Published on : May 26, 2017
Albany, New York, May 26, 2017: The hotel furniture market is directly driven by the increase in hotel business due to the inclination of people towards utilizing hotels for staying even for a short duration. Market Research Hub (MRH) has recently added a report titled as “EMEA (Europe, Middle East, and Africa) Hotel Furniture Market Report 2017” to its vast database which basically focuses on the hotel furniture market for the EMEA region. This analyzed report successfully forecasts the hotel furniture market during 2017-2022 with anticipated positive CAGR.
Due to the booming tourism sector and seeing the current trend the hotel industry has witnessed a rise in growth. This implies the importance of attractive and comfortable furniture for the chain of hotels in order to please and convince their customers. The hotel furniture should be modern & comfortable and vary to suit the taste of every customer which make the hotel rooms unique in design and thus working to boost the business.
The researched study has been initiated by the hotel furniture overview detailing the product, scope and classification analysis. The report has compared the market by product type, application, and region for 2012-2022. The various product type introduced in the market are wooden furniture, leather & fabric furniture, metal furniture and other. Moreover, the application/end-user analyzed in the study includes economy hotel, extended-stay hotel, full-service hotel, luxury hotel and other. Also, the regions of EMEA are featured and compared with their status and prospect.
Following the report, the competition analysis of the major players for the hotel furniture market is done with company basic information, manufacturing base & competitors, product type, application & specification, and finally 2012-2017 hotel furniture sales, revenue, price, gross margin and business overview. Top players discussed in the report are Foliot Furniture, Ashley Furniture, Rooms To Go, Mattress Firm, Williams-Sonoma, LE-AL Asia, Hmart Limited, Berkshire Hathaway, Laz Boy, American Signature, Sleep Number, Gelaimei Hotel Furniture, Fulilai Hotel Furniture Co. Ltd, Northland Furniture., Sleepy'S, Buhler Furniture, Mingjia Furniture, JL Furnishings and Telos Furniture.
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In the concluding section, the hotel furniture manufacturing cost is finally analyzed with key raw materials, price trend of key raw materials, key suppliers of raw materials and market concentration rate of raw materials. Manufacturing cost structure proportionated by raw materials, labor cost and manufacturing expenses are also showcased in the study. Consequently, the marketing strategy is analyzed with marketing channels, marketing positioning, and distributors/traders list.
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