutions. The market is experiencing a surge in popularity due to rising travel and tourism activities, a growing number of outdoor enthusiasts, and the need for compact sleeping solutions in urban environments. In 2023, the market is expected to reach USD 1.9 billion, reflecting a steady growth trend and a robust potential for expansion in the coming years.
Emerging market opportunities are notably significant in regions such as Asia-Pacific and Latin America, where rising disposable incomes and urbanization are fueling demand for versatile and affordable travel bedding options. Additionally, advancements in materials and designs that enhance comfort and durability are contributing to the market's expansion. The increasing adoption of travel folding beds in various applications, including camping, guest accommodations, and small-space living solutions, further amplifies growth potential. The market's evolving landscape presents substantial opportunities for innovative product developments and strategic investments to cater to the evolving consumer needs and preferences.
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Coleman
SEDAC
Murphy Wall Beds Hardware
SICO Inc.
BESTAR inc.
Instant Bedrooms
Twin Cities Closet Company
Murphy Bed USA
FlyingBeds International
More Space Place
Lagrama
Clei (Lawrance)
The London Wallbed Company
The Bedder Way Co.
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 Travel Folding Beds Market
Adventure Travel
Outdoor Travel
Based on Types the Market is categorized into Below types that held the largest Travel Folding Beds market share In 2023.
Single Folding Beds
Double Folding Beds
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 Travel Folding Beds 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 Travel Folding Beds Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Travel Folding Beds Market, By Type
6. Global Travel Folding Beds Market, By Application
7. Global Travel Folding Beds Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Travel Folding Beds Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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