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.
In the past few years, the raw material prices were relatively stable, and expected that the hotel furniture raw material price will be stable in the short term. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of hotel furniture. Therefore, to some extent, the companies face the risk of profit decline.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in hotel furniture market will become more intense.
The global Hotel Furniture market is valued at 3960 million US$ in 2018 and will reach 5720 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Hotel Furniture market based on company, product type, end user and key regions.
This report studies the global market size of Hotel Furniture in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Hotel Furniture in these regions.
This research report categorizes the global Hotel Furniture market by top players/brands, region, type and end user. This report also studies the global Hotel Furniture market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Ashley Furniture
Ashley Furniture
Rooms To Go
Foliot Furniture
Mattress Firm
Williams-Sonoma
LE-AL Asia
Hmart Limited
Berkshire Hathaway
Laz Boy
American Signature
Sleep Number
Gelaimei Hotel Furniture
Fulilai Hotel Furniture Co., Ltd
Northland Furniture.
Sleepy's
Buhler Furniture
Mingjia Furniture
JL Furnishings
Telos Furniture
Market size by Product
Wooden Furniture
Leather & Fabric Furniture
Metal Furniture
Other
Market size by End User
Economy Hotel
Extended-Stay Hotel
Full-Service Hotel
Luxury Hotel
Other
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Hotel Furniture market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Hotel Furniture market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Hotel Furniture companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Hotel Furniture submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Hotel Furniture are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hotel Furniture market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Hotel Furniture . Industry analysis & Market Report on Hotel Furniture is a syndicated market report, published as Global Hotel Furniture Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Hotel Furniture market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.