Middle East & Africa Folding Furniture Market Size & Outlook
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MEA folding furniture market highlights
- The MEA folding furniture market generated a revenue of USD 123.7 million in 2018.
- The market is expected to grow at a CAGR of 4% from 2019 to 2025.
- In terms of segment, tables & chairs was the largest revenue generating product in 2018.
- Sofa is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2018 | USD 123.7 million |
| Market revenue in 2025 | USD 162.7 million |
| Growth rate | 4% (CAGR from 2018 to 2025) |
| Largest segment | Tables & chairs |
| Fastest growing segment | Sofa |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tables & Chairs, Sofa, Beds |
| Key market players worldwide | Flexsteel Industries Inc, Haworth, Inc., Meco, Dorel Industries Inc Shs -B- Subord.Voting, Murphy Wall Beds Hardware, Ashley Furniture Industries, La-Z-Boy Inc, Leggett & Platt Inc, Sauder Woodworking |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.0% of the global folding furniture market in 2018.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2025.
- North America is the fastest growing regional market and is projected to reach USD 1,429.9 million by 2025.
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Folding Furniture Market Scope
Folding Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sauder Woodworking | View profile | 1001-5000 | Archbold, Ohio, United States, North America | http://www.sauder.com |
| Murphy Wall Beds Hardware | View profile | 11-50 | Surrey, British Columbia, Canada, North America | https://www.murphybeds.com |
| Meco | View profile | 101-250 | Greeneville, Tennessee, United States, North America | https://mecocorp.com/ |
| Flexsteel Industries Inc | View profile | 1700 | 385 Bell Street, Dubuque, IA, United States, 52001-0877 | https://www.flexsteel.com |
| Ashley Furniture Industries | View profile | 10001+ | Arcadia, Wisconsin, United States, North America | https://www.ashleyfurnitureindustriesllc.com |
| Dorel Industries Inc Shs -B- Subord.Voting | View profile | 3900 | 1255 Greene Avenue, Suite 300, Westmount, QC, Canada, H3Z 2A4 | https://www.dorel.com |
| Haworth, Inc. | View profile | 5001-10000 | Holland, Michigan, United States, North America | http://www.haworth.com/ |
| La-Z-Boy Inc | View profile | 10500 | One La-Z-Boy Drive, Monroe, MI, United States, 48162-5138 | https://www.la-z-boy.com |
| Leggett & Platt Inc | View profile | 19300 | No. 1 Leggett Road, Carthage, MO, United States, 64836 | https://www.leggett.com |
Middle East & Africa folding furniture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to folding furniture market will help companies and investors design strategic landscapes.
Tables & chairs was the largest segment with a revenue share of 52.47% in 2018. Horizon Databook has segmented the Middle East & Africa folding furniture market based on tables & chairs, sofa, beds covering the revenue growth of each sub-segment from 2015 to 2025.
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Target buyers of Middle East & Africa folding furniture market databook
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Our clientele includes a mix of folding furniture market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa folding furniture market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa folding furniture market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Folding Furniture Market Share, 2018 & 2025 (US$M)
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