Movable Walls Market to Hit $7.88 Billion by 2029, More than $3 Billion Opportunities in the Next 6 Years – Arizton
According to Arizton’s latest research report, the global movable walls market is growing at a CAGR of 11.96% during 2023-2029. Europe and North America are considered major growth regions for the movable walls market. High demand in exhibition and conference centers is expected to drive market expansion in these areas.
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Report Scope:
Market Size (2029): $7.88 Billion
Market Size (2023): $4 Billion
CAGR (2023-2029): 11.96%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Product, Materials, Operation, Application and Geography
Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa
Movable walls are revolutionizing how offices and co-working spaces manage their layouts, providing the flexibility to accommodate diverse events, work styles, and team sizes. These walls are particularly valuable in environments where frequent reconfiguration of spaces is necessary. By incorporating soundproof materials, movable walls create private and quiet workspaces within larger open areas, addressing the growing need for concentration and focus on co-working settings.
Cost-effectiveness is another key benefit of movable walls. Compared to traditional construction methods, they offer a more economical solution for altering existing spaces or setting up new ones. Their easy installation, reusability, and dismantling capabilities minimize disruptions and reduce overall costs. Additionally, many movable wall systems are designed with sustainability in mind, utilizing recycled materials and contributing to buildings’ energy efficiency through reduced waste and energy consumption.
The rising popularity of co-working spaces and the increasing demand for flexible offices present a substantial opportunity for the movable walls market. As businesses and organizations seek adaptable and efficient space solutions, the market for movable walls is poised for continued expansion.
Key Development:
- In June 2023, Kwik-Wall Company acquires a North American iconic brand of movable walls, HUFCOR’s intellectual property rights, and trademarks.
- In July 2020, dormakaba Group announced its Skyfold movable walls are available with Environmental Product Declarations verified. Skyfold is a brand within dormakaba Group’s Key & Wall Solutions segment, manufacturing vertically folding and acoustic automated movable walls, for example, for flexible offices or hospitality venues worldwide. Skyfold shares its products’ environmental performance to provide specifiers with the resources needed to facilitate green building certification and give them a tool to reflect on their own environmental footprint.
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How Will Clients Benefit from Arizton Research Report?
Our research report on the global movable walls market offers clients valuable insights crucial for making informed decisions and strategizing effectively. The report covers the period from 2024 to 2029 and comprehensively analyzes the current market scenario, including key growth enablers, constraints, and evolving trends. By examining the market’s demand and supply sides, clients gain a holistic understanding of the factors influencing market dynamics.
The report meticulously profiles 30 leading companies in the industry, offering in-depth information on their market strategies, product offerings, competitive positioning, and financial performance. This detailed company analysis allows clients to benchmark against significant players, identify potential partners, and assess competitive threats. Additionally, the report includes profiles of several other prominent companies, providing a broader perspective on the market landscape.
Furthermore, the research tracks information from 18 countries, delivering critical insights into regional market trends, growth opportunities, and regulatory environments. This geographic analysis enables clients to understand regional variations and tailor their strategies to specific markets. Whether clients want to enter new markets, expand their operations, or optimize their existing strategies, our report equips them with the knowledge and tools to make strategic, data-driven decisions.
Key Vendors
- Accordial Ltd
- dormakaba Group
- ENVIRONAMICS
- Faraone
- Fellowes Brands
- Franz Nusing GmbH & Co KG
- HAWORTH INC.
- HNI Corporation
- Hufcor, Inc.
- TRANSWALL
- ABOPART
- Dutco Group of Companies
- DRL Partitions Ltd
- Ecotone Acoustics Pvt. Ltd.
- Espero BV
- GEZE India Pvt Ltd
- IMT Modular Partitions
- IWC Asia Sdn. Bhd.
- Komfort
- Kwik-Wall Company
- LIKO-S
- London Wall Design Ltd
- Malrox
- Moving Designs Limited
- Multiwal BV
- NxtWall LLC
- Parthos
- Style Partitions
- Teilen system walls
- Turkowall
Segmentation & Forecast
Product
- Manual
- Automated
Material
- Glass
- Wood
- Others
Operation
- Sliding
- Folding
- Others
Application
- Corporates
- Hotels
- Hospitals
- Schools & University
- Exhibition & Conference Centers
- Residential
- Others
Geography
North America
- The U.S.
- Canada
Europe
- Germany
- The U.K.
- France
- Italy
- Spain
APAC
- Japan
- China
- India
- Australia
- South Korea
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- Turkey
- South Africa
- Saudi Arabia
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Key Questions Answered in the Report:
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