Report Code: A16130 | Pages: NA | Jul 2023 | 993 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Wall Bed Market
Request Now !Wall beds, also known as pull-down or fold-down beds, may be hung horizontally or vertically on the wall. Murphy beds are supported by frames composed of materials such as wood and steel. These beds are becoming increasingly popular as a result of their space-saving function, which allows a bedroom to double as a living area. The growth of the wall bed industry is being fueled by an increase in the use of beds and the purchase of studio flats throughout the world. The increase in the pace of building motels, lodges, and hotels is a deciding element in the market's growth. The ability to change mattresses adds a potential component to home décor. Wall beds may be changed to offer more space, allowing other furniture and furnishings to be used. In the forecasted years, these factors will drive market expansion. With the advent of the COVID-19 pandemic, the demand for wall beds has decreased as consumers had no requirement for wall beds.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years | 2020–2030 |
Base Year Considered | 2020 |
Forecast Period | 2021–2030 |
Forecast Unit | Value (USD) |
Segments Covered | Bed Type, Material, Size, Operation, Application, Distribution Channel, and Region |
Companies Covered | Wilding Wallbeds, Inc., Murphy Wall Beds Hardware Inc., SICO Inc., FlyingBeds International, Inc., The London Wallbed Company, Co., The Bedder Way Co., Bestar Inc, Twin Cities Closet Company, Inc., B.O.F.F. Wall Beds, LLC., and Wall Beds Manufacturing Ltd. |
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Increasing population and decreasing space in households are giving rise to the demand for wall beds
The worldwide wall bed market has been propelled by the rising population and the expanding notion of nuclear households. As the population shifts from rural to urban regions, room sizes shrink, necessitating the use of wall beds. Another reason that boosts the use of wall beds is the rise in studio apartment buildings. Studio apartment dwellers are limited in terms of space and storage. Wall beds make it possible to transform a living area into a bedroom or vice versa. As a result, there is greater room space within a room. Another factor driving up demand for these products is home décor. House furnishing businesses utilize wall beds to create invisible beds in the room. Wall beds come in two sizes: short and wide. Smaller wall beds are favored by youngsters, whereas larger wall beds are chosen by adults.
New Innovation in Product to Flourish the Market
Manufacturers are developing innovative wall beds to attract clients and improve sales. Wall beds with cupboards for additional storage are now popular in the market. Storage cabinets take up an additional area in the room; therefore they're put to the wall bed to free up space. The wall bed's operating system is heavily reliant on technology. In everyday goods, advanced technology is the norm. Technology is also used to operate wall beds. There are automatic wall beds on the market that are controlled by a remote. Wall-mounted controls and Android devices may also be used to control these wall beds. Hydraulic systems assist in the folding and unfolding of automatic wall beds.
Key Benefits of the Report
Questions Answered in the Wall Bed Market Research Report
Wall Bed Market Report Highlights
Aspects | Details |
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By Bed Type |
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By Material |
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By Capacity |
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By Operation |
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By Application |
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By Distribution Channel |
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By Region |
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Key Market Players | The Bedder Way Co.,, Twin Cities Closet Company, Inc.,, Bestar Inc,, FlyingBeds International, Inc.,, B.O.F.F. Wall Beds, LLC.,, Wilding Wallbeds, Inc.,, Wall Beds Manufacturing Ltd., SICO Inc.,, Murphy Wall Beds Hardware Inc.,, The London Wallbed Company, Co., |
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