North America Wall Bed Market - Industry Trends and Forecast To 2029
- Published Date: 2022-12-31
- Report ID: 143970
- Pages: 225
-
Format:
Short Description
North America Wall Bed Market, By Operation (Manual and Automatic), Type (Single Bed and Double Bed), Distribution Channel (Online and Offline), End Use (Residential and Non-Residential), Country (U.S., Canada, and Mexico), Industry Trends and Forecast to 2029
Market Definition
Wall beds are used for space-saving purposes and are popular where floor space is limited, such as small homes, apartments, hotels, mobile homes, and college dormitories. In recent years, wall bed units have had options such as lighting, storage cabinets, and office components. Most wall beds do not have box springs. Instead, the mattress usually lies on a platform or mesh and is held in place so as not to sag when in a closed position. The mattress is attached to the bed frame, often with elastic straps to hold the mattress in position when the unit is folded upright.
Since the first model of the wall bed, several other variations and designs have been created, which include sideways-mounted beds, bunk beds, and solutions that include other functions such as office cabinets and lighting options. Wall beds with tables or desks that fold down when the bed is folded up are becoming popular, and there are also models with sofas and shelving solutions.
Market Segmentation
North America wall bed market is segmented into four notable segments based on operation, type, distribution channel, and end use.
On the basis of operation, the market is segmented into automatic and manual
On the basis of type, the market is segmented into a single bed and double bed
On the basis of distribution channel, the market is segmented into online and offline
On the basis of end use, the market is segmented into residential and non-residential
Market Players
Soe of the key players of North America wall bed market are:
SICO Incorporated
Wilding Wallbeds
Wall Beds Manufacturing, Inc.
Zoom Room Inc
B.O.F.F. Wall Beds
Twin Cities Closet Company
Wallbeds n more
Wallbeds & Closets North West
Bestar Modern Home and Office furniture
The Bedder Way Co.
Murphy Wall Beds Hardware Inc.
Modern Furniture and Interior Design
Superior Wall Beds
TABLE OF CONTENTS
1 INTRODUCTION 11
1.1 OBJECTIVES OF THE STUDY 11
1.2 MARKET DEFINITION 11
1.3 OVERVIEW OF NORTH AMERICA WALL BED MARKET 11
1.4 LIMITATION 12
1.5 MARKETS COVERED 12
2 MARKET SEGMENTATION 14
2.1 MARKETS COVERED 14
2.2 GEOGRAPHICAL SCOPE 15
2.3 YEARS CONSIDERED FOR THE STUDY 15
2.4 CURRENCY AND PRICING 15
2.5 DBMR TRIPOD DATA VALIDATION MODEL 16
2.6 TYPE LIFE LINE CURVE 19
2.7 MULTIVARIATE MODELING 20
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 21
2.9 DBMR MARKET POSITION GRID 22
2.10 MARKET END USE COVERAGE GRID 23
2.11 DBMR MARKET CHALLENGE MATRIX 24
2.12 IMPORT-EXPORT DATA 25
2.13 SECONDARY SOURCES 26
2.14 ASSUMPTIONS 27
3 EXECUTIVE SUMMARY 28
4 PREMIUM INSIGHTS 30
4.1 DEMOGRAPHIC ANALYSIS 31
5 MARKET OVERVIEW 32
5.1 DRIVERS 34
5.1.1 RISING POPULATION AND WIDESPREAD CONCEPT OF CO-LIVING 34
5.1.2 GROWING INSTALLATION OF WALL BEDS IN THE HOSPITALITY INDUSTRY 35
5.1.3 INCREASING AWARENESS REGARDING HOME DCOR AND HOME FURNISHING 35
5.1.4 IMPROVED STANDARD OF LIVING COUPLED WITH RISING DISPOSABLE INCOME AND URBANIZATION 36
5.2 RESTRAINTS 38
5.2.1 HIGH COST OF WALL BEDS AS COMPARED TO NORMAL BEDS 38
5.2.2 AVAILABILITY OF MULTIPURPOSE SUBSTITUTES 39
5.3 OPPORTUNITIES 40
5.3.1 GROWING USE IN THE CONSTRUCTION OF STUDIO APARTMENTS 40
5.4 CHALLENGES 41
5.4.1 WALL BEDS ARE NOT SUITABLE FOR PEOPLE WHO ARE RENTING 41
5.4.2 WALL BEDS ARE NOT PORTABLE AND REQUIRE A WALL MOUNTING SYSTEM 42
6 IMPACT OF COVID 19 IMPACT ON THE NORTH AMERICA WALL BED MARKET 43
6.1 ANALYSIS ON IMPACT OF COVID-19 ON THE NORTH AMERICA WALL BED MARKET 43
6.2 AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVE TO BOOST THE GLOBAL PACKAGING PRINITNG MARKET 43
6.3 STRATERGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE 43
6.4 PRICE IMPACT 44
6.5 IMPACT ON DEMAND 44
6.6 IMPACT ON SUPPLY CHAIN 44
6.7 CONCLUSION 45
7 NORTH AMERICA WALL BED MARKET, BY OPERATION 46
7.1 OVERVIEW 47
7.2 AUTOMATIC 48
7.3 MANUAL 48
8 NORTH AMERICA WALL BED MARKET, BY TYPE 49
8.1 OVERVIEW 50
8.2 SINGLE BED 51
8.3 DOUBLE BED 51
9 NORTH AMERICA WALL BED MARKET, BY DISTRIBUTION CHANNEL 52
9.1 OVERVIEW 53
9.2 OFFLINE 54
9.3 ONLINE 54
10 NORTH AMERICA WALL BED MARKET, BY END USE 55
10.1 OVERVIEW 56
10.2 RESIDENTIAL 57
10.2.1 OFFLINE 57
10.2.2 ONLINE 57
10.3 NON-RESIDENTIAL 57
10.3.1 OFFLINE 58
10.3.2 ONLINE 58
11 NORTH AMERICA WALL BED MARKET, BY COUNTRY 59
11.1 U.S. 65
11.2 CANADA 67
11.3 MEXICO 69
12 NORTH AMERICA WALL BED MARKET, COMPANY LANDSCAPE 71
12.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 71
12.2 PARTNERSHIP & ACQUISITION 72
12.3 PRODUCT DEVELOPMENT 72
13 SWOT ANALYSIS 73
14 COMPANY PROFILES 74
14.1 SICO INCORPORATED 74
14.1.1 COMPANY SNAPSHOT 74
14.1.2 PRODUCT PORTFOLIO 74
14.1.3 RECENT UPDATE 74
14.2 WILDING WALLBEDS 75
14.2.1 COMPANY SNAPSHOT 75
14.2.2 PRODUCT PORTFOLIO 75
14.2.3 RECENT UPDATE 76
14.3 WALL BEDS MANUFACTURING, INC. 77
14.3.1 COMPANY SNAPSHOT 77
14.3.2 PRODUCT PORTFOLIO 77
14.3.3 RECENT UPDATES 78
14.4 ZOOM ROOM INC 79
14.4.1 COMPANY SNAPSHOT 79
14.4.2 PRODUCT PORTFOLIO 79
14.4.3 RECENT UPDATE 81
14.5 B.O.F.F. WALL BEDS 82
14.5.1 COMPANY SNAPSHOT 82
14.5.2 PRODUCT PORTFOLIO 82
14.5.3 RECENT UPDATE 82
14.6 BESTAR MODERN HOME AND OFFICE FURNITURE 83
14.6.1 COMPANY SNAPSHOT 83
14.6.2 PRODUCT PORTFOLIO 83
14.6.3 RECENT UPDATES 85
14.7 MODERN FURNITURE AND INTERIOR DESIGN 86
14.7.1 COMPANY SNAPSHOT 86
14.7.2 PRODUCT PORTFOLIO 86
14.7.3 RECENT UPDATE 87
14.8 MURPHY WALL BEDS HARDWARE INC 88
14.8.1 COMPANY SNAPSHOT 88
14.8.2 PRODUCT PORTFOLIO 88
14.8.3 RECENT UPDATE 88
14.9 SUPERIOR WALL BEDS 89
14.9.1 COMPANY SNAPSHOT 89
14.9.2 PRODUCT PORTFOLIO 89
14.9.3 RECENT UPDATE 89
14.10 THE BEDDER WAY CO 90
14.10.1 COMPANY SNAPSHOT 90
14.10.2 PRODUCT PORTFOLIO 90
14.10.3 RECENT UPDATE 91
14.11 TWIN CITIES CLOSET COMPANY 92
14.11.1 COMPANY SNAPSHOT 92
14.11.2 PRODUCT PORTFOLIO 92
14.11.3 RECENT UPDATE 93
14.12 WALLBEDS N MORE 94
14.12.1 COMPANY SNAPSHOT 94
14.12.2 PRODUCT PORTFOLIO 94
14.12.3 RECENT UPDATES 94
14.13 WALLBEDS & CLOSETS NORTH WEST 95
14.13.1 COMPANY SNAPSHOT 95
14.13.2 PRODUCT PORTFOLIO 95
14.13.3 RECENT UPDATES 95
15 QUESTIONNAIRE 96
16 RELATED REPORTS 98
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