South Korea Hotel Furniture Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Table and Chairs, Hotel Beds, Hotel Case goods, Other), By Application (Business Hotel, Luxury Hotel, Boutique Hotel, Other), and South Korea Hotel Furniture Market Insights, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsSouth Korea Hotel Furniture Market Insights Forecasts to 2035
- The South Korea Hotel Furniture Market Size Is Expected to Grow at a CAGR of Around 5.6% from 2025 to 2035.
- The South Korea Hotel Furniture Market Size Is Expected to Reach A Significant Share By 2035.
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According to a research report published by Spherical Insights & Consulting, The South Korea Hotel Furniture Market size is expected to grow 5.6% CAGR from 2025 to 2035 and is expected to reach a significant share by 2035. The hotel furniture market is driven due to several factors, including the expansion of the luxury and lifestyle hotel segments, the rise of experiential travel, and the ongoing expansion of the global hospitality sector.
Market Overview
South Korea hotel furniture market is the enterprise engaged with the supply of furniture, fixtures, and allied equipment exclusively for hotel, resort, and other similar hospitality uses. It encompasses beds, chairs, sofas, tables, wardrobes, lights, and ornaments that assist in making the guest rooms comfortable, operational, and aesthetically pleasing. The market is increasing steadily with the increase in tourism activity, better hotel development, and demand for renovation in budget and luxury categories. With international as well as domestic traveling picking up speed, hoteliers are more interested in delivering better guest experience with newer, functional, as well as visually appealing interiors. Korean design sensibilities of minimalism, eco-friendliness, and smart functionality are influencing product choice. Further, availability of international hotel brands and boutique hotels is calling for branded and customized furniture. Integration of technology, application of green products, and partnering with interior designers are also influencing South Korea's hotel furniture innovation.
Report Coverage
This research report categorizes the market for the South Korea hotel furniture market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea hotel furniture market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea hotel furniture market.
South Korea Hotel Furniture Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.6% |
Historical Data for: | 2020-2023 |
No. of Pages: | 147 |
Tables, Charts & Figures: | 121 |
Segments covered: | By Product Type, By Application and COVID-19 Impact Analysis |
Companies covered:: | Hanssem Co., Fursys, Ace Bed, Sidiz, Koas, KTA Group, Bluekite, and Other key vendors |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
South Korea's hotel furniture market is driven by rising tourism, hotel construction and refurbishment activity in hospitality industries. Demand for modern, comfortable, and design-focused interiors is prompting hotels to invest in quality furniture. International expansion of hotel chains and boutique hotels is driving demand for brand-specific, customized furnishings. Also propelling some of the key drivers to continue the market growth are increasing customer demands for fashionable and functional spaces, and the green and module furniture trend.
Restraining Factors
The South Korean furniture market is restrained by excessive costs of customization, premium materials, and design consultation. Supply chain interruptions and volatile raw material costs also affect project timelines and budgets. Additionally, rigorous regulatory standards for durability and fire resistance can constrain procurement choices and design flexibility in furniture.
Market Segmentation
The South Korea hotel furniture market share is classified into product type and application.
- The tables and chairs segment held a dominant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea hotel furniture market is segmented by product type into table and chairs, hotel beds, hotel case goods, and other. Among these, the tables and chairs segment held a dominant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Tables and chairs are not only essential in the guest rooms, but also in the lobbies, restaurants, conference rooms, and outside. The wide use generates greater volumes of purchases than other furniture categories. In contrast to major items such as beds or case goods, tables and chairs tend to be less expensive, making it possible for hotels to buy in bulk or upgrade them with greater frequency without laying out substantial.
- The luxury hotels segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea hotel furniture market is segmented by application into Business Hotel, Luxury Hotel, and Boutique Hotel, Other. Among these, the luxury hotels segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.Korean design values of simplicity, sustainability, and smart functionality are informing product decisions. In addition, the presence of foreign hotel chains and boutique hotels is calling for branded as well as custom furniture.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea hotel furniture market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Hanssem Co.
- Fursys
- Ace Bed
- Sidiz
- Koas
- KTA Group
- Bluekite
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea hotel furniture market based on the below-mentioned segments:
South Korea Hotel Furniture Market, By Product Type
- Table and Chairs
- Hotel Beds
- Hotel Case goods
- Other
South Korea Hotel Furniture Market, By Application
- Business Hotel
- Luxury Hotel
- Boutique Hotel
- Other
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