Market Overview:
The global hotel armchair market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for comfortable and stylish armchairs in hotels across the globe. Additionally, factors such as rising disposable income, growing tourism industry, and increasing number of luxury hotels are also contributing to the growth of this market. Based on type, the global hotel armchair market can be segmented into fabric armchairs, leather armchairs, wooden armchairs, and other types. Fabric armchairs are expected to account for a major share of this market due to their comfort and style quotient. Leather Armchairs are also gaining popularity among consumers due their luxurious look and feel. Wooden Arm chairs are mostly used in traditional styled hotels while other types include metal-framed chairs and plastic chairs which are mainly used in budget hotels or restaurants respectively . By application ,the global hotel chairmarket can be divided into indoor applicationsand outdoor applications . Indoor applications accounted for a majority shareof thismarketin 2017due tot he growing trendof interior designingin varioushotelsacross the globe .
Product Definition:
A hotel armchair is a type of upholstered chair that is typically found in a hotel room. It is often used as a place to sit, relax, and read. Hotel armchairs are also sometimes used as beds for guests who need to sleep in the room but do not want to use the bed.
Fabric Armchair:
Fabric armchairs are those designed with the usage of cotton or other man-made fibers as a primary raw material. The product is gaining popularity in hotel industry owing to its ability to be easily cleaned and maintain its shape even after several washes. It also has high durability, which makes it suitable for commercial use as well.
The global fabric armchair market size was valued at USD 1,19 billion in 2015.
Leather Armchair:
It is a type of armchair made from the processed skin of cattle, horses, or goats. Leather armchairs are more expensive than fabric or faux leather chairs. The longer history of leather as a material for making furniture can be attributed to its superior durability and aesthetic qualities; it also has greater resistance to wear and tear.
Application Insights:
Indoor application accounted for more than half of the global market share in 2017. The demand is generally higher in hotels compared to other places. Outdoor application is expected to witness a CAGR of XX% from 2018 to 2030 owing to increased spending by travelers on vacation at resorts and hotels across the world.
The product has gained significant popularity as an indoor seating solution due largely in part to its ability provide comfort and relaxation while offering an elevated sitting experience that encourages socializing among guests within a hotel room or lobby space setting.
Regional Analysis:
Asia Pacific dominated the global hotel armchair market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing number of hotels and resorts, along with rising spending power of consumers. Furthermore, growing trend for home-based accommodation such as hotel rooms is anticipated to drive demand for armchairs in this region.
North America accounted for a significant share of global revenue in 2017 owing to high concentration of hotels and resorts catering primarily towards business travelers on account of presence of major IT companies such as Microsoft Corporation; Google Inc.; Cisco Systems, Inc.; Hewlett Packard Enterprise; Oracle Corporation; among others. Moreover, luxury lifestyle associated with these accommodations has led consumers towards purchasing various furniture including armchairs which will further boost regional growth over the next eight years.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for hotel armchairs from the hospitality sector as it offers comfort and relaxation to guests.
- Rising disposable income of consumers, which is resulting in an increase in demand for luxury furniture products such as hotel armchairs.
- Growing popularity of online retailing, which is providing a platform for vendors to showcase their products and reach out to a wider audience.
- Proliferation of e-commerce websites that offer competitive prices on hotel armchairs, thereby driving down the overall cost of ownership for consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hotel Armchair Market Research Report
By Type
Fabric Armchair, Leather Armchair, Wooden Armchair, Other
By Application
Indoor, Outdoor
By Companies
RODA, KETTAL, Porro, KOKET Love Happens, SOFTLINE, CMcadeiras, Tonino Lamborghini, Aston Martin, Varaschin, MOBILSPAZIO S.r.l, arrmet, FueraDentro, PIANCA, Neology, ORSITALIA, Tarmeko LPD, Harleq, Traba, Montbel, Modenese Interiors Luxury Furniture, New Life, PORVENTURA, POUFOMANIA, Oficina Inglesa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Hotel Armchair Market Report Segments:
The global Hotel Armchair market is segmented on the basis of:
Types
Fabric Armchair, Leather Armchair, Wooden Armchair, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Indoor, Outdoor
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- RODA
- KETTAL
- Porro
- KOKET Love Happens
- SOFTLINE
- CMcadeiras
- Tonino Lamborghini
- Aston Martin
- Varaschin
- MOBILSPAZIO S.r.l
- arrmet
- FueraDentro
- PIANCA
- Neology
- ORSITALIA
- Tarmeko LPD
- Harleq
- Traba
- Montbel
- Modenese Interiors Luxury Furniture
- New Life
- PORVENTURA
- POUFOMANIA
- Oficina Inglesa
Highlights of The Hotel Armchair Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fabric Armchair
- Leather Armchair
- Wooden Armchair
- Other
- By Application:
- Indoor
- Outdoor
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hotel Armchair Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hotel Armchair is a website that provides information on hotels in different parts of the world.
Some of the major companies in the hotel armchair market are RODA, KETTAL, Porro, KOKET Love Happens, SOFTLINE, CMcadeiras, Tonino Lamborghini, Aston Martin, Varaschin, MOBILSPAZIO S.r.l, arrmet, FueraDentro, PIANCA, Neology, ORSITALIA, Tarmeko LPD, Harleq, Traba, Montbel, Modenese Interiors Luxury Furniture, New Life, PORVENTURA, POUFOMANIA, Oficina Inglesa.
The hotel armchair market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hotel Armchair Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hotel Armchair Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hotel Armchair Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hotel Armchair Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hotel Armchair Market Size & Forecast, 2020-2028
4.5.1 Hotel Armchair Market Size and Y-o-Y Growth
4.5.2 Hotel Armchair Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fabric Armchair
5.2.2 Leather Armchair
5.2.3 Wooden Armchair
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Indoor
6.2.2 Outdoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hotel Armchair Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hotel Armchair Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fabric Armchair
9.6.2 Leather Armchair
9.6.3 Wooden Armchair
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Indoor
9.10.2 Outdoor
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fabric Armchair
10.6.2 Leather Armchair
10.6.3 Wooden Armchair
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Indoor
10.10.2 Outdoor
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fabric Armchair
11.6.2 Leather Armchair
11.6.3 Wooden Armchair
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Indoor
11.10.2 Outdoor
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fabric Armchair
12.6.2 Leather Armchair
12.6.3 Wooden Armchair
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Indoor
12.10.2 Outdoor
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fabric Armchair
13.6.2 Leather Armchair
13.6.3 Wooden Armchair
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Indoor
13.10.2 Outdoor
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hotel Armchair Market: Competitive Dashboard
14.2 Global Hotel Armchair Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RODA
14.3.2 KETTAL
14.3.3 Porro
14.3.4 KOKET Love Happens
14.3.5 SOFTLINE
14.3.6 CMcadeiras
14.3.7 Tonino Lamborghini
14.3.8 Aston Martin
14.3.9 Varaschin
14.3.10 MOBILSPAZIO S.r.l
14.3.11 arrmet
14.3.12 FueraDentro
14.3.13 PIANCA
14.3.14 Neology
14.3.15 ORSITALIA
14.3.16 Tarmeko LPD
14.3.17 Harleq
14.3.18 Traba
14.3.19 Montbel
14.3.20 Modenese Interiors Luxury Furniture
14.3.21 New Life
14.3.22 PORVENTURA
14.3.23 POUFOMANIA
14.3.24 Oficina Inglesa
