Furniture, Fixtures, And Equipment Market Size, Share & Trends Analysis Report By Product (Furniture, Fixtures), By End Use (Hospitality, Offices), By Region, And Segment Forecasts, 2024 - 2030
This report can be delivered to the clients within 3 Business Days
Furniture, Fixtures, And Equipment Market Growth & Trends
The global furniture, fixtures, and equipment market size is expected treach USD 204.92 billion by 2030, according ta new report by Grand View Research, Inc. The market is projected tgrow at a CAGR of 6.9% from 2024 t2030. The FF&E market is experiencing robust growth, driven by the expanding real estate, hospitality, and corporate sectors globally. As businesses prioritize enhancing the customer and employee experience, demand for high-quality, functional, and aesthetically appealing furniture and fixtures has surged. In addition, the rapid pace of urbanization and infrastructure development across emerging economies is contributing significantly tthis market’s expansion, with real estate projects driving higher investments in FF&E solutions.
One of the key growth drivers in the FF&E market is the increasing focus on sustainability and eco-friendly materials. Companies are adopting green building practices and sourcing furniture made from renewable materials tmeet stringent environmental regulations and consumer preferences for sustainable products. This shift is leading tthe development of innovative, energy-efficient, and recyclable furniture and fixtures, further propelling the market forward.
Technological advancements are playing a pivotal role in transforming the FF&E landscape. Smart furniture with integrated technology features, such as wireless charging stations, adjustable components, and IoT-enabled systems, is gaining popularity across commercial, residential, and hospitality sectors. This trend is not only enhancing user convenience but alsdriving efficiency and customization, creating new opportunities for market players tcater ttech-savvy consumers.
In the market for outdoor places, procurement service providers play a crucial role in helping businesses efficiently source high-quality products while optimizing costs. These services streamline the purchasing process, leveraging extensive supplier networks tprovide access ta diverse range of furnishings and equipment tailored tspecific industry needs. For instance, Avendra, LLC, a U.S.-based company, specializes in providing furniture, fixtures, and equipment procurement services, particularly for the hospitality industry. Its experienced FF&E suppliers team focuses on sourcing high-quality products at competitive, pre-negotiated prices, streamlining spending for clients. Avendra emphasizes the importance of planning purchases well in advance, especially for outdoor FF&E, taccommodate supply chain disruptions and long lead times. Its outdoor solutions include a variety of products, such as outdoor dining and lounge furniture, partitions, handwashing stations, outdoor heating options, and accessories like fire tables and umbrellas.
Another significant factor contributing tmarket growth is the rising demand for customized and modular furniture solutions. With an increasing focus on flexible workspace designs and multi-functional interiors, businesses and individuals are seeking furniture that can adapt tchanging needs. This shift towards modular and customizable products is particularly evident in the corporate and hospitality sectors, where personalized environments are essential for enhancing both employee productivity and guest experiences.
The FF&E market is alswitnessing heightened competition as manufacturers strive tdifferentiate themselves through product innovation, strategic collaborations, and acquisitions. With evolving consumer preferences and the need for cost-effective, durable, and design-driven solutions, market players are focusing on expanding their product portfolios, strengthening their distribution networks, and adopting omnichannel retail strategies tmaintain a competitive edge in this dynamic landscape.
Furniture, Fixtures, And Equipment Market Report Highlights
Furniture, Fixtures, And Equipment Market Growth & Trends
The global furniture, fixtures, and equipment market size is expected treach USD 204.92 billion by 2030, according ta new report by Grand View Research, Inc. The market is projected tgrow at a CAGR of 6.9% from 2024 t2030. The FF&E market is experiencing robust growth, driven by the expanding real estate, hospitality, and corporate sectors globally. As businesses prioritize enhancing the customer and employee experience, demand for high-quality, functional, and aesthetically appealing furniture and fixtures has surged. In addition, the rapid pace of urbanization and infrastructure development across emerging economies is contributing significantly tthis market’s expansion, with real estate projects driving higher investments in FF&E solutions.
One of the key growth drivers in the FF&E market is the increasing focus on sustainability and eco-friendly materials. Companies are adopting green building practices and sourcing furniture made from renewable materials tmeet stringent environmental regulations and consumer preferences for sustainable products. This shift is leading tthe development of innovative, energy-efficient, and recyclable furniture and fixtures, further propelling the market forward.
Technological advancements are playing a pivotal role in transforming the FF&E landscape. Smart furniture with integrated technology features, such as wireless charging stations, adjustable components, and IoT-enabled systems, is gaining popularity across commercial, residential, and hospitality sectors. This trend is not only enhancing user convenience but alsdriving efficiency and customization, creating new opportunities for market players tcater ttech-savvy consumers.
In the market for outdoor places, procurement service providers play a crucial role in helping businesses efficiently source high-quality products while optimizing costs. These services streamline the purchasing process, leveraging extensive supplier networks tprovide access ta diverse range of furnishings and equipment tailored tspecific industry needs. For instance, Avendra, LLC, a U.S.-based company, specializes in providing furniture, fixtures, and equipment procurement services, particularly for the hospitality industry. Its experienced FF&E suppliers team focuses on sourcing high-quality products at competitive, pre-negotiated prices, streamlining spending for clients. Avendra emphasizes the importance of planning purchases well in advance, especially for outdoor FF&E, taccommodate supply chain disruptions and long lead times. Its outdoor solutions include a variety of products, such as outdoor dining and lounge furniture, partitions, handwashing stations, outdoor heating options, and accessories like fire tables and umbrellas.
Another significant factor contributing tmarket growth is the rising demand for customized and modular furniture solutions. With an increasing focus on flexible workspace designs and multi-functional interiors, businesses and individuals are seeking furniture that can adapt tchanging needs. This shift towards modular and customizable products is particularly evident in the corporate and hospitality sectors, where personalized environments are essential for enhancing both employee productivity and guest experiences.
The FF&E market is alswitnessing heightened competition as manufacturers strive tdifferentiate themselves through product innovation, strategic collaborations, and acquisitions. With evolving consumer preferences and the need for cost-effective, durable, and design-driven solutions, market players are focusing on expanding their product portfolios, strengthening their distribution networks, and adopting omnichannel retail strategies tmaintain a competitive edge in this dynamic landscape.
Furniture, Fixtures, And Equipment Market Report Highlights
- The U.S. FF&E market is projected twitness substantial growth between 2024 and 2030, driven primarily by the strong expansion in real estate, hospitality, and corporate sectors. Rising investment in commercial real estate, particularly in sectors such as hotels, office spaces, and mixed-use developments, is contributing tthe increased demand for premium, functional, and aesthetically designed furnishings.
- In office environments, the demand for FF&E is expected trise significantly during this period, spurred by the growing trend towards flexible workspace solutions and an emphasis on employee well-being. Modern office designs are increasingly focusing on collaborative areas, ergonomic furniture, and multi-functional fixtures tenhance workforce efficiency while accommodating evolving business needs.
- Furniture emerged as the leading segment within the FF&E market in 2023, holding the largest market share globally. The increasing preference for furniture that supports open, collaborative environments is a key driver of this trend. Companies are increasingly investing in modular and adaptable furniture that fosters dynamic workspaces and encourages greater team interaction.
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
CHAPTER 3. FURNITURE, FIXTURES, AND EQUIPMENT MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Penetration and Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Trends and Outlook
3.3.2. Profit Margin Analysis (Industry-level)
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Market Opportunities
3.4.4. Market Challenges
3.5. Industry Analysis Tools
3.5.1. Porter’s Five Forces Analysis
3.6. Market Entry Strategies
CHAPTER 4. FURNITURE, FIXTURES, AND EQUIPMENT MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
4.1. Furniture, Fixtures, and Equipment (FF&E) Market, By Product: Key Takeaways
4.2. Product Movement Analysis & Market Share, 2023 & 2030
4.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Billion)
4.3.1. Furniture
4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.2. Fixtures
4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.3. Equipment
4.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 5. FURNITURE, FIXTURES, AND EQUIPMENT MARKET: END USE ESTIMATES & TREND ANALYSIS
5.1. Furniture, Fixtures, and Equipment (FF&E) Market, By End Use: Key Takeaways
5.2. End Use Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by End Use, 2018 - 2030 (USD Billion)
5.3.1. Hospitality
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Offices
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.3. Hospital and Healthcare facilities
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.4. Retail
5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.5. Others
5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 6. FURNITURE, FIXTURES, AND EQUIPMENT MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Furniture, Fixtures, and Equipment (FF&E) Market: Regional Outlook
6.2. Regional Marketplaces: Key Takeaways
6.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Billion)
6.3.1. North America
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.2. U.S.
6.3.1.2.1. Key country dynamics
6.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.3. Canada
6.3.1.3.1. Key country dynamics
6.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.4. Mexico
6.3.1.4.1. Key country dynamics
6.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Europe
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.2. UK
6.3.2.2.1. Key country dynamics
6.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.3. Germany
6.3.2.3.1. Key country dynamics
6.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.4. France
6.3.2.4.1. Key country dynamics
6.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.5. Italy
6.3.2.5.1. Key country dynamics
6.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.6. Spain
6.3.2.6.1. Key country dynamics
6.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3. Asia Pacific
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.2. China
6.3.3.2.1. Key country dynamics
6.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.3. India
6.3.3.3.1. Key country dynamics
6.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.4. Japan
6.3.3.4.1. Key country dynamics
6.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.5. Australia & New Zealand
6.3.3.5.1. Key country dynamics
6.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.6. South Korea
6.3.3.6.1. Key country dynamics
6.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.4. Central & South America
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.4.2. Brazil
6.3.4.2.1. Key country dynamics
6.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.5. Middle East & Africa
6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.5.2. South Africa
6.3.5.2.1. Key country dynamics
6.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 7. FURNITURE, FIXTURES, AND EQUIPMENT MARKET: COMPETITIVE ANALYSIS
7.1. Recent developments & impact analysis, by key market participants
7.2. Company Categorization
7.3. Participant’s Overview
7.4. Financial Performance
7.5. Product Benchmarking
7.6. Company Market Share Analysis, 2023 (%)
7.7. Company Heat Map Analysis
7.8. Strategy Mapping
7.9. Company Profiles
7.9.1. Kimball International Inc.
7.9.1.1. Company Overview
7.9.1.2. Financial Performance
7.9.1.3. Product Portfolios
7.9.1.4. Strategic Initiatives
7.9.2. Global Furniture Group
7.9.2.1. Company Overview
7.9.2.2. Financial Performance
7.9.2.3. Product Portfolios
7.9.2.4. Strategic Initiatives
7.9.3. Steelcase Inc.
7.9.3.1. Company Overview
7.9.3.2. Financial Performance
7.9.3.3. Product Portfolios
7.9.3.4. Strategic Initiatives
7.9.4. Herman Miller, Inc.
7.9.4.1. Company Overview
7.9.4.2. Financial Performance
7.9.4.3. Product Portfolios
7.9.4.4. Strategic Initiatives
7.9.5. Stryker Medical
7.9.5.1. Company Overview
7.9.5.2. Financial Performance
7.9.5.3. Product Portfolios
7.9.5.4. Strategic Initiatives
7.9.6. Ashley Furniture Industries, Inc.
7.9.6.1. Company Overview
7.9.6.2. Financial Performance
7.9.6.3. Product Portfolios
7.9.6.4. Strategic Initiatives
7.9.7. Inter IKEA Systems B.V.
7.9.7.1. Company Overview
7.9.7.2. Financial Performance
7.9.7.3. Product Portfolios
7.9.7.4. Strategic Initiatives
7.9.8. Century Furniture LLC.
7.9.8.1. Company Overview
7.9.8.2. Financial Performance
7.9.8.3. Product Portfolios
7.9.8.4. Strategic Initiatives
7.9.9. Haworth International, Ltd
7.9.9.1. Company Overview
7.9.9.2. Financial Performance
7.9.9.3. Product Portfolios
7.9.9.4. Strategic Initiatives
7.9.10. Teknion
7.9.10.1. Company Overview
7.9.10.2. Financial Performance
7.9.10.3. Product Portfolios
7.9.10.4. Strategic Initiatives
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
CHAPTER 3. FURNITURE, FIXTURES, AND EQUIPMENT MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Penetration and Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Trends and Outlook
3.3.2. Profit Margin Analysis (Industry-level)
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Market Opportunities
3.4.4. Market Challenges
3.5. Industry Analysis Tools
3.5.1. Porter’s Five Forces Analysis
3.6. Market Entry Strategies
CHAPTER 4. FURNITURE, FIXTURES, AND EQUIPMENT MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
4.1. Furniture, Fixtures, and Equipment (FF&E) Market, By Product: Key Takeaways
4.2. Product Movement Analysis & Market Share, 2023 & 2030
4.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Billion)
4.3.1. Furniture
4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.2. Fixtures
4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
4.3.3. Equipment
4.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 5. FURNITURE, FIXTURES, AND EQUIPMENT MARKET: END USE ESTIMATES & TREND ANALYSIS
5.1. Furniture, Fixtures, and Equipment (FF&E) Market, By End Use: Key Takeaways
5.2. End Use Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by End Use, 2018 - 2030 (USD Billion)
5.3.1. Hospitality
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Offices
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.3. Hospital and Healthcare facilities
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.4. Retail
5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.5. Others
5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 6. FURNITURE, FIXTURES, AND EQUIPMENT MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Furniture, Fixtures, and Equipment (FF&E) Market: Regional Outlook
6.2. Regional Marketplaces: Key Takeaways
6.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Billion)
6.3.1. North America
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.2. U.S.
6.3.1.2.1. Key country dynamics
6.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.3. Canada
6.3.1.3.1. Key country dynamics
6.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.1.4. Mexico
6.3.1.4.1. Key country dynamics
6.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Europe
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.2. UK
6.3.2.2.1. Key country dynamics
6.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.3. Germany
6.3.2.3.1. Key country dynamics
6.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.4. France
6.3.2.4.1. Key country dynamics
6.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.5. Italy
6.3.2.5.1. Key country dynamics
6.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2.6. Spain
6.3.2.6.1. Key country dynamics
6.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3. Asia Pacific
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.2. China
6.3.3.2.1. Key country dynamics
6.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.3. India
6.3.3.3.1. Key country dynamics
6.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.4. Japan
6.3.3.4.1. Key country dynamics
6.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.5. Australia & New Zealand
6.3.3.5.1. Key country dynamics
6.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.3.6. South Korea
6.3.3.6.1. Key country dynamics
6.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.4. Central & South America
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.4.2. Brazil
6.3.4.2.1. Key country dynamics
6.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.5. Middle East & Africa
6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.5.2. South Africa
6.3.5.2.1. Key country dynamics
6.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
CHAPTER 7. FURNITURE, FIXTURES, AND EQUIPMENT MARKET: COMPETITIVE ANALYSIS
7.1. Recent developments & impact analysis, by key market participants
7.2. Company Categorization
7.3. Participant’s Overview
7.4. Financial Performance
7.5. Product Benchmarking
7.6. Company Market Share Analysis, 2023 (%)
7.7. Company Heat Map Analysis
7.8. Strategy Mapping
7.9. Company Profiles
7.9.1. Kimball International Inc.
7.9.1.1. Company Overview
7.9.1.2. Financial Performance
7.9.1.3. Product Portfolios
7.9.1.4. Strategic Initiatives
7.9.2. Global Furniture Group
7.9.2.1. Company Overview
7.9.2.2. Financial Performance
7.9.2.3. Product Portfolios
7.9.2.4. Strategic Initiatives
7.9.3. Steelcase Inc.
7.9.3.1. Company Overview
7.9.3.2. Financial Performance
7.9.3.3. Product Portfolios
7.9.3.4. Strategic Initiatives
7.9.4. Herman Miller, Inc.
7.9.4.1. Company Overview
7.9.4.2. Financial Performance
7.9.4.3. Product Portfolios
7.9.4.4. Strategic Initiatives
7.9.5. Stryker Medical
7.9.5.1. Company Overview
7.9.5.2. Financial Performance
7.9.5.3. Product Portfolios
7.9.5.4. Strategic Initiatives
7.9.6. Ashley Furniture Industries, Inc.
7.9.6.1. Company Overview
7.9.6.2. Financial Performance
7.9.6.3. Product Portfolios
7.9.6.4. Strategic Initiatives
7.9.7. Inter IKEA Systems B.V.
7.9.7.1. Company Overview
7.9.7.2. Financial Performance
7.9.7.3. Product Portfolios
7.9.7.4. Strategic Initiatives
7.9.8. Century Furniture LLC.
7.9.8.1. Company Overview
7.9.8.2. Financial Performance
7.9.8.3. Product Portfolios
7.9.8.4. Strategic Initiatives
7.9.9. Haworth International, Ltd
7.9.9.1. Company Overview
7.9.9.2. Financial Performance
7.9.9.3. Product Portfolios
7.9.9.4. Strategic Initiatives
7.9.10. Teknion
7.9.10.1. Company Overview
7.9.10.2. Financial Performance
7.9.10.3. Product Portfolios
7.9.10.4. Strategic Initiatives
