+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Luxury Furniture Market 2019-2023 - Product Image

Global Luxury Furniture Market 2019-2023

  • ID: 4792911
  • Report
  • Region: Global
  • 159 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 4

FEATURED COMPANIES

  • Herman Miller Inc.
  • HNI Corp.
  • Inter IKEA Group
  • Muebles Picó SA
  • MORE
Global Luxury Furniture Market: About this market

Luxury furniture usually refers to the high-end and premium class of commercial and residential furniture. This luxury furniture market analysis considers sales from distribution channels including offline and online. Our analysis also considers the sales of luxury furniture in APAC, Europe, North America, South America, and MEA. In 2018, the offline segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the tangential factor associated with the offline distribution of luxury furniture will play a significant role in the offline segment to maintain its market position. Also, our global luxury furniture market report looks at factors such as the increasing number of new luxury furniture showroom launches, growing influence of different retailing channels, and rising popularity of multi-functional luxury furniture. However, frequent product recalls, unstable prices of raw materials, and stringent regulations related to luxury furniture may hamper the growth of the luxury furniture industry over the forecast period.

Global Luxury Furniture market: Overview

Rising popularity of multi-functional luxury furniture

Single and two-person households are looking for ways to maximize space in their rooms by spending on small, portable, multi-purpose, foldable, and technologically-influenced luxury furniture. The adoption of these furniture allows them to quickly re-configure an entire area using their transforming features. Multitude of benefits of multi-functional luxury furniture will lead to the expansion of the global luxury furniture market at a CAGR of about 5% during the forecast period.

Rapid emergence of eco-friendly and organic luxury furniture

There is an increase in the adoption of green technology due to the growing awareness of negative impact of deforestation on the environment. This is encouraging manufacturers to use biodegradable, sustainable, and renewable raw materials to build eco-friendly and organic luxury furniture. This will boost the product launches, which in turn, will have a positive impact on the overall market growth.

Competitive Landscape

With the presence of several major players, the global luxury furniture market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury furniture manufacturers, that include Herman Miller Inc., HNI Corp., Inter IKEA Group, Muebles Picó SA, and Steinhoff International Holdings NV.

Also, the luxury furniture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Herman Miller Inc.
  • HNI Corp.
  • Inter IKEA Group
  • Muebles Picó SA
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY MATERIAL
  • Market segmentation by material
PART 07: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Residential luxury furniture - Market size and forecast 2018-2023
  • Commercial luxury furniture - Market size and forecast 2018-2023
  • Market opportunity by application
PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline - Market size and forecast 2018-2023
  • Online - Market size and forecast 2018-2023
  • Market opportunity by distribution channel
PART 10: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 13: MARKET TRENDS
  • Rapid emergence of eco-friendly and organic luxury furniture
  • Growth in demand for luxury furniture among millennials
  • Technological innovations in global luxury furniture market
PART 14: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 15: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Herman Miller Inc.
  • HNI Corp.
  • Inter IKEA Group
  • Muebles Picó SA
  • Steinhoff International Holdings NV
PART 16: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
PART 17: EXPLORE

List of Exhibits:
Exhibit 01: Global furniture market
Exhibit 02: Segments of global furniture market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Market segmentation by material-2018
Exhibit 18: Application - Market share 2018-2023 (%)
Exhibit 19: Comparison by application
Exhibit 20: Residential luxury furniture - Market size and forecast 2018-2023 ($ billions)
Exhibit 21: Residential luxury furniture - Year-over-year growth 2019-2023 (%)
Exhibit 22: Global luxury residential living room furniture market
Exhibit 23: Global luxury residential living room furniture market – CAGR (%)
Exhibit 24: Global luxury residential bedroom furniture market
Exhibit 25: Global luxury residential bedroom furniture market – CAGR (%)
Exhibit 26: Global luxury residential dining and kitchen furniture market
Exhibit 27: Global luxury residential dining and kitchen furniture market – CAGR (%)
Exhibit 28: Global other luxury residential furniture market
Exhibit 29: Global other luxury residential furniture market – CAGR (%)
Exhibit 30: Commercial luxury furniture - Market size and forecast 2018-2023 ($ billions)
Exhibit 31: Commercial luxury furniture - Year-over-year growth 2019-2023 (%)
Exhibit 32: Global luxury hospitality furniture market
Exhibit 33: Global luxury hospitality furniture market – CAGR (%)
Exhibit 34: Global luxury office furniture market
Exhibit 35: Global luxury office furniture market – CAGR (%)
Exhibit 36: Global other luxury commercial furniture market
Exhibit 37: Global other luxury commercial furniture market – CAGR (%)
Exhibit 38: Market opportunity by application
Exhibit 39: Customer landscape
Exhibit 40: Distribution channel - Market share 2018-2023 (%)
Exhibit 41: Comparison by distribution channel
Exhibit 42: Offline - Market size and forecast 2018-2023 ($ billions)
Exhibit 43: Offline - Year-over-year growth 2019-2023 (%)
Exhibit 44: Global luxury residential furniture market by specialty stores
Exhibit 45: Global luxury residential furniture market by specialty stores – CAGR (%)
Exhibit 46: Global luxury residential furniture market by department stores
Exhibit 47: Global luxury residential furniture market by department stores – CAGR (%)
Exhibit 48: Global luxury residential furniture market by hypermarkets, supermarkets, and clubhouses
Exhibit 49: Global luxury residential furniture market by hypermarkets, supermarkets, and clubhouses – CAGR (%)
Exhibit 50: Global luxury residential furniture market by other retail stores
Exhibit 51: Global luxury residential furniture market by other retail stores – CAGR (%)
Exhibit 52: Global commercial furniture market by distribution channel-2018 (%)
Exhibit 53: Online - Market size and forecast 2018-2023 ($ billions)
Exhibit 54: Online - Year-over-year growth 2019-2023 (%)
Exhibit 55: Market opportunity by distribution channel
Exhibit 56: Market share by geography 2018-2023 (%)
Exhibit 57: Geographic comparison
Exhibit 58: Europe - Market size and forecast 2018-2023 ($ billions)
Exhibit 59: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 60: North America - Market size and forecast 2018-2023 ($ billions)
Exhibit 61: North America - Year-over-year growth 2019-2023 (%)
Exhibit 62: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 63: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 64: MEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 65: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 66: South America - Market size and forecast 2018-2023 ($ billions)
Exhibit 67: South America - Year-over-year growth 2019-2023 (%)
Exhibit 68: Key leading countries
Exhibit 69: Market opportunity
Exhibit 70: Impact of drivers and challenges
Exhibit 71: Vendor landscape
Exhibit 72: Landscape disruption
Exhibit 73: Vendors covered
Exhibit 74: Vendor classification
Exhibit 75: Market positioning of vendors
Exhibit 76: Herman Miller Inc. - Vendor overview
Exhibit 77: Herman Miller Inc. - Business segments
Exhibit 78: Herman Miller Inc. - Organizational developments
Exhibit 79: Herman Miller Inc. - Geographic focus
Exhibit 80: Herman Miller Inc. - Segment focus
Exhibit 81: Herman Miller Inc. - Key offerings
Exhibit 82: HNI Corp. - Vendor overview
Exhibit 83: HNI Corp. - Business segments
Exhibit 84: HNI Corp. - Organizational developments
Exhibit 85: HNI Corp. - Segment focus
Exhibit 86: HNI Corp. - Key offerings
Exhibit 87: Inter IKEA Group - Vendor overview
Exhibit 88: Inter IKEA Group - Business segments
Exhibit 89: Inter IKEA Group - Organizational developments
Exhibit 90: Inter IKEA Group - Key offerings
Exhibit 91: Muebles Picó SA - Vendor overview
Exhibit 92: Muebles Picó SA - Product segments
Exhibit 93: Muebles Picó SA - Organizational developments
Exhibit 94: Muebles Picó SA - Key offerings
Exhibit 95: Steinhoff International Holdings NV - Vendor overview
Exhibit 96: Steinhoff International Holdings NV - Business segments
Exhibit 97: Steinhoff International Holdings NV - Organizational developments
Exhibit 98: Steinhoff International Holdings NV - Segment focus
Exhibit 99: Steinhoff International Holdings NV - Key offerings
Exhibit 100: Validation techniques employed for market sizing
Exhibit 101: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4

FEATURED COMPANIES

  • Herman Miller Inc.
  • HNI Corp.
  • Inter IKEA Group
  • Muebles Picó SA
  • MORE
The following companies are recognised as the key players in the global luxury furniture market: Herman Miller Inc., HNI Corp., Inter IKEA Group, Muebles Picó SA, and Steinhoff International Holdings NV.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the rapid emergence of eco-friendly and organic luxury furniture”.

According to the report, one of the major drivers for this market is the rising popularity of multi-functional luxury furniture.

Further, the report states that one of the major factors hindering the growth of this market is the unstable prices of raw materials.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 4
  • Herman Miller Inc.
  • HNI Corp.
  • Inter IKEA Group
  • Muebles Picó SA
  • Steinhoff International Holdings NV
Note: Product cover images may vary from those shown
Adroll
adroll