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Restaurant Chairs Market Size, Share & Industry Analysis, By Type (Wood, Metal, Plastic), By End-Use (Casual Dining, Cafe or Coffee House, Food Court or Cafeteria, Others), By Distribution Channel (E-commerce, Retail Store) and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI102565 | Status : Ongoing

 

KEY MARKET INSIGHTS

Presently restaurant chairs with stylish design and light in weight are becoming popularly used. The factors which helps in the evolution of the market include couples dining and business meeting. Restaurant is always being the number one choice of place for couples to meet each other, which in turn is expected to increase the customers flow to the restaurants and generate more demand for restaurant chairs. According to Upserve.Inc, in 2018, more than 200 million U.S. consumers estimated to go to a sit-down restaurant. Furthermore, the use of high-end restaurant as a meeting place for business people also increases the development of the market.


Additionally, the innovation of folding dining chairs acts as an opportunity for the growth of the market as it is easier to carry around.


Key Market Driver -

Increasing growth of fast food industry act as one of the driving factor for the growth of the market.

Key Market Restraint -

The flourishing growth of food delivery systm act as a restrainting factor with hampers the growth of the market.


The increasing growth of the fast-food industry act as one of the major driving factor for the growth of the market due to the growing popularity of fast food outlets such as Mc Donalds, Burger King, Subway and others. Additionally, live sports games of a specific fan group gathering is projected to drive more necessity of restaurant chairs. According to Sports Pro Media, Premier League global is estimated to have 3.2 billion viewers global during the period of 2018/19 season. Moreover, the growing number of college activities and gathering in the restaurant is also expected to propel the growth of the market.


However, the flourishing growth of food delivery system act as a restraining factor that hampers the growth of the market.


Key Players Covered:


Hooker Furniture Corporation, Ethan Allen Global, Inc., Baker Furniture, Bernhardt Furniture Company, Drexel Heritage Furnishings Inc., Crate & Barrel Holdings, Inc, and others are some of the major players in the global restaurant chairs market.


To meet and suit the theme and place of restaurants or other places manufacturers are now aiming to put more focus on producing products which meet the needs and wants to their consumers.


The global restaurant chairs market is segmented into by type, by end-user, by distribution channel, and by geography.


On the basis of the type, the market is fragmented into by wood, metal, and plastics. Wood is anticipated to hold the major share owing to its durability, long-lasting, natural looks, and others.


Based on end-use, the market is classified into casual dining, café or coffee house, food court or cafeteria, and others. Casual dining is projected to be the largest shareholder due to having a larger number of customers as compared to other segment and also most casual dinings are budget-friendly which increases the visitors.


Depending on the distribution channel, the market is divided into e-commerce and retail store. Retail Store is projected to be the larger distribution channel and this is giving rise to quality display outlets, giving the freedom to try out the product as the customers will, helping to avoid any mistakes that could happen while purchasing it.


Regional Analysis:


On the basis of region, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle & East and Africa.


The Asia Pacific is predicted to be the dominating region during the forecast period of 2019-2026. Due to the increase in the growth of the economy especially in countries like India and China is owing to the change in culture and lifestyle which thus increases the opening of more restaurants and dining places. Furthermore, the adoption of corporate working culture in this region also acts as a driving factor for the growth of the market. According to FICCI, in 2017, the Indian Food Services market in India (organized and unorganized) is projected at USD 47044.6 million. Additionally, the increasing number of furniture giants like Steelcase, Herman Miller, Haworth, and others moving in this region also helps to generate more demand.


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North America is estimated to witness a significant growth during the forecast period owing to the adoption of fast food culture, the presence of larger number of bars, hotels, motels, restaurants, and others. According to NPD Group, in 2017, there is an estimation of 647,288 restaurants present in the United States. Additionally, the increase in working-class population and changing eating habits also generate more demand of the product. Moreover, the growing number of events in this region like product launch, award ceremony, fashion shows, and others also act as a flourishing factor for the growth of the market.


Segmentation


























 ATTRIBUTE


 DETAILS

By Type




  • Wood

  • Metal

  • Plastic



By End-Use




  • Casual Dining

  • Café or Coffee House

  • Food Court or Cafeteria

  • Others



By Distribution Channel




  • E-commerce

  • Retail Store



By Geography




  • North America (U.S., Canada, and Mexico)

  • Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments



  • In January  2019, Interlude Home announced the launched to of new dining collection which comes with stylishly designed tables,chairs, and bar cabinets.

  • In October 2019, Cuero Celebrates declared the introduction of Outstanding Quality & Artistically Pleasing Cactus Modern Leather Dining Chair.


  • Ongoing
  • 2021
  • 2018-2020

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