Folding Table Market size is expected to reach $8.92 Billion by 2029, rising at a market growth of 7.81% CAGR during the forecast period
Remote and hybrid work adoption, along with increased demand from educational institutions, drive the Global Folding Table Market in the 2025-2029 forecast period.
TechSci Research's report, "Global Folding
Table Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029," notes that the market was valued at USD 8.92
Billion in 2023 and is projected to grow at a CAGR of 7.81% during 2025-2029.
Folding tables, known for their space-saving versatility, cater to various
settings, including residential, commercial, and institutional spaces. Key
drivers, recent trends, challenges, competitive landscape, and market prospects
are outlined in this overview.
Space efficiency and adaptability are
primary factors propelling the global folding table market. These tables are
valued for their ability to save space when not in use, making them popular in
smaller living spaces. Versatile applications such as dining, working, and
crafting contribute to their appeal.
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The surge in remote and hybrid work,
spurred by COVID-19, drives demand for folding tables in home offices. They
offer flexibility for functional workspaces. In the events industry, folding
tables are vital for gatherings like banquets and weddings, witnessing a
post-pandemic recovery. Educational institutions sustain demand, using folding
tables for exams and seminars.
Outdoor activities see increased use of
folding tables post-pandemic. Manufacturers respond with eco-friendly designs.
Modern folding tables blend functionality with aesthetics, offering
customization and tech features like charging ports. E-commerce gains traction,
providing convenient, contactless shopping experiences.
The market is price-sensitive, prompting
competition among manufacturers. Balancing cost-effectiveness and quality
remains a challenge, especially amidst supply chain disruptions. Meeting
diverse design preferences while adhering to sustainability poses complexities.
In summary, the folding table market adapts
to trends in remote work, events, and sustainability. Wood folding tables gain
popularity for their classic aesthetics and eco-friendliness. Segmented by
material, application, and distribution channel, the market responds to
evolving consumer demands across regions.
Major companies operating in
Global Folding Table Market are:
·
Lifetime Products, Inc.
·
Cosco Home & Office Products
·
Samsonite International S.A.
·
National Public Seating Corporation
·
Meco Corporation
·
Gopak Ltd.
·
KI Furniture
·
Barricks Manufacturing Company
·
Correll, Inc.
·
HON Industries, Inc.
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"Ecommerce expansion is a major trend set to impact growth in the
forecasted period. Remote and hybrid work adoption, along with increased demand
from educational institutions, will drive growth in the Global Folding Table
Market. With a variety of products meeting specific needs and the growing
popularity of online sales, the market is growing impressively. Mr. Karan
Chechi, Research Director at TechSci Research, a consulting firm, highlighted
these points.
The report, "Folding Table Market –
Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By
Material (Plastic, Metal, Wood, Others), By Application (Residential,
Commercial), By Distribution Channel (Offline, Online), By Region, By
Competition, 2019-2029," assesses the future growth potential and
provides market statistics, size, structure, and future growth insights. It
aims to offer cutting-edge market intelligence to aid investment decisions.
Additionally, the report identifies and analyzes emerging trends, drivers,
challenges, and opportunities in the Global Folding Table Market."
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