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from Folding Furniture Market to Surpass US$ 13.88 Billion by 2030: Renub Research Report Reveals Strong
Moreover, the rise of e-commerce platforms facilitates easy access to a broader range of products at competitive prices, including folding furniture. Furthermore, the increasing adoption of remote work and flexible work arrangements is creating a demand for versatile furniture that can serve multiple purposes, with folding furniture being a convenient option for people working from home. The folding furniture market faces a significant restraint due to the limited durability of some products caused by their design and materials, coupled with the perception that folding furniture is generally of lower quality than conventional furniture.
Sofas have sovereignty in the folding furniture market
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Sofas are one of the dominant products in the folding furniture market because they are a common and essential piece of furniture in many households. Additionally, sofas are versatile, and folding sofas can be used as a bed or a seating area, making them an attractive option for people who live in small spaces or frequently have guests staying over. The folding sofa market has also seen innovations in design, such as the development of sofa beds with improved mattress quality and easy-to-use folding mechanisms to help increase consumer interest and demand for folding sofas.