Press release
2019 Luxury Hotel Furniture Market Forecast to 2025: Focusing on Top Vendors Marriott International, Hilton, Hyatt Hotels, Four Seasons Holdings Inc
The recent published research report sheds light on critical aspects of the global Luxury Hotel Furniture market such as vendor landscape, competitive strategies, market drivers and challenges along with the regional analysis. The report helps the readers to draw a suitable conclusion and clearly understand the current and future scenario and trends of global Luxury Hotel Furniture market. The research study comes out as a compilation of useful guidelines for players to understand and define their strategies more efficiently in order to keep themselves ahead of their competitors. The report profiles leading companies of the global Luxury Hotel Furniture market along with the emerging new ventures who are creating an impact on the global market with their latest innovations and technologies.The global Luxury Hotel Furniture market was valued at 171100 million US$ in 2018 and will reach 241800 million US$ by the end of 2025, growing at a CAGR of 4.4% during 2019-2025.
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The key players covered in this study
• Marriott International
• Hilton
• Starwood Hotels & Resorts (Marriott)
• Hyatt Hotels
• Four Seasons Holdings Inc.
• Shangri-La International Hotel Management Ltd.
• InterContinental Hotels Group PLC
• Mandarin Oriental International Limited
• The Indian Hotels Company Limited
• Jumeirah International LLC
• Kerzner International Resorts, Inc.
• ITC Hotels Limited
Nowadays, the top five companies make up more than 26.37% market share of the luxury hotels market, and the world's large enterprises are mainly concentrated in North America. The top five vendors are Marriott International, Hilton, Hyatt Hotels, Four Seasons Holdings Inc. and Shangri-La International Hotel Management Ltd. They respectively took a global market share as 13.59%, 6.59%, 2.53%, 2.41%, and 1.24% in 2017.
United States was the largest consumer market with a market share of 35.71% in 2013 and 32.05% in 2017 with a decrease of 3.66%. China and EU ranked the second and third markets with the market share of 18.58% and 17.28% in 2017.
The competitive analysis included in the global Luxury Hotel Furniture market study allows their readers to understand the difference between players and how they are operating amounts themselves on global scale. The research study gives a deep insight on the current and future trends of the market along with the opportunities for the new players who are in process of entering global Luxury Hotel Furniture market. Market dynamic analysis such as market drivers, market restraints are explained thoroughly in the most detailed and easiest possible manner. The companies can also find several recommendations improve their business on the global scale.
Segment by Type
• Business Hotel
• Suite Hotel
• Airport Hotel
• Resorts Hotel
Segment by Application
• Room
• F&B
• SPA
• Others
Drivers and Constraints:
The report has studied numerous substantial dynamics that account for a considerable influence over the Luxury Hotel Furniture market. The report ebulliently explains volume trends, the value, and also the evaluation history of the market. Moreover, a detailed analysis has been conducted concerning various potential opportunities and trends, growth driving factors, and restraints, to achieve a more in-depth perception of the market.
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Luxury Hotel Furniture By Region
• Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
• Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
• North America[United States, Canada, Mexico]
• Middle East & Africa[GCC, North Africa, South Africa]
• South America[Brazil, Argentina, Columbia, Chile, Peru]
Create an everlasting reputation:
Global Luxury Hotel Furniture market is intended to offer business owners, stakeholders and field marketing executives a broad overview of the business they should be focusing on for the estimated period. The research further holds vital information on the size of market and data on the prominent leaders’ product owners have to compete with, in the coming years. Assessments of the broad strengths, as well as weaknesses too, add value to the overall research. Products details not only cover the popular applications and its performance, but it also unveils certain trends and value of specific products within specific regions.
The key insights of the report:
1. The report provides key statistics on the market status of the Luxury Hotel Furniture manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2. The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3. The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5. The report estimates 2019-2025 market development trends of Luxury Hotel Furniture industry.
6. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7. The report makes some important proposals for a new project of Luxury Hotel Furniture Industry before evaluating its feasibility.
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