Global Hospitality Furniture Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Wooden Furniture, Leather & Fabric Furniture, Metal Furniture, and Others.

By Application;

Economy Hotel, Extended-Stay Hotel, Full-Service Hotel, Luxury Hotel, and Others.

By Distribution Channel;

Hotels & Restaurants, Public Places, Corporate Offices, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn080413884 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Hospitality Furniture Market (USD Million), 2021 - 2031

In the year 2024, the Global Hospitality Furniture Market was valued at USD 5,039.79 million. The size of this market is expected to increase to USD 6,455.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

The hospitality furniture market stands as a dynamic and thriving industry, serving as a cornerstone for hotels, restaurants, resorts, and various other hospitality venues. Within these spaces, furniture holds a pivotal role, not merely as functional pieces but as essential components in shaping ambiance and comfort, thereby contributing to memorable guest experiences. This market segment emphasizes the fusion of elegance, functionality, and durability, offering a plethora of furniture solutions meticulously crafted to meet the unique demands of the hospitality sector.At its core, hospitality furniture encompasses a diverse array of specialized furnishings tailored explicitly for use within the hospitality industry. From seating options like chairs, sofas, and bar stools to tables including dining and coffee tables, as well as storage units such as cabinets and dressers, every piece is designed with precision to fulfill the distinct requirements of hotels, restaurants, bars, and similar establishments. Accessories like lighting fixtures and decorative elements further accentuate the overall ambiance, adding a touch of sophistication and charm to these spaces.

In recent years, the hospitality furniture market has experienced robust and consistent growth, propelled by the expansion of the global tourism and hospitality sector. With an ever-increasing number of hotels, restaurants, and resorts emerging worldwide, there arises a heightened demand for furniture solutions that not only exude aesthetic appeal but also ensure comfort and practicality. This market responds to such demands by offering a diverse range of options, spanning from timeless, classic designs to sleek and modern styles, thereby catering to the varied tastes and preferences of consumers across the hospitality landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Hospitality Furniture Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Hospitality Industry Expansion
        2. Increase in Travel & Tourism
        3. Renovation & Improvement Projects
        4. Impact of Design & Aesthetics
        5. Emphasis on Guest Comfort & Experience
      2. Restraints
        1. Hospitality Industry Cyclical Nature
        2. Selection of Used or Rented Furniture
        3. Storage & Limited Space Issues
        4. Effects of Online Reservations Platforms
      3. Opportunities
        1. Technology Integration
        2. Sustainability & Environmental Concerns
        3. Personalization & Customization Trends
        4. Demand for Multi-functional Furniture
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hospitality Furniture Market, By Type, 2021 - 2031 (USD Million)
      1. Wooden Furniture
      2. Leather & Fabric Furniture
      3. Metal Furniture
      4. Others
    2. Global Hospitality Furniture Market, By Application, 2021 - 2031 (USD Million)
      1. Economy Hotel
      2. Extended-stay Hotel
      3. Full-service Hotel
      4. Luxury Hotel
      5. Others
    3. Global Hospitality Furniture Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hotels & Restaurants
      2. Public Places
      3. Corporate Offices
      4. Others
    4. Global Hospitality Furniture Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Kimball Hospitality
      2. Bryan Ashley
      3. Suyen Furniture Group
      4. Taiyi Hotel Furniture
      5. Gotop Furniture Group
      6. Foliot
      7. Solid Comfort
      8. Distinction Group
      9. New Qumun Group
      10. Klem (Jasper Group)
      11. CF Kent
      12. Bernhardt Furniture
  7. Analyst Views
  8. Future Outlook of the Market