Wall Bed Market Definition
The wall bed is know for its ability to get fold up against wall and providing extra space in the area when not in use. It is the kind of functional furniture that can be transformed any room instantly giving sophisticated appearance. The bed can be lowered from its vertical position when required and can be lifted into the vertical position creating enough space in the area.
The market study is broken down by Type (Single Wall Bed and Double Wall Bed), by Application (Residential, Studio Apartments, Lounge and Others) and major geographies with country level splits.
Wilding Wallbeds (United States), Murphy Wall Beds Hardware Inc (Canada), SICO Incorporated (UAE), Homes Casa S.p.a. Group (Italy), FlyingBeds International (United States), The London Wallbed Company (United Kingdom), The Bedder Way Co. (United States), Twin Cities Closet Company (United States), B.O.F.F. Wall Beds (Canada) and Spaceman (Singapore) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Wall Bed market by Type, Application and Region.
On the basis of geography, the market of Wall Bed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Furniture Showroom will boost the Wall Bed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Adult Wall Bed will boost the Wall Bed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Box will boost the Wall Bed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Engineered Wood will boost the Wall Bed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 18th October 2019, Wilding Wallbeds released a new line of Murphy Cabinet Beds. This new line is meant to cater to those looking to save space and money. This furniture line fills a gap for those wanting space-saving furniture, but their space doesn’t quite fit the mold for a traditional Murphy Style bed. As well as a great option for homeowners, this line creates a solution for renters that have restrictions about putting holes in walls and have a need for a free-standing unit. These beds do not require any type of anchoring to a wall and can be placed in almost any room in the house.
- The Emerging Use of Wall Bed for Providing the Designed and Sophisticated Appearance to the House of the Space
- Need for Increased Space in the Small Size House
- Demand for Comfortable and Convenient to Use Beds
- Rising Disposable Income of People in Developed and Developing Countries
- Risk of Safety Associated with Wall Bed
- Expensive Availability of Wall Bed
- Large Number of Players in the Market with Lower Prices
Key Target AudienceWall Bed Manufacturers, Wall Bed International Traders, Wall Bed Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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