Global Folding Furniture Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Chairs, Tables, Sofas, Beds, and Others.

By Application;

Residential and Commercial.

By Distribution Channel;

Specialty Stores, Supermarkets/Hypermarkets, Online Channels, and Others.

By End User;

Food Service Industry, and Households.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn224728508 Published Date: May, 2025 Updated Date: June, 2025

Folding Furniture Market Overview

Folding Furniture Market (USD Million)

Folding Furniture Market was valued at USD 14,542.01 million in the year 2024. The size of this market is expected to increase to USD 22,747.04 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.


Global Folding Furniture Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.6 %
Market Size (2024)USD 14,542.01 Million
Market Size (2031)USD 22,747.04 Million
Market ConcentrationMedium
Report Pages385
14,542.01
2024
22,747.04
2031

Major Players

  • IKEA
  • Ashley Furniture Industries Inc
  • Leggett & Platt Inc
  • Dorel Industries Inc
  • Haworth Inc
  • Expand Furniture
  • Murphy Wall Beds Hardware Inc
  • Flexsteel Industries Inc
  • Maxchief Europe
  • Hussey Seating Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Folding Furniture Market

Fragmented - Highly competitive market without dominant players


The Folding Furniture Market is witnessing robust momentum, largely propelled by the shift towards space-efficient and adaptive furnishing solutions. As urban spaces become more constrained, the appeal of foldable, functional furniture continues to rise. An estimated 43% of consumers prioritize modular and collapsible items for practical living and working spaces.

Technology Integration
Technological improvements in design and fabrication are redefining folding furniture dynamics. Around 38% of sales now stem from products that incorporate smart configurations and ergonomic features. These upgrades are aligning well with the consumer desire for both aesthetic value and functional performance.

User Trends
Consumers are steadily embracing products that offer versatility, ease of movement, and storage efficiency. Nearly 47% of buyers are motivated by the ability of folding furniture to adapt to shifting needs, from home offices to guest setups. This shift in preference underscores the product category’s growing relevance in everyday living.

Strategic Outlook
With continued emphasis on portable and sustainable living, the market is gearing up for sustained expansion. Close to 54% of innovation strategies focus on lightweight structures, sustainable resources, and user-focused adaptability. These factors are expected to drive future developments in the folding furniture landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Folding Furniture Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Space-saving design
        2. Urbanization and small living spaces
        3. Portability and convenience
        4. Growing demand for multifunctional furniture
      2. Restraints
        1. Quality and durability concerns
        2. Limited customization options
        3. Price sensitivity among consumers
        4. Competition from traditional furniture
      3. Opportunities
        1. Innovation in materials and designs
        2. Expansion in e-commerce platforms
        3. Increasing focus on sustainability
        4. Emerging markets and untapped segments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Folding Furniture Market, By Type, 2021 - 2031 (USD Million)
      1. Chairs
      2. Tables
      3. Sofas
      4. Beds
      5. Others
    2. Folding Furniture Market, By Application, 2021- 2031 (USD Million)
      1. Residential
      2. Commercial
    3. Folding Furniture Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Specialty Stores
      2. Supermarkets/Hypermarkets
      3. Online Channels
      4. Others
    4. Folding Furniture Market, By End User, 2021 - 2031 (USD Million)

      1. Food Service Industry

      2. Households

    5. Folding Furniture Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. IKEA
      2. Ashley Furniture Industries Inc
      3. Leggett & Platt Inc
      4. Dorel Industries Inc
      5. Haworth Inc
      6. Expand Furniture
      7. Murphy Wall Beds Hardware Inc
      8. Flexsteel Industries Inc
      9. Maxchief Europe
      10. Hussey Seating Company
  7. Analyst Views
  8. Future Outlook of the Market