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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 4.72 Billion

CAGR (2026-2031)

4.11%

Fastest Growing Segment

Plastic

Largest Market

North America

Market Size (2031)

USD 6.01 Billion

Market Overview

The Global Hospitality Furniture Market will grow from USD 4.72 Billion in 2025 to USD 6.01 Billion by 2031 at a 4.11% CAGR. Hospitality furniture encompasses specialized movable and stationary furnishings manufactured for commercial environments like hotels, restaurants, and resorts, designed to balance aesthetic appeal with the rigorous durability required for high-traffic use. The market is primarily driven by the robust resurgence of global tourism and the subsequent increase in capital expenditure for new property construction and renovation cycles. To support this demand, facility owners are prioritizing investments in physical assets to meet elevated service expectations. According to the American Hotel & Lodging Association, in 2025, nominal hotel guest spending is projected to reach $777.25 billion, signaling a strong revenue trajectory that necessitates consistent facility maintenance and furnishing upgrades.

However, the market faces a significant challenge regarding the tightening of profit margins which may delay refurbishment projects. Escalating operational expenses have recently outpaced revenue growth for many operators, restricting the discretionary capital available for non-essential procurement. This financial pressure forces many hospitality businesses to extend the lifecycle of existing assets rather than committing to immediate replacement cycles, potentially slowing overall market expansion in the short term despite the high consumer demand.

Key Market Drivers

The robust pipeline of hotel construction projects serves as a primary catalyst for the furniture market, creating sustained demand for volume procurement. As developers capitalize on long-term hospitality fundamentals, new properties require comprehensive furnishing solutions ranging from lobby fixtures to guestroom casegoods. This surge spans mid-scale to luxury segments, necessitating diverse furniture specifications to meet brand standards and durability requirements. According to Marriott International, November 2024, in the 'Third Quarter 2024 Earnings', the company's worldwide development pipeline totaled approximately 3,800 properties, representing roughly 585,000 rooms. This extensive volume of developing inventory directly correlates to substantial orders for commercial-grade furniture, as each new room and common area must be fully outfitted prior to opening, ensuring a steady revenue stream for manufacturers.

Simultaneously, the global resurgence in travel activity is compelling operators to accelerate renovation cycles to maintain competitiveness and replace worn assets. High occupancy rates accelerate the depreciation of physical assets, requiring more frequent replacements of soft seating, upholstery, and tables. Furthermore, the evolving preference for experiential travel drives owners to modernize interiors to meet contemporary aesthetic standards. According to UN Tourism, September 2024, in the 'World Tourism Barometer', international tourism recovered to 96% of pre-pandemic levels in the first seven months of 2024, driven by strong demand in Europe and the Asia-Pacific. This influx provides the financial justification for property upgrades. According to the World Travel & Tourism Council, in 2024, the sector's contribution to global GDP was projected to reach an all-time high of $11.1 trillion, signaling the economic stability necessary for stakeholders to approve these capital-intensive furniture investments.

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Key Market Challenges

The tightening of profit margins due to escalating operational expenses represents a critical barrier to growth in the Global Hospitality Furniture Market. When hospitality operators face surging costs for essential overheads such as labor, energy, and general facility upkeep, the discretionary capital typically allocated for aesthetic improvements and furniture procurement is often significantly reduced. This financial strain forces facility owners to defer planned renovation projects and extend the usable life of existing assets rather than committing to immediate replacement cycles. Consequently, manufacturers experience a contraction in new order volumes as hotels and resorts prioritize liquidity and essential operational survival over non-critical capital expenditures, directly stalling market expansion despite healthy occupancy rates.

This fiscal pressure is substantiated by recent financial data illustrating the imbalance between expense acceleration and income generation. According to the American Hotel & Lodging Association, in 2025, specific property-level expenses associated with operations and maintenance rose by nearly 5% throughout 2024, a rate that outpaced revenue growth for many establishments. This data underscores how the erosion of net operating income compels businesses to freeze refurbishment budgets, thereby hampering the demand for new hospitality furnishings.

Key Market Trends

The Adoption of Sustainable and Eco-Friendly Materials is fundamentally reshaping procurement strategies as hospitality operators align physical assets with rigorous environmental, social, and governance (ESG) targets. Manufacturers are increasingly required to supply furnishings with verified low-carbon profiles, utilizing upcycled ocean plastics, FSC-certified woods, and circular design principles to minimize waste. This transition is driven by the industry's urgent need to reduce Scope 3 emissions embedded in the supply chain to attract eco-conscious travelers. According to InterContinental Hotels Group, February 2025, in the 'Responsible Business Report 2024', the company achieved an 11.5% reduction in carbon emissions per available room compared to the 2019 baseline, a metric that directly necessitates the integration of sustainable fixtures to maintain the trajectory toward net-zero goals.

Simultaneously, the Shift Toward Resimercial and Home-Like Aesthetics is driving demand for bespoke, high-personality furniture that replaces standardized institutional designs with residential-style comfort. This trend is particularly evident in the rapidly expanding lifestyle segment, where unique, tactile textures and bold color palettes are essential for creating emotional guest connections and distinct brand identities. Hotel owners are prioritizing these experience-driven interiors as they yield superior financial performance compared to traditional, cookie-cutter formats. According to Accor, February 2025, in the 'Q4 and Full-Year 2024 Results', the Lifestyle division posted an 11% increase in Revenue Per Available Room (RevPAR) compared to the fourth quarter of 2023, confirming the robust market preference for these design-forward, home-inspired environments.

Segmental Insights

The plastic segment currently stands as the fastest-growing category within the global hospitality furniture market. This expansion is primarily driven by the material's superior durability and weather resistance, rendering it highly suitable for high-traffic outdoor and poolside applications in hotels and resorts. Additionally, modern manufacturing techniques enable cost-effective production of versatile designs that meet diverse aesthetic requirements without the high maintenance associated with wood or metal. Consequently, hospitality operators increasingly prefer plastic furnishings to optimize long-term operational expenses while ensuring sustained functionality and visual appeal.

Regional Insights

North America holds a dominant position in the Global Hospitality Furniture Market, supported by a well-established tourism industry and high consumer spending. This leadership is largely fueled by the rigorous refurbishment cycles undertaken by major hotel chains to ensure consistent quality and guest satisfaction. Insights from the American Hotel and Lodging Association regarding steady occupancy rates highlight the persistent need for durable and functional furnishings. Additionally, a substantial pipeline of new hotel construction projects across the United States ensures a continuous requirement for diverse furniture solutions, further solidifying the region's market stability.

Recent Developments

  • In December 2025, Hooker Furnishings Corporation announced a definitive agreement to sell its Pulaski Furniture and Samuel Lawrence Furniture casegoods brands to Magnussen Home Furnishings for approximately $4.8 million. As part of this strategic portfolio realignment, the company retained its Samuel Lawrence Hospitality brand, integrating it into its "All other" business segment to maintain a dedicated focus on the profitable hotel and contract furniture sector. The transaction was designed to streamline operations and reduce fixed costs, including the transfer of significant showroom lease liabilities, while allowing the organization to concentrate on its core growth areas.
  • In September 2025, RH opened its first European design gallery with integrated hospitality concepts, RH Paris, located on the Champs-Élysées. The seven-story location features two restaurants, a champagne and caviar bar, and a rooftop garden, seamlessly blending the company's luxury furniture retail operations with immersive hospitality experiences. This launch marked a significant milestone in the brand's global expansion strategy, aiming to position the company as a leader in both the home and contract furnishings markets by offering curated spaces that serve as physical expressions of its design authority.
  • In June 2025, Andreu World inaugurated a new 20,000-square-foot flagship showroom in Chicago at The MART, coinciding with the NeoCon 2025 trade fair. This expansion reinforced the company's presence in the North American market and served as the venue for launching several sustainable furniture collections, including the Valencia stool by Patricia Urquiola and the Sir modular seating system by Piergiorgio Cazzaniga. The manufacturer received nine Best of NeoCon awards during the event, recognizing its commitment to circular economy principles and innovation in design for hospitality and workplace environments.
  • In April 2024, Bernhardt Hospitality unveiled its latest product designs at the HD Expo + Conference in Las Vegas, targeting the luxury contract market. The company introduced the Coco Fabric Swivel Chair, a curvilinear seating option featuring a plush, podular form and textured bouclé upholstery designed to offer elevated comfort in hotel guestrooms and public areas. Alongside this, the brand launched the Pravo Side Chair, which combines a warm bronzed metal frame with a modern upholstered seat. These new additions were developed to provide interior designers with versatile, high-end furniture solutions that blend residential aesthetics with commercial durability.

Key Market Players

  • Inter IKEA Systems B.V.
  • Steelcase Inc.
  • MillerKnoll, Inc.
  • Kimball International, Inc.
  • Furntech Interiors
  • OFS Brands
  • Zhongshan Gotop Furniture Co., Ltd.
  • Distinction Contracts Ltd.
  • New Qumun Group
  • Bernhardt Furniture Company

By Furniture Type

By Material Type

By Application

By Region

  • Hotel furniture
  • Restaurant furniture
  • Bar furniture
  • Cafe furniture
  • Resort Furniture
  • Wooden
  • Metal
  • Plastic
  • Glass
  • Indoor
  • Outdoor
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Hospitality Furniture Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Hospitality Furniture Market, By Furniture Type:
  • Hotel furniture
  • Restaurant furniture
  • Bar furniture
  • Cafe furniture
  • Resort Furniture
  • Hospitality Furniture Market, By Material Type:
  • Wooden
  • Metal
  • Plastic
  • Glass
  • Hospitality Furniture Market, By Application:
  • Indoor
  • Outdoor
  • Hospitality Furniture Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Hospitality Furniture Market.

Available Customizations:

Global Hospitality Furniture Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Hospitality Furniture Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Hospitality Furniture Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Furniture Type (Hotel furniture, Restaurant furniture, Bar furniture, Cafe furniture, Resort Furniture)

5.2.2.  By Material Type (Wooden, Metal, Plastic, Glass)

5.2.3.  By Application (Indoor, Outdoor)

5.2.4.  By Region

5.2.5.  By Company (2025)

5.3.  Market Map

6.    North America Hospitality Furniture Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Furniture Type

6.2.2.  By Material Type

6.2.3.  By Application

6.2.4.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States Hospitality Furniture Market Outlook

6.3.1.1.  Market Size & Forecast

6.3.1.1.1.  By Value

6.3.1.2.  Market Share & Forecast

6.3.1.2.1.  By Furniture Type

6.3.1.2.2.  By Material Type

6.3.1.2.3.  By Application

6.3.2.    Canada Hospitality Furniture Market Outlook

6.3.2.1.  Market Size & Forecast

6.3.2.1.1.  By Value

6.3.2.2.  Market Share & Forecast

6.3.2.2.1.  By Furniture Type

6.3.2.2.2.  By Material Type

6.3.2.2.3.  By Application

6.3.3.    Mexico Hospitality Furniture Market Outlook

6.3.3.1.  Market Size & Forecast

6.3.3.1.1.  By Value

6.3.3.2.  Market Share & Forecast

6.3.3.2.1.  By Furniture Type

6.3.3.2.2.  By Material Type

6.3.3.2.3.  By Application

7.    Europe Hospitality Furniture Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Furniture Type

7.2.2.  By Material Type

7.2.3.  By Application

7.2.4.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany Hospitality Furniture Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.  By Value

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.  By Furniture Type

7.3.1.2.2.  By Material Type

7.3.1.2.3.  By Application

7.3.2.    France Hospitality Furniture Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.  By Value

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.  By Furniture Type

7.3.2.2.2.  By Material Type

7.3.2.2.3.  By Application

7.3.3.    United Kingdom Hospitality Furniture Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.  By Value

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.  By Furniture Type

7.3.3.2.2.  By Material Type

7.3.3.2.3.  By Application

7.3.4.    Italy Hospitality Furniture Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.  By Value

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.  By Furniture Type

7.3.4.2.2.  By Material Type

7.3.4.2.3.  By Application

7.3.5.    Spain Hospitality Furniture Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.  By Value

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.  By Furniture Type

7.3.5.2.2.  By Material Type

7.3.5.2.3.  By Application

8.    Asia Pacific Hospitality Furniture Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Furniture Type

8.2.2.  By Material Type

8.2.3.  By Application

8.2.4.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China Hospitality Furniture Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.  By Furniture Type

8.3.1.2.2.  By Material Type

8.3.1.2.3.  By Application

8.3.2.    India Hospitality Furniture Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.  By Furniture Type

8.3.2.2.2.  By Material Type

8.3.2.2.3.  By Application

8.3.3.    Japan Hospitality Furniture Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.  By Furniture Type

8.3.3.2.2.  By Material Type

8.3.3.2.3.  By Application

8.3.4.    South Korea Hospitality Furniture Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.  By Value

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.  By Furniture Type

8.3.4.2.2.  By Material Type

8.3.4.2.3.  By Application

8.3.5.    Australia Hospitality Furniture Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.  By Value

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.  By Furniture Type

8.3.5.2.2.  By Material Type

8.3.5.2.3.  By Application

9.    Middle East & Africa Hospitality Furniture Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Furniture Type

9.2.2.  By Material Type

9.2.3.  By Application

9.2.4.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Hospitality Furniture Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.  By Furniture Type

9.3.1.2.2.  By Material Type

9.3.1.2.3.  By Application

9.3.2.    UAE Hospitality Furniture Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.  By Furniture Type

9.3.2.2.2.  By Material Type

9.3.2.2.3.  By Application

9.3.3.    South Africa Hospitality Furniture Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.  By Furniture Type

9.3.3.2.2.  By Material Type

9.3.3.2.3.  By Application

10.    South America Hospitality Furniture Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Furniture Type

10.2.2.  By Material Type

10.2.3.  By Application

10.2.4.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil Hospitality Furniture Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Furniture Type

10.3.1.2.2.  By Material Type

10.3.1.2.3.  By Application

10.3.2.    Colombia Hospitality Furniture Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Furniture Type

10.3.2.2.2.  By Material Type

10.3.2.2.3.  By Application

10.3.3.    Argentina Hospitality Furniture Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Furniture Type

10.3.3.2.2.  By Material Type

10.3.3.2.3.  By Application

11.    Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.    Market Trends & Developments

12.1.  Merger & Acquisition (If Any)

12.2.  Product Launches (If Any)

12.3.  Recent Developments

13.    Global Hospitality Furniture Market: SWOT Analysis

14.    Porter's Five Forces Analysis

14.1.  Competition in the Industry

14.2.  Potential of New Entrants

14.3.  Power of Suppliers

14.4.  Power of Customers

14.5.  Threat of Substitute Products

15.    Competitive Landscape

15.1.  Inter IKEA Systems B.V.

15.1.1.  Business Overview

15.1.2.  Products & Services

15.1.3.  Recent Developments

15.1.4.  Key Personnel

15.1.5.  SWOT Analysis

15.2.  Steelcase Inc.

15.3.  MillerKnoll, Inc.

15.4.  Kimball International, Inc.

15.5.  Furntech Interiors

15.6.  OFS Brands

15.7.  Zhongshan Gotop Furniture Co., Ltd.

15.8.  Distinction Contracts Ltd.

15.9.  New Qumun Group

15.10.  Bernhardt Furniture Company

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Hospitality Furniture Market was estimated to be USD 4.72 Billion in 2025.

North America is the dominating region in the Global Hospitality Furniture Market.

Plastic segment is the fastest growing segment in the Global Hospitality Furniture Market.

The Global Hospitality Furniture Market is expected to grow at 4.11% between 2026 to 2031.

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