Wall Beds Market Synopsis
Wall Beds Market Size Was Valued at USD 4.97 Billion in 2023 and is Projected to Reach USD 8.26 Billion by 2032, Growing at a CAGR of 5.8% From 2024-2032.
Folding beds, or more commonly known as Murphy beds, are innovative furniture designs that are stored on a vertical manner by folding against the walls whenever they are not in use especially in areas where space is most certainly a concern. These beds were developed and patented in the 20th century by William Lawrence Murphy; they are generally attached at one end to the wall or an armoire and can be tilted conveniently for sleeping or raised effortlessly for storage, looking like furniture within the space. Owing to their functionality and capacity for being utilized both for sleeping and as a piece of furniture, wall beds have become a norm for apartments, small homes, and other residences where square footage is of the essence.
- Wall bed market has also expanded significantly over the past few years for various reasons, namely increased urbanization, housing space limitations, and consumer trend shifts. Despite their name, modern loft beds are very similar to those seen in Murphy beds, giving the resident the ability to have a comfortable, stylish, sleeping solution that still makes good use of limited space of studios or other small dwellings.
- Factors such as urbanization are the central contributing factors to the increased desire to own wall beds in modern societies. This is because a number of individuals continue shifting their living and working places in towns, and Crelan thus needs to make optimum utilization of the limited space it has. Wall beds are rather effective in solving this problem because during the day the bed is easily tucked away and in the evening it all becomes a comfortable size of a full-sized bed. An example being the conversion of a bedroom to a living room and home office, something that is quite common to owner-occupants of urban property, particularly in cities where the size of the living space is limited.
- In addition, the growing population of individuals who are keen on transforming their life styles and preferences towards the usage of wall beds has boosted the market. This is due to new trends in owning fewer items, which translates to more space-saving solutions to fit the few owned items and give a new meaning to efficient living. Wall beds do not only serve as solutions to space optimization but also provide a minimalist elegant design that can be integrated in the modern kind of interior design. Finally, the utility and adaptability of wall beds are also beneficial to residents, owners of apartments, houses, offices, and commercial spaces – all these factors create a high demand for this product, thus promoting market expansion.
- Also, some aspects like the design and technology of this furniture has very had a positive impact in the expansion of this wall bed to different people. There are many different features and options that advance manufacturers offer to their consumers to enhance the products and make it affordable and fitting for everyone’s specific requirements. When it comes to the technical aspects of a wall bed, technical advancements have allowed solutions to provide better integrated storage solutions, lights in the fold, flexible finishes, and materials. This innovation has continued and assisted to grow consumer’s awareness rate thus increasing the demand for wall beds.
- It is projected that the market will have even more promising future given that demand for the wall beds is likely going to increase in future due to advancements in the construction industry. The continual growth in the population coupled with the growth of the middle class and improved standards of living, particularly in the emerging countries, can be seen as potential drivers for fundamental market growth in the next couple of years. Furthermore, it is possible to note that, as acceptance of benefits derived from wall beds increases and its penetration progresses, the market will reveal more further potential for intensification in its internal and foreign segments. In general, it can be inferred that the wall beds market occupies a significant and promising niche within the furniture market, due to the constant demand for further development of sleeping-space-saving solutions for contemporary living spaces.
Wall Beds Market Trend Analysis
Space Optimization Solutions
- It is noted that the global market of Space Optimization Solutions Wall Beds Market has been constantly growing within the past few years thanks to the necessity of the peoples in the usage of the space effective sleeping places and other little used items. These wall beds sometimes referred to as Murphy beds, are more convenient and space friendly designs meant for tight living conditions especially in urban settings and limited housing accommodation spaces. As a result of the cut-down dimensions in living space this has led to an influx of compact households and micro living, there is always a demand for non-traditional full-service furniture that can bend and morph in various functions responding to the evolving needs of the consumers through time. This has in turn been met by the availability of so many stylish and fashionable wall beds in the market that it can easily fit modern home dècor trends and yet offer a comfortable sleeping area without having to take up much of the floor space.
- Innovations and improvements in technology and materials have fettered to the stronger and reliable, easier to operate, and attractive designs of the wall bed and hence, has propelling the market growth. Seeing increased amounts of urbanization and more people living in small spaces, the Space Optimization Solutions Wall Beds Market holds a strong and promising niche in the contemporary furniture demand.
Smart Integration and Technology
- The market for Smart Integration and Technology Wall Beds is currently in the growth stage and is expected to grow significantly as more people seek solutions leading to the space constraints in urban areas. Here are some of the promising features of state-of-art wall beds that can be included in the design: The operations can be performed with the help of automatic mechanisms; Additional besides the control of the process, the application of a remote control or the possibility of integration into smart home systems may be incorporated in the wall bed design. Due to the increase in the number of people living and working in limited space especially in urban areas, many need solutions that offer comfort and space-saving Universal Wall Bed Solutions are one of the advanced solutions that have been embraced due to the ability to offer convenience and versatility.
- Furthermore, product innovation in terms of the materials used as well as the design have led to better overall appearance and long-lasting nature of the related products thus boosting the market growth. Since consumers today are more conscious of their spaces and need to make the most of the room that they have without the compromise of the comfort of their beds, the global Smart Integration and Technology Wall Beds market will continue to grow with manufacturers looking for new ways to tap into the ever shifting consumer needs.
Wall Beds Market Segment Analysis:
Wall Beds Market Segmented based on By Type , By Size, By Functioning , By Application and ,By Sales Channel
By Type, Desk Wall Beds segment is expected to dominate the market during the forecast period
- The Wall Beds market offering a broad assortment of products listed majorly on the basis of type in order to fulfill the specific requirement of the end user. Plain Bed with Drawers – a practical combination of a wardrobe and a bed, Cabinet Beds are definitely worth consideration for those who need a functional bed but love stylized interiors. Desk Wall Beds are fold out beds in combination with a desk that allow people to incorporate two important items of furniture into a single piece in small flats. Library Wall Beds, combining a beauty of bookcase and functionality of the fold out bed, are perfect for style-conscious and space-challenged individuals.
- Also, the market also includes a segment of ‘Others’ which may include unique sty/,’ Dontion, style or other considerations that may appeal to consumers’’ desired space, or reach that can be attained with the piece. This segmentation highlights the dynamic use and flexibility of the Wall Beds because it encompasses pragmatic buyers who live in congested areas as well as style conscious first time homeowners which makes Wall Beds market very diverse.
By Size, King segment held the largest share in 2023
- The wall beds market can be segmented by size into four main categories: Building on the King and Queen categories, the Full subclass is analyzed in detail, followed by a discussion of other subclasses that have not been previously explored. All size categories serve various consumer purposes and expectations that are capable of flexibility for achieving maximum usage of the space as well as comfort. There are large wall beds available that are suitable for larger bedrooms so that people that are heading for sleep can have a lot of space if they are two people or just like to have more space on their beds. Queen size is the best size as it is providing ample of space and has an optimum size which can easily accommodate a couple and is suitable for most rooms in a house- the bedroom.
- The standard wall bed designs are most appropriate for the minor rooms or the guest rooms as it doesn’t claim a lot of space yet offer a perfect little space for a bed. The “Other” classification includes units with various dimensions and subtypes to fit particular conditions, including twin or customized WallBeds for different purposes. In conclusion, the stated segmentation is helpful to manufacturers and retailers in order to target the appropriate wall beds consumer groups and offer appropriate products for different living environments and customer orientations in the targeted market.
Wall Beds Market Regional Insights:
Asia-Pacific is Expected to Dominate the Market Over the Forecast period
- Emerging nations of the Asia Pacific region are likely to challenge the supremacy of wall beds market throughout the forecast period. This projection is based on some assumptions such as: population growth rate, urbanization rate, changes in the socio-economic form of life etc. Due to high population density in populated towns and cities globally particularly in Asia’s countries like China, India and Japan the issue of space ad becomes very limited hence the need for space saving furniture like the wall bed. In addition, increased consumer spending and a focus on the appearance of the interior amenities are several other factors helping to boost the demand for the wall beds in the region.
- Despite this though, the growing real estate market especially in developing countries is viewed as having a positive impact on the market since developers and homeowners are looking to derive optimum use from limited space. Therefore, Asia-Pacific remains promising and is likely to dominate a global market in Wall beds and showers; the region’s growth rate is expected to be higher than any other regions in the near future.
Active Key Players in the Wall Beds Market
- Hiddenbed of Oregon LLC (US)
- Murphy Wall Beds Hardware Inc. (US)
- Bestar Inc. (Canada)
- SICO Inc. (US)
- The WallBed Company (Australia)
- Wilding Wallbeds (US)
- InovaBed (US)
- Oldham Wood (US)
- SMARTBett GmbH (Germany)
- The Bedder Way Company (US)
- Foshan Youpai Home Technology Co. Ltd. (China)
- B.O.F.F. Wall Bed (Canada)
- Bonbon Trading Limited (UK)
- FlyingBeds International (US)
- ClickBed Pl (Poland)
- Guangdong Nova Furniture Co. Limited (China)
- Foshan COOC Furniture Co. Ltd. (China)
- Other Key Players
Key Industry Developments in the Wall Beds Market:
- In May 2023, Resource Furniture, a US brand known for its space-maximizing designs the motorized Tonale sofa wall bed and the LGM 2.0 revolving wall bed as part of their latest collection. These wall beds were created to transform and maximize space efficiently, allowing homeowners to convert rooms into bedrooms quickly and effortlessly. The Tonale and LGM 2.0 form part of Resource Furniture's lineup of multifunctional furniture, reflecting a commitment to innovative design. The LGM 2.0 is an updated version of the brand's best-selling LGM revolving wall bed, which was originally developed in the 1970s.
Global Wall Beds Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 4.97 Bn. |
Forecast Period 2024-32 CAGR: |
5.8% |
Market Size in 2032: |
USD 8.26 Bn. |
Segments Covered: |
By Type |
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By Size |
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By Functioning |
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By Application |
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By Sales Channel |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Size
3.3 By Functioning
3.4 By Application
3.5 By Sales Channel
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Wall Beds Market by Type
5.1 Wall Beds Market Overview Snapshot and Growth Engine
5.2 Wall Beds Market Overview
5.3 Cabinet Beds
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Cabinet Beds: Geographic Segmentation
5.4 Desk Wall Beds
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Desk Wall Beds: Geographic Segmentation
5.5 Library Wall Beds
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Library Wall Beds: Geographic Segmentation
5.6 Others
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Others: Geographic Segmentation
Chapter 6: Wall Beds Market by Size
6.1 Wall Beds Market Overview Snapshot and Growth Engine
6.2 Wall Beds Market Overview
6.3 King
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 King: Geographic Segmentation
6.4 Queen
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Queen: Geographic Segmentation
6.5 Full
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Full: Geographic Segmentation
6.6 Others
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Others: Geographic Segmentation
Chapter 7: Wall Beds Market by Functioning
7.1 Wall Beds Market Overview Snapshot and Growth Engine
7.2 Wall Beds Market Overview
7.3 Manual
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2017-2032F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Manual: Geographic Segmentation
7.4 Automatic
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Automatic: Geographic Segmentation
Chapter 8: Wall Beds Market by Application
8.1 Wall Beds Market Overview Snapshot and Growth Engine
8.2 Wall Beds Market Overview
8.3 Residential
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size (2017-2032F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 Residential: Geographic Segmentation
8.4 Commercial
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size (2017-2032F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Commercial: Geographic Segmentation
Chapter 9: Wall Beds Market by Sales Channel
9.1 Wall Beds Market Overview Snapshot and Growth Engine
9.2 Wall Beds Market Overview
9.3 Online Stores
9.3.1 Introduction and Market Overview
9.3.2 Historic and Forecasted Market Size (2017-2032F)
9.3.3 Key Market Trends, Growth Factors and Opportunities
9.3.4 Online Stores: Geographic Segmentation
9.4 Furniture Retail
9.4.1 Introduction and Market Overview
9.4.2 Historic and Forecasted Market Size (2017-2032F)
9.4.3 Key Market Trends, Growth Factors and Opportunities
9.4.4 Furniture Retail: Geographic Segmentation
9.5 Specialty Stores
9.5.1 Introduction and Market Overview
9.5.2 Historic and Forecasted Market Size (2017-2032F)
9.5.3 Key Market Trends, Growth Factors and Opportunities
9.5.4 Specialty Stores: Geographic Segmentation
9.6 Others
9.6.1 Introduction and Market Overview
9.6.2 Historic and Forecasted Market Size (2017-2032F)
9.6.3 Key Market Trends, Growth Factors and Opportunities
9.6.4 Others: Geographic Segmentation
Chapter 10: Company Profiles and Competitive Analysis
10.1 Competitive Landscape
10.1.1 Competitive Positioning
10.1.2 Wall Beds Sales and Market Share By Players
10.1.3 Industry BCG Matrix
10.1.4 Heat Map Analysis
10.1.5 Wall Beds Industry Concentration Ratio (CR5 and HHI)
10.1.6 Top 5 Wall Beds Players Market Share
10.1.7 Mergers and Acquisitions
10.1.8 Business Strategies By Top Players
10.2 HIDDENBED OF OREGON LLC (US)
10.2.1 Company Overview
10.2.2 Key Executives
10.2.3 Company Snapshot
10.2.4 Operating Business Segments
10.2.5 Product Portfolio
10.2.6 Business Performance
10.2.7 Key Strategic Moves and Recent Developments
10.2.8 SWOT Analysis
10.3 MURPHY WALL BEDS HARDWARE INC. (US)
10.4 BESTAR INC. (CANADA)
10.5 SICO INC. (US)
10.6 THE WALLBED COMPANY (AUSTRALIA)
10.7 WILDING WALLBEDS (US)
10.8 INOVABED (US)
10.9 OLDHAM WOOD (US)
10.10 SMARTBETT GMBH (GERMANY)
10.11 THE BEDDER WAY COMPANY (US)
10.12 FOSHAN YOUPAI HOME TECHNOLOGY CO. LTD. (CHINA)
10.13 B.O.F.F. WALL BED (CANADA)
10.14 BONBON TRADING LIMITED (UK)
10.15 FLYINGBEDS INTERNATIONAL (US)
10.16 CLICKBED PL (POLAND)
10.17 GUANGDONG NOVA FURNITURE CO. LIMITED (CHINA)
10.18 FOSHAN COOC FURNITURE CO. LTD. (CHINA)
10.19 OTHER MAJOR PLAYERS
Chapter 11: Global Wall Beds Market Analysis, Insights and Forecast, 2017-2032
11.1 Market Overview
11.2 Historic and Forecasted Market Size By Type
11.2.1 Cabinet Beds
11.2.2 Desk Wall Beds
11.2.3 Library Wall Beds
11.2.4 Others
11.3 Historic and Forecasted Market Size By Size
11.3.1 King
11.3.2 Queen
11.3.3 Full
11.3.4 Others
11.4 Historic and Forecasted Market Size By Functioning
11.4.1 Manual
11.4.2 Automatic
11.5 Historic and Forecasted Market Size By Application
11.5.1 Residential
11.5.2 Commercial
11.6 Historic and Forecasted Market Size By Sales Channel
11.6.1 Online Stores
11.6.2 Furniture Retail
11.6.3 Specialty Stores
11.6.4 Others
Chapter 12: North America Wall Beds Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Cabinet Beds
12.4.2 Desk Wall Beds
12.4.3 Library Wall Beds
12.4.4 Others
12.5 Historic and Forecasted Market Size By Size
12.5.1 King
12.5.2 Queen
12.5.3 Full
12.5.4 Others
12.6 Historic and Forecasted Market Size By Functioning
12.6.1 Manual
12.6.2 Automatic
12.7 Historic and Forecasted Market Size By Application
12.7.1 Residential
12.7.2 Commercial
12.8 Historic and Forecasted Market Size By Sales Channel
12.8.1 Online Stores
12.8.2 Furniture Retail
12.8.3 Specialty Stores
12.8.4 Others
12.9 Historic and Forecast Market Size by Country
12.9.1 U.S.
12.9.2 Canada
12.9.3 Mexico
Chapter 13: Europe Wall Beds Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Cabinet Beds
13.4.2 Desk Wall Beds
13.4.3 Library Wall Beds
13.4.4 Others
13.5 Historic and Forecasted Market Size By Size
13.5.1 King
13.5.2 Queen
13.5.3 Full
13.5.4 Others
13.6 Historic and Forecasted Market Size By Functioning
13.6.1 Manual
13.6.2 Automatic
13.7 Historic and Forecasted Market Size By Application
13.7.1 Residential
13.7.2 Commercial
13.8 Historic and Forecasted Market Size By Sales Channel
13.8.1 Online Stores
13.8.2 Furniture Retail
13.8.3 Specialty Stores
13.8.4 Others
13.9 Historic and Forecast Market Size by Country
13.9.1 Germany
13.9.2 U.K.
13.9.3 France
13.9.4 Italy
13.9.5 Russia
13.9.6 Spain
13.9.7 Rest of Europe
Chapter 14: Asia-Pacific Wall Beds Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Cabinet Beds
14.4.2 Desk Wall Beds
14.4.3 Library Wall Beds
14.4.4 Others
14.5 Historic and Forecasted Market Size By Size
14.5.1 King
14.5.2 Queen
14.5.3 Full
14.5.4 Others
14.6 Historic and Forecasted Market Size By Functioning
14.6.1 Manual
14.6.2 Automatic
14.7 Historic and Forecasted Market Size By Application
14.7.1 Residential
14.7.2 Commercial
14.8 Historic and Forecasted Market Size By Sales Channel
14.8.1 Online Stores
14.8.2 Furniture Retail
14.8.3 Specialty Stores
14.8.4 Others
14.9 Historic and Forecast Market Size by Country
14.9.1 China
14.9.2 India
14.9.3 Japan
14.9.4 Singapore
14.9.5 Australia
14.9.6 New Zealand
14.9.7 Rest of APAC
Chapter 15: Middle East & Africa Wall Beds Market Analysis, Insights and Forecast, 2017-2032
15.1 Key Market Trends, Growth Factors and Opportunities
15.2 Impact of Covid-19
15.3 Key Players
15.4 Key Market Trends, Growth Factors and Opportunities
15.4 Historic and Forecasted Market Size By Type
15.4.1 Cabinet Beds
15.4.2 Desk Wall Beds
15.4.3 Library Wall Beds
15.4.4 Others
15.5 Historic and Forecasted Market Size By Size
15.5.1 King
15.5.2 Queen
15.5.3 Full
15.5.4 Others
15.6 Historic and Forecasted Market Size By Functioning
15.6.1 Manual
15.6.2 Automatic
15.7 Historic and Forecasted Market Size By Application
15.7.1 Residential
15.7.2 Commercial
15.8 Historic and Forecasted Market Size By Sales Channel
15.8.1 Online Stores
15.8.2 Furniture Retail
15.8.3 Specialty Stores
15.8.4 Others
15.9 Historic and Forecast Market Size by Country
15.9.1 Turkey
15.9.2 Saudi Arabia
15.9.3 Iran
15.9.4 UAE
15.9.5 Africa
15.9.6 Rest of MEA
Chapter 16: South America Wall Beds Market Analysis, Insights and Forecast, 2017-2032
16.1 Key Market Trends, Growth Factors and Opportunities
16.2 Impact of Covid-19
16.3 Key Players
16.4 Key Market Trends, Growth Factors and Opportunities
16.4 Historic and Forecasted Market Size By Type
16.4.1 Cabinet Beds
16.4.2 Desk Wall Beds
16.4.3 Library Wall Beds
16.4.4 Others
16.5 Historic and Forecasted Market Size By Size
16.5.1 King
16.5.2 Queen
16.5.3 Full
16.5.4 Others
16.6 Historic and Forecasted Market Size By Functioning
16.6.1 Manual
16.6.2 Automatic
16.7 Historic and Forecasted Market Size By Application
16.7.1 Residential
16.7.2 Commercial
16.8 Historic and Forecasted Market Size By Sales Channel
16.8.1 Online Stores
16.8.2 Furniture Retail
16.8.3 Specialty Stores
16.8.4 Others
16.9 Historic and Forecast Market Size by Country
16.9.1 Brazil
16.9.2 Argentina
16.9.3 Rest of SA
Chapter 17 Investment Analysis
Chapter 18 Analyst Viewpoint and Conclusion
Global Wall Beds Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 4.97 Bn. |
Forecast Period 2024-32 CAGR: |
5.8% |
Market Size in 2032: |
USD 8.26 Bn. |
Segments Covered: |
By Type |
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By Size |
|
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By Functioning |
|
||
By Application |
|
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By Sales Channel |
|
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By Region |
|
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Key Market Drivers: |
|
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Key Market Restraints: |
|
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Key Opportunities: |
|
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. WALL BEDS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. WALL BEDS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. WALL BEDS MARKET COMPETITIVE RIVALRY
TABLE 005. WALL BEDS MARKET THREAT OF NEW ENTRANTS
TABLE 006. WALL BEDS MARKET THREAT OF SUBSTITUTES
TABLE 007. WALL BEDS MARKET BY TYPE
TABLE 008. CABINET BEDS MARKET OVERVIEW (2016-2028)
TABLE 009. DESK WALL BEDS MARKET OVERVIEW (2016-2028)
TABLE 010. LIBRARY WALL BEDS MARKET OVERVIEW (2016-2028)
TABLE 011. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 012. WALL BEDS MARKET BY SIZE
TABLE 013. KING MARKET OVERVIEW (2016-2028)
TABLE 014. QUEEN MARKET OVERVIEW (2016-2028)
TABLE 015. FULL MARKET OVERVIEW (2016-2028)
TABLE 016. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 017. WALL BEDS MARKET BY FUNCTIONING
TABLE 018. MANUAL MARKET OVERVIEW (2016-2028)
TABLE 019. AUTOMATIC MARKET OVERVIEW (2016-2028)
TABLE 020. WALL BEDS MARKET BY APPLICATION
TABLE 021. RESIDENTIAL MARKET OVERVIEW (2016-2028)
TABLE 022. COMMERCIAL MARKET OVERVIEW (2016-2028)
TABLE 023. WALL BEDS MARKET BY SALES CHANNEL
TABLE 024. ONLINE STORES MARKET OVERVIEW (2016-2028)
TABLE 025. FURNITURE RETAIL MARKET OVERVIEW (2016-2028)
TABLE 026. SPECIALTY STORES MARKET OVERVIEW (2016-2028)
TABLE 027. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 028. NORTH AMERICA WALL BEDS MARKET, BY TYPE (2016-2028)
TABLE 029. NORTH AMERICA WALL BEDS MARKET, BY SIZE (2016-2028)
TABLE 030. NORTH AMERICA WALL BEDS MARKET, BY FUNCTIONING (2016-2028)
TABLE 031. NORTH AMERICA WALL BEDS MARKET, BY APPLICATION (2016-2028)
TABLE 032. NORTH AMERICA WALL BEDS MARKET, BY SALES CHANNEL (2016-2028)
TABLE 033. N WALL BEDS MARKET, BY COUNTRY (2016-2028)
TABLE 034. EUROPE WALL BEDS MARKET, BY TYPE (2016-2028)
TABLE 035. EUROPE WALL BEDS MARKET, BY SIZE (2016-2028)
TABLE 036. EUROPE WALL BEDS MARKET, BY FUNCTIONING (2016-2028)
TABLE 037. EUROPE WALL BEDS MARKET, BY APPLICATION (2016-2028)
TABLE 038. EUROPE WALL BEDS MARKET, BY SALES CHANNEL (2016-2028)
TABLE 039. WALL BEDS MARKET, BY COUNTRY (2016-2028)
TABLE 040. ASIA PACIFIC WALL BEDS MARKET, BY TYPE (2016-2028)
TABLE 041. ASIA PACIFIC WALL BEDS MARKET, BY SIZE (2016-2028)
TABLE 042. ASIA PACIFIC WALL BEDS MARKET, BY FUNCTIONING (2016-2028)
TABLE 043. ASIA PACIFIC WALL BEDS MARKET, BY APPLICATION (2016-2028)
TABLE 044. ASIA PACIFIC WALL BEDS MARKET, BY SALES CHANNEL (2016-2028)
TABLE 045. WALL BEDS MARKET, BY COUNTRY (2016-2028)
TABLE 046. MIDDLE EAST & AFRICA WALL BEDS MARKET, BY TYPE (2016-2028)
TABLE 047. MIDDLE EAST & AFRICA WALL BEDS MARKET, BY SIZE (2016-2028)
TABLE 048. MIDDLE EAST & AFRICA WALL BEDS MARKET, BY FUNCTIONING (2016-2028)
TABLE 049. MIDDLE EAST & AFRICA WALL BEDS MARKET, BY APPLICATION (2016-2028)
TABLE 050. MIDDLE EAST & AFRICA WALL BEDS MARKET, BY SALES CHANNEL (2016-2028)
TABLE 051. WALL BEDS MARKET, BY COUNTRY (2016-2028)
TABLE 052. SOUTH AMERICA WALL BEDS MARKET, BY TYPE (2016-2028)
TABLE 053. SOUTH AMERICA WALL BEDS MARKET, BY SIZE (2016-2028)
TABLE 054. SOUTH AMERICA WALL BEDS MARKET, BY FUNCTIONING (2016-2028)
TABLE 055. SOUTH AMERICA WALL BEDS MARKET, BY APPLICATION (2016-2028)
TABLE 056. SOUTH AMERICA WALL BEDS MARKET, BY SALES CHANNEL (2016-2028)
TABLE 057. WALL BEDS MARKET, BY COUNTRY (2016-2028)
TABLE 058. HIDDENBED OF OREGON LLC (US): SNAPSHOT
TABLE 059. HIDDENBED OF OREGON LLC (US): BUSINESS PERFORMANCE
TABLE 060. HIDDENBED OF OREGON LLC (US): PRODUCT PORTFOLIO
TABLE 061. HIDDENBED OF OREGON LLC (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. MURPHY WALL BEDS HARDWARE INC. (US): SNAPSHOT
TABLE 062. MURPHY WALL BEDS HARDWARE INC. (US): BUSINESS PERFORMANCE
TABLE 063. MURPHY WALL BEDS HARDWARE INC. (US): PRODUCT PORTFOLIO
TABLE 064. MURPHY WALL BEDS HARDWARE INC. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. BESTAR INC. (CANADA): SNAPSHOT
TABLE 065. BESTAR INC. (CANADA): BUSINESS PERFORMANCE
TABLE 066. BESTAR INC. (CANADA): PRODUCT PORTFOLIO
TABLE 067. BESTAR INC. (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. SICO INC. (US): SNAPSHOT
TABLE 068. SICO INC. (US): BUSINESS PERFORMANCE
TABLE 069. SICO INC. (US): PRODUCT PORTFOLIO
TABLE 070. SICO INC. (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. THE WALLBED COMPANY (AUSTRALIA): SNAPSHOT
TABLE 071. THE WALLBED COMPANY (AUSTRALIA): BUSINESS PERFORMANCE
TABLE 072. THE WALLBED COMPANY (AUSTRALIA): PRODUCT PORTFOLIO
TABLE 073. THE WALLBED COMPANY (AUSTRALIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. WILDING WALLBEDS (US): SNAPSHOT
TABLE 074. WILDING WALLBEDS (US): BUSINESS PERFORMANCE
TABLE 075. WILDING WALLBEDS (US): PRODUCT PORTFOLIO
TABLE 076. WILDING WALLBEDS (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. INOVABED (US): SNAPSHOT
TABLE 077. INOVABED (US): BUSINESS PERFORMANCE
TABLE 078. INOVABED (US): PRODUCT PORTFOLIO
TABLE 079. INOVABED (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. OLDHAM WOOD (US): SNAPSHOT
TABLE 080. OLDHAM WOOD (US): BUSINESS PERFORMANCE
TABLE 081. OLDHAM WOOD (US): PRODUCT PORTFOLIO
TABLE 082. OLDHAM WOOD (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. SMARTBETT GMBH (GERMANY): SNAPSHOT
TABLE 083. SMARTBETT GMBH (GERMANY): BUSINESS PERFORMANCE
TABLE 084. SMARTBETT GMBH (GERMANY): PRODUCT PORTFOLIO
TABLE 085. SMARTBETT GMBH (GERMANY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. THE BEDDER WAY COMPANY (US): SNAPSHOT
TABLE 086. THE BEDDER WAY COMPANY (US): BUSINESS PERFORMANCE
TABLE 087. THE BEDDER WAY COMPANY (US): PRODUCT PORTFOLIO
TABLE 088. THE BEDDER WAY COMPANY (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. FOSHAN YOUPAI HOME TECHNOLOGY CO. LTD. (CHINA): SNAPSHOT
TABLE 089. FOSHAN YOUPAI HOME TECHNOLOGY CO. LTD. (CHINA): BUSINESS PERFORMANCE
TABLE 090. FOSHAN YOUPAI HOME TECHNOLOGY CO. LTD. (CHINA): PRODUCT PORTFOLIO
TABLE 091. FOSHAN YOUPAI HOME TECHNOLOGY CO. LTD. (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. B.O.F.F. WALL BED (CANADA): SNAPSHOT
TABLE 092. B.O.F.F. WALL BED (CANADA): BUSINESS PERFORMANCE
TABLE 093. B.O.F.F. WALL BED (CANADA): PRODUCT PORTFOLIO
TABLE 094. B.O.F.F. WALL BED (CANADA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. BONBON TRADING LIMITED (UK): SNAPSHOT
TABLE 095. BONBON TRADING LIMITED (UK): BUSINESS PERFORMANCE
TABLE 096. BONBON TRADING LIMITED (UK): PRODUCT PORTFOLIO
TABLE 097. BONBON TRADING LIMITED (UK): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. FLYINGBEDS INTERNATIONAL (US): SNAPSHOT
TABLE 098. FLYINGBEDS INTERNATIONAL (US): BUSINESS PERFORMANCE
TABLE 099. FLYINGBEDS INTERNATIONAL (US): PRODUCT PORTFOLIO
TABLE 100. FLYINGBEDS INTERNATIONAL (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100. CLICKBED PL (POLAND): SNAPSHOT
TABLE 101. CLICKBED PL (POLAND): BUSINESS PERFORMANCE
TABLE 102. CLICKBED PL (POLAND): PRODUCT PORTFOLIO
TABLE 103. CLICKBED PL (POLAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103. GUANGDONG NOVA FURNITURE CO. LIMITED (CHINA): SNAPSHOT
TABLE 104. GUANGDONG NOVA FURNITURE CO. LIMITED (CHINA): BUSINESS PERFORMANCE
TABLE 105. GUANGDONG NOVA FURNITURE CO. LIMITED (CHINA): PRODUCT PORTFOLIO
TABLE 106. GUANGDONG NOVA FURNITURE CO. LIMITED (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 106. FOSHAN COOC FURNITURE CO. LTD. (CHINA): SNAPSHOT
TABLE 107. FOSHAN COOC FURNITURE CO. LTD. (CHINA): BUSINESS PERFORMANCE
TABLE 108. FOSHAN COOC FURNITURE CO. LTD. (CHINA): PRODUCT PORTFOLIO
TABLE 109. FOSHAN COOC FURNITURE CO. LTD. (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 109. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 110. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 111. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 112. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. WALL BEDS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. WALL BEDS MARKET OVERVIEW BY TYPE
FIGURE 012. CABINET BEDS MARKET OVERVIEW (2016-2028)
FIGURE 013. DESK WALL BEDS MARKET OVERVIEW (2016-2028)
FIGURE 014. LIBRARY WALL BEDS MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 016. WALL BEDS MARKET OVERVIEW BY SIZE
FIGURE 017. KING MARKET OVERVIEW (2016-2028)
FIGURE 018. QUEEN MARKET OVERVIEW (2016-2028)
FIGURE 019. FULL MARKET OVERVIEW (2016-2028)
FIGURE 020. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 021. WALL BEDS MARKET OVERVIEW BY FUNCTIONING
FIGURE 022. MANUAL MARKET OVERVIEW (2016-2028)
FIGURE 023. AUTOMATIC MARKET OVERVIEW (2016-2028)
FIGURE 024. WALL BEDS MARKET OVERVIEW BY APPLICATION
FIGURE 025. RESIDENTIAL MARKET OVERVIEW (2016-2028)
FIGURE 026. COMMERCIAL MARKET OVERVIEW (2016-2028)
FIGURE 027. WALL BEDS MARKET OVERVIEW BY SALES CHANNEL
FIGURE 028. ONLINE STORES MARKET OVERVIEW (2016-2028)
FIGURE 029. FURNITURE RETAIL MARKET OVERVIEW (2016-2028)
FIGURE 030. SPECIALTY STORES MARKET OVERVIEW (2016-2028)
FIGURE 031. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 032. NORTH AMERICA WALL BEDS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. EUROPE WALL BEDS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 034. ASIA PACIFIC WALL BEDS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 035. MIDDLE EAST & AFRICA WALL BEDS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 036. SOUTH AMERICA WALL BEDS MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Wall Beds Market research report is 2024-2032.
Hiddenbed of Oregon LLC (US),Murphy Wall Beds Hardware Inc. (US),Bestar Inc. (Canada),SICO Inc. (US),The WallBed Company (Australia),Wilding Wallbeds (US),InovaBed (US),Oldham Wood (US),SMARTBett GmbH (Germany),The Bedder Way Company (US),Foshan Youpai Home Technology Co. Ltd. (China),B.O.F.F. Wall Bed (Canada),Bonbon Trading Limited (UK),FlyingBeds International (US),ClickBed Pl (Poland),Guangdong Nova Furniture Co. Limited (China),Foshan COOC Furniture Co. Ltd. (China),Other Key Players
The Wall Beds Market is segmented into Type , Size, Functioning , Application ,By Sales Channel, and Region. By Type , the market is categorized into Cabinet Beds, Desk Wall Beds, Library Wall Beds, Others. By Size , the market is categorized into King, Queen, Full, Others. By Functioning , the market is categorized into Manual, Automatic. By Application , the market is categorized into Residential, Commercial. By Sales Channel , the market is categorized into Online Stores, Furniture Retail, Specialty Stores, Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Folding beds, or more commonly known as Murphy beds, are innovative furniture designs that are stored on a vertical manner by folding against the walls whenever they are not in use especially in areas where space is most certainly a concern. These beds were developed and patented in the 20th century by William Lawrence Murphy; they are generally attached at one end to the wall or an armoire and can be tilted conveniently for sleeping or raised effortlessly for storage, looking like furniture within the space. Owing to their functionality and capacity for being utilized both for sleeping and as a piece of furniture, wall beds have become a norm for apartments, small homes, and other residences where square footage is of the essence.
Wall Beds Market Size Was Valued at USD 4.97 Billion in 2023, and is Projected to Reach USD 8.26 Billion by 2032, Growing at a CAGR of 5.8% From 2024-2032.