Market Synopsis of Wall Bed Market
Storage plays very important role in any house and as most of people around world owns only single house, it becomes difficult for them to manage all the items in one place. Home furniture takes lots of space, where a bed can utilize more than 40-50% of the area. The new option is coming in format of Wall Bed. Wall bed is a concept which is becoming more popular these days. According to study, wall bed increases the available area by more than 20% which can be utilized for some other purpose.
- Segmentation by Single Wall bed: 2ft, 2.5ft, 3ft, 3.5ft
- Segmentation by Double Wall bed: 4ft, 5ft, more than 5ft.
- Segmentation by Application: Residential and Non-Residential (Guest Houses, Hospitals, Restaurants among others).
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The key players in the market of Wall Bed are-
- Murphy (U.S.),
- The London Wallbed Company (UK),
- Clei UK (UK),
- Costco Wholesale Corporation (U.S.),
- The WallBed Company (Australia),
- SICO Inc. (U.S.),
- FlyingBeds International (U.S.),
- Wall Beds Manufacturing (U.S.) among others.
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Study Objective of Wall Bed Market
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Wall Bed Market
- To provide insights about factors affecting the market growth
- To analyze the Wall Bed market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
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Currently North America is dominating the market of Wall Bed due to the high disposable income of people. One of major factor which is driving the market is one change in the lifestyle of people where more space is needed in the house. To keep more stuff, people are adopting this new concept as wall bed. Europe stands as second biggest market due to the high migration ration of people from other countries. Asia-Pacific stands as third biggest market where Japan and China are leading. It is expected that Asia-Pacific market will grow during the forecasted period.
The reports also covers brief analysis of Geographical Region includes:
- North America
- Western Europe
- Rest of Western Europe
- Eastern Europe
- South Korea
- Rest of Asia
The Middle East & Africa
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