The global Bunk Beds market is expected to burgeon during the forecast period, 2019 to 2029 owing to the growing number of schools and colleges across the developed and developing nations. The pervasive use of bunk beds in living rooms, dorms and hostels emphasizes the significant growth for the Bunk Beds Market in the world. Preferences for different types of bunk beds as per the requirement of the consumer is a crucial driver for the growth of bunk beds market. A bunking bed combines two or more bed frames stacked upon one another to occupy the floor space usually required for one.
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This feature has aided in the surge of bunk beds in most educational institutions and colleges where the number of apprentices are increasing year after year but do not have enough space. Bunk beds are designed specifically according to the size of the room, which will contain the bed including, twin size bed for smaller rooms, twin size ‘XL’ bunk beds for medium to large rooms and queen size bunk beds for large rooms and hall situations. The global bunk beds market is constantly increasing as consumers are being aware of the less space it consumes and other facilities bunk beds provide, such as extra storage of goods and even the ability to make it a recliner chair. Additionally, bunk beds are designed according to a specific group of people who also fuel the expansion of the bunk beds market in the world. Such factors are the reason global bunk beds market to grow tremendously over the forecast period, 2019 to 2029.
Bunk Beds Market Dynamics
The growth of the bunk beds market can be attributed to the rapid utilization of bunk beds in households, educational institutions and military bases. Households invest in bunk beds due to them acquiring less surface area allowing more than two individuals to rest within that same space. Due to the growing foreign investment on education, individuals from all around the world are impeding towards foreign universities allowing them to invest more on bunk beds for hostels and dormitories. Moreover, sleep-away camps and summer camps across several countries also utilize bunk beds to accommodate campers. These factors will eventually develop the global bunk beds market within the forecast period.
However, due to design reasons, accessing the top bed sometimes becomes difficult for children and young adults and becomes claustrophobic to sleep very close to the ceiling. These factors could hurt the growth of bunk beds market.
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North America and Europe are currently the market leader in the bunk beds market and are expected to remain so in the forecast period due to the growing outdoor activities like camping and summer-camp. The Asia Pacific region will amass appropriate share in the bunk beds market with the growing population base and the rising disposable income.
Bunk Beds Market Key Players
Some of the key players in the Bunk Beds market are Sellex S.A, Euromobil SPA, Tumidei, Lagrama SL, ColumbinaCasa, Paidi Kinderwalten, Perludi, Zhixing Furniture, Misreal and Zigflex.
The research report presents a comprehensive assessment of the Bunk Beds market and contains thoughtful insights, facts, historical data and statistically supported and industry validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report of the Bunk Beds market provides analysis and information according to the different market segments such as size, type and end-use.
The Bunk Beds market report is a compilation of first-hand information, qualitative and competitive assessment industry analysts, inputs from industry experts and industry participants across the value chain. The report for Bunk Beds market provides an in depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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