Global Folding Table Market Size, Share, Growth Analysis, By Distribution Channel(Online and Offline), By Application(Residential and Commercial)

Description

Global Folding Table Market size was valued at USD 8.56 billion in 2022 and is poised to grow from USD 9.17 billion in 2023 to USD 15.87 billion by 2031, growing at a CAGR of 7.10% during the forecast period (2024-2031).

The rising popularity of folding tables stems from the growing trend towards smaller living spaces due to increased population density. With apartments shrinking in size, there's a soaring demand for compact furniture like folding tables and chairs. Urbanization and real estate expansion further fuel this demand, especially among the burgeoning youth population opting for rental housing. These demographic shifts prioritize affordable, multifunctional, and space-efficient furniture that aligns with urban lifestyles. Consequently, companies are introducing a plethora of folding table options-ranging from study tables to plastic and round variants made of plastic, wood, or metal-to cater to this market growth. As space-saving solutions, folding tables offer versatility and convenience, making them a staple in homes worldwide, available in various sizes, shapes, and price points.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Folding Table Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Folding Table Market Segmental Analysis

Folding Table Market is segmented on the basis of distribution channel, application and region. On the basis of distribution channel, global folding table market is segmented into, online and offline mode. On the basis of application, global folding table market is segmented into residential and commercial. On the basis of region, global folding table market is divided into North America, Europe, Asia Pacific, Latin America, and MEA.

Drivers of the Global Folding Table Market

The surge in the real estate industry, fueled by rapid urbanization and shifts in consumer lifestyles, has led to significant growth. With rising residential demand, there's been a noticeable impact on the global folding table market. As property prices escalate, consumers opt for smaller living spaces, driving the preference for compact and efficient furniture. Consequently, the adoption of foldable furniture has emerged as a prominent trend in recent years, propelling the global folding table market forward.

Restraints in the Global Folding Table Market

The recent surge in raw material prices, coupled with the rising costs of coatings and finishing, has resulted in an overall increase in the prices of furniture products. This development is impeding the growth of the global folding table market.

Market Trends of the Global Folding Table Market

The evolving corporate landscape, with a shift towards remote work arrangements, has fueled a surge in the demand for furniture conducive to home offices. This trend has particularly boosted the market for folding tables and chairs, as they offer versatility and comfort for individuals seeking an ergonomic workspace in non-traditional settings.

Product Code: SQMIG25F2019

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Folding Table Market by Distribution Channel

Market Overview
Online and Offline

Global Folding Table Market by Application

Market Overview
Residential and Commercial

Global Folding Table Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2023

Key Company Profiles

Lifetime Products, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Cosco Home & Office Products
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Samsonite International S.A.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
National Public Seating Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Meco Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Gopak Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
KI Furniture
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Barricks Manufacturing Company
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Correll, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
HON Industries, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Virco Mfg. Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Maywood Furniture Corp.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Palmer Snyder Furniture
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Alpina Manufacturing LLC
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Egan Visual, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
The Mitchell Group
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Lafuma Mobilier SAS
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
BT Office Furniture Group Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
SICO Incorporated
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Inter IKEA Holding B.V.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Folding Table Market Size, Share, Growth Analysis, By Distribution Channel(Online and Offline), By Application(Residential and Commercial) - Industry Forecast 2024-2031