North America Hotel Furniture, Fixtures, And Equipment Market To Reach $34.02 Billion By 2030

North America Hotel Furniture, Fixtures, And Equipment Market Growth & Trends

The North America hotel furniture, fixtures, and equipment market size is expected to reach USD 34.02 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 6.7% from 2024 to 2030. The furniture, fixtures, and equipment (FF&E) market for hotels in North America is experiencing steady growth, driven by several factors. As the hospitality industry rebounds from the challenges posed by the COVID-19 pandemic, hotels are increasingly investing in new furniture, fixtures, and equipment to enhance guest experiences. This trend is particularly noticeable in luxury and mid-tier hotels, where hotels are upgrading interiors to attract more visitors. The market includes a wide range of products, from beds, chairs, and tables to lighting, flooring, and other decor elements contributing to a hotel's ambiance.

One of the key trends driving the market is the focus on sustainability. Many hotel chains opt for eco-friendly furniture from sustainable materials like reclaimed wood, recycled fabrics, and energy-efficient lighting fixtures. This shift aligns with growing consumer awareness of environmental issues and a desire for more sustainable travel experiences. Hotels also embrace modular and multifunctional furniture to optimize space, a trend that caters to aesthetic preferences and practical needs in smaller, urban properties.

Another significant factor propelling the FF&E market is the rise of boutique hotels and unique lodging experiences. Boutique hotels often prioritize design and personalized aesthetics, which has led to increased demand for custom furniture and fixtures. The growing popularity of experiential travel has pushed hotel brands to differentiate themselves through unique, design-driven interiors. This trend has allowed local artisans and designers to create bespoke pieces tailored to individual hotel themes and concepts.

In addition, technological advancements are influencing the FF&E market. Hotels increasingly integrate smart technology into their fixtures and equipment, offering guests features like automated lighting, smart thermostats, and wireless charging stations. These innovations improve guest convenience and enhance energy efficiency, reducing operational costs for hotel owners. As technology continues to evolve, it is expected to play an even larger role in shaping the future of hotel FF&E.

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North America Hotel Furniture, Fixtures, And Equipment Market Report Highlights

• Furniture accounted for a significant portion of the market in 2023. The increased demand for furniture in North American hotels is attributed to the robust growth in the travel and tourism sector. The influx of travelers necessitates the expansion of existing hotel capacities and the construction of new properties, both of which require substantial investments in furniture

• The demand for hotel furniture, fixtures, and equipment in independent hotels is expected to grow at a rapid CAGR from 2024 to 2030. Travelers increasingly seek personalized and authentic experiences, which independent hotels are well-positioned to provide. Independent hotels offer unique aesthetics, tailored services, and a sense of place that resonates with guests looking for more than just a place to sleep

• The Mexico hotel furniture, fixtures, and equipment market is expected to grow rapidly from 2024 to 203. The market here is set to rise due to the growing tourism sector, driven by the country's popularity as a travel destination and post-pandemic recovery

North America Hotel Furniture, Fixtures, And Equipment Market Segmentation

Grand View Research has segmented the North America hotel furniture, fixtures, and equipment market based on product, hotel type, and country:

North America Hotel Furniture, Fixtures, And Equipment Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Furniture

• Fixtures

• Equipment

North America Hotel Furniture, Fixtures, And Equipment Hotel Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Independent Hotels

• Chain Hotels

North America Hotel Furniture, Fixtures, And Equipment Country Outlook (Revenue, USD Billion, 2018 - 2030)

• U.S.

• Canada

• Mexico

List of Key Players in the North America Hotel Furniture, Fixtures, And Equipment Market

• Vogue Decor Furniture

• Hospitality Furniture Group

• Kimball International

• Consolidated Hospitality Supplies (CHS)

• Milliken & Company

• Hotel Spec International, Inc.

• Benjamin West

• Carroll Adams

• Innvision Hospitality, Inc.

• Beyer Brown