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Luxury Furniture Market By Material, By End Use, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020-2031

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    Report

  • 192 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640553
UP TO OFF until Oct 24th 2024
Luxury furniture enhances the work & living environment and improves the aesthetic value of indoor & outdoor spaces in houses, hotels, and offices. Growth and development in the real estate industry drives the global luxury furniture market. Increase in disposable incomes, globalization, and considerable increase in urban population across developing countries boost the market growth. Eco-friendly luxury furniture is expected to witness higher growth during the forecast period due to the growth in eco-friendly approach of consumers. In addition, growth in online retailing would have a positive impact on the market. However, lack of skilled labor and increase in cost of raw materials are the major challenges for the market. Conversely, improvement in life style and increase in disposable income provide significant opportunities for the market growth.

Rise in penetration of various online portals in developing regions and increase in number of offers & discounts attract consumers to purchase luxury furniture products through e-commerce channels. Moreover, e-commerce channels have increased consumer reach, owing to which it has evolved as a key source of revenue for many companies. Furthermore, the e-commerce industry is expected to expand in future, owing to rapid growth in mobile users in developing markets. Increase in e-commerce sales, improvement in logistics services, ease in payment options, and facility to enter in new international markets for major brands boost growth of the luxury furniture market. However, recent outbreak of coronavirus has significantly impacted the luxury furniture industry along with all stages of supply chain and value chain. It has affected consumer behavior with regard to purchasing luxury furniture across the globe.

The luxury furniture market is segmented into material, end use, distribution channel, and region. Depending on material, the market is classified into metal, wood, plastic, glass, leather, and others. According to end use, it is divided into domestic use and commercial use. As per the distribution channel, it is classified into online and offline. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia & New Zealand, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

The report includes comprehensive analysis of the key players in the luxury furniture market, such Duresta Upholstery Ltd., Muebles Pico, Valderamobili, Giovanni Visentin, Scavolini, Laura Ashley Holding Plc, Iola Furniture Ltd., Nella Vetrina, Henredon Furniture Industries Inc., and Turri S.r.l.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the luxury furniture market analysis from 2020 to 2031 to identify the prevailing market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and luxury furniture market opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the luxury furniture market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market industry.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global luxury furniture market trends, key players, market segments, application areas, and luxury furniture market growth strategies.

Key Market Segments


By Material

  • Others
  • Metal
  • Wood
  • Plastic
  • Glass
  • Leathers

By End Use

  • Domestic Use
  • Commercial Use

By DISTRIBUTION CHANNEL

  • Online
  • Offline

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia And New Zealand
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Turkey
  • South Africa
  • Saudi Arabia
  • Rest of LAMEA

Key Market Players

  • Duresta Upholstery Ltd.
  • Muebles Pico
  • Valderamobili
  • Giovanni Visentin
  • Scavolini
  • Laura Ashley Holding Plc
  • Iola Furniture Ltd.
  • Nella Vetrina
  • Henredon Furniture Industries Inc.
  • Turri S.r.l.

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: LUXURY FURNITURE MARKET, BY MATERIAL
4.1 Overview
4.1.1 Market size and forecast
4.2 Metal
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Wood
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Plastic
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Glass
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Leathers
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country
4.7 Others
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market analysis by country
CHAPTER 5: LUXURY FURNITURE MARKET, BY END USE
5.1 Overview
5.1.1 Market size and forecast
5.2 Domestic Use
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Commercial Use
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: LUXURY FURNITURE MARKET, BY DISTRIBUTION CHANNEL
6.1 Overview
6.1.1 Market size and forecast
6.2 Online
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Offline
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: LUXURY FURNITURE MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Material
7.2.3 North America Market size and forecast, by End Use
7.2.4 North America Market size and forecast, by Distribution Channel
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Material
7.2.5.1.2 Market size and forecast, by End Use
7.2.5.1.3 Market size and forecast, by Distribution Channel
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Material
7.2.5.2.2 Market size and forecast, by End Use
7.2.5.2.3 Market size and forecast, by Distribution Channel
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Material
7.2.5.3.2 Market size and forecast, by End Use
7.2.5.3.3 Market size and forecast, by Distribution Channel
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Material
7.3.3 Europe Market size and forecast, by End Use
7.3.4 Europe Market size and forecast, by Distribution Channel
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Material
7.3.5.1.2 Market size and forecast, by End Use
7.3.5.1.3 Market size and forecast, by Distribution Channel
7.3.5.2 U.K.
7.3.5.2.1 Market size and forecast, by Material
7.3.5.2.2 Market size and forecast, by End Use
7.3.5.2.3 Market size and forecast, by Distribution Channel
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Material
7.3.5.3.2 Market size and forecast, by End Use
7.3.5.3.3 Market size and forecast, by Distribution Channel
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Material
7.3.5.4.2 Market size and forecast, by End Use
7.3.5.4.3 Market size and forecast, by Distribution Channel
7.3.5.5 Spain
7.3.5.5.1 Market size and forecast, by Material
7.3.5.5.2 Market size and forecast, by End Use
7.3.5.5.3 Market size and forecast, by Distribution Channel
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Material
7.3.5.6.2 Market size and forecast, by End Use
7.3.5.6.3 Market size and forecast, by Distribution Channel
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Material
7.4.3 Asia-Pacific Market size and forecast, by End Use
7.4.4 Asia-Pacific Market size and forecast, by Distribution Channel
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Material
7.4.5.1.2 Market size and forecast, by End Use
7.4.5.1.3 Market size and forecast, by Distribution Channel
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Material
7.4.5.2.2 Market size and forecast, by End Use
7.4.5.2.3 Market size and forecast, by Distribution Channel
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Material
7.4.5.3.2 Market size and forecast, by End Use
7.4.5.3.3 Market size and forecast, by Distribution Channel
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Material
7.4.5.4.2 Market size and forecast, by End Use
7.4.5.4.3 Market size and forecast, by Distribution Channel
7.4.5.5 Australia And New Zealand
7.4.5.5.1 Market size and forecast, by Material
7.4.5.5.2 Market size and forecast, by End Use
7.4.5.5.3 Market size and forecast, by Distribution Channel
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Material
7.4.5.6.2 Market size and forecast, by End Use
7.4.5.6.3 Market size and forecast, by Distribution Channel
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Material
7.5.3 LAMEA Market size and forecast, by End Use
7.5.4 LAMEA Market size and forecast, by Distribution Channel
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Material
7.5.5.1.2 Market size and forecast, by End Use
7.5.5.1.3 Market size and forecast, by Distribution Channel
7.5.5.2 Turkey
7.5.5.2.1 Market size and forecast, by Material
7.5.5.2.2 Market size and forecast, by End Use
7.5.5.2.3 Market size and forecast, by Distribution Channel
7.5.5.3 South Africa
7.5.5.3.1 Market size and forecast, by Material
7.5.5.3.2 Market size and forecast, by End Use
7.5.5.3.3 Market size and forecast, by Distribution Channel
7.5.5.4 Saudi Arabia
7.5.5.4.1 Market size and forecast, by Material
7.5.5.4.2 Market size and forecast, by End Use
7.5.5.4.3 Market size and forecast, by Distribution Channel
7.5.5.5 Rest of LAMEA
7.5.5.5.1 Market size and forecast, by Material
7.5.5.5.2 Market size and forecast, by End Use
7.5.5.5.3 Market size and forecast, by Distribution Channel
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Duresta Upholstery Ltd.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Muebles Pico
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Valderamobili
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Giovanni Visentin
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Scavolini
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Laura Ashley Holding Plc
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Iola Furniture Ltd.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Nella Vetrina
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Henredon Furniture Industries Inc.
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Turri S.r.l.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Luxury Furniture Market, by Material, 2020-2031, ($Million)
Table 2. Luxury Furniture Market Revenue, for Metal, by Region, 2020-2031, ($Million)
Table 3. Luxury Furniture Market Metal by Country, 2020-2031, ($Million)
Table 4. Luxury Furniture Market Revenue, for Wood, by Region, 2020-2031, ($Million)
Table 5. Luxury Furniture Market Wood by Country, 2020-2031, ($Million)
Table 6. Luxury Furniture Market Revenue, for Plastic, by Region, 2020-2031, ($Million)
Table 7. Luxury Furniture Market Plastic by Country, 2020-2031, ($Million)
Table 8. Luxury Furniture Market Revenue, for Glass, by Region, 2020-2031, ($Million)
Table 9. Luxury Furniture Market Glass by Country, 2020-2031, ($Million)
Table 10. Luxury Furniture Market Revenue, for Leathers, by Region, 2020-2031, ($Million)
Table 11. Luxury Furniture Market Leathers by Country, 2020-2031, ($Million)
Table 12. Luxury Furniture Market Revenue, for Others, by Region, 2020-2031, ($Million)
Table 13. Luxury Furniture Market Others by Country, 2020-2031, ($Million)
Table 14. Global Luxury Furniture Market, by End Use, 2020-2031, ($Million)
Table 15. Luxury Furniture Market Revenue, for Domestic Use, by Region, 2020-2031, ($Million)
Table 16. Luxury Furniture Market Domestic Use by Country, 2020-2031, ($Million)
Table 17. Luxury Furniture Market Revenue, for Commercial Use, by Region, 2020-2031, ($Million)
Table 18. Luxury Furniture Market Commercial Use by Country, 2020-2031, ($Million)
Table 19. Global Luxury Furniture Market, by Distribution Channel, 2020-2031, ($Million)
Table 20. Luxury Furniture Market Revenue, for Online, by Region, 2020-2031, ($Million)
Table 21. Luxury Furniture Market Online by Country, 2020-2031, ($Million)
Table 22. Luxury Furniture Market Revenue, for Offline, by Region, 2020-2031, ($Million)
Table 23. Luxury Furniture Market Offline by Country, 2020-2031, ($Million)
Table 24. Luxury Furniture Market, by Region, 2020-2031, ($Million)
Table 25. North America Luxury Furniture Market, by Material, 2020-2031, ($Million)
Table 26. North America Luxury Furniture Market, by End Use, 2020-2031, ($Million)
Table 27. North America Luxury Furniture Market, by Distribution Channel, 2020-2031, ($Million)
Table 28. North America Luxury Furniture Market, by Country, 2020-2031, ($Million)
Table 29. U.S. Luxury Furniture Market by Material 2020-2031, ($Million)
Table 30. U.S. Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 31. U.S. Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 32. Canada Luxury Furniture Market by Material 2020-2031, ($Million)
Table 33. Canada Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 34. Canada Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 35. Mexico Luxury Furniture Market by Material 2020-2031, ($Million)
Table 36. Mexico Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 37. Mexico Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 38. Europe Luxury Furniture Market, by Material, 2020-2031, ($Million)
Table 39. Europe Luxury Furniture Market, by End Use, 2020-2031, ($Million)
Table 40. Europe Luxury Furniture Market, by Distribution Channel, 2020-2031, ($Million)
Table 41. Europe Luxury Furniture Market, by Country, 2020-2031, ($Million)
Table 42. Germany Luxury Furniture Market by Material 2020-2031, ($Million)
Table 43. Germany Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 44. Germany Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 45. U.K. Luxury Furniture Market by Material 2020-2031, ($Million)
Table 46. U.K. Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 47. U.K. Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 48. France Luxury Furniture Market by Material 2020-2031, ($Million)
Table 49. France Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 50. France Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 51. Italy Luxury Furniture Market by Material 2020-2031, ($Million)
Table 52. Italy Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 53. Italy Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 54. Spain Luxury Furniture Market by Material 2020-2031, ($Million)
Table 55. Spain Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 56. Spain Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 57. Rest of Europe Luxury Furniture Market by Material 2020-2031, ($Million)
Table 58. Rest of Europe Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 59. Rest of Europe Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 60. Asia-Pacific Luxury Furniture Market, by Material, 2020-2031, ($Million)
Table 61. Asia-Pacific Luxury Furniture Market, by End Use, 2020-2031, ($Million)
Table 62. Asia-Pacific Luxury Furniture Market, by Distribution Channel, 2020-2031, ($Million)
Table 63. Asia-Pacific Luxury Furniture Market, by Country, 2020-2031, ($Million)
Table 64. China Luxury Furniture Market by Material 2020-2031, ($Million)
Table 65. China Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 66. China Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 67. Japan Luxury Furniture Market by Material 2020-2031, ($Million)
Table 68. Japan Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 69. Japan Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 70. India Luxury Furniture Market by Material 2020-2031, ($Million)
Table 71. India Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 72. India Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 73. South Korea Luxury Furniture Market by Material 2020-2031, ($Million)
Table 74. South Korea Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 75. South Korea Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 76. Australia and New Zealand Luxury Furniture Market by Material 2020-2031, ($Million)
Table 77. Australia and New Zealand Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 78. Australia and New Zealand Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 79. Rest of Asia-Pacific Luxury Furniture Market by Material 2020-2031, ($Million)
Table 80. Rest of Asia-Pacific Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 81. Rest of Asia-Pacific Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 82. LAMEA Luxury Furniture Market, by Material, 2020-2031, ($Million)
Table 83. LAMEA Luxury Furniture Market, by End Use, 2020-2031, ($Million)
Table 84. LAMEA Luxury Furniture Market, by Distribution Channel, 2020-2031, ($Million)
Table 85. LAMEA Luxury Furniture Market, by Country, 2020-2031, ($Million)
Table 86. Brazil Luxury Furniture Market by Material 2020-2031, ($Million)
Table 87. Brazil Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 88. Brazil Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 89. Turkey Luxury Furniture Market by Material 2020-2031, ($Million)
Table 90. Turkey Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 91. Turkey Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 92. South Africa Luxury Furniture Market by Material 2020-2031, ($Million)
Table 93. South Africa Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 94. South Africa Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 95. Saudi Arabia Luxury Furniture Market by Material 2020-2031, ($Million)
Table 96. Saudi Arabia Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 97. Saudi Arabia Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 98. Rest of LAMEA Luxury Furniture Market by Material 2020-2031, ($Million)
Table 99. Rest of LAMEA Luxury Furniture Market by End Use 2020-2031, ($Million)
Table 100. Rest of LAMEA Luxury Furniture Market by Distribution Channel 2020-2031, ($Million)
Table 101. Duresta Upholstery Ltd.: Company Snapshot
Table 102. Duresta Upholstery Ltd.: Operating Segments
Table 103. Duresta Upholstery Ltd.: Product Portfolio
Table 104. Duresta Upholstery Ltd.: Net Sales
Table 105. Duresta Upholstery Ltd.: Key Stratergies
Table 106. Muebles Pico: Company Snapshot
Table 107. Muebles Pico: Operating Segments
Table 108. Muebles Pico: Product Portfolio
Table 109. Muebles Pico: Net Sales
Table 110. Muebles Pico: Key Stratergies
Table 111. Valderamobili: Company Snapshot
Table 112. Valderamobili: Operating Segments
Table 113. Valderamobili: Product Portfolio
Table 114. Valderamobili: Net Sales
Table 115. Valderamobili: Key Stratergies
Table 116. Giovanni Visentin: Company Snapshot
Table 117. Giovanni Visentin: Operating Segments
Table 118. Giovanni Visentin: Product Portfolio
Table 119. Giovanni Visentin: Net Sales
Table 120. Giovanni Visentin: Key Stratergies
Table 121. Scavolini: Company Snapshot
Table 122. Scavolini: Operating Segments
Table 123. Scavolini: Product Portfolio
Table 124. Scavolini: Net Sales
Table 125. Scavolini: Key Stratergies
Table 126. Laura Ashley Holding plc: Company Snapshot
Table 127. Laura Ashley Holding plc: Operating Segments
Table 128. Laura Ashley Holding plc: Product Portfolio
Table 129. Laura Ashley Holding plc: Net Sales
Table 130. Laura Ashley Holding plc: Key Stratergies
Table 131. Iola Furniture Ltd.: Company Snapshot
Table 132. Iola Furniture Ltd.: Operating Segments
Table 133. Iola Furniture Ltd.: Product Portfolio
Table 134. Iola Furniture Ltd.: Net Sales
Table 135. Iola Furniture Ltd.: Key Stratergies
Table 136. Nella Vetrina: Company Snapshot
Table 137. Nella Vetrina: Operating Segments
Table 138. Nella Vetrina: Product Portfolio
Table 139. Nella Vetrina: Net Sales
Table 140. Nella Vetrina: Key Stratergies
Table 141. Henredon Furniture Industries Inc.: Company Snapshot
Table 142. Henredon Furniture Industries Inc.: Operating Segments
Table 143. Henredon Furniture Industries Inc.: Product Portfolio
Table 144. Henredon Furniture Industries Inc.: Net Sales
Table 145. Henredon Furniture Industries Inc.: Key Stratergies
Table 146. Turri S.R.L.: Company Snapshot
Table 147. Turri S.R.L.: Operating Segments
Table 148. Turri S.R.L.: Product Portfolio
Table 149. Turri S.R.L.: Net Sales
Table 150. Turri S.R.L.: Key Stratergies
LIST OF FIGURES
Figure 1. Luxury Furniture Market Segmentation
Figure 2. Luxury Furniture Market, 2020-2031
Figure 3. Luxury Furniture Market, 2020-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Luxury Furniture Market:Drivers, Restraints and Opportunities
Figure 11. Luxury Furniture Market, by Material, 2020 (%)
Figure 12. Comparative Share Analysis of Metal Luxury Furniture Market, 2020-2031 (%)
Figure 13. Comparative Share Analysis of Wood Luxury Furniture Market, 2020-2031 (%)
Figure 14. Comparative Share Analysis of Plastic Luxury Furniture Market, 2020-2031 (%)
Figure 15. Comparative Share Analysis of Glass Luxury Furniture Market, 2020-2031 (%)
Figure 16. Comparative Share Analysis of Leathers Luxury Furniture Market, 2020-2031 (%)
Figure 17. Comparative Share Analysis of Others Luxury Furniture Market, 2020-2031 (%)
Figure 18. Luxury Furniture Market, by End Use, 2020 (%)
Figure 19. Comparative Share Analysis of Domestic Use Luxury Furniture Market, 2020-2031 (%)
Figure 20. Comparative Share Analysis of Commercial Use Luxury Furniture Market, 2020-2031 (%)
Figure 21. Luxury Furniture Market, by Distribution Channel, 2020 (%)
Figure 22. Comparative Share Analysis of Online Luxury Furniture Market, 2020-2031 (%)
Figure 23. Comparative Share Analysis of Offline Luxury Furniture Market, 2020-2031 (%)
Figure 24. Luxury Furniture Market by Region, 2020
Figure 25. U.S. Luxury Furniture Market, 2020-2031 ($Million)
Figure 26. Canada Luxury Furniture Market, 2020-2031 ($Million)
Figure 27. Mexico Luxury Furniture Market, 2020-2031 ($Million)
Figure 28. Germany Luxury Furniture Market, 2020-2031 ($Million)
Figure 29. U.K. Luxury Furniture Market, 2020-2031 ($Million)
Figure 30. France Luxury Furniture Market, 2020-2031 ($Million)
Figure 31. Italy Luxury Furniture Market, 2020-2031 ($Million)
Figure 32. Spain Luxury Furniture Market, 2020-2031 ($Million)
Figure 33. Rest of Europe Luxury Furniture Market, 2020-2031 ($Million)
Figure 34. China Luxury Furniture Market, 2020-2031 ($Million)
Figure 35. Japan Luxury Furniture Market, 2020-2031 ($Million)
Figure 36. India Luxury Furniture Market, 2020-2031 ($Million)
Figure 37. South Korea Luxury Furniture Market, 2020-2031 ($Million)
Figure 38. Australia and New Zealand Luxury Furniture Market, 2020-2031 ($Million)
Figure 39. Rest of Asia-Pacific Luxury Furniture Market, 2020-2031 ($Million)
Figure 40. Brazil Luxury Furniture Market, 2020-2031 ($Million)
Figure 41. Turkey Luxury Furniture Market, 2020-2031 ($Million)
Figure 42. South Africa Luxury Furniture Market, 2020-2031 ($Million)
Figure 43. Saudi Arabia Luxury Furniture Market, 2020-2031 ($Million)
Figure 44. Rest of LAMEA Luxury Furniture Market, 2020-2031 ($Million)
Figure 45. Top Winning Strategies, by Year
Figure 46. Top Winning Strategies, by Development
Figure 47. Top Winning Strategies, by Company
Figure 48. Product Mapping of Top 10 Players
Figure 49. Competitive Dashboard
Figure 50. Competitive Heatmap of Top 10 Key Players
Figure 51. Duresta Upholstery Ltd. Net Sales, ($Million)
Figure 52. Muebles Pico.: Net Sales, ($Million)
Figure 53. Valderamobili.: Net Sales, ($Million)
Figure 54. Giovanni Visentin.: Net Sales, ($Million)
Figure 55. Scavolini.: Net Sales, ($Million)
Figure 56. Laura Ashley Holding PLC.: Net Sales, ($Million)
Figure 57. Iola Furniture Ltd. Net Sales, ($Million)
Figure 58. Nella Vetrina.: Net Sales, ($Million)
Figure 59. Henredon Furniture Industries Inc. Net Sales, ($Million)
Figure 60. Turri S.R.L. Net Sales, ($Million)

Executive Summary

According to this report titled, 'Luxury Furniture Market,' the luxury furniture market size was valued at $23,771.90 million in 2020, and is estimated to reach $42,159.40 million by 2031, growing at a CAGR of 5.5% from 2022 to 2031. Growth in online mode of sale, rapid urbanization, and change in lifestyle, owing to increased disposable income of the consumers drive the luxury furniture market growth. In addition, development in Asia-Pacific and LAMEA is anticipated to create lucrative global luxury furniture market opportunities.

Demand for wood furniture is the highest in the global market. The glass furniture segment is expected to witness the fastest growth through 2020, catalyzed by its growing demand in the corporate and hospitality sector. The plastic furniture segment would grow at the gradual pace during the forecast period due to environmental concerns associated with plastic degradation and its lack of aesthetic value compared to other materials. Leather furniture segment would grow at a considerable pace; however, the growth of this segment would be restricted due to its limited use in sofas and ottomans. Additionally, stringent government regulations on the import of leather largely restrain the market growth of this segment. Eco-friendly furniture and multifunctional furniture have gained popularity over the years. Growth in environmental awareness and space constraints in urban regions are key factors that drive the adoption of these furniture types in the global luxury furniture market..

The domestic sector, evaluated at 67%, accounts for the largest share percentage in the global luxury furniture market. Furniture used in living rooms and bedrooms, hold the highest demand in the domestic sector. The commercial sector is a comparatively smaller market, which is primarily governed by the hospitality sector. Growth in the hospitality and tourism sector globally exhibits a dynamic market for luxury furniture. Large presence of upscale hotels, commercial infrastructures, and booming hospitality industry, arising from an increasing pace of foreign investments in the Middle East, account for the dynamic growth of the luxury furniture market.

The outbreak of the COVID-19 pandemic created several challenges for exporters in developing and developed countries. The challenges witnessed by exporters of luxury furniture products are likely to remain for the foreseeable future, as different states and governments across the globe attempt to tackle COVID-19 with various measures. However, implementation of lockdown and curfew practices globally affected domestic as well as international production of luxury furniture, which, in turn, hampered the growth of the overall market. Thus, the outbreak of COVID-19 negatively impacted the luxury furniture market in 2020, as sales of companies have reduced and operations have been halted.

Rise in penetration of various online portals in developing regions and increase in number of offers & discounts attract consumers to purchase luxury furniture products through e-commerce channels. Moreover, e-commerce channels increases consumer reach, owing to which they have evolved as a key source of revenue for many companies. Furthermore, the e-commerce market is expected to expand in the future, owing to rapid growth in online and mobile user customer bases in emerging markets. Surge in e-commerce sales, improvements in logistics services, ease in payment options, and facility to enter in new international markets for major brands boost the growth of the luxury furniture market.

Key findings of the Study

  • Depending on material, the luxury furniture market is categorized into metal, wood, plastic, glass, leather, and others. Wood segment constitute a major luxury furniture market share; however, the glass segment is projected to experience growth at the highest CAGR during the luxury furniture market forecast period.
  • According to end use, is classified into domestic use and commercial use. Domestic use segment constitute a major market share in luxury furniture market analysis; however, the commercial use segment is projected to experience growth at the highest CAGR during the forecast period.
  • As per distribution channel, it is divided into online and offline. Offline segment constitute a major market share, and is projected to maintain luxury furniture market trends during the forecast period. However, the online segment is projected to experience growth at the highest CAGR during the forecast period.
  • Region wise, Asia-Pacific accounted for highest market share in 2020, and is expected to grow at a significant CAGR during the forecast period.
  • Major companies have adopted agreement, product launch, expansion, and merger strategies to sustain the intense market competition. Key players profiled in the Luxury Furniture Industry include Duresta Upholstery Ltd., Muebles Pico, Valderamobili, Giovanni Visentin, Scavolini, Laura Ashley Holding Plc, Iola Furniture Ltd., Nella Vetrina, Henredon Furniture Industries Inc., and Turri S.r.l.

Companies Mentioned

  • Duresta Upholstery Ltd.
  • Muebles Pico
  • Valderamobili
  • Giovanni Visentin
  • Scavolini
  • Laura Ashley Holding Plc
  • Iola Furniture Ltd.
  • Nella Vetrina
  • Henredon Furniture Industries Inc.
  • Turri S.r.l.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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