HoReCa Furniture Market to Reach $175.54 Billion, Globally, by 2029 at 4.7% CAGR: TechSci Research
The Global Horeca Furniture Market is propelled by the booming hospitality industry and shifting consumer preferences projected from 2025 to 2029.
As per the TechSci Research
report “Global Horeca
Furniture Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029”, the market reached USD 178.54 Billion in 2023 and is
forecasted to grow at a CAGR of 4.7% during 2025-2029. This market segment,
covering hotels, restaurants, and cafes (Horeca), is vibrant and vital in
shaping the atmosphere and operational efficiency of hospitality venues
worldwide. It is influenced by evolving trends in the hospitality sector,
changing consumer tastes, and a continuous pursuit of innovation and
sustainability.
The increasing demand for
Horeca furniture is closely linked to the global expansion of the hospitality
industry. Economic growth and higher disposable incomes lead to more travel,
tourism, and the establishment of new hotels, restaurants, and cafes. This
growth in Horeca establishments drives the need for visually appealing,
long-lasting, and functional furniture. Whether it's the refined furnishings of
hotel rooms, the chic seating arrangements in restaurants, or the inviting
atmosphere of a cafe, Horeca furniture significantly contributes to creating
memorable experiences for customers.
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The Horeca furniture market is
propelled by shifting consumer tastes, emphasizing unique experiences alongside
quality food and accommodations. Innovative designs cater to contemporary
aesthetics, while sustainability drives demand for eco-friendly materials.
Despite optimism, economic fluctuations and the COVID-19 pandemic pose
challenges, impacting consumer spending and supply chains. Compliance with
stringent standards and adapting to evolving preferences require constant
vigilance. Notable trends include technology integration, sustainability,
customization, indoor-outdoor furniture, and a focus on comfort. In conclusion,
the Global Horeca Furniture Market responds dynamically to hospitality sector
needs and consumer trends. Adapting to challenges like economic uncertainty and
supply disruptions is essential for stakeholders to thrive in this evolving
landscape, shaping environments where people dine, stay, and socialize
globally.
Major companies operating in Global Horeca
Furniture Market are:
- BK Barrit
- Grand Rapids Chair Company
- TON a.s.
- Thonet GmbH
- Kimball International, Inc.
- Scab Giardino S.p.a.
- Inter IKEA Holding B.V.
- KI
- Moda Seating Corp
- Emeco
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"Aesthetic focus in furniture design is projected to drive growth in the
forecast period. The burgeoning hospitality industry and evolving consumer
preferences are poised to positively influence the Global Horeca Furniture
Market. With a diverse range of products tailored to specific needs and the
increasing popularity of online sales channels, the market is experiencing
significant growth throughout the projected period,” stated Mr. Karan Chechi,
Research Director at TechSci Research, a research-based management consulting
firm.
“Horeca Furniture Market –
Global Industry Size, Share, Trends, Opportunity, and Forecast,” segments the
market by type (Beds, Tables/Desks, Chairs/Stools, Sofa/Couches, Others),
material (Wood, Metal, Plastic, Others), and distribution channel (Online, Offline)
across regions. It evaluates the future growth potential of
the Global Horeca Furniture Market, providing insights into market size,
structure, and anticipated growth. Additionally, the report identifies and
analyzes emerging trends, drivers, challenges, and opportunities within the
global Horeca Furniture Market."
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