Global Hotel Furniture Market Research Report 2023(Status and Outlook)
Report Overview
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.
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%.
The Global Hotel Furniture Market Size was estimated at USD 4190.80 million in 2022 and is projected to reach USD 5404.41 million by 2029, exhibiting a CAGR of 3.70% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Hotel Furniture market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Hotel Furniture Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Hotel Furniture market in any manner.
Global Hotel Furniture Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
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
Market Segmentation (by Type)
Table and Chairs
Hotel Beds
Hotel Casegoods
Others
Market Segmentation (by Application)
Large Enterprises
SMEs
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Hotel Furniture Market
Overview of the regional outlook of the Hotel Furniture Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors