Luxury Furniture Global Market Report 2024

Global Luxury Furniture Market Report 2024

Luxury Furniture Global Market Report 2024 – By Type (Tables, Chairs, Sofas And Lounges, Kitchen, Lighting, Interior Accessories, Beds, Other Types), By Material (Wood, Metal, Plastic, Glass, Leathers, Other Materials), By Distribution Channel (Online, Offline), By End User (Residential, Commercial) – Market Size, Trends, And Global Forecast 2024-2033

Name: Luxury Furniture Global Market Report 2024
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Luxury Furniture Global Market Report 2024

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Luxury Furniture Market Definition

Luxury furniture refers to expensive and rare furniture created and constructed using materials of the highest quality, excellent craftsmanship, and attention to detail. It conveys a feeling of openness and the illusion of an opulent existence.

The main types of luxury furniture are tables, chairs, sofas and lounges, kitchens, lighting, interior accessories, beds, and others. Tables are pieces of furniture having a horizontal flat surface supported by legs, pedestals, or other structural components. The several types of materials are used, such as wood, metal, plastic, glass, leather, and others. These are sold through online and offline distribution channels to various end-users, including residential and commercial.

Luxury Furniture Market Segmentation

The luxury furniture market covered in this report is segmented –

1) By Type: Tables, Chairs, Sofas And Lounges, Kitchen, Lighting, Interior Accessories, Beds, Other Types

2) By Material: Wood, Metal, Plastic, Glass, Leathers, Other Materials

3) By Distribution Channel: Online, Offline

4) By End User: Residential, Commercial

Global Luxury Furniture Market Size 2023 to 2028: Graph

Luxury Furniture Market Size 2024 And Growth Rate

The luxury furniture market size has grown strongly in recent years. It will grow from $24.1 billion in 2023 to $25.71 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to economic prosperity, architectural and interior design trends, rise of luxury real estate, cultural influences, celebrity endorsements and influencers.

Luxury Furniture Market Growth Forecast

The luxury furniture market size is expected to see strong growth in the next few years. It will grow to $32.29 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to rise of luxury e-commerce, sustainability and eco-friendly practices, global wealth redistribution, wellness and comfort in design, rise of luxury e-commerce. Major trends in the forecast period include digitalization of design and customization, collaborations with contemporary artists, transparency in supply chain, inclusive and diverse designs, virtual and augmented reality shopping.

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Luxury Furniture Market Driver: Home Renovation Boom Propels Surge In Luxury Furniture Market Demand

The rising trend of home renovation is expected to propel the growth of the luxury furniture market going forward. Home renovation is the process of significantly altering, enhancing, or upgrading a residential home. By bringing a touch of refinement, style, and sophistication to the living areas, luxury furniture plays a key role in home renovation projects. For instance, in August 2022, according to Verana Ltd., a US-based e-commerce company that sells kitchen taps and other home appliances, the house renovations sector contribution was 53% of homeowners in 2021. Therefore, the rising trend of home renovation is driving the growth of the luxury furniture market.

Luxury Furniture Market Driver: Wooden Elegance Is Fueling The Surge In The Luxury Furniture Market

The increasing use of wood is expected to propel the growth of the luxury furniture market going forward. Wood is a natural substance made from tree roots, stems, and branches. Wood is a preferred material in making luxury furniture as it offers natural aesthetic appeal, versatility, durability and longevity, craftsmanship, customization possibilities, enhanced resale value, natural insulation, and easy maintenance. For instance, in December 2022, according to the Natural Resources Institute, a Finland-based government office, total round wood use in Finland in 2021 was 85.2 million cubic meters. Comparing the sum to the prior year, there was a 9% rise. Furthermore, the number of by-products and other types of wood waste used was 27.7 million cubic meters, which is an increase of 17% over the previous year. Therefore, the increasing use of wood is driving the growth of the luxury furniture market.

Global Luxury Furniture Market Major Players

Major companies operating in the luxury furniture market report are IKEA Systems B.V., Ralph Lauren Home, La-Z-Boy Incorporated, Heritage Home Group LLC, Arhaus LLC, Bentley Home, Luxury Living Group, Cassina S.p.A, Scavolini S.p.A., Meco Corporation, Boca do Lobo, Interior Define, DelightFULL, Castlery, Jonathan Adler, Brabbu, Iola Furniture Limited, Turri Srl, Nella Vetrina, Koket, Henredon Furniture Industries Inc., Muebles Pico SA, Valderamobili s.r.l, Artifox, Laura Ashley Holdings PLC, Giovanni Visentin s.r.l, Duresta Upholstery Ltd., Mueble de España, Essential Home, Thomas Blakemore Ltd., Anna Casa Interiors

Global Luxury Furniture Market Trend: Emergence Of Sustainable Luxury Furniture Through A Focus On Advanced Recycled Materials In The Market

Advanced recycled materials are a key trend gaining popularity in the luxury furniture market. Major companies operating in the luxury furniture market are using a new generation of advanced recycled materials to make sustainable luxury furniture and sustain their position in the market. For instance, in March 2023, House of Ecologie, a US-based sustainable furniture and home goods brand, developed a line of luxury capsule furniture that is environmentally friendly and made using innovative recycled materials. The collaboration will include various classic, handcrafted items to enhance the contemporary, functional house, guided by Ecogensus' dedication to emphasizing the welfare of people and the environment.

Global Luxury Furniture Market Trend: Innovative Solutions Transforming The Luxury Furniture Market

Major companies operating in the luxury furniture market are developing innovative solutions such as AI-driven digital design experience to gain a competitive edge in the market. AI-driven digital design experience refers to the use of artificial intelligence (AI) to create and personalize digital products and services. For instance, in June 2022, Inter IKEA Systems B.V. a Netherlands-based company responsible for the development and franchising of the IKEA retail concept, launched IKEA Kreativ. KEA Kreativ was created to enable clients to see how home furnishing solutions will fit, look, and work in their living environments which aims to inspire customers and unleash their creativity. IKEA Kreativ wants to provide clients the tools to construct realistic rooms. With the newest advancements in 3D mixed reality, machine learning, and spatial computing, this intuitive new experience blends decades of IKEA life at-home expertise with cutting-edge technology. Customers may use the experience to create realistic virtual copies of their spaces, browse IKEA products in 3D showrooms, and easily add items to their baskets.

Luxury Furniture Market Merger And Acquisition: Cassina S.P.A. Elevates Its Portfolio With The Acquisition Of Zanotta Spa

In April 2023, Cassina S.p.A., an Italy-based furniture manufacturing company, acquired Zanotta SpA for an undisclosed amount. With this acquisition, Cassina will strengthen its product line and search for fresh ideas to ensure the brand has adequate operational freedom to continue its artistic path. Zanotta SpA is an Italy-based furniture manufacturing company operating in the high-end segment.

Regional Outlook For The Global Luxury Furniture Market

Asia-Pacific was the largest region in the luxury furniture market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the luxury furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the luxury furniture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The luxury furniture market consists of sales of dining sets, bedroom furniture, cabinets, bookcases, armchairs, and coffee tables. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The luxury furniture market research report is one of a series of new reports from The Business Research Company that provides luxury furniture market statistics, including luxury furniture industry global market size, regional shares, competitors with a luxury furniture market share, detailed luxury furniture market segments, market trends and opportunities, and any further data you may need to thrive in the luxury furniture industry. This luxury furniture market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Luxury Furniture Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$25.71 billion
Revenue Forecast In 2033	$32.29 billion
Growth Rate	CAGR of 5.9% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Tables, Chairs, Sofas And Lounges, Kitchen, Lighting, Interior Accessories, Beds, Other Types 2) By Material: Wood, Metal, Plastic, Glass, Leathers, Other Materials 3) By Distribution Channel: Online, Offline 4) By End User: Residential, Commercial
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	IKEA Systems B.V.; Ralph Lauren Home; La-Z-Boy Incorporated; Heritage Home Group LLC; Arhaus LLC; Bentley Home; Luxury Living Group; Cassina S.p.A; Scavolini S.p.A.; Meco Corporation; Boca do Lobo; Interior Define; DelightFULL; Castlery; Jonathan Adler; Brabbu; Iola Furniture Limited; Turri Srl; Nella Vetrina; Koket; Henredon Furniture Industries Inc.; Muebles Pico SA; Valderamobili s.r.l; Artifox; Laura Ashley Holdings PLC; Giovanni Visentin s.r.l; Duresta Upholstery Ltd.; Mueble de España; Essential Home; Thomas Blakemore Ltd.; Anna Casa Interiors
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Luxury Furniture Market Characteristics

3. Luxury Furniture Market Trends And Strategies

4. Luxury Furniture Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Luxury Furniture Market Size and Growth

5.1. Global Luxury Furniture Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Luxury Furniture Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Luxury Furniture Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Luxury Furniture Market Segmentation

6.1. Global Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Tables

Chairs

Sofas And Lounges

Kitchen

Lighting

Interior Accessories

Beds

Other Types

6.2. Global Luxury Furniture Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Wood

Metal

Plastic

Glass

Leathers

Other Materials

6.3. Global Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Online

Offline

6.4. Global Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Residential

Commercial

7. Luxury Furniture Market Regional And Country Analysis

7.1. Global Luxury Furniture Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Luxury Furniture Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Luxury Furniture Market

8.1. Asia-Pacific Luxury Furniture Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Luxury Furniture Market

9.1. China Luxury Furniture Market Overview

9.2. China Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Luxury Furniture Market

10.1. India Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Luxury Furniture Market

11.1. Japan Luxury Furniture Market Overview

11.2. Japan Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Luxury Furniture Market

12.1. Australia Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Luxury Furniture Market

13.1. Indonesia Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Luxury Furniture Market

14.1. South Korea Luxury Furniture Market Overview

14.2. South Korea Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Luxury Furniture Market

15.1. Western Europe Luxury Furniture Market Overview

15.2. Western Europe Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Luxury Furniture Market

16.1. UK Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Luxury Furniture Market

17.1. Germany Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Luxury Furniture Market

18.5. France Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Luxury Furniture Market

19.9. Italy Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Luxury Furniture Market

20.13. Spain Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Luxury Furniture Market

21.1. Eastern Europe Luxury Furniture Market Overview

21.2. Eastern Europe Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Luxury Furniture Market

22.1. Russia Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Luxury Furniture Market

23.1. North America Luxury Furniture Market Overview

23.2. North America Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Luxury Furniture Market

24.1. USA Luxury Furniture Market Overview

24.2. USA Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Luxury Furniture Market

25.1. Canada Luxury Furniture Market Overview

25.2. Canada Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Luxury Furniture Market

26.1. South America Luxury Furniture Market Overview

26.2. South America Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Luxury Furniture Market

27.1. Brazil Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Luxury Furniture Market

28.1. Middle East Luxury Furniture Market Overview

28.2. Middle East Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Luxury Furniture Market

29.1. Africa Luxury Furniture Market Overview

29.2. Africa Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Luxury Furniture Market Competitive Landscape And Company Profiles

30.1. Luxury Furniture Market Competitive Landscape

30.2. Luxury Furniture Market Company Profiles

30.2.1. IKEA Systems B.V.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Ralph Lauren Home

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. La-Z-Boy Incorporated

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Heritage Home Group LLC

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Arhaus LLC

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Luxury Furniture Market Other Major And Innovative Companies

31.1. Bentley Home

31.2. Luxury Living Group

31.3. Cassina S.p.A

31.4. Scavolini S.p.A.

31.5. Meco Corporation

31.6. Boca do Lobo

31.7. Interior Define

31.8. DelightFULL

31.9. Castlery

31.10. Jonathan Adler

31.11. Brabbu

31.12. Iola Furniture Limited

31.13. Turri Srl

31.14. Nella Vetrina

31.15. Koket

32. Global Luxury Furniture Market Competitive Benchmarking

33. Global Luxury Furniture Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Luxury Furniture Market

35. Luxury Furniture Market Future Outlook and Potential Analysis

35.1 Luxury Furniture Market In 2028 - Countries Offering Most New Opportunities

35.2 Luxury Furniture Market In 2028 - Segments Offering Most New Opportunities

35.3 Luxury Furniture Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Luxury Furniture Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Luxury Furniture Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Luxury Furniture Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: IKEA Systems B.V. Financial Performance

Table 76: Ralph Lauren Home Financial Performance

Table 77: La-Z-Boy Incorporated Financial Performance

Table 78: Heritage Home Group LLC Financial Performance

Table 79: Arhaus LLC Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Luxury Furniture Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Luxury Furniture Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Luxury Furniture Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Luxury Furniture Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Luxury Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Luxury Furniture Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: IKEA Systems B.V. Financial Performance

Figure 76: Ralph Lauren Home Financial Performance

Figure 77: La-Z-Boy Incorporated Financial Performance

Figure 78: Heritage Home Group LLC Financial Performance

Figure 79: Arhaus LLC Financial Performance

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Frequently Asked Questions

What is the definition of the luxury furniture market?

How will the luxury furniture market drivers and restraints affect the luxury furniture market dynamics? What forces will shape the luxury furniture industry going forward?

The luxury furniture market major growth driver - Home Renovation Boom Propels Surge In Luxury Furniture Market Demand. For further insights on the luxury furniture market, request a sample here

What is the forecast market size or the forecast market value of the luxury furniture market?

The luxury furniture market size has grown strongly in recent years. It will grow from $24.1 billion in 2023 to $25.71 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to economic prosperity, architectural and interior design trends, rise of luxury real estate, cultural influences, celebrity endorsements and influencers. The luxury furniture market size is expected to see strong growth in the next few years. It will grow to $32.29 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to rise of luxury e-commerce, sustainability and eco-friendly practices, global wealth redistribution, wellness and comfort in design, rise of luxury e-commerce. Major trends in the forecast period include digitalization of design and customization, collaborations with contemporary artists, transparency in supply chain, inclusive and diverse designs, virtual and augmented reality shopping. For further insights on the luxury furniture market, request a sample here

How is the luxury furniture market segmented?

The luxury furniture market is segmented
1) By Type: Tables, Chairs, Sofas And Lounges, Kitchen, Lighting, Interior Accessories, Beds, Other Types
2) By Material: Wood, Metal, Plastic, Glass, Leathers, Other Materials
3) By Distribution Channel: Online, Offline
4) By End User: Residential, CommercialFor further insights on the luxury furniture market, request a sample here

Which region has the largest share of the luxury furniture market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the luxury furniture market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the luxury furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the luxury furniture market, request a sample here.

Who are the major players in the luxury furniture market?

What are the key trends in the luxury furniture market?

Major trend in the luxury furniture market - Emergence Of Sustainable Luxury Furniture Through A Focus On Advanced Recycled Materials In The Market. For further insights on the luxury furniture market, request a sample here.

What are the major opportunities in the luxury furniture market? What are the strategies for the luxury furniture market?

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How does the luxury furniture market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the luxury furniture industry?

For detailed insights on the mergers and acquisitions in the luxury furniture industry, request a sample here.

What are the key dynamics influencing the luxury furniture market growth? SWOT analysis of the luxury furniture market.

For detailed insights on the key dynamics influencing the luxury furniture market growth and SWOT analysis of the luxury furniture industry, request a sample here.