Global Portable Beds Market Insights Forecasts to 2033

• The Global Portable Beds Market Size was Valued at USD 4.96 Billion in 2023
• The Market Size is Growing at a CAGR of 7.07% from 2023 to 2033
• The Worldwide Portable Beds Market Size is Expected to Reach USD 9.82 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Portable Beds Market Size is Anticipated to Exceed USD 9.82 Billion by 2033, Growing at a CAGR of 7.07% from 2023 to 2033.   

Market Overview

Beds that are lightweight and easily transportable are known as portable beds. They are utilized in locations where big, permanent beds are not feasible. Utilizing these beds has the primary benefit of being portable and compact. Usually, portable beds are constructed from lightweight wood, plastic, or a collapsible metal frame that is covered with nylon, canvas, or linen. The rising demand for portable beds can be attributed to individual reduced living spaces. The growing requirement for distribution through internet merchants and channels is one of the primary factors driving the growth of the portable beds market. Moreover, a rise in emerging products and a growing need for multipurpose portable beds will drive market growth. Customers who desire beds that are easy to transport when traveling have increased their demand for portable beds as a result of rising travel and tourism expenditures.    

Report Coverage

This research report categorizes the portable beds market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the portable beds market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the portable beds market.

Driving Factors

The increasing popularity of renting apartments, the population's fewer living spaces, the growth of internet shopping, and the trend toward more reasonably priced, smaller, multipurpose furniture are all driving factors in the market growth. The market for portable beds is being driven by rising demands for ease of use and small-sized bedroom furnishings. The lightweight and collapsible design of these mattresses allows them to be convenient to store and transport. Some manufacturers have created bookshelves that are easily convertible into beds, coffee tables, and even dining tables. The industry is still growing due to several visually appealing characteristics.  

Restraining Factors

The main thing restricting the growth of the portable beds market is the high cost of these beds. Due to they have extra qualities like foldability, lightweight design, and ease of portability, portable beds are typically more expensive than ordinary beds.   

Market Segmentation

The portable beds market share is classified into type and application.  

• The single bed segment is estimated to hold the largest market revenue share through the projected period.

Based on the type, the portable beds market is classified into single bed, double bed, and others. Among these, the single bed segment is estimated to hold the largest market revenue share through the projected period. Single mattresses and single bed frames are other names for single beds. They differ in terms of form, size, and composition. The most common materials used to build single beds are wood, metal, plastic, and glass.

• The residential segment is anticipated to hold the largest market share through the forecast period.

Based on the application, the portable beds market is divided into residential and commercial. Among these, the residential segment is anticipated to hold the largest market share through the forecast period. The residential segment portable beds are perfect for usage around the house due to they provide great comfort and support for those who sleep on them, especially those who have joint or back pain.

Regional Segment Analysis of the Portable Beds Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the portable beds market over the predicted timeframe.

North America is anticipated to hold the largest share of the portable beds market over the predicted timeframe. North America due to the robust demand from important end-use industries like residential, hotel, and healthcare. The need for portable beds in the healthcare industry in this region is growing due to increased wellness and health awareness. Residential purchasers in the United States and Canada are increasingly purchasing portable beds for use with in-home care requirements and as short-term lodging. The presence of top manufacturers like Winco and Leggett & Platt in the region, North America's reputation has increased even more.  

Asia Pacific is expected to grow at the fastest CAGR growth of the portable beds market during the forecast period. The Asia Pacific region is experiencing a surge due to reasons such as growing middle-class populations, rising disposable incomes, and more investment in the healthcare industry. The regional market is being further stimulated by Chinese manufacturers who are likewise increasing their global footprint. India's hotel business is seeing strong demand, which is being supported by a rapidly expanding tourism sector.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the portable beds market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Baxter
• Resource Furniture
• SEDAC
• The Bedder Way Co.
• Murphy Wall Beds Hardware
• Coleman
• SICO Inc.
• Clei
• FlyingBeds International
• The London Wallbed Company
• Homes Casa
• More Space Place
• Lagrama
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In June 2023, the Progressa+ Next Gen ICU bed was launched by Baxter to assist in meeting complex critical care needs.    
• In May 2023, two cutting-edge wall beds were launched by Resource Furniture, a US-based company recognized for its furniture designs that maximize available space.    

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the portable beds market based on the below-mentioned segments: 

Global Portable Beds Market, By Type

• Single Bed
• Double Bed
• Others

Global Portable Beds Market, By Application

• Residential
• Commercial

Global Portable Beds Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa