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Luxury Furniture Market in APAC 2022-2026

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    Report

  • 120 Pages
  • March 2022
  • Region: Asia Pacific
  • TechNavio
  • ID: 5561338
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The publisher has been monitoring the luxury furniture market in APAC and it is poised to grow by $2.00 bn during 2022-2026 progressing at a CAGR of 5.38% during the forecast period. The report on the luxury furniture market in APAC provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing influence of different retailing channels and the rising popularity of multifunctional luxury furniture.

The luxury furniture market in APAC analysis includes distribution channel and application segments.

The luxury furniture market in APAC is segmented as below:


By Distribution Channel


  • Offline
  • Online

By Application


  • Residential
  • Commercial

This study identifies the increasing number of new luxury furniture showroom launches as one of the prime reasons driving the luxury furniture market growth in APAC during the next few years.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The report on luxury furniture market in APAC covers the following areas:
  • Luxury furniture market sizing
  • Luxury furniture market forecast
  • Luxury furniture market industry analysis

The publisher's 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 market vendors in APAC that include DBJ Furniture Ltd., Dynamic Furniture Industries (M) Sdn Bhd, Falcon Inc. PTE Ltd., Inter IKEA Holding BV, Kovacs Design Furniture, McMichael Furniture, Shanghai JL and C Furniture Co. Ltd., VALDERAMOBILI srl, Wegmans Furniture Industries Sdn Bhd, and Wisanka Indonesia. Also, the luxury furniture market in APAC analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1. Executive Summary
1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key Finding 2
Exhibit 03: Key Finding 5
Exhibit 04: Key Finding 6
Exhibit 05: Key Finding 7
Exhibit 06: Key Finding 8
2. Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market characteristics
2.2 Value chain analysis
Exhibit 09: Value chain analysis: Home furnishings
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Service
2.2.7 Support activities
2.2.8 Innovation
3. Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
Exhibit 12: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibit 13: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 14: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 15: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 16: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 17: Threat of new entrants
4.5 Threat of substitutes
Exhibit 18: Threat of substitutes
4.6 Threat of rivalry
Exhibit 19: Threat of rivalry
4.7 Market condition
Exhibit 20: Market condition - Five forces 2021
5 Market Segmentation by Application
5.1 Market segments
Exhibit 21: Application - Market share 2021-2026 (%)
5.2 Comparison by Application
Exhibit 22: Comparison by Application
5.3 Residential - Market size and forecast 2021-2026
Exhibit 23: Residential - Market size and forecast 2021-2026 ($ million)
Exhibit 24: Residential - Year-over-year growth 2021-2026 (%)
5.4 Commercial - Market size and forecast 2021-2026
Exhibit 25: Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 26: Commercial - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Application
Exhibit 27: Market opportunity by Application
6 Market Segmentation by Distribution Channel
6.1 Market segments
Exhibit 28: Distribution Channel - Market share 2021-2026 (%)
6.2 Comparison by Distribution Channel
Exhibit 29: Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2021-2026
Exhibit 30: Offline - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Offline - Year-over-year growth 2021-2026 (%)
6.4 Online - Market size and forecast 2021-2026
Exhibit 32: Online - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Online - Year-over-year growth 2021-2026 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 34: Market opportunity by Distribution Channel
7. Customer landscape
7.1 Overview
  • The publisher's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 35: Customer landscape
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Growing influence of different retailing channels
8.1.2 Rising popularity of multifunctional luxury furniture
8.1.3 Increasing number of new luxury furniture showroom launches
8.2 Market challenges
8.2.1 Frequent product recalls
8.2.2 Unstable prices of raw materials
8.2.3 Stringent regulations related to luxury furniture
Exhibit 36: Impact of drivers and challenges
8.3 Market trends
8.3.1 Growth in demand for luxury furniture among millennials
8.3.2 Growing Demand for Luxury Home Furniture Products through E-commerce
8.3.3 Technological innovations
9. Vendor Landscape
9.1 Overview
Exhibit 37: Vendor landscape
9.2 Vendor Disruption
Exhibit 38: Landscape disruption
Exhibit 39: Industry risks
9.3 Competitive Scenario
10. Vendor Analysis
10.1 Vendors covered
Exhibit 40: Vendors covered
10.2 Market positioning of vendors
Exhibit 41: Market positioning of vendors
10.3 DBJ Furniture Ltd.
Exhibit 42: DBJ Furniture Ltd. - Overview
Exhibit 43: DBJ Furniture Ltd. - Product and service
Exhibit 44: DBJ Furniture Ltd. - Key offerings
10.4 Dynamic Furniture Industries (M) Sdn Bhd
Exhibit 45: Dynamic Furniture Industries (M) Sdn Bhd - Overview
Exhibit 46: Dynamic Furniture Industries (M) Sdn Bhd - Product and service
Exhibit 47: Dynamic Furniture Industries (M) Sdn Bhd - Key offerings
10.5 Falcon Inc. PTE Ltd.
Exhibit 48: Falcon Inc. PTE Ltd. - Overview
Exhibit 49: Falcon Inc. PTE Ltd. - Product and service
Exhibit 50: Falcon Inc. PTE Ltd. - Key offerings
10.6 Inter IKEA Holding BV
Exhibit 51: Inter IKEA Holding BV - Overview
Exhibit 52: Inter IKEA Holding BV - Product and service
Exhibit 53: Inter IKEA Holding BV - Key news
Exhibit 54: Inter IKEA Holding BV - Key offerings
10.7 Kovacs Design Furniture
Exhibit 55: Kovacs Design Furniture - Overview
Exhibit 56: Kovacs Design Furniture - Product and service
Exhibit 57: Kovacs Design Furniture - Key offerings
10.8 McMichael Furniture
Exhibit 58: McMichael Furniture - Overview
Exhibit 59: McMichael Furniture - Product and service
Exhibit 60: McMichael Furniture - Key offerings
10.9 Shanghai JL and C Furniture Co. Ltd.
Exhibit 61: Shanghai JL and C Furniture Co. Ltd. - Overview
Exhibit 62: Shanghai JL and C Furniture Co. Ltd. - Product and service
Exhibit 63: Shanghai JL and C Furniture Co. Ltd. - Key offerings
10.10 VALDERAMOBILI srl
Exhibit 64: VALDERAMOBILI srl - Overview
Exhibit 65: VALDERAMOBILI srl - Product and service
Exhibit 66: VALDERAMOBILI srl - Key offerings
10.11 Wegmans Furniture Industries Sdn Bhd
Exhibit 67: Wegmans Furniture Industries Sdn Bhd - Overview
Exhibit 68: Wegmans Furniture Industries Sdn Bhd - Product and service
Exhibit 69: Wegmans Furniture Industries Sdn Bhd - Key offerings
10.12 Wisanka Indonesia
Exhibit 70: Wisanka Indonesia - Overview
Exhibit 71: Wisanka Indonesia - Product and service
Exhibit 72: Wisanka Indonesia - Key offerings
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 73: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 74: Research Methodology
Exhibit 75: Validation techniques employed for market sizing
Exhibit 76: Information sources
11.4 List of abbreviations
Exhibit 77: List of abbreviations
List of Exhibits
Exhibit 1: Key Finding 1
Exhibit 2: Key Finding 2
Exhibit 3: Key Finding 3
Exhibit 4: Key Finding 5
Exhibit 5: Key Finding 6
Exhibit 6: Key Finding 7
Exhibit 7: Key Finding 8
Exhibit 8: Parent market
Exhibit 9: Market characteristics
Exhibit 10: Offerings of vendors included in the market definition
Exhibit 11: Market segments
Exhibit 12: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibit 13: Global market: Year-over-year growth 2021 - 2026 (%)
Exhibit 14: Five forces analysis 2021 & 2026
Exhibit 15: Bargaining power of buyers
Exhibit 16: Bargaining power of suppliers
Exhibit 17: Threat of new entrants
Exhibit 18: Threat of substitutes
Exhibit 19: Threat of rivalry
Exhibit 20: Market condition - Five forces 2021
Exhibit 21: Application - Market share 2021-2026 (%)
Exhibit 22: Comparison by Application
Exhibit 23: Residential - Market size and forecast 2021-2026 ($ million)
Exhibit 24: Residential - Year-over-year growth 2021-2026 (%)
Exhibit 25: Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 26: Commercial - Year-over-year growth 2021-2026 (%)
Exhibit 27: Market opportunity by Application
Exhibit 28: Distribution channel - Market share 2021-2026 (%)
Exhibit 29: Comparison by Distribution channel
Exhibit 30: Offline - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Offline - Year-over-year growth 2021-2026 (%)
Exhibit 32: Online - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Online - Year-over-year growth 2021-2026 (%)
Exhibit 34: Market opportunity by Distribution channel
Exhibit 35: Customer landscape
Exhibit 36: Impact of drivers and challenges
Exhibit 37: Vendor landscape
Exhibit 38: Landscape disruption
Exhibit 39: Industry risks
Exhibit 40: Vendors covered
Exhibit 41: Market positioning of vendors
Exhibit 42: DBJ Furniture Ltd. - Overview
Exhibit 43: DBJ Furniture Ltd. - Product and service
Exhibit 44: DBJ Furniture Ltd. - Key offerings
Exhibit 45: DBJ Furniture Ltd. - Key customers
Exhibit 46: DBJ Furniture Ltd. - Segment focus
Exhibit 47: Dynamic Furniture Industries (M) Sdn Bhd - Overview
Exhibit 48: Dynamic Furniture Industries (M) Sdn Bhd - Product and service
Exhibit 49: Dynamic Furniture Industries (M) Sdn Bhd - Key offerings
Exhibit 50: Dynamic Furniture Industries (M) Sdn Bhd - Key customers
Exhibit 51: Dynamic Furniture Industries (M) Sdn Bhd - Segment focus
Exhibit 52: Falcon Inc. PTE Ltd. - Overview
Exhibit 53: Falcon Inc. PTE Ltd. - Product and service
Exhibit 54: Falcon Inc. PTE Ltd. - Key offerings
Exhibit 55: Falcon Inc. PTE Ltd. - Key customers
Exhibit 56: Falcon Inc. PTE Ltd. - Segment focus
Exhibit 57: Inter IKEA Holding BV - Overview
Exhibit 58: Inter IKEA Holding BV - Product and service
Exhibit 59: Inter IKEA Holding BV - Key offerings
Exhibit 60: Inter IKEA Holding BV - Key customers
Exhibit 61: Inter IKEA Holding BV - Segment focus
Exhibit 62: Kovacs Design Furniture - Overview
Exhibit 63: Kovacs Design Furniture - Product and service
Exhibit 64: Kovacs Design Furniture - Key offerings
Exhibit 65: Kovacs Design Furniture - Key customers
Exhibit 66: Kovacs Design Furniture - Segment focus
Exhibit 67: McMichael Furniture - Overview
Exhibit 68: McMichael Furniture - Product and service
Exhibit 69: McMichael Furniture - Key offerings
Exhibit 70: McMichael Furniture - Key customers
Exhibit 71: McMichael Furniture - Segment focus
Exhibit 72: Shanghai JL and C Furniture Co. Ltd. - Overview
Exhibit 73: Shanghai JL and C Furniture Co. Ltd. - Product and service
Exhibit 74: Shanghai JL and C Furniture Co. Ltd. - Key offerings
Exhibit 75: Shanghai JL and C Furniture Co. Ltd. - Key customers
Exhibit 76: Shanghai JL and C Furniture Co. Ltd. - Segment focus
Exhibit 77: VALDERAMOBILI srl - Overview
Exhibit 78: VALDERAMOBILI srl - Product and service
Exhibit 79: VALDERAMOBILI srl - Key offerings
Exhibit 80: VALDERAMOBILI srl - Key customers
Exhibit 81: VALDERAMOBILI srl - Segment focus
Exhibit 82: Wegmans Furniture Industries Sdn Bhd - Overview
Exhibit 83: Wegmans Furniture Industries Sdn Bhd - Product and service
Exhibit 84: Wegmans Furniture Industries Sdn Bhd - Key offerings
Exhibit 85: Wegmans Furniture Industries Sdn Bhd - Key customers
Exhibit 86: Wegmans Furniture Industries Sdn Bhd - Segment focus
Exhibit 87: Wisanka Indonesia - Overview
Exhibit 88: Wisanka Indonesia - Product and service
Exhibit 89: Wisanka Indonesia - Key offerings
Exhibit 90: Wisanka Indonesia - Key customers
Exhibit 91: Wisanka Indonesia - Segment focus
Exhibit 92: Currency conversion rates for US$
Exhibit 93: Research Methodology
Exhibit 94: Validation techniques employed for market sizing
Exhibit 95: Information sources
Exhibit 96: List of abbreviations

Executive Summary

The publisher announces the Publication of its Research Report - Luxury Furniture Market in APAC 2022-2026

The publisher recognizes the following companies as the key players in the luxury furniture market in APAC: DBJ Furniture Ltd., Dynamic Furniture Industries (M) Sdn Bhd, Falcon Inc. PTE Ltd., Inter IKEA Holding BV, Kovacs Design Furniture, McMichael Furniture, Shanghai JL and C Furniture Co. Ltd., VALDERAMOBILI srl, Wegmans Furniture Industries Sdn Bhd, and Wisanka Indonesia.

Commenting on the report, an analyst from the publisher said: 'The latest trend gaining momentum in the market is increasing number of new luxury furniture showroom launches.'

According to the report, one of the major drivers for this market is the growing influence of different retailing channels.

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.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • DBJ Furniture Ltd.
  • Dynamic Furniture Industries (M) Sdn Bhd
  • Falcon Inc. PTE Ltd.
  • Inter IKEA Holding BV
  • Kovacs Design Furniture
  • McMichael Furniture
  • Shanghai JL and C Furniture Co. Ltd.
  • VALDERAMOBILI srl
  • Wegmans Furniture Industries Sdn Bhd
  • Wisanka Indonesia