NJ New Jersey, USA -- (SBWIRE) -- 05/05/2023 -- Latest business intelligence report released on Global Hospitality Furniture Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Hospitality Furniture market outlook.

List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
Louis Interiors Inc. (Canada), Bernhardt (United States), Charter Furniture (United States), Buhler Furniture (Canada), Bryan Ashley (United States), DICKSON Furniture (United States), American Atelier Inc. (United States), Dubois Wood (United States), Edgewood Furniture (Canada) and Parla (Turkey)

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Brief Overview on Hospitality Furniture:
Hospitality furniture (also known as commercial furniture) is a type of product that can be found in a hotel, restaurant, or commercial setting in high-traffic areas. Headboards, nightstands, coffee tables, vanities, entertainment units, dining tables, chairs, and so on are examples of this. It is designed to withstand wear and tear because it will be used by many people for an extended period of time and is expected to be more durable and of commercial grade quality to last for a longer period of time. Hotel owners and other hospitality furniture buyers have expressed a strong desire for customized and themed furniture that complements the interiors of the building. The rising demand for customized and themed furniture has created opportunities for new entrants.

Opportunities:
Growing Infrastructure Investment In Residential And Commercial Sector
Increasing Adoption Of Interior Design In Hotel And Restaurants Lead The Demand For Hospitality Furniture

Market Growth Drivers:
Growing Urbanization And Rapid Changing Lifestyle Of People
Rising Inclination Of Customers Towards Modular Furniture

Challenges:
Intense Competition Among Players
Presence Of Cheap Quality Furniture At Low Price In Market

Segmentation of the Global Hospitality Furniture Market:
by Type (Beds & Bed Frames, Wardrobes, Table, Study Desk, Dressing Table, Chair, Desk, Cabinets, Sofa, Others), Application (Bedroom, Lobby, Admin Area, Pantry Area, Dinning & Bar Area, Others), Sales Channel (Direct Sales, Distributors and Dealers), Material (Wood, Steel, Plastic, Glass, Others), End User (Hotels & Restaurants, Cafes, Bars, Recreation Facilities, Theatres, Spa Centers, Others) Players and Region - Global Market Outlook to 2027

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Geographically, the following regions together with the listed national/local markets are fully investigated:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)

Furthermore, the years considered for the study are as follows:
Historical data – 2017-2022
The base year for estimation – 2022
Estimated Year – 2023
Forecast period** – 2023 to 2027 [** unless otherwise stated]

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Summarized Extracts from TOC of Global Hospitality Furniture Market Study
Chapter 1: Exclusive Summary of the Hospitality Furniture market
Chapter 2: Objective of Study and Research Scope the Hospitality Furniture market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source

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