Global Fold down beds Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. Fold down beds are also termed as pull-down bed, wall bed. In the North American region, this bed is termed as Murphy bed. It is hinged at one end to store vertically against the wall, or inside a cabinet or closet. Additionally, these fold down beds are used for space-saving purposes, similar to trundle beds, where floor space is restricted such as small homes, hotels, apartments, college dormitories, and mobile homes. Of late, fold down bed units have consisted of choices such as office components storage cabinets, and lighting.
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The market is categorized based on product type, applications, and geography. Fold down beds Market is categorized based on product types such as Single Wall Bed, Double Wall Bed. Fold down beds industry is categorized based on application into Residential, Commercial. Fold down beds Market is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe).
North America has been at the forefront with regards to Fold down beds Market and will continue to rule the roost in the years to come. Some of the key players that fuel the growth of the Fold down beds Market include Murphy, Sellex The WallBed Company, Mobil Sprint Srl, SICO Inc., Clei UK, Wall Beds Manufacturing, Clever, DECADRAGES, Pol 74, Lagrama, Campeggi, Mistral, Nidi. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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