Product Code: ETC371605 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Folding furniture has gained popularity in Thailand due to its space-saving qualities and versatility. This market includes various products like folding tables, chairs, and beds that are suitable for both residential and commercial settings. Thailand urban dwellers, who often face space constraints, find folding furniture solutions to be practical and efficient. Additionally, the hospitality and event industries frequently use folding furniture for its convenience in setup and storage.
The Thailand folding furniture market is influenced by several key drivers. Firstly, the trend towards smaller living spaces, such as condos and apartments, has led to a demand for space-saving furniture solutions, including folding furniture. Consumers seek practical and versatile furniture that can adapt to their limited living areas. Additionally, the hospitality and event industries require portable and easy-to-store furniture options for various occasions, contributing to market growth. Furthermore, the sustainability movement has encouraged the use of eco-friendly materials in folding furniture, attracting environmentally conscious consumers.
In the Thailand folding furniture market, durability and quality assurance are significant concerns. Folding furniture is expected to be versatile and long-lasting, so manufacturers must invest in materials and production processes that meet these expectations.
The Thailand folding furniture market faced a mixed impact due to the COVID-19 pandemic. Initially, the market experienced a decline in sales as people refrained from hosting gatherings and events, reducing the demand for folding tables and chairs. Moreover, with travel restrictions and economic uncertainties, the tourism and hospitality sectors, which are significant users of folding furniture, were heavily affected. However, as the pandemic continued, there was an increased demand for folding furniture for home use. With more people staying at home, there was a growing need for versatile and space-saving furniture solutions. Manufacturers adapted by offering innovative and aesthetically pleasing folding furniture designs suitable for home offices, dining areas, and small living spaces. This shift in consumer behavior and product innovation helped the market recover over time.
In the Thailand folding furniture market, key players have emerged as leaders by offering versatile and space-saving furniture solutions. Brands like FoldMaster, FlexiFurn, and SpaceSaver Furnishings have excelled in providing folding furniture that caters to the evolving lifestyle and housing trends in the country. Their innovative designs and functionality have made them go-to choices for consumers seeking practical and stylish options for small living spaces.