The global horeca furniture market was valued at $171.3 billion in 2022, and is projected to reach $263.9 billion by 2032, growing at a CAGR of 4.6% from 2023 to 2032. HoReCa furniture consists of a comprehensive range of furnishings specifically crafted and produced for deployment in hospitality establishments, which includes hotels, restaurants, and cafes. This specialized furniture is engineered using robust and long-lasting materials, engineered to endure the rigors of frequent use and rigorous cleaning protocols. HoReCa furniture is designed to be stylish and comfortable to create an elegant and attractive ambiance for the customers. Different types of HoReCa furniture are available in the market such as tables, chairs, sofas, barstools, counter stools, beds, cabinets, and shelves.
The HoReCa furniture market has witnessed substantial growth, primarily driven by the increase in expansion of the food and beverages industry across the globe. The HoReCa furniture market has witnessed substantial growth propelled by the global expansion of the food and beverages industry. The increase in popularity of quick food services and the rise in disposable income have created a demand for furniture in various establishments, such as hotels, restaurants, cafes, and catering services. This demand for HoReCa furniture is anticipated to continue growing as economies develop in different countries. These establishments heavily rely on a diverse array of furniture, such as tables, chairs, bar stools, booths, and outdoor seating, to craft a welcoming ambiance and atmosphere for their customers and visitors. The emergence of online food delivery services and ghost kitchens has further heightened the need for furniture in operational spaces to facilitate efficient and comfortable food delivery and preparation. Furthermore, the expansion of the food and beverages industry acts as a driving force behind the substantial growth of the HoReCa furniture market, as establishments seek to enhance their offerings and create unforgettable experiences for their customers. As a result, the demand for HoReCa furniture has rapidly gained momentum and is expected to experience significant growth in the years to come.
The shortage of skilled labor in the HoReCa furniture market presents significant obstacles across multiple areas of the business. It hinders production capacity, which gives rise to order delays and missed growth opportunities. Furthermore, the lack of skilled workers can compromise quality control, potentially tarnishing the reputation of companies and negatively impacting customer satisfaction. This scarcity limits the industry's ability to innovate and design furniture that aligns with change in consumer preferences and leads to missed chances for business development. Moreover, the high demand for skilled workers drives up labor costs, potentially squeezing profit margins for market players. The increased expenses associated with the acquisition of skilled labor exacerbate the financial challenges faced by businesses. In addition, the scarcity of skilled labor acts as a barrier to the effective integration and utilization of advanced manufacturing technologies in the industry. Without an adequate workforce capable of operating and leveraging these technologies, the industry may not fully capitalize on their benefits to enhance efficiency, productivity, and overall competitiveness.
The rise in occurrence of global events and exhibitions presents highly lucrative opportunities for furniture manufacturers specializing in products for hotels, restaurants, and cafes. These events generate a substantial increase in demand for lodging and dining, allowing HoReCa establishments to capitalize on the influx of visitors. Meeting the diverse preferences of attendees is crucial, requiring a wide selection of seating styles that can accommodate various needs and enhance overall customer satisfaction. Moreover, participating in these events opens doors to valuable networking and partnership prospects with event organizers, exhibitors, and attendees. This fosters potential business growth and expands market exposure. Major market players distinguish themselves by creating immersive experiences that align with event themes. They achieve this by integrating elements of the event into their furniture designs and offering customization and flexibility. These factors serve as key differentiators in the industry, enabling businesses to stand out among the various competitors in the market. In addition, investing in outdoor seating options and incorporating eco-friendly designs aligns with sustainability trends and acts as an added attraction for event attendees. This strategic approach enhances the appeal of HoReCa establishments and increases the likelihood of customer retention during these events.
The HoReCa furniture market is segmented into product type, material, category, and region. On the basis of product type, the market is segregated into beds, tables/desks, chairs/stools, sofa/couches, and others. As per material, it is divided into wood, metal, plastic, and others. According to category, the market is bifurcated into indoor and outdoor. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Middle East, Saudi Arabia, and rest of LAMEA).
The key players operating in the HoReCa furniture market include Inter IKEA Systems B.V., Kimball International Inc., Thonet GmbH, TON a.s., Emeco, KI, Scab Giardino S.p.a., BK Barrit, Moda Seating Corp, and Grand Rapids Chair Company, Inc.
The HoReCa furniture market has witnessed substantial growth, primarily driven by the increase in expansion of the food and beverages industry across the globe. The HoReCa furniture market has witnessed substantial growth propelled by the global expansion of the food and beverages industry. The increase in popularity of quick food services and the rise in disposable income have created a demand for furniture in various establishments, such as hotels, restaurants, cafes, and catering services. This demand for HoReCa furniture is anticipated to continue growing as economies develop in different countries. These establishments heavily rely on a diverse array of furniture, such as tables, chairs, bar stools, booths, and outdoor seating, to craft a welcoming ambiance and atmosphere for their customers and visitors. The emergence of online food delivery services and ghost kitchens has further heightened the need for furniture in operational spaces to facilitate efficient and comfortable food delivery and preparation. Furthermore, the expansion of the food and beverages industry acts as a driving force behind the substantial growth of the HoReCa furniture market, as establishments seek to enhance their offerings and create unforgettable experiences for their customers. As a result, the demand for HoReCa furniture has rapidly gained momentum and is expected to experience significant growth in the years to come.
The shortage of skilled labor in the HoReCa furniture market presents significant obstacles across multiple areas of the business. It hinders production capacity, which gives rise to order delays and missed growth opportunities. Furthermore, the lack of skilled workers can compromise quality control, potentially tarnishing the reputation of companies and negatively impacting customer satisfaction. This scarcity limits the industry's ability to innovate and design furniture that aligns with change in consumer preferences and leads to missed chances for business development. Moreover, the high demand for skilled workers drives up labor costs, potentially squeezing profit margins for market players. The increased expenses associated with the acquisition of skilled labor exacerbate the financial challenges faced by businesses. In addition, the scarcity of skilled labor acts as a barrier to the effective integration and utilization of advanced manufacturing technologies in the industry. Without an adequate workforce capable of operating and leveraging these technologies, the industry may not fully capitalize on their benefits to enhance efficiency, productivity, and overall competitiveness.
The rise in occurrence of global events and exhibitions presents highly lucrative opportunities for furniture manufacturers specializing in products for hotels, restaurants, and cafes. These events generate a substantial increase in demand for lodging and dining, allowing HoReCa establishments to capitalize on the influx of visitors. Meeting the diverse preferences of attendees is crucial, requiring a wide selection of seating styles that can accommodate various needs and enhance overall customer satisfaction. Moreover, participating in these events opens doors to valuable networking and partnership prospects with event organizers, exhibitors, and attendees. This fosters potential business growth and expands market exposure. Major market players distinguish themselves by creating immersive experiences that align with event themes. They achieve this by integrating elements of the event into their furniture designs and offering customization and flexibility. These factors serve as key differentiators in the industry, enabling businesses to stand out among the various competitors in the market. In addition, investing in outdoor seating options and incorporating eco-friendly designs aligns with sustainability trends and acts as an added attraction for event attendees. This strategic approach enhances the appeal of HoReCa establishments and increases the likelihood of customer retention during these events.
The HoReCa furniture market is segmented into product type, material, category, and region. On the basis of product type, the market is segregated into beds, tables/desks, chairs/stools, sofa/couches, and others. As per material, it is divided into wood, metal, plastic, and others. According to category, the market is bifurcated into indoor and outdoor. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Middle East, Saudi Arabia, and rest of LAMEA).
The key players operating in the HoReCa furniture market include Inter IKEA Systems B.V., Kimball International Inc., Thonet GmbH, TON a.s., Emeco, KI, Scab Giardino S.p.a., BK Barrit, Moda Seating Corp, and Grand Rapids Chair Company, Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the horeca furniture market analysis from 2022 to 2032 to identify the prevailing horeca furniture market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the horeca furniture market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global horeca furniture market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Product Type
- Beds
- Tables/Desks
- Chairs/Stools
- Sofa/Couches
- Others
By Material
- Wood
- Metal
- Plastic
- Others
By End Use
- Indoor
- Outdoor
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- Middle East
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- Grand Rapids Chair Company
- Thonet GmbH
- TON a.s.
- Scab Giardino S.p.a.
- Moda Seating Corp
- BK Barrit
- KI
- Emeco
- Kimball International, Inc.
- Inter IKEA Holding B.V.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: HORECA FURNITURE MARKET, BY PRODUCT TYPE
CHAPTER 5: HORECA FURNITURE MARKET, BY MATERIAL
CHAPTER 6: HORECA FURNITURE MARKET, BY END USE
CHAPTER 7: HORECA FURNITURE MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to this report, the horeca furniture market was valued at $171.3 billion in 2022, and is estimated to reach $263.9 billion by 2032, growing at a CAGR of 4.6% from 2023 to 2032.HoReCa furniture is specifically created and adapted for use in the hospitality business, which includes hotels, restaurants, and cafes. It comprises a wide variety of furniture pieces that are custom-made to satisfy the individual needs and desires of these enterprises. It is built with numerous critical elements in consideration, such as durability, utility, elegance, and comfort. These kinds of furniture are designed to survive heavy use and frequent cleaning as they are intended for business settings where a big number of people may use them on a daily basis. Restaurant chairs, tables, bar stools, lounge seating, hotel room furniture, outdoor furniture for cafés or patios, banquet chairs, and other specialty pieces are some examples of HoReCa furniture.
One of the major factors that drives the demand for HoReCa furniture is the surge in the popularity of restaurants and cafes, which is driven by changes in lifestyle and culture of individuals. HoReCa provides unmatched convenience for individuals, who prefer efficient solutions to their dining and hospitality needs amidst their busy schedules. HoReCa establishments alleviate time constraints by handling meal preparation and clean-up during various occasions and events. These establishments offer spaces for socializing and create memorable experiences for individuals and groups. The expertise and diverse culinary options available at hotels, restaurants, and cafes attract individuals who prefer unique dining experiences throughout the year. These establishments are entrusted with successful management of special occasions & events, finances & accommodation of guests, they ensure seamless & extraordinary experiences. In a fast-paced and competitive business environment, the HoReCa industry influences preferences and lifestyle choices, which has become an integral part of modern living. The ability of industry to fulfill demands for convenience, time efficiency, socialization, expertise, and unique experiences has made it indispensable for individuals who look for high-quality hospitality services. In addition, this has contributed to the robust growth and increased demand for furniture specifically designed for the HoReCa market.
One of the primary challenges faced by the HoReCa furniture market is the significant rise in the prices of raw materials that are used to manufacture the HoReCa furniture. The prices of wood, metal, plastics, and textiles have further contributed to the upward trend in furniture costs within the HoReCa market. In addition, transportation and logistics expenses have surged due to factors such as a rise in fuel costs and changes in shipping regulations. Furthermore, the need to comply with environmental regulations and sustainability standards have compelled furniture manufacturers to adopt additional processes, which have resulted in increased expenditure on raw materials. Moreover, labor costs have surged high due to higher wages and changes in labor legislation in different countries. The alteration of trade policies and the imposition of tariffs have created disruptions in international trade, which have led to increased raw material prices in recent times. These combined factors pose significant challenges for furniture manufacturers in the HoReCa furniture market and may hinder overall market growth in the near future.
The market for hotel, restaurant, and café furniture has experienced significant growth due to an increase in demand for technology-integrated furniture. This trend presents lucrative business prospects for these providers. By incorporating technology features such as built-in charging stations, interactive touch-screen menus, and digital ordering systems, these establishments can enhance the customer experience, promote greater engagement, and improve operational efficiency. The integration of technology into furniture gives these businesses a competitive advantage, allowing them to stand out from competitors and attract customers who appreciate modern amenities. Furthermore, technology-integrated furniture enables valuable data collection for personalized marketing campaigns, effective upselling strategies, and efficient space utilization. In addition, the rise in popularity of technology-integrated furniture provides an opportunity for hotel, restaurant, and café furniture providers to establish themselves as forward-thinking establishments and demonstrate their commitment to environmental sustainability. This aligns with current industry trends and can enhance their brand positioning.
The HoReCa furniture market is segmented on the basis of product type, material, category, and region. On the basis of product type, the market is segregated into beds, tables/desks, chairs/stools, sofa/couches, and others. By material, it is divided into wood, metal, plastic, and others. By category, the market is bifurcated into indoor and outdoor. Region wise, it is analyzed across North America (U. S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Middle East, Saudi Arabia, and rest of LAMEA).
Some of the key players that operate in the HoReCa furniture market analysis include Inter IKEA Systems B. V., Kimball International Inc., Thonet GmbH, TON a. s., Emeco, KI, Scab Giardino S. p.a., BK Barrit, Moda Seating Corp, and Grand Rapids Chair Company, Inc.
According to the market players, the major obstacle faced during the pandemic was the temporary suspension of operations in hotels, restaurants, and cafes all over the world. However, the implementation of vaccine and facemask regulations in specific regions had a notable effect on the footfall of customers at these properties.
Companies Mentioned
- Grand Rapids Chair Company
- Thonet GmbH
- TON a.s.
- Scab Giardino S.p.a.
- Moda Seating Corp
- BK Barrit
- KI
- Emeco
- Kimball International, Inc.
- Inter IKEA Holding B.V.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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