The high cost of portable beds is one of the major factors acting as a hurdle in the growth of global portable beds market. Portable beds are generally more expensive than regular beds due to additional features like foldability, lightweight design and easy portability. The additional R&D and manufacturing costs required to achieve these features make portable beds significantly pricier.
Additionally, logistical challenges and costly international transportation due to their bulkier nature as compared to regular beds also contributes to their higher pricing. This hinders their affordable accessibility to remote and underdeveloped regions of the world where portable beds can enable efficient use of limited space.
Market Opportunities: Innovation in materials and designs
Innovation in materials and designs present a huge opportunity for growth in the global portable beds market. Portable beds that are lightweight, yet durable enough for outdoor use are becoming increasingly popular. The demand for portable and folding beds is growing rapidly as more people seek furniture that can be easily transported and stored. Advances in materials science have enabled manufacturers to create strong yet lightweight aluminum alloys and high-density polyethylene that allow for portable bed frames that can withstand wear and tear from frequent uses outdoors as well as make the beds easy to transport. New designs with better locking mechanisms for the folding frames are also gaining traction. Beds that can be securely locked in the folded position for carrying and that effortlessly spring open are desirable for hassle-free packing and setup. Designs integrated with air mattresses are another area of innovation. Beds that come pre-filled with an air mattress and equipped with an electrical air pump avoid the need for a separate mattress and manual pumping, saving space and effort. These innovations are making portable beds more user-friendly.
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