Global Folding Table Market Size, Share, Growth Analysis, By Distribution Channel(Online and Offline), By Application(Residential and Commercial) - Industry Forecast 2024-2031

Global Folding Table Market size was valued at USD 8.56 billion in 2022 and is poised to grow from USD 9.17 billion in 2023 to USD 15.87 billion by 2031, growing at a CAGR of 7.10% during the forecast period (2024-2031).

The concept of folding tables becoming more popular, because of the trend toward smaller apartments due to the increasing population. The demand for folding table is very high in the market as the living space in apartments is shrinking. Rapid urbanization and growth in the real estate market are key factors that impact the market. The number of youth who choose rental housing is on the rise. They are more concerned with affordable, multifunctional, and small furniture that fits into an urban lifestyle. These factors are driving the demand for folding tables and chairs in the market. The demand for compact furniture has been rising, so several companies are allowing the introduction of more products such as study tables, plastic folding tables, and round folding tables using plastic, wood, and metal which are expected for the growth of the market. Space-saving furniture is a great solution that solves a variety of issues and easily fits into a particular area. The folding table is becoming increasingly fashionable these days and is one of the most widely adopted pieces of furniture worldwide. Folding tables comes in a variety of price ranges and in various size and shapes.

US Folding Table Market is poised to grow at a sustainable CAGR for the next forecast year.