Luxury Furniture Market Size, Share, Analysis Report

Luxury Furniture Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

The luxury furniture market is expected to be around US$ 36.30 billion by 2027 at a CAGR of 5% during the forecast period.

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MARKET SNAPSHOT

Major Players

  • Duresta Upholstery Ltd
  • Muebles Pico
  • Valderamobili
  • Giovanni Visentin
  • Scavolini
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    5

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Luxury furniture  having different  style, beauty, security, comfort and more. Style will frequently differ a big deal when used in luxurious pieces. Style belongs into two category such as classic and modern.  Another key feature of luxury furniture is type of material used, some of customers uses solid frames and some of customer uses expensive material such as silk or leather.

    Luxury furniture contain different movable parts which show-case the top of an best quality & design related with a particular period. Different furniture industries are concerned regarding their carbon footprints presenting environment friendly options. Since skills are developed the furniture designers find new innovative. Luxury furniture should contain low toxicity because it gives harmful impact on customers health.

    The luxury furniture market is expected to be around US$ 36.30 billion by 2027 at a CAGR of 5% during the forecast period

    The major driving factors of luxury furniture market are as follows:

     Growing disposable income.

     Rapid urbanization.

     Increase in real estate industry.

     Change in life style of customer.

     Changing activities of customer.

    The restraints factors of luxury furniture market are as follows:

      Requirement of expert laborforce.

      Rising price of raw materials

    The luxury furniture market is segmented on the lines of its material and end user . The luxury furniture market is segmented on the lines of its material like metal, plastic, wood, glass, leather and others. The luxury furniture market is segmented on the lines of its end user like domestic use and commercial use. The domestic use is further divided into kitchen, living and bedroom, bathroom, outdoor and lighting. Under commercial segmentation it covered into office, hospitality and others.  The luxury furniture market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for luxury furniture and related technologies.

    2) Analyses of global market trends, with data from 2016, estimates for 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2025.

    3) Identifications of new market opportunities and targeted promotional plans for luxury furniture 

    4) Discussion of research and development, and the demand for new products and new applications.

    5) Comprehensive company profiles of major players in the industry. 

    REPORT SCOPE:

    The scope of the report includes a detailed study of global and regional markets for various types of luxury furniture with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Duresta Upholstery Ltd., Muebles Pico, Valderamobili, Giovanni Visentin, Scavolini, Laura Ashley, Iola Furniture Ltd., Nella Vetrina, Henredon Furniture Industries Inc. and  Turri S.r.l. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments. 

    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players. 

    The Luxury furniture Market has been segmented as below:  

    by Material Analysis

    Metal

    Plastic

    Wood

    Glass

    Leather

    Others

    by End User Analysis

    Domestic Use

    Kitchen

    Living and bedroom

    Bathroom

    Outdoor

    Lighting

    Commercial Use

    Office

    Hospitality

    Others

    by Regional Analysis

        North America

        Europe

        Asia-Pacific

        Rest of the World

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all active and planned luxury furniture industry globally.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of luxury furniture industry and unit capacity data.

    4) Assess your competitor’s refining portfolio and its evolution. 

    Customization:

    We can offer you custom research reports as per client’s special requirements.

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    The Luxury furniture Market has been segmented as below:  

     

    by Material Analysis

    Metal

    Plastic

    Wood

    Glass

    Leather

    Others

    by End User Analysis

     

    Domestic Use

    Kitchen

    Living and bedroom

    Bathroom

    Outdoor

    Lighting

    Commercial Use

    Office

    Hospitality

    Others

     

    by Regional Analysis

     

        North America

        Europe

        Asia-Pacific

        Rest of the World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 5% during the study period (2022-2027)
    The luxury furniture market is expected to be around US$ 36.30 billion by 2027
    The segment included in luxury furniture market is Material, Domestic Use and region.
    Some key players operating in the luxury furniture market include Duresta Upholstery Ltd., Muebles Pico, Valderamobili, Giovanni Visentin, Scavolini, Laura Ashley, Iola Furniture Ltd., Nella Vetrina
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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