Market Overview:
The global wallbeds market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for space-saving furniture and rising disposable income of consumers. In addition, the growing trend of home improvement and renovation is also propelling the growth of this market. Based on type, the global wallbeds market can be segmented into single wall bed, double wall bed, and others. Single wall beds are expected to account for a major share in terms of revenue in 2018 owing to their low price point as compared to other types of beds available in the market. In terms of application, residential segment is projected hold a dominant share in terms revenue contribution throughoutthe forecast period followed by non-residential segments .
Product Definition:
A wallbed, Murphy bed or fold-down bed is a type of bed that is mounted to the wall and folds up into the wall when not in use.
Single Wall Bed:
Single wall bed is a type of bunk bed that has only one rail or post supporting the mattress and headboard at the foot of the bed. The single wall beds can be used by children, teenagers, and adults for sleeping. Single wall beds are also known as single rails or posts because there is only one support rail or post in this kind of bunkbeds.
Double Wall Bed:
The double wall bed is a type of bunk bed that consists of two slabs of wood or metal connected by a horizontal beam. The beds are usually made from steel and can be adjusted to different sizes. They are most commonly used in children's rooms as they can be altered to the appropriate height for kids, but they also have applications in adult rooms where people need extra sleeping space.
Application Insights:
The residential segment accounted for the largest share of over 70.0% in 2017 and is anticipated to maintain its dominance over the forecast period. The rising number of nuclear families in developing countries including India and China on account of increasing employment rate is expected to boost product demand in the region during the forecast period.
Single-walled or single-layer beds are most commonly used for bedrooms as they offer a more convenient sleeping position compared to king or queen beds due to their shorter lengthwise dimension. Single wall bedding sets are available with different headboards such as standard, twin, full/double size along with footboards that consist of standard height and width options suitable for small bedroom spaces at an affordable price point compared to other sets offering similar options.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the regional market can be attributed to increasing construction activities in emerging countries, such as China and India. In addition, rising disposable income levels are anticipated to fuel demand for residential applications in this region. Europe accounted for a significant share of revenue generated by global wallbeds industry on account of growing product adoption across various end-use industries including healthcare, commercial buildings, hotels & restaurants, and education sectors.
The Middle East & Africa is projected to witness substantial growth over the next eight years owing to rapid development taking place across major cities such as Dubai and Abu Dhabi along with other emirates within UAE’s jurisdiction.
Growth Factors:
- Increasing demand for space-saving furniture: The global population is growing at a rapid pace, and with it the demand for housing and other infrastructure. This has led to a rise in the popularity of space-saving furniture such as wallbeds, which can be used to make the most of limited living spaces.
- Rising income levels in developing countries: A large portion of the world’s population is now located in developing countries, where rising income levels are fueling demand for better quality homes and furnishings. Wallbeds are seen as a luxurious item by many consumers, and as such their popularity is increasing rapidly in these regions.
- Advances in technology: Wallbeds have traditionally been seen as bulky pieces of furniture that take up a lot of space when not in use. However, recent advances in technology have allowed manufacturers to create wallbeds that fold away into very small footprints when not needed – making them an ideal choice for smaller homes or apartments.
- . Changing demographics: The traditional image of a home owner who needs lots of storage space no longer holds true for many people today – especially young couples or families without children living at home . These groups are increasingly choosing wallbeds over traditional bedroom sets because they don’t need all that extra storage room .
Scope Of The Report
Report Attributes
Report Details
Report Title
Wallbeds Market Research Report
By Type
Single Wall Bed, Double Wall Bed, Others
By Application
Residential, Non-Residential
By Companies
Wilding Wallbeds, Murphy Wall Beds Hardware, SICO Inc., Clever (Homes Casa), FlyingBeds International, Clei (Lawrance), The London Wallbed Company, The Bedder Way Co., More Space Place, Lagrama, BESTAR inc., Instant Bedrooms, Twin Cities Closet Company, Murphy Bed USA, B.O.F.F. Wall Bed, Wall Beds Manufacturing, Spaceman
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Wallbeds Market Report Segments:
The global Wallbeds market is segmented on the basis of:
Types
Single Wall Bed, Double Wall Bed, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Non-Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wilding Wallbeds
- Murphy Wall Beds Hardware
- SICO Inc.
- Clever (Homes Casa)
- FlyingBeds International
- Clei (Lawrance)
- The London Wallbed Company
- The Bedder Way Co.
- More Space Place
- Lagrama
- BESTAR inc.
- Instant Bedrooms
- Twin Cities Closet Company
- Murphy Bed USA
- B.O.F.F. Wall Bed
- Wall Beds Manufacturing
- Spaceman
Highlights of The Wallbeds Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Wall Bed
- Double Wall Bed
- Others
- By Application:
- Residential
- Non-Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wallbeds Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wallbeds are a type of bed that is typically used in hospitals or other medical facilities. They are made from a series of panels that can be raised and lowered to create an incline for patients to sleep on.
Some of the major players in the wallbeds market are Wilding Wallbeds, Murphy Wall Beds Hardware, SICO Inc., Clever (Homes Casa), FlyingBeds International, Clei (Lawrance), The London Wallbed Company, The Bedder Way Co., More Space Place, Lagrama, BESTAR inc., Instant Bedrooms, Twin Cities Closet Company, Murphy Bed USA, B.O.F.F. Wall Bed, Wall Beds Manufacturing, Spaceman.
The wallbeds market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wallbeds Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wallbeds Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wallbeds Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wallbeds Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wallbeds Market Size & Forecast, 2018-2028
4.5.1 Wallbeds Market Size and Y-o-Y Growth
4.5.2 Wallbeds Market Absolute $ Opportunity
Chapter 5 Global Wallbeds Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wallbeds Market Size Forecast by Type
5.2.1 Single Wall Bed
5.2.2 Double Wall Bed
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wallbeds Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wallbeds Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Non-Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wallbeds Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wallbeds Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wallbeds Analysis and Forecast
9.1 Introduction
9.2 North America Wallbeds Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wallbeds Market Size Forecast by Type
9.6.1 Single Wall Bed
9.6.2 Double Wall Bed
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wallbeds Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Non-Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wallbeds Analysis and Forecast
10.1 Introduction
10.2 Europe Wallbeds Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wallbeds Market Size Forecast by Type
10.6.1 Single Wall Bed
10.6.2 Double Wall Bed
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wallbeds Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Non-Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wallbeds Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wallbeds Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wallbeds Market Size Forecast by Type
11.6.1 Single Wall Bed
11.6.2 Double Wall Bed
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wallbeds Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Non-Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wallbeds Analysis and Forecast
12.1 Introduction
12.2 Latin America Wallbeds Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wallbeds Market Size Forecast by Type
12.6.1 Single Wall Bed
12.6.2 Double Wall Bed
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wallbeds Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Non-Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wallbeds Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wallbeds Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wallbeds Market Size Forecast by Type
13.6.1 Single Wall Bed
13.6.2 Double Wall Bed
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wallbeds Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Non-Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wallbeds Market: Competitive Dashboard
14.2 Global Wallbeds Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wilding Wallbeds
14.3.2 Murphy Wall Beds Hardware
14.3.3 SICO Inc.
14.3.4 Clever (Homes Casa)
14.3.5 FlyingBeds International
14.3.6 Clei (Lawrance)
14.3.7 The London Wallbed Company
14.3.8 The Bedder Way Co.
14.3.9 More Space Place
14.3.10 Lagrama
14.3.11 BESTAR inc.
14.3.12 Instant Bedrooms
14.3.13 Twin Cities Closet Company
14.3.14 Murphy Bed USA
14.3.15 B.O.F.F. Wall Bed
14.3.16 Wall Beds Manufacturing
14.3.17 Spaceman
