PORTABLE BEDS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The portable beds market is estimated to be valued at USD 5.23 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. The portable beds market has been growing steadily over the past few years. As living spaces continue to shrink in urban areas and families opt for compact homes, there is an increasing demand for furniture that can maximize space utilization without compromising on comfort. Portable beds address this need beautifully by offering a convenient sleeping solution that can easily be stored away during the day to free up floor area. More recently, technological advancements have enabled the development of portable beds with advanced features like automatic lift mechanisms and customizable bed heights catering to different needs. The thriving global accommodation rental market and demand for seasonal/temporary housing has further boosted the sales of portable beds.

 Market Dynamics:

The global portable beds market is driven by the rising preference for space-saving furniture among urban populations and growth of the short-term rental market. High penetration of e-commerce and online sales channels has made portable beds accessible to a wider customer base. However, high price points compared to conventional beds remain a key restraint. Meanwhile, ongoing R&D towards developing portable beds with advanced ergonomic features, customizable options and smartphone connectivity presents significant growth opportunities. In addition, rising penetration in hospitality, healthcare and institutional sectors is expected to open new avenues over the coming years.

Key Features of the Study:

• This report provides in-depth analysis of the global portable beds market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global portable beds market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Nilkamal Furniture, Shree Rupnath Enterprises, SEDAC, The Bedder Way Co., Murphy Wall Beds Hardware, Coleman, SICO Inc., Clei,, FlyingBeds International., Jay-Be, Mattison Contract Beds, The London Wallbed Company, Avensis Furniture, Better Bed Company, Godrej Interio, Zeketrolleys , and The Elite Land General Trading
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global portable beds market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global portable beds market

Detailed Segmentation-

• By Product Type:
• • Inflatable Portable Beds
  • Folding Portable Beds
  • Rollaway Portable Beds
  • Others
• By Material:
• • Foam Portable Beds
  • Air Mattress Portable Beds
  • Metal Frame Portable Beds
  • Wooden Frame Portable Beds
• By End-User:
• • Residential
  • Commercial (Hotels, Hospitals, Camps, etc.)
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Nilkamal Furniture
  • Shree Rupnath Enterprises
  • SEDAC
  • The Bedder Way Co.
  • Murphy Wall Beds Hardware
  • Coleman
  • SICO Inc.
  • Clei,
  • FlyingBeds International.
  • Jay-Be
  • Mattison Contract Beds
  • The London Wallbed Company
  • Avensis Furniture
  • Better Bed Company
  • Godrej Interio
  • Zeketrolleys 
  • The Elite Land General Trading