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 IMARC Group, a leading market research company, has recently releases report titled “ Folding Furniture Market Report by Product Type (Tables and Chairs, Sofas, Beds, and Others), Distribution Channel (Offline, Online), Application (Residential, Commercial), and Region 2024-2032 ”, Offers a comprehensive analysis of the industry, which comprises insights on the global folding furniture market . How Big Is the Folding Furniture Market? The global folding furniture market size reached US$ 4.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032. Factors Affecting the Growth of the Global Folding Furniture Industry: Increasing Urbanization: The rising trend of urbanization and the consequent reduction in living spaces significantly drive the folding furniture market. As more people move to urban areas, they often find themselves in compact living situations where efficient use ...

 According to the latest report by IMARC Group, titled “ Folding Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ,” offers a comprehensive analysis of the industry, which comprises insights on the  global folding furniture market growth . The report also includes competitor and regional analysis, and contemporary advancements in the market. The  global folding furniture market size reached a value of US$ 3.84 Billion in 2021 . Looking forward, IMARC Group expects the market to reach a value of  US$ 5.18 Billion by 2027  exhibiting a  CAGR of 4.60%  during 2022-2027.  Folding furniture is a type of furniture that can be folded into a shape that takes up relatively less space. It is manufactured using wood, steel, plastic, and aluminum and is widely installed in small buildings and rooms for sleeping, storage, and other purposes. It is highly durable, efficient, versatile, lightweight, ergonomic...