North America Holds the Leading Market Share in the Global Wall Bed Market During the Forecast Period
Increasing number of studio flats and nuclear households, rising population and growing urbanization are the key factors driving the growth of wall bed market, globally. According to TechSci Research report, “ Wall Bed Market – Global Industry Size, Share, Trends, Competition, Opportunities, and Forecast, 2017-2027F ” The global wall bed market is expected to grow during the forecast period. A wall bed can be folded vertically against a wall or inside a cabinet or closet. It is also referred to as a pull-down bed or fold-down bed. Wall beds are a great option for a guest room, studio, or other multipurpose room. Typically, a wall bed consists of a strong metal frame and a spring mattress. Increasing population is one of the main factors anticipated to drive the global wall bed market growth. Additionally, the development of small-sized homes or commercial spaces, which require the most available space, is influenced by the rising cost of spacious apartments or flats. Some important fac