The global luxury hotel furniture market is anticipated to grow at a considerable CAGR of 5.7% during the forecast period (2023-2029). Luxury furniture is favorable to opulent living and includes exquisite, customizable, and indulgent elements. Some of the key reasons driving the development of the luxury hotel furnishings market include the expanding real estate industry and the increasing metropolitan population in emerging countries. Furthermore, rising hotel luxury furniture product expenditure has impacted demand for luxury furniture products, which is expected to provide chances for the market during the forecast period.
The expansion of the hospitality and infrastructure industries in emerging countries is also fueling demand for luxury interior and outdoor furnishings from workplaces and hotels. Thus, the global luxury hotel furniture market sees a crucial chance of getting traction and ultimately raises its registration among its target segments, boosting luxury furniture. For instance, in September 2022, Muebles Picó presented new outdoor collections as part of a show in Valencia, the purpose is to intentionally obscure the boundaries between indoors and outdoors by providing smooth, imperceptible transfers to the outdoor living and hotels.
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Market Coverage
- The market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
Segment Covered-
- By Material
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- American Atelier, Bernhardt Furniture, Dickson Furniture, Distinction Group, Dubois Wood Products, Flexsteel Industries, Gotop Furniture Group, Taiyi Hotel Furniture, and others.
Luxury Hotel Furniture Market Report Segment
By Material
- Metal
- Wood
- Plastic
- Glass
- Leathers
- Others
By Distribution Channel
- Online
- Offline
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Luxury Hotel Furniture Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
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