HoReCa furniture market seen reaching $263.9 billion by 2032

By AI, Created 3:51 PM UTC, June 03, 2026, /AGP/ – The global HoReCa furniture market is projected to grow from $171.3 billion in 2022 to $263.9 billion by 2032, driven by tourism, hospitality expansion and demand from hotels, restaurants and cafes. Wood led the market in 2022, while metal, outdoor furniture and Asia-Pacific are expected to gain momentum over the forecast period.

Why it matters: - Growth in hotels, restaurants and cafes is directly expanding demand for furniture used in guest rooms, dining areas, event venues and conference spaces. - The market forecast signals continued spending on hospitality infrastructure as travel and tourism recover and business events return. - Material and product shifts, including rising interest in metal furniture and outdoor seating, point to changing buyer preferences across the sector.

What happened: - Allied Market Research valued the global HoReCa furniture market at $171.3 billion in 2022. - The market is projected to reach $263.9 billion by 2032, reflecting a 4.6% CAGR from 2023 to 2032. - The report covers furniture used in hotels, restaurants and cafes across indoor and outdoor settings. - The study includes product, material and regional segmentation, plus a list of major market players.

The details: - Tables and desks led the product category in 2022 and are expected to be the fastest-growing segment during the forecast period. - Wood accounted for nearly one-third of market share in 2022. - Metal is expected to gain traction over the forecast period. - Indoor furniture made up more than half of the market in 2022. - Outdoor furniture is projected to be the fastest-growing category through 2032. - Europe held the largest regional share in 2022. - Asia-Pacific is expected to be the fastest-growing region during the forecast period. - Key companies named in the report include Inter IKEA Systems B.V., Kimball International Inc., Thonet GmbH, TON a.s., Emeco, KI, Scab Giardino S.p.a., BK Barrit, Moda Seating Corp and Grand Rapids Chair Company, Inc. - The report says companies are using geographical expansion and acquisitions to grow market share and profitability.

Between the lines: - Tourism recovery is a core demand driver because more international and domestic travel increases furniture purchases for hospitality venues. - The report also flags a skilled-labor shortage as a drag on production, quality control, innovation and margins. - Higher wages for skilled furniture workers in Britain are presented as evidence of tight labor supply in the broader industry. - Event calendars and exhibitions are creating additional demand for flexible, customizable furniture that can support branding and guest experience. - COVID-19 disrupted demand early in the pandemic, but the market recovered after restrictions eased and events resumed.

What’s next: - The report expects hotels, restaurants, cafes and event venues to keep upgrading furniture as travel and gatherings expand. - Manufacturers are likely to compete more on customization, design flexibility and region-specific growth strategies. - Demand could shift further toward durable, adaptable and visually distinctive furniture as hospitality operators focus on experience. - The market will also depend on whether labor shortages ease enough to support production and innovation.