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Report Description

Report Description

The global folding furniture market is witnessing robust growth owing to the rising number of millennials living in rental spaces and more focused on finding versatile and compact furniture. Moreover, other factors, such as the rising trend of co-living due to decreasing house size, and the growing availability of these products on online platforms are further contributing to the sales of market growth.

Folding furniture is the type of furniture that can be folded when not in use and does not acquire much room space. For compact places, furniture items such as tables, chairs, and stools that fold up are very useful. As per the data provided by World Bank, the total global population stood at 7.84 billion in 2021 and will grow at a 0.9% annual growth rate. Thus, with the rising population, the size of houses and apartments is declining to provide a home to every citizen.

As per the data provided by RCLCO Real Estate Advisors, in United States, the average square feet for apartments built between 2000 to 2009 was 1,031 whereas from 2015 to 2019 the average square feet of apartments declined to 931. That represents a 9.7% decrease in the typical apartment size. Moreover, based on the ratio of average apartment size to average number of tenants residing in a home across the United States, the average apartment space per person was currently around 540 square feet in 2021.

Increasing Residential Construction is Propelling the Market Expansion

The global folding furniture market is witnessing high demand owing to the rising number of residential constructions across different countries. As per the data provided by Oxford Economics, the global construction market was valued at USD10.7 trillion in 2020 and is expected to reach USD15.2 trillion by 2030. Moreover, the rising government initiatives to provide houses to their citizens are contributing to the expansion of the global folding furniture market. For instance, in 2022, the government of Germany started a new loan scheme to help  low-income groups buy a house. Under this program, families with a household income of up to USD92,781 are eligible to apply for a USD12370.80 subsidy per kid to either build or purchase a home or apartment. Hence, this factor is projected to further boost the market growth.

The Rising Trend of Tiny Homes is Driving the Market Growth

Owing to the rising prices of residential buildings, individuals have started preferring tiny homes, which are not only compact in size but also reduce the expenditure of consumers on house maintenance. Tiny homes are usually under 400 square feet, providing an effective solution to the housing affordability crisis, the harmful environmental effects of development, and the emissions from operating large homes. For instance, it is estimated that more than 10,000 tiny homes and 700 new houses are built every year in the United States. Thus, owing to the smaller size of these houses, consumers are preferring to use folding furniture instead of traditional furniture as it not only efficiently fits in the house, but also saves space for other household essential products.

Increasing Trend of Eco-Friendly Furniture in Fueling the Market Growth

One of the most prominent trends in the market is the increasing emphasis on environmentally friendly foldable furniture. The global environmental issues such as global warming and environmental preservation concerns, etc. are driving the production as well as sales of eco-friendly plant-based items, including furniture. Deforestation and the burning of trees account to around 20% of greenhouse gas emissions. During the forecast period, it is projected that the proliferation of environmental restrictions in regions such as the North America and Europe will promote the usage of eco-friendly furniture.

Moreover, most luxury outdoor furniture firms are using raw materials that are biodegradable, recyclable, or approved by environmental organizations such as the Forest Stewardship Council in their manufacturing processes (FSC). The FSC is a multi-stakeholder organization founded in 1993 with the mission of promoting ethical forest management. Thus, one of the primary trends that is projected to significantly impact the market during the forecast period is the increased emphasis on environmentally friendly foldable furniture.


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Market Segmentation

The global folding furniture market is segmented on the basis of product type, end user and distribution channel, regional distribution and competitive landscape. Based on product type, the market is divided into chairs, tables, sofas, beds. On the basis of end user, the market is divided into residential and commercial. Based on distribution channel, the market is fragmented into direct sales, furniture retail outlets, supermarket & hypermarket, home décor shops and others including distributors and dealers. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Company Profiles

Bush Industries, Inc., Inter IKEA Systems B.V., Murphy Wall Beds Hardware Inc., Ashley Furniture Industries Inc., Kestell Furniture LLC, Murphy Wall Beds Hardware Inc, Lifetime Products Inc., Flexsteel Industries, Inc., Dorel Industries Inc., Haworth Inc. are among the major market players in the global folding furniture market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Product Type

·         End User

·         Distribution Channel

·         Region

Regional Scope

North America, Europe, Asia-Pacific, Middle East & Africa and South America

Country Scope

United States; Canada; Mexico; France; Germany; Spain; Netherlands; United Kingdom; China; India; Japan; Vietnam; South Korea; Indonesia, Saudi Arabia; South Africa; UAE;  Turkey; Brazil; Argentina; Colombia

Key Companies Profiled

Bush Industries, Inc., Inter IKEA Systems B.V., Murphy Wall Beds Hardware Inc., Ashley Furniture Industries Inc., Kestell Furniture LLC, Murphy Wall Beds Hardware Inc, Lifetime Products Inc., Flexsteel Industries, Inc., Dorel Industries Inc., Haworth Inc.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the global folding furniture market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  Global Folding Furniture Market, By Product Type:
    • Chairs
    • Tables
    • Sofas
    • Beds
  • Global Folding Furniture Market, By End User:
    • Residential
    • Commercial
  • Global Folding Furniture Market, By Distribution Channel:
    • Direct Sales
    • Furniture Retail Outlets
    • Supermarket & Hypermarket
    • Home Décor Shops
    • Others
  • Global Folding Furniture Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • Spain
      • Netherlands
      • United Kingdom
    • Asia-Pacific
      • China
      • India
      • Japan
      • Vietnam
      • South Korea
      • Indonesia
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • UAE
      • Turkey
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global folding furniture market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).


Table of content

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary         

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Sample Size Determination

4.2.  Respondent Demographics

4.2.1.     By Gender

4.2.2.     By Age

4.2.3.     By Occupation

4.3.  Brand Awareness

4.4.  Factors Influencing Purchase Decision

4.5.  Customer Satisfaction

5.    Global Folding Furniture Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Product Type Market Share Analysis (Chairs, Tables, Sofas and Beds)

5.2.2.     By End User Market Share Analysis (Residential, Commercial)

5.2.3.     By Distribution Channel Market Share Analysis (Direct Sales, Furniture Retail Outlets, Supermarket & Hypermarket, Home Décor Shops and Others (Distributors, Dealers))

5.2.4.     By Region Market Share Analysis

5.2.4.1.         North America Market Share Analysis

5.2.4.2.         South America Market Share Analysis

5.2.4.3.         Middle East & Africa Market Share Analysis

5.2.4.4.         Europe Market Share Analysis

5.2.4.5.         Asia -Pacific Market Share Analysis

5.2.5.     By Company Market Share Analysis

5.3.  Global Folding Furniture Market Mapping & Opportunity Assessment

5.3.1.     By Product Type Market Mapping & Opportunity Assessment

5.3.2.     By End User Market Mapping & Opportunity Assessment

5.3.3.     By Distribution Channel Market Mapping & Opportunity Assessment

5.3.4.     By Region Market Mapping & Opportunity Assessment

6.    North America Folding Furniture Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Type Market Share Analysis

6.2.2.     By End User Market Share Analysis

6.2.3.     By Distribution Channel Market Share Analysis

6.2.4.     By Country Market Share Analysis

6.2.4.1.         United States Folding Furniture Market Outlook

6.2.4.1.1.             Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.2.             Market Share & Forecast

6.2.4.1.2.1. By Product Type Market Share Analysis

6.2.4.1.2.2. By End User Market Share Analysis

6.2.4.1.2.3. By Distribution Channel Market Share Analysis

6.2.4.2.         Canada Folding Furniture Market Outlook

6.2.4.2.1.             Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.2.             Market Share & Forecast

6.2.4.2.2.1. By Product Type Market Share Analysis

6.2.4.2.2.2. By End User Market Share Analysis

6.2.4.2.2.3. By Distribution Channel Market Share Analysis

6.2.4.3.         Mexico Folding Furniture Market Outlook

6.2.4.3.1.             Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.2.             Market Share & Forecast

6.2.4.3.2.1. By Product Type Market Share Analysis

6.2.4.3.2.2. By End User Market Share Analysis

6.2.4.3.2.3. By Distribution Channel Market Share Analysis

7.    Europe Folding Furniture Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Type Market Share Analysis

7.2.2.     By End User Market Share Analysis

7.2.3.     By Distribution Channel Market Share Analysis

7.2.4.     By Country Market Share Analysis

7.2.4.1.         France Folding Furniture Market Outlook

7.2.4.1.1.             Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.2.             Market Share & Forecast

7.2.4.1.2.1. By Product Type Market Share Analysis

7.2.4.1.2.2. By End User Market Share Analysis

7.2.4.1.2.3. By Distribution Channel Market Share Analysis

7.2.4.2.         Germany Folding Furniture Market Outlook

7.2.4.2.1.             Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.2.             Market Share & Forecast

7.2.4.2.2.1. By Product Type Market Share Analysis

7.2.4.2.2.2. By End User Market Share Analysis

7.2.4.2.2.3. By Distribution Channel Market Share Analysis

7.2.4.3.         Spain Folding Furniture Market Outlook

7.2.4.3.1.             Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.2.             Market Share & Forecast

7.2.4.3.2.1. By Product Type Market Share Analysis

7.2.4.3.2.2. By End User Market Share Analysis

7.2.4.3.2.3. By Distribution Channel Market Share Analysis

7.2.4.4.         Netherlands Folding Furniture Market Outlook

7.2.4.4.1.             Market Size & Forecast

7.2.4.4.1.1. By Value

7.2.4.4.2.             Market Share & Forecast

7.2.4.4.2.1. By Product Type Market Share Analysis

7.2.4.4.2.2. By End User Market Share Analysis

7.2.4.4.2.3. By Distribution Channel Market Share Analysis

7.2.4.5.         United Kingdom Folding Furniture Market Outlook

7.2.4.5.1.             Market Size & Forecast

7.2.4.5.1.1. By Value

7.2.4.5.2.             Market Share & Forecast

7.2.4.5.2.1. By Product Type Market Share Analysis

7.2.4.5.2.2. By End User Market Share Analysis

7.2.4.5.2.3. By Distribution Channel Market Share Analysis

8.    Asia-Pacific Folding Furniture Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product Type Market Share Analysis

8.2.2.     By End User Market Share Analysis

8.2.3.     By Distribution Channel Market Share Analysis

8.2.4.     By Country Market Share Analysis

8.2.4.1.         China Folding Furniture Market Outlook

8.2.4.1.1.             Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2.             Market Share & Forecast

8.2.4.1.2.1. By Product Type Market Share Analysis

8.2.4.1.2.2. By End User Market Share Analysis

8.2.4.1.2.3. By Distribution Channel Market Share Analysis

8.2.4.2.         Japan Folding Furniture Market Outlook

8.2.4.2.1.             Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.2.             Market Share & Forecast

8.2.4.2.2.1. By Product Type Market Share Analysis

8.2.4.2.2.2. By End User Market Share Analysis

8.2.4.2.2.3. By Distribution Channel Market Share Analysis

8.2.4.3.         India Folding Furniture Market Outlook

8.2.4.3.1.             Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.2.             Market Share & Forecast

8.2.4.3.2.1. By Product Type Market Share Analysis

8.2.4.3.2.2. By End User Market Share Analysis

8.2.4.3.2.3. By Distribution Channel Market Share Analysis

8.2.4.4.         Vietnam Folding Furniture Market Outlook

8.2.4.4.1.             Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.2.             Market Share & Forecast

8.2.4.4.2.1. By Product Type Market Share Analysis

8.2.4.4.2.2. By End User Market Share Analysis

8.2.4.4.2.3. By Distribution Channel Market Share Analysis

8.2.4.5.         South Korea Folding Furniture Market Outlook

8.2.4.5.1.             Market Size & Forecast

8.2.4.5.1.1. By Value

8.2.4.5.2.             By Product Type Market Share Analysis

8.2.4.5.3.             By End User Market Share Analysis

8.2.4.5.4.             By Distribution Channel Market Share Analysis

8.2.4.6.         Indonesia Folding Furniture Market Outlook

8.2.4.6.1.             Market Size & Forecast

8.2.4.6.1.1. By Value

8.2.4.6.2.             Market Share & Forecast

8.2.4.6.2.1. By Product Type Market Share Analysis

8.2.4.6.2.2. By End User Market Share Analysis

8.2.4.6.2.3. By Distribution Channel Market Share Analysis

9.    Middle East & Africa Folding Furniture Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product Type Market Share Analysis

9.2.2.     By End User Market Share Analysis

9.2.3.     By Distribution Channel Market Share Analysis

9.2.4.     By Country Market Share Analysis

9.2.4.1.         South Africa Folding Furniture Market Outlook

9.2.4.1.1.             Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.2.             Market Share & Forecast

9.2.4.1.2.1. By Product Type Market Share Analysis

9.2.4.1.2.2. By End User Market Share Analysis

9.2.4.1.2.3. By Distribution Channel Market Share Analysis

9.2.4.2.         Saudi Arabia Folding Furniture Market Outlook

9.2.4.2.1.             Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.2.             Market Share & Forecast

9.2.4.2.2.1. By Product Type Market Share Analysis

9.2.4.2.2.2. By End User Market Share Analysis

9.2.4.2.2.3. By Distribution Channel Market Share Analysis

9.2.4.3.         UAE Folding Furniture Market Outlook

9.2.4.3.1.             Market Size & Forecast

9.2.4.3.1.1. By Value

9.2.4.3.2.             Market Share & Forecast

9.2.4.3.2.1. By Product Type Market Share Analysis

9.2.4.3.2.2. By End User Market Share Analysis

9.2.4.3.2.3. By Distribution Channel Market Share Analysis

9.2.4.4.         Turkey Folding Furniture Market Outlook

9.2.4.4.1.             Market Size & Forecast

9.2.4.4.1.1. By Value

9.2.4.4.2.             Market Share & Forecast

9.2.4.4.2.1. By Product Type Market Share Analysis

9.2.4.4.2.2. By End User Market Share Analysis

9.2.4.4.2.3. By Distribution Channel Market Share Analysis

10.  South America Folding Furniture Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Product Type Market Share Analysis

10.2.2.  By End User Market Share Analysis

10.2.3.  By Distribution Channel Market Share Analysis

10.2.4.  By Country Market Share Analysis

10.2.4.1.      Argentina Folding Furniture Market Outlook

10.2.4.1.1.           Market Size & Forecast

10.2.4.1.1.1.               By Value

10.2.4.1.2.           Market Share & Forecast

10.2.4.1.2.1.               By Product Type Market Share Analysis

10.2.4.1.2.2.               By End User Market Share Analysis

10.2.4.1.2.3.               By Distribution Channel Market Share Analysis

10.2.4.2.      Colombia Folding Furniture Market Outlook

10.2.4.2.1.           Market Size & Forecast

10.2.4.2.1.1.               By Value

10.2.4.2.2.           Market Share & Forecast

10.2.4.2.2.1.               By Product Type Market Share Analysis

10.2.4.2.2.2.               By End User Market Share Analysis

10.2.4.2.2.3.               By Distribution Channel Market Share Analysis

10.2.4.3.      Brazil Folding Furniture Market Outlook

10.2.4.3.1.           Market Size & Forecast

10.2.4.3.1.1.               By Value

10.2.4.3.2.           Market Share & Forecast

10.2.4.3.2.1.               By Product Type Market Share Analysis

10.2.4.3.2.2.               By End User Market Share Analysis

10.2.4.3.2.3.               By Distribution Channel Market Share Analysis

11.  Market Dynamics

11.1.              Drivers

11.1.1.  Shifting Trend Towards Small Sized Apartments

11.1.2.  Growing Demand for Compact and Multi-Functional Furniture

11.1.3.  Rising Construction in Residential Sector

11.2.              Challenges

11.2.1.  High Cost of Raw Material

11.2.2.  Supply Chain Constrains

12.  Impact of COVID-19 on Global Folding Furniture Market

12.1.              Impact Assessment Model       

12.1.1.  Key Segments Impacted

12.1.2.  Key Regions Impacted

12.1.3.  Key Countries Impacted

12.1.4.  Key Distribution Channel Impacted

13.  Market Trends & Developments

13.1.              Rising Demand for Eco-Friendly Products

13.2.              Increasing Trend of Tiny Homes

13.3.              High Demand from Online Channels

13.4.              Increasing Trend of Co-living Among Millennials

13.5.              Growing Demand for Foldable Beds

14.  Porter’s Five Forces Model

14.1.              Competitive Rivalry

14.2.              Bargaining Power of Buyers

14.3.              Bargaining Power of Suppliers

14.4.              Threat of New Entrants

14.5.              Threat of Substitutes

15.  SWOT Analysis

15.1.              Strengths

15.2.              Weaknesses

15.3.              Opportunities

15.4.              Threats

16.  Competitive Landscape

16.1.              Company Profiles

16.1.1.  Bush Industries, Inc.

16.1.1.1.      Company Details

16.1.1.2.      Product & Services

16.1.1.3.      Financials (As Reported)

16.1.1.4.      Key Market Focus & Geographical Presence

16.1.1.5.      Recent Developments

16.1.1.6.      Key Management Personnel

16.1.2.  Inter IKEA Systems B.V.

16.1.2.1.      Company Details

16.1.2.2.      Product & Services

16.1.2.3.      Financials (As Reported)

16.1.2.4.      Key Market Focus & Geographical Presence

16.1.2.5.      Recent Developments

16.1.2.6.      Key Management Personnel

16.1.3.  Murphy Wall Beds Hardware Inc.

16.1.3.1.      Company Details

16.1.3.2.      Product & Services

16.1.3.3.      Financials (As Reported)

16.1.3.4.      Key Market Focus & Geographical Presence

16.1.3.5.      Recent Developments

16.1.3.6.      Key Management Personnel

16.1.4.  Ashley Furniture Industries Inc.

16.1.4.1.      Company Details

16.1.4.2.      Product & Services

16.1.4.3.      Financials (As Reported)

16.1.4.4.      Key Market Focus & Geographical Presence

16.1.4.5.      Recent Developments

16.1.4.6.      Key Management Personnel

16.1.5.  Kestell Furniture LLC

16.1.5.1.      Company Details

16.1.5.2.      Product & Services

16.1.5.3.      Financials (As Reported)

16.1.5.4.      Key Market Focus & Geographical Presence

16.1.5.5.      Recent Developments

16.1.5.6.      Key Management Personnel

16.1.6.  Murphy Wall Beds Hardware Inc.

16.1.6.1.      Company Details

16.1.6.2.      Product & Services

16.1.6.3.      Financials (As Reported)

16.1.6.4.      Key Market Focus & Geographical Presence

16.1.6.5.      Recent Developments

16.1.6.6.      Key Management Personnel

16.1.7.  Lifetime Products Inc.

16.1.7.1.      Company Details

16.1.7.2.      Product & Services

16.1.7.3.      Financials (As Reported)

16.1.7.4.      Key Market Focus & Geographical Presence

16.1.7.5.      Recent Developments

16.1.7.6.      Key Management Personnel

16.1.8.  Flexsteel Industries, Inc.

16.1.8.1.      Company Details

16.1.8.2.      Product & Services

16.1.8.3.      Financials (As Reported)

16.1.8.4.      Key Market Focus & Geographical Presence

16.1.8.5.      Recent Developments

16.1.8.6.      Key Management Personnel

16.1.9.  Dorel Industries Inc.

16.1.9.1.      Company Details

16.1.9.2.      Product & Services

16.1.9.3.      Financials (As Reported)

16.1.9.4.      Key Market Focus & Geographical Presence

16.1.9.5.      Recent Developments

16.1.9.6.      Key Management Personnel

16.1.10.   Haworth Inc.

16.1.10.1.    Company Details

16.1.10.2.    Product & Services

16.1.10.3.    Financials (As Reported)

16.1.10.4.    Key Market Focus & Geographical Presence

16.1.10.5.    Recent Developments

16.1.10.6.    Key Management Personnel

17.  Strategic Recommendations/Action Plan

17.1.              Key Focus Areas

17.2.              Target Regions & Countries

17.3.              Target Product Type

17.4.               Target Distribution Channel

18.   About Us & Disclaimer

 (Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

Frequently asked questions

The global folding furniture market is segmented into chairs, tables, sofas and beds on the basis of product type. The sofa is the major furniture item, since it is used in living rooms. Also, the rising consumer demand for products that occupy less space is anticipated to fuel the segment's demand throughout the forecast period.

The market is divided into residential and commercial based on end users. Owing to the rising number of constructions of residential buildings and government initiatives to provide homes to their citizens is propelling the demand for foldable furniture in different countries. Moreover, the feasible use of foldable furniture in kitchen, living room, bedroom and other areas of the house is propelling the demand for foldable furniture in the residential sector.

The ability to move the foldable furniture from one location to another is one of the major advantages that folding furniture offers. Additionally, multipurpose furniture such as folding beds that can also function as sofas can provides space for other household items.

Bush Industries, Inc., Inter IKEA Systems B.V., Murphy Wall Beds Hardware Inc., Ashley Furniture Industries Inc., Kestell Furniture LLC, Murphy Wall Beds Hardware Inc, Lifetime Products Inc., Flexsteel Industries, Inc., Dorel Industries Inc., Haworth Inc. offer folding furniture globally.

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