Global Hotel Furniture Market Growth 2023-2029

Global Hotel Furniture Market Growth 2023-2029

Hotel furniture is a series of moveable object, such as seating (e.g., chairs, stools, tables and sofas) and sleeping (e.g., beds), used in hotel room and public area. Hotel furniture can be a product of design and is considered a form of decorative art. In addition to furniture's functional role, it can serve a symbolic or hotel theme. It is usual made from many materials, including metal, plastic, and wood.

LPI (LP Information)' newest research report, the “Hotel Furniture Industry Forecast” looks at past sales and reviews total world Hotel Furniture sales in 2022, providing a comprehensive analysis by region and market sector of projected Hotel Furniture sales for 2023 through 2029. With Hotel Furniture sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hotel Furniture industry.

This Insight Report provides a comprehensive analysis of the global Hotel Furniture landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hotel Furniture portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hotel Furniture market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hotel Furniture and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hotel Furniture.

The global Hotel Furniture market size is projected to grow from US$ 4251.4 million in 2022 to US$ 5533.9 million in 2029; it is expected to grow at a CAGR of 5533.9 from 2023 to 2029.

The technical barriers of hotel Furniture are relatively low, and the hotel Furniture market concentration degree is dispersed. The manufacturing bases scatter around the United Stated; the key companies in hotel furniture market include Ashley Furniture, Ashley Furniture, Rooms To Go, Global Group, Foliot Furniture, Mattress Firm, Williams-Sonoma, and others.

North America is the largest market, with a sales market share of over 35%. Following North America, Europe is the second place with a sales market share of over 25%.

The classification of Hotel Furniture includes Table and Chairs, Hotel Casegoods and others. The proportion of Table and Chairs is over 60%.

Hotel Furniture is widely used for Business Hotel, Luxury Hotel, and so on. The most proportion of Hotel Furniture used for Business Hotel, and the proportion is over 50%.

This report presents a comprehensive overview, market shares, and growth opportunities of Hotel Furniture market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Table and Chairs

Hotel Beds

Hotel Casegoods

Others

Segmentation by application

Business Hotel

Luxury Hotel

Boutique Hotel

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Kimball Hospitality

Bryan Ashley

Suyen Furniture Group

Taiyi Hotel Furniture

Gotop Furniture Group

Foliot

Solid Comfort

Distinction Group

New Qumun Group

Klem (Jasper Group)

CF Kent

Bernhardt Furniture

American Atelier

JTB Furniture

Dubois Wood Products

Flexsteel Industries

Gilcrest

Dickson Furniture

Blue Leaf

Hospitality Designs

Artone

Hackney

BSG

KECA Internationa

Lugo

Lodging Concepts

Curtis Furniture

Prime Hospitality

Curve Hospitality

Dillon

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hotel Furniture market?

What factors are driving Hotel Furniture market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hotel Furniture market opportunities vary by end market size?

How does Hotel Furniture break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.