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Global Luxury Furniture Market Size, Trends & Growth Opportunity By Material (Leather, Glass, Wood, Plastic, Metal, and Others), By End Use (Domestic Use (Living & Bedroom, Outdoor, Lighting, Kitchen, and Bathroom), By Region and Forecast till 2027

Publisher QualiKet Research
Published Feb 11, 2023
Length 145 Pages
SKU # QUA17762595

Description

Global Luxury Furniture Market Size, Trends, & Growth Opportunity by Material (Leather, Glass, Wood, Plastic, Metal, and Others), By end use (domestic use (living & bedroom), outdoor lighting, kitchen, and bathroom), by region, and forecast till 2027.

Global Luxury Furniture Market

The global luxury furniture market was valued at USD 28567 million in 2021 which is expected to reach USD 33567 million by 2027, at a CAGR of 5.1% from 2022-2027.

Increases in hospitality and infrastructure in developing nations are likely to drive the global luxury furniture market throughout the forecast period. The increasing use of luxury furniture in kitchens, bedrooms, living rooms, offices, and corporations will have an impact on market growth.

Market Drivers

The increased usage of online retailing methods is predicted to drive the growth of the global luxury furniture industry. Furthermore, a surge in demand for eco-friendly luxury furniture will boost market growth. Furthermore, increased urbanisation and globalisation are likely to drive market expansion. Changes in lifestyle, as well as an increase in disposable income, will also fuel market expansion throughout this projection period. Significant expansion in the real estate industry will enhance demand for luxury furnishings, propelling market growth in the near future.

Market Restraints

However, the global luxury furniture industry is likely to be hampered by a scarcity of experienced personnel in the luxury furniture sector and a rise in raw material prices.

Market Segmentation

The global luxury furniture market is segmented by material, such as leather, glass, wood, plastic, metal, and others. Further, the market is segmented into end uses such as domestic use (living & bedroom, outdoor lighting, kitchen, and bathroom), and commercial (hospitality, office, and others).

Regional Analysis Also, the global luxury furniture market is segmented into five regions, such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Europe dominated the high-end furniture market. Many major luxury furniture firms in Europe have developed their own online platforms and are cooperating with e-commerce retailers to improve their distribution networks. These factors are propelling market growth in this area.

Market Key Players

Various key players are discussed in this report, such as Turri S.r.l., Henredon Furniture Industries Inc., Nella Vetrina, Iola Furniture Ltd., Laura Ashley, Scavolini, Giovanni Visentin, Valderamobili, Muebles Pico, and Duresta Upholstery Ltd.

Market Taxonomy

By Material
  • Leather
  • Glass
  • Wood
  • Plastic
  • Metal
  • Others
By End Use
  • Domestic Use
  • Living & Bedroom
  • Outdoor
  • Lighting
  • Kitchen
  • Bathroom
  • Commercial Use
  • Hospitality
  • Office
  • Others
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Table of Contents

145 Pages
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Luxury Furniture Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Luxury Furniture Market, By Material
5.1 Y-o-Y Growth Comparison, By Material
5.2 Global Luxury Furniture Market Share Analysis, By Material
5.3 Global Luxury Furniture Market Size and Forecast, By Material
5.3.1 Leather
5.3.2 Glass
5.3.3 Wood
5.3.4 Plastic
5.3.5Metal
5.3.6Others
6 Global Luxury Furniture Market, By End use
6.1 Y-o-Y Growth Comparison, By End use
6.2 Global Luxury Furniture Market Share Analysis, By End use
6.3 Global Luxury Furniture Market Size and Forecast, By End use
6.3.1 Domestic Use
6.3.1.1Living & Bedroom
6.3.1.2Outdoor
6.3.1.3Lighting
6.3.1.4Kitchen
6.3.1.5Bathroom
6.3.2Commercial Use
6.3.2.1Hospitality
6.3.2.2 Office
6.3.2.3Others
7Global Luxury Furniture Market, By Region
7.1 Global Luxury Furniture Market Share Analysis, By Region
7.2 Global Luxury Furniture Market Share Analysis, By Region
7.3 Global Luxury Furniture Market Size and Forecast, By Region
8North America Luxury Furniture Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Luxury Furniture Market Share Analysis, By Material
8.3 North America Luxury Furniture Market Size and Forecast, By End use
8.4 North America Luxury Furniture Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9Europe Luxury Furniture Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Luxury Furniture Market Share Analysis, By Material
9.3 Europe Luxury Furniture Market Size and Forecast, By End use
9.4 Europe Luxury Furniture Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Luxury Furniture Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Luxury Furniture Market Share Analysis, By Material
10.3 Asia Pacific Luxury Furniture Market Size and Forecast, By End use
10.4 Asia Pacific Luxury Furniture Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Luxury Furniture Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Luxury Furniture Market Share Analysis, By Material
11.3 Latin America Luxury Furniture Market Size and Forecast, By End use
11.4 Latin America Luxury Furniture Market Size and Forecast, By Country
12Middle East Luxury Furniture Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Luxury Furniture Market Share Analysis, By Material
12.3 Middle East Luxury Furniture Market Size and Forecast, By End use
12.4 Middle East Luxury Furniture Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
15.1 Turri S.r.l
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Henredon Furniture Industries Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Nella Vetrina
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Iola Furniture Ltd
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Laura Ashley
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Scavolini
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Giovanni Visentin
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Valderamobili, Muebles Pico
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Duresta Upholstery Ltd
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies

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