Global Horeca Furniture Market Overview
The Horeca Furniture Market Size was estimated at 41.01 (USD Billion) in 2022.The Horeca Furniture Industry is expected to grow from 42.41(USD Billion) in 2023 to 57.3 (USD Billion) by 2032. The Horeca Furniture Market CAGR (growth rate) is expected to be around 3.4% during the forecast period (2024 - 2032).
Key Horeca Furniture Market Trends Highlighted
One of the most prominent trends in the Horeca furniture market is the growing demand for sustainable and eco-friendly products. Consumers are increasingly seeking furniture that is made from recycled or renewable materials, and that meets environmental standards. This trend is driven by a growing awareness of the impact of climate change, and by regulations in many countries that promote sustainability.Another key trend is the increasing use of technology in Horeca furniture. Furniture manufacturers are incorporating features such as touchscreens, Bluetooth connectivity, and wireless charging into their products. This trend is driven by the growing popularity of mobile devices, and by the desire of consumers to have access to more convenient and integrated experiences.Finally, the Horeca furniture market is also seeing a trend towards customization. Consumers are increasingly seeking furniture that is unique and reflects their individual style. This trend is driven by the growing popularity of online retailers, which offer a wide range of customizable products. Additionally, the rise of 3D printing technology is making it easier for manufacturers to produce customized furniture at scale.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Horeca Furniture Market Drivers
Rising Demand for Horeca Furniture in the Hospitality Industry
The hospitality industry is a major driver of the Horeca furniture market. The increasing number of hotels, restaurants, and cafes around the world is creating a strong demand for Horeca furniture. Hotels, in particular, are investing heavily in upgrading their furniture to provide guests with a more comfortable and luxurious experience. The growing popularity of boutique hotels and themed restaurants is also contributing to the demand for unique and stylish Horeca furniture.The Horeca Furniture Market Industry is expected to grow significantly in the coming years, driven by the rising demand for Horeca furniture in the hospitality industry.
Increasing Urbanization and Changing Lifestyles
The increasing urbanization and changing lifestyles of people around the world are also driving the demand for Horeca furniture. As more and more people move to urban areas, they are opting for smaller living spaces. This is leading to a growing demand for compact and multifunctional Horeca furniture that can be used in both indoor and outdoor spaces. Additionally, the changing lifestyles of people are leading to a greater demand for comfortable and stylish Horeca furniture that can be used for both work and leisure.
Technological Advancements in Horeca Furniture
The Horeca furniture market is also being driven by technological advancements. The use of new materials and technologies is leading to the development of more durable, comfortable, and stylish Horeca furniture. For example, the use of synthetic materials is making Horeca furniture more resistant to wear and tear, while the use of ergonomic design is making Horeca furniture more comfortable to use. Additionally, the use of smart technology is making Horeca furniture more functional and convenient.
Horeca Furniture Market Segment Insights:
Horeca Furniture Market Material Insights
The Horeca Furniture Market “segmentation by Material comprises wood, metal, plastic, leather, and fabric. The largest market share in 2023 belonged to the wood and it is expected to be the market leader throughout the analyzed period. One of the reasons for wood’s popularity in horeca furniture is its durability and versatility. It is the main material in the production of chairs, tables, and cabinets. Metal is also one of the most widely used materials in the horeca furniture segment, especially in restaurants and in the commercial use of horeca facilities.Metal furniture is strong, durable, and easy to maintain. Tables, chairs, and bar stools are mostly made of metal. The metal furniture segment is also expected to grow rapidly due to increased demand for durable furniture that lasts long, especially in the horeca sector. Plastic is another light material for horeca furniture that is growing in popularity. Plastic tables and chairs are commonly used in outdoor environments such as patios and terraces. They are designed to withstand weather-related deterioration. Plastics are also used in the production of bar stools.Plastic’s growth rate will be relatively stable throughout the analyzed period. Leather is a valuable material used in great hotels, restaurants, and bars furniture. Although it is not common, it is a strong and long-lasting material for horeca furniture. Leather chairs and sofas are used in hotels and it is growing at a moderate pace with regards to other segments. Fabric is used to cover chairs and sofas in the horeca environment. It offers a wide selection of colors and prints. Fabric furniture is relatively easy to maintain and has a stable growth rate throughout 2015-2023.In summary, sales in Horeca Furniture Market are growing due to increased demand in the hospitality industry. The market segmentation by Material shows trends in which materials are popular or growing and can be valuable to tailor the materials of the production to tick with customer’s preferences.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Horeca Furniture Market Type Insights
It is expected that the Type segment of the Horeca Furniture Market is going to demonstrate the most significant growth over the forecast period. In 2023, the Seating sub-segment will boast the world’s largest share and be estimated at 15.61 billion USD. The aforementioned market growth will be the result of the growing demand for comfortable and elegant seating options in the hotels, restaurants, and cafes. By 2032, the Tables sub-segment will grow at a rapid pace and reach the value of 10.23 billion USD. The Outdoor Furniture, Bar Furniture, and Serving Carts sub-segments will experience growth as well and cater to the rising needs of a robust hospitality industry, as well as the growing popularity of outdoor dining and entertainment spaces.
Horeca Furniture Market Style Insights
The style segment plays a crucial role in shaping the Horeca Furniture Market landscape. Modern style, characterized by clean lines, simple forms, and neutral colors, holds a significant market share due to its adaptability to various hospitality settings. Traditional style, inspired by classic designs, evokes a sense of elegance and sophistication, catering to establishments seeking a timeless aesthetic. Rustic style, with its emphasis on natural materials and distressed finishes, appeals to venues seeking a cozy and inviting ambiance. Industrial style, influenced by urban aesthetics, features metallic accents, exposed brickwork, and vintage elements, creating a unique and edgy atmosphere.Minimalist style, with its focus on simplicity and functionality, is gaining popularity in modern hospitality settings, offering a sleek and space-efficient solution. These styles collectively contribute to the diverse market segmentation, catering to the evolving preferences and design concepts within the Horeca furniture industry.
Horeca Furniture Market Functionality Insights
The Functionality segment in the Horeca Furniture Market offers a diverse range of furniture options tailored to specific requirements. Stackable furniture, with its ability to optimize space, accounted for a significant market share in 2023. Foldable furniture, known for its portability and convenience, is projected to witness substantial growth in the coming years. Adjustable furniture, providing customizable comfort, is also gaining popularity. Illuminated furniture, adding aesthetic appeal and ambiance, holds a niche in the market. Ergonomic furniture, designed to promote well-being and reduce strain, is expected to drive growth in the healthcare and hospitality sectors.
Horeca Furniture Market Application Insights
The Horeca Furniture Market segmentation by Application includes Restaurants, Hotels, Cafes, Bars, and Nightclubs. Among these segments, Restaurants held the largest market share in 2023, accounting for over 40% of the Horeca Furniture Market revenue. The growth of the restaurant industry, particularly in emerging economies, is driving the demand for Horeca furniture in restaurants. Hotels are another major segment, with a market share of around 30% in 2023. The increasing number of hotel projects, especially in the luxury segment, is contributing to the growth of the Horeca furniture market in this segment.Cafes, Bars, and Nightclubs together accounted for a market share of around 30% in 2023. The growing popularity of these establishments, particularly in urban areas, is driving the demand for Horeca furniture in these segments.
Horeca Furniture Market Regional Insights
The regional segmentation of the Horeca Furniture Market offers insights into the market's performance across different geographic regions. North America held the largest market share in 2023, accounting for 35% of the global revenue. This dominance can be attributed to the presence of a large hospitality industry, high disposable income, and a growing demand for high-quality furniture. Europe followed closely with a market share of 30%, driven by the presence of well-established hospitality and tourism sectors. APAC is expected to witness significant growth over the forecast period, owing to the rapidly expanding hospitality industry and increasing consumer spending.South America and MEA are also expected to contribute to the overall market growth, with the rising number of hotels and restaurants in these regions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Horeca Furniture Market Key Players And Competitive Insights:
Industry leaders in Horeca Furniture Market industry are trying to gain a competitive edge and are frequently making heavy R investments, expanding their product portfolio, and forming strategic partnerships with other companies. The leading players in the Horeca Furniture Market are focusing on developing innovative products, which would cater to the constantly changing customer needs and the changing market demand. Additionally, most companies are increasing their distribution reach and forming partnerships with various companies to be able to access new technologies or to enter new markets. The Horeca Furniture Market Competitive Landscape is expected to see more traction in the future, with the leading players focusing on purchasing smaller companies to increase their company’s size and benefit from the increased market share. One of the largest Horeca Furniture Market shareholding companies in the Horeca Furniture Market is Martela. The company is offering a variety of Horeca furniture, including chairs, tables, bar stools, and sofas. The company offers high-quality, extremely durable products, which have gained traction especially in Europe and North America. Martela is focused on sustainability and uses eco-friendly materials in its products. Another leading player offering Horeca Furniture is Jofran. The company offers a wide range of Horeca furniture, including chairs, tables, bar stools, and sofas. Jofran is also known for its stylish product design and usability, and most of the products manufactured by Jofran are not very expensive. The company has a strong presence in North and Latin America. Jofran is focused on customer satisfaction and offers a variety of services, including design services and product installation as well.
Key Companies in the Horeca Furniture Market Include:
- Eurosedia
- ATNOCO
- KI
- Herman Miller
- Interstuhl
- Krueger International
- Pedrali
- Casala
- Marcatre
- Haworth
- Vitra
- Nardi
- Cantarutti
- Emeco
- La Palma
Horeca Furniture Market Industry Developments
The Horeca Furniture Market size is expected to reach USD 57.3 billion by 2032, exhibiting a CAGR of 3.4% during the forecast period. Increasing urbanization, rising disposable income, and growing demand for comfortable and stylish furniture in hotels, restaurants, and cafes are key factors driving market growth. Technological advancements, such as the integration of smart features and sustainable materials, are further fueling market expansion. Strategic collaborations and acquisitions among industry players are shaping the competitive landscape, with a focus on expanding product portfolios and enhancing market presence.
Horeca Furniture Market Segmentation Insights
- Horeca Furniture Market Material Outlook
- Wood
- Metal
- Plastic
- Leather
- Fabric
- Horeca Furniture Market Type Outlook
- Seating (Chairs, Bar Stools)
- Tables
- Outdoor Furniture
- Bar Furniture
- Serving Carts
- Horeca Furniture Market Style Outlook
- Modern
- Traditional
- Rustic
- Industrial
- Minimalist
- Horeca Furniture Market Functionality Outlook
- Stackable
- Foldable
- Adjustable
- Illuminated
- Ergonomic
- Horeca Furniture Market Application Outlook
- Restaurants
- Hotels
- Cafes
- Bars
- Nightclubs
- Horeca Furniture Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
41.01(USD Billion) |
| Market Size 2023 |
42.41(USD Billion) |
| Market Size 2032 |
57.3(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
3.4% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Eurosedia ,ATNOCO ,KI ,Herman Miller ,Interstuhl ,Krueger International ,Pedrali ,Casala ,Marcatre ,Haworth ,Vitra ,Nardi ,Cantarutti ,Emeco ,La Palma |
| Segments Covered |
Material ,Type ,Style ,Functionality ,Application ,Regional |
| Key Market Opportunities |
Growing tourism rising disposable income increasing urbanization demand for comfortable outdoor furniture and ecofriendly initiatives |
| Key Market Dynamics |
Rising urbanization growing disposable income increasing demand for luxury dining experiences advancements in technology and growing popularity of outdoor dining |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Horeca Furniture Market size was valued at USD 42.41 billion in 2023 and is projected to grow at a CAGR of 3.4% to reach USD 57.3 billion by 2032.
The Asia-Pacific region is expected to witness the fastest growth during the forecast period due to increasing urbanization, rising disposable income, and growing hospitality and tourism industries.
The restaurant segment is expected to hold the largest market share in the Horeca Furniture Market due to the increasing number of restaurants and cafes worldwide.
Some of the key competitors in the Horeca Furniture Market include Herman Miller, Knoll, Inc., Haworth, Inc., Steelcase, and Vitra.
The major factors driving the growth of the Horeca Furniture Market include rising disposable income, increasing urbanization, growing hospitality and tourism industries, and technological advancements.
The major challenges faced by the Horeca Furniture Market include intense competition, fluctuating raw material prices, and economic downturns.
The major opportunities for growth in the Horeca Furniture Market include expanding into emerging markets, developing innovative products, and adopting sustainable practices.
The key trends shaping the Horeca Furniture Market include personalization, sustainability, and technology integration.
The Horeca Furniture Market is expected to grow at a CAGR of 3.4% from 2023 to 2032.
The Horeca Furniture Market is expected to reach USD 57.3 billion by 2032.
