Global Hotel Wardrobe Market Overview:
The main purpose of a wardrobe is to hold the clothes of the guest. In a large function hotel then ball gowns and tuxedo’s maybe the main inhabitants and they set the parameters. The wardrobe is a specially designed cupboard or closet provided with drawers, lockers, a mirror, hanging spaces, sliding shelves and other things to store clothes. So the hanging rail height from the floor of a robe is generally about 5 ft 6 inches, the length of a ball gown. The wardrobe is used in the hotel in order to help the guest as they will be able to put hangars on this so the height of the rail above floor level also needs to be carefully factored in to the design.
As per latest study released by AMA Research, the Global Hotel Wardrobe market is expected to see growth rate of 6.2%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Customizable Wardrobe to Fit in Any Available Space
Market Growth Drivers:
Demand for Easy Storing Clothing and Wardrobe Helps to Increase Overall Decor of the Roo
Challenges:
Wooden Wardrobe Getting Damaged by Moisture
Restraints:
Increasing Raw Material Prices
Opportunities:
Increasing Investment by Hotels on the its Infrastructure
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are CHAT BOARD A/S (Denmark), CHIAVARI (United States), Contractin srl (Italy), Delineo (United Kingdom), FREPAT URBAN EQUIPMENT (Spain), GIBAM SHOPS (Italy), JoostH (Netherlands), LEMA Home (Italy), Mobenia (Spain), MOBILSPAZIO S.r.l (Italy), Molteni & C (Italy), OltreDesign (Australia) and Opera contemporary (Italy). Additionally, following companies can also be profiled that are part of our coverage like Quodes (Netherlands) and PIANCA (Italy). Analyst at AMA Research see Italian Vendors to retain maximum share of Global Hotel Wardrobe market by 2030. Considering Market by Style, the sub-segment i.e. Modern will boost the Hotel Wardrobe market. Considering Market by Door Type, the sub-segment i.e. Sliding will boost the Hotel Wardrobe market. Considering Market by Material Used, the sub-segment i.e. Wood [Solid Wood, Engineered Wood, Wood & Glass] will boost the Hotel Wardrobe market.
Latest Market Insights:
In October 2023, Kimpton Hotels & Restaurants expanded its partnership with lifestyle brand Anthropologie to provide guests of its UK hotels with complimentary access to a seasonally evolving edit of accessories.
In December 2023, The Luxury Hotel Group Aman launched its debut furniture line at Design Miami including dining tables.
What Can be Explored with the Hotel Wardrobe Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Hotel Wardrobe Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Hotel Wardrobe
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Hotel Wardrobe market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Hotel Wardrobe market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Hotel Wardrobe, Suppliers of Hotel Wardrobe, Wholesalers, Distributors and Retailers of Hotel Wardrobe, Potential Investors and Raw Material Providers.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.