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Global Premium Furniture and Furnishings Market - Analysis By Product (Furniture, Housewares, Textiles, Lighting, Others), Distribution Channel, End Use, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)

  • ID: 5518209
  • Report
  • December 2021
  • Region: Global
  • 220 Pages
  • Azoth Analytics

The Global Premium Furniture & Furnishings Market was valued at USD 24.25 billion in the year 2020. The rising disposable incomes have inclined the consumers towards purchasing luxury items which act as a status symbol and add value to a space, catalysing the global premium furniture market. Moreover, the growth in home furnishings is driven by product innovation, segmentation, and digital strategies, hence, paving way for the growth in the market during forecast period 2021-2026.



Based on the Product segment, the furniture captured the lion’s share in the global market in 2020. The rise in the global economy has increased the spending capacity of the consumers, which in turn has impelled the sale of branded furniture items in the market. Moreover, development of automated manufacturing system is anticipated to have a significant impact on the furniture industry during the forecast period 2021-2026.



The North American region is estimated to have the maximum share in the global Premium Furniture & Furnishings market followed by Europe. However, the new emerging markets in APAC region will witness fastest growth rate in the forthcoming years.



The growth in disposable income in emerging countries has led to an increase in demand for premium furniture from affluent households. The growth has also resulted in spending on lifestyle and consumer products. Retailers in these economies are providing exposure to global products of superior quality and easy finance to luxurious furniture products, thereby fostering the business growth. The aforementioned trend has led to an increase in the production, particularly in emerging economies as manufacturers attempt to satisfy the domestic demand. Additionally, the luxury furniture industry has widened its product portfolio to supply products for living rooms, offices, and kitchens including furnishing, interiors, mattresses, and upholstery solutions. Wood, plastic, fiber, metal, glass, and leather, which are the most widely used raw materials in the production of luxury furniture.



Scope of the Report

  • The report presents the analysis of Premium Furniture & Furnishings market for the historical period of 2016-2020 and the forecast period of 2021-2026
  • The report analyses the Premium Furniture & Furnishings Market by value (USD Million).
  • The report analyses the Premium Furniture & Furnishings Market by Product (Furniture, Housewares, Textiles, Lighting, Other).
  • The report analyses the Premium Furniture & Furnishings Market by Distribution Channel (Offline, Online).
  • The report analyses the Premium Furniture & Furnishings Market by End Use (Residential, Commercial).
  • The Global Premium Furniture & Furnishings Market has been analysed by countries (United States, Canada, United Kingdom, Italy, France, Germany, China, Japan, India, Australia).
  • The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Location and Product.
  • Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
  • The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Herman Miller, HNI Corporation, Okamura Corporation, Kimball International Inc., Ralph Lauren Corporation, Basett Furniture Industries Inc., Steelcase Inc., La-z-Boy, Grayson Luxury, Haworth Inc.

Key Target Audience:

  • Premium Furniture Vendors
  • Consulting and Advisory Firms
  • Government and Policy Makers
  • Regulatory Authorities
Note: Product cover images may vary from those shown
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary

2. Strategic Recommendations

3. Global Premium Furniture & Furnishings Market: Product Overview

4. Global Premium Furniture & Furnishings Market: An Analysis
4.1 Market Size, By Value, 2016-2026
4.2 Impact of COVID-19 on Global Premium Furniture & Furnishings Market
4.3 Global Premium Furniture & Furnishings Market: Growth & Forecast

5. Global Premium Furniture & Furnishings Market: Segment Analysis
5.1 Global Premium Furniture & Furnishings Market by Product
5.2 Competitive Scenario of Global Premium Furniture & Furnishings Market- By Product
5.3 By Furniture, By Value (USD Million), 2016-2026
5.4 By Housewares, By Value (USD Million), 2016-2026
5.5 By Textiles, By Value (USD Million), 2016-2026
5.6 By Lighting, By Value (USD Million), 2016-2026
5.7 By Other, By Value (USD Million), 2016-2026

6. Global Premium Furniture & Furnishings Market by Distribution Channel
6.1 Global Premium Furniture & Furnishings Market by Distribution Channel
6.2 Competitive Scenario of Global Premium Furniture & Furnishings Market- By Distribution Channel
6.3 By Offline, By Value (USD Million), 2016-2026
6.4 By Online, By Value (USD Million), 2016-2026

7. Global Premium Furniture & Furnishings Market by End Use
7.1 Global Premium Furniture & Furnishings Market by End Use
7.2 Competitive Scenario of Global Premium Furniture & Furnishings Market- by End Use
7.3 by Residential, by Value (USD Million), 2016-2026
7.4 by Commercial, by Value (USD Million), 2016-2026

8. North America Premium Furniture & Furnishings Market: An Analysis (2016-2026)
8.1 North America Premium Furniture & Furnishings Market by value: Size and Forecast (2016-2026)
8.2 North America Prominent Companies
8.3 Market Segmentation by Product (Furniture, Housewares, Textiles, Lighting, Other)
8.4 Market Segmentation by Distribution Channel (Offline, Online)
8.5 Market Segmentation by End Use (Residential, Commercial)
8.6 North America Premium Furniture & Furnishings Market: Country Analysis
8.7 Market Opportunity Chart of North America Premium Furniture & Furnishings Market - by Country, by Value (Year-2026)
8.8 Competitive Scenario of North America Premium Furniture & Furnishings Market- by Country
8.9 United States Premium Furniture & Furnishings Market: Size and Forecast (2016-2026)
8.10 United States Premium Furniture & Furnishings Market by Product, Distribution Channel, End Use
8.11 Canada Premium Furniture & Furnishings Market: Size and Forecast (2016-2026)
8.12 Canada Premium Furniture & Furnishings Market Segmentation by Product, Distribution Channel, End Use

9. Europe Premium Furniture & Furnishings Market: An Analysis
9.1 Europe Premium Furniture & Furnishings Market by value: Size and Forecast (2016-2026)
9.2 Europe Premium Furniture & Furnishings: Prominent Companies
9.3 Market Segmentation by Product (Furniture, Housewares, Textiles, Lighting, Other)
9.4 Market Segmentation by Distribution Channel (Offline, Online)
9.5 Market Segmentation by End Use (Residential, Commercial)
9.6 Market Opportunity Chart of Europe Premium Furniture & Furnishings Market - by Country, by Value (Year-2026)
9.7 Competitive Scenario of Europe Premium Furniture & Furnishings Market- by Country
9.8 United Kingdom Premium Furniture & Furnishings Market: Size and Forecast (2016-2026)
9.9 United Kingdom Premium Furniture & Furnishings Market by Product, Distribution Channel, End Use
9.10 Germany Premium Furniture & Furnishings Market: Size and Forecast (2016-2026)
9.11 Germany Premium Furniture & Furnishings Market by Product, Distribution Channel, End Use
9.12 Italy Premium Furniture & Furnishings Market: Size and Forecast (2016-2026)
9.13 Italy Premium Furniture & Furnishings Market by Product, Distribution Channel, End Use
9.14 France Premium Furniture & Furnishings Market: Size and Forecast (2016-2026)
9.15 France Premium Furniture & Furnishings Market Segmentation by Product, Distribution Channel, End Use

10. Asia Pacific Premium Furniture & Furnishings Market: An Analysis (2016-2026)
10.1 APAC Premium Furniture & Furnishings Market by value: Size and Forecast (2016-2026)
10.2 APAC Premium Furniture & Furnishings: Prominent Companies
10.3 Market Segmentation by Product (Furniture, Housewares, Textiles, Lighting, Other)
10.4 Market Segmentation by Distribution Channel (Offline, Online)
10.5 Market Segmentation by End Use (Residential, Commercial)
10.6 APAC Premium Furniture & Furnishings Market: Country Analysis
10.7 Market Opportunity Chart of Asia Pacific Premium Furniture & Furnishings Market - by Country, by Value (Year-2026)
10.8 Competitive Scenario of Asia Pacific Premium Furniture & Furnishings Market- by Country (2020 & 2026)
10.9 China Premium Furniture & Furnishings Market: Size and Forecast (2016-2026)
10.10 China Premium Furniture & Furnishings Segmentation by Product, Distribution Channel, End Use
10.11 Japan Premium Furniture & Furnishings Market: Size and Forecast (2016-2026)
10.12 Japan Premium Furniture & Furnishings Market Segmentation by Product, Distribution Channel, End Use
10.13 India Premium Furniture & Furnishings Market: Size and Forecast (2016-2026)
10.14 India Premium Furniture & Furnishings Market Segmentation by Product, Distribution Channel, End Use
10.15 Australia Premium Furniture & Furnishings Market: Size and Forecast (2016-2026)
10.16 Australia Premium Furniture & Furnishings Market Segmentation by Product, Distribution Channel, End Use

11. Global Premium Furniture & Furnishings Market Dynamics
11.1 Global Premium Furniture & Furnishings Market Drivers
11.2 Global Premium Furniture & Furnishings Market Restraints
11.3 Global Premium Furniture & Furnishings Market Trends

12. Market Attractiveness and Strategic Analysis
12.1 Market Attractiveness Chart of Global Premium Furniture & Furnishings - by Product (Year 2026)
12.2 Market Attractiveness Chart of Global Premium Furniture & Furnishings - by Distribution Channel (Year 2026)
12.3 Market Attractiveness Chart of Global Premium Furniture & Furnishings - by End Use (Year 2026)
12.4 Market Attractiveness Chart of Global Premium Furniture & Furnishings - by Region (Year 2026)

13. Competitive Landscape
13.1 Market Share of global leading companies
13.2 SWOT Analysis- Global Premium Furniture & Furnishings Market
13.3 Porter Five Forces Analysis-Global Premium Furniture & Furnishings Market

14. Company Profiles (Business Description, Financial Analysis, Business Strategy)
14.1 Herman Miller
14.2 HNI Corporation
14.3 Okamura Corporation
14.4 Kimball International Inc.
14.5 Ralph Lauren Corporation
14.6 Basett Furniture Industries Inc.
14.7 Steelcase Inc.
14.8 La-Z-Boy
14.9 Grayson Luxury
14.10 Haworth Inc.

15. About the Publisher

List of Figures
  • Global Premium Furniture & Furnishings Market Size, by Value, 2016-2026 (USD Million)
  • Urban Population (% of total) 2016-2020
  • Global GDP per Capita (current USD) 2015-2019
  • Global Individuals using internet (2015-2019) (% of total population)
  • World Population Share by Region (2020)
  • Global Premium Furniture & Furnishings Market- by Product Market Share, 2020 & 2026
  • Global Premium Furniture & Furnishings Market- by Furniture, by Value (USD Million), 2016-2026
  • Global Premium Furniture & Furnishings Market- by Housewares, by Value (USD Million), 2016-2026
  • Global Premium Furniture & Furnishings Market- by Textiles, by Value (USD Million), 2016-2026
  • Global Premium Furniture & Furnishings Market- by Lighting, by Value (USD Million), 2016-2026
  • Global Premium Furniture & Furnishings Market- by Other, by Value (USD Million), 2016-2026
  • Global Premium Furniture & Furnishings Market- by Distribution Channel, Market Share, 2020 & 2026
  • Global Premium Furniture & Furnishings Market- by Offline, (USD Million), 2016-2026
  • Global Premium Furniture & Furnishings Market- by Online, (USD Million), 2016-2026
  • Global Premium Furniture & Furnishings Market- by End Use, Market Share, 2020 & 2026
  • Global Premium Furniture & Furnishings Market- by Residential, (USD Million), 2016-2026
  • Global Premium Furniture & Furnishings Market- by Commercial, (USD Million), 2016-2026
  • Global Premium Furniture & Furnishings Market- by Region Market Share, 2020 & 2026
  • North America Premium Furniture & Furnishings Market Size, by Value, 2016-2026 (USD Million)
  • North America Urban Population (% of Total) (2016-2020)
  • North America Per Capita GDP (USD Thousand) 2015-2019
  • Market Share of Leading Companies in North America Premium Furniture & Furnishings Market (%), 2020
  • North America Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • North America Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • North America Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Market Opportunity Chart of North America Premium Furniture & Furnishings Market- by Country, by Value (Year-2026)
  • North America Premium Furniture & Furnishings Market- by Country Market Share, 2020 & 2026
  • United States Premium Furniture & Furnishings Market Size, by Value, 2016-2026 (USD Million)
  • US GDP Per Capita (current USD) 2016-2020
  • US Urban Population (% of total) 2016-2020
  • United States Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • United States Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • United States Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Canada Premium Furniture & Furnishings Market Size, by Value, 2016-2026 (USD Million)
  • Canada Per capita (USD thousand),2016-2020
  • Canada Urban Population (% of total), 2016-2020
  • Canada Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • Canada Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • Canada Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Europe Premium Furniture & Furnishings Size, by Value, 2016-2026 (USD Million)
  • European Union GDP Per capita (2016-2020) in USD Thousands
  • European Urban Population (% of total) (2016-2020)
  • Europe Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • Europe Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • Europe Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Market Opportunity Chart of Europe Premium Furniture & Furnishings Market- by Country, by Value (Year-2026)
  • Europe Premium Furniture & Furnishings Market- by Country Market Share, 2020 & 2026
  • United Kingdom Premium Furniture & Furnishings Market Size, by Value, 2016-2026 (USD Million)
  • United Kingdom Per Capita GDP (Current USD Thousand), 2016-2020
  • UK Urban Population 2016-2020 (% of total)
  • United Kingdom Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • United Kingdom Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • United Kingdom Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Germany Premium Furniture & Furnishings Market Size, by Value, 2016-2026 (USD Million)
  • Germany Urban Population (% of total) (2016-2020)
  • Internet Access in Germany (% of total) (2016-2020)
  • Germany Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • Germany Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • Germany Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Italy Premium Furniture & Furnishings Market Size, by Value, 2016-2026 (USD Million)
  • Italy Urban Population (% of total)2016-2020
  • Internet Access in Italy (% of total) (2016-2020)
  • Italy Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • Italy Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • Italy Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • France Premium Furniture & Furnishings Size, by Value, 2016-2026 (USD Million)
  • France Urban Population (% of total) 2016-2020
  • Internet Access in France (% of total) (2015-2019)
  • France Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • France Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • France Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Asia Pacific Premium Furniture & Furnishings Size, by Value, 2016-2026 (USD Million)
  • East Asia & Pacific GDP (Current USD Trillion) 2016-2020
  • East Asia & Pacific Urban Population (2016-2020) (% of total)
  • Asia-Pacific Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • Asia-Pacific Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • Asia-Pacific Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Market Opportunity Chart of APAC Premium Furniture & Furnishings Market- by Country, by Value (Year-2026)
  • APAC Premium Furniture & Furnishings Market- by Country Market Share, 2020 & 2026
  • China Premium Furniture & Furnishings Market Size, by Value, 2016-2026 (USD Million)
  • China GDP Per Capita (Current USD Thousand) 2016-2020
  • China Urban Population (2016-2020) (% of total)
  • China Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • China Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • China Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Japan Premium Furniture & Furnishings Market Size, by Value, 2016-2026 (USD Million)
  • Japan Urban Population (2016-2020) (% of total)
  • Internet Users in Japan (% of total) (2016-2020)
  • Japan Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • Japan Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • Japan Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • India Premium Furniture & Furnishings Size, by Value, 2016-2026 (USD Million)
  • India Urban Population (2016-2020) (% of total)
  • India GDP Per Capita (in USD thousands) 2015-2019
  • India Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • India Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • India Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Australia Premium Furniture & Furnishings Size, by Value, 2016-2026 (USD Million)
  • Number of Internet Users in Australia (in millions) (2016-2020)
  • Australia Urban Population (2016-2020) (% of total)
  • Australia Premium Furniture & Furnishings Market- by Product, by Value (USD Million), 2016-2026
  • Australia Premium Furniture & Furnishings Market- by Distribution Channel, by Value (USD Million), 2016-2026
  • Australia Premium Furniture & Furnishings Market- by End Use, by Value (USD Million), 2016-2026
  • Market Attractiveness Chart of Global Premium Furniture & Furnishings Market- by Product (Year-2026)
  • Market Attractiveness Chart of Global Premium Furniture & Furnishings Market- by Distribution Channel
  • Market Attractiveness Chart of Global Premium Furniture & Furnishings Market- by End Use (Year-2026)
  • Market Attractiveness Chart of Global Premium Furniture & Furnishings- by Region (Year-2026)
  • Market Share of Leading Companies in Global Premium Furniture & Furnishings Market (%), 2020
  • Herman Miller Company, Sales Revenues, 2016-2020 (USD Million)
  • Herman Miller Company, Net Earning, 2016-2020 (USD Million)
  • Herman Miller Company, Revenues, by Business Segment (%), FY2020
  • Herman Miller Company, Revenues, by Business Segment (%), FY2019
  • HNI Corporation, Sales Revenues, 2016-2020 (USD Million)
  • HNI Corporation, Net Earning, 2016-2020 (USD Million)
  • HNI Corporation, Revenues, by Geographical Segment (%), FY2020
  • HNI Corporation, Revenues, by Geographical Segment (%), FY2019
  • Okamura Corporation, Company Sales Revenues, 2016-2020 (USD Million)
  • Okamura Corporation, Net Income, 2016-2020 (USD Million)
  • Okamura Corporation, Revenues, by Business Segment (%), FY2020
  • Okamura Corporation, Revenues, by Business Segment (%), FY2019
  • Kimball International Inc., Sales Revenues, 2016-2020 (USD Million)
  • Kimball International Inc., Net Income, 2016-2020 (USD Million)
  • Kimball International Inc., Revenues, by Geographical Segment (%), FY2020
  • Kimball International Inc, Revenues, by Geographical Segment (%), FY2019
  • Ralph Lauren Corporation, Sales Revenues, 2016-2020 (USD Million)
  • Ralph Lauren Corporation, Net Earnings, 2016-2020 (USD Million)
  • Ralph Lauren Corporation, sales Revenues, by Business Segment (%), FY2020
  • Ralph Lauren Corporation, sales Revenue, by Business Segment (%), FY2019
  • Basett Furniture Industries Inc., Sales Revenues, 2016-2020 (USD Million)
  • Basett Furniture Industries Inc., Net Profit, 2016-2020 (USD Million)
  • Basett Furniture Industries Inc., Revenues, by Business Segment (%), FY2020
  • Basett Furniture Industries Inc., Revenues, by Business Segment (%), FY2020
  • Steelcase Inc., Sales Revenues, 2016-2020 (USD Million)
  • Steelcase Inc., Net Profit, 2016-2020 (USD Million)
  • Steelcase Inc., Revenues, by Business Segment (%), FY2020
  • Steelcase Inc., Revenues, by Business Segment (%), FY2019
  • La-Z-Boy, Sales Revenues, 2016-2020 (USD Million)
  • La-Z-Boy, Net Profit, 2016-2020 (USD Million)
  • La-Z-Boy, Revenues, by Business Segment (%), FY2020
  • La-Z-Boy, Revenues, by Business Segment (%), FY2019
Note: Product cover images may vary from those shown

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