The global luxury furniture market size was $28.79 Billion in 2021 and is predicted to reach $41.82 Billion by 2030, representing a CAGR of 4.23% throughout the estimated Forecast period 2021-2030.
Market Drivers: - (Increase in rate of rapid urbanization and rise in demand for Home Furnishings)
The continuous growth in demand for Home Furnishings is the primary factor that efficiently drives this segment's overall growth. In May 2021, the USA furniture and its home furnishing store sales were anticipated to reach a landmark of approximately 12.13 billion USD, which was slightly greater than the last month when the sales stood at USD 12.12 billion.
Apart from the increase in the growth of home furnishings, the increase in the rate of rapid urbanization is also fuelling the overall market growth significantly. A majority of the world's population resides in urban areas. The total share of the world's population residing in urban areas is expected to increase from 55 % in 2018 to 60 % in 2030.
Further, the increase in manufacturing ofLuxury Folding Dining Chairs, Luxury Counter Stools, Luxury Ottoman Bed, Luxury Round Beds, Luxury Leather Bar Stools, Modern Luxury Bed, Luxury Sofas, and Bentley Home Furniture is enhancing the overall market growth.
Restraints: - (Lack of skilled workers and higher cost of raw materials)
The scarcity of highly skilled workers across the global luxury furniture market and the increased price of raw materials are the key challenges for the industry, thereby obstructing the market growth widely.
Opportunities: - (Huge increase in fundings by the worldwide governments on home furnishings)
Governments from all across the globe are widely focusing on increasing funds for the enhancement of home furnishings, which is likely to create ample opportunities for the market in the future.
The global industry segmentation is performed based on Material, End-User, and Regions.
By Material
Wood
Plastic
Leather
Metal
Glass
Others
By End-User
Domestic use
Living & Bedroom
Kitchen
Lighting
Outdoor
Bathroom
Commercial use
Hospitality
Office
Based on Regions:
North America
U.S.
Mexico
Canada
Rest of North America
Europe
Switzerland
Russia
France
Germany
U.K
Finland
Turkey
Netherlands
Belgium
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Indonesia
South Korea
Thailand
Japan
Singapore
Malaysia
Philippines
Australia
New Zealand
Rest of APAC
LAMEA
Brazil
Saudi Arabia
Uruguay
Argentina
Rest of LAMEA
Based on Material, the 'Wood' segment dominated the market with almost 46.23 % of the entire luxury furniture market share in 2020. Wooden furniture is mostly used for its beautiful natural look, easy maintenance, high resilience, and durability. All of these factors augment the overall growth of this segment significantly.
Based on End-User, the 'Domestic Use' segment held the highest market share of nearly 67.21 % (around 18.77 billion) in 2020, with a CAGR of 4.73%. Well-designed and crafted ornamental pieces of furniture are mostly used in the kitchen areas, at the entrance door, and bedroom or living room of the domestic houses, which is accelerating the overall market growth comprehensively.
Based on Region, the Market in Europe held the largest share of the luxury furniture market with a CAGR of 4.14%, followed by North America. The presence of highly skilled workers, larger availability of quality wood, and increase of funds by the European government are the major reasons propelling the market's growth in this region. The market in UK in 2020-21 is expected to rise by approximately 3.8% from USD 11.26 billion in 2019.
The Asia-Pacific region accounted for the fastest growth rate in the market during the estimated period of 2020-2030. The market in China has the fastest and biggest developing furniture market in the APAC region, owing to the continuous growth in disposable incomes and the standard of living.
The competitive landscape analysis is crucial to obtain an overall idea regarding the variety of competitors in the global market environment. The comparison is conducted based on market initiatives, investment in R&D, total revenue generation, a 360-degree company overview, company strengths and weaknesses, market potential, company financials, production sites and facilities, global presence, production capacity, etc.
The Key Players Included In the Luxury Furniture Market Report:
Kannustalo Ltd
Duresta Upholstery Ltd.
Muebles Pico
Cassina
Giovanni Visentin
Scavolini
Laura Ashley Holding Plc
Valderamobili
Iola Furniture Ltd.
Nella Vetrina
Henredon Furniture Industries Inc.
Turri S.r.l.
Report Attribute
Details
Forecast Period
2021 - 2030
Market size value in 2021
USD 28.79 Billion
Revenue forecast in 2030
USD 41.82 Billion
Growth rate
CAGR of approximately 4.23%
Base year for estimation
2021
Historical data
2015 – 2019
Unit
USD Billion, CAGR (2021 - 2030)
Segmentation
By Material, By End-User, By Regions,
Wood, Plastic, Leather, Metal, Glass, Others
Domestic use(Living & Bedroom, Kitchen, Lighting, Outdoor, Bathroom), Commercial use
(Hospitality, Office, Others.)
By Region
North America, Europe, Asia Pacific, LAMEA
Country Scope
United States of America, United Kingdom, Italy, Germany, France, Spain, Canada, China, India, Japan, Brazil, Argentina, Mexico, South Africa, Saudi Arabia, etc.
Company Usability Profiles
Kannustalo Ltd, Duresta Upholstery Ltd., Muebles Pico, Cassina, Giovanni Visentin, Scavolini, Laura Ashley Holding Plc, Valderamobili, Iola Furniture Ltd., Nella Vetrina, Henredon Furniture Industries Inc., Turri S.r.l.
Global Luxury Furniture Market: Recent Developments
In July 2020, Cassina joined hands with Mobilia, an Australia-based company specializing in manufacturing high-end design furniture worldwide. This partnership would signify Mobilia as an exclusive distributor of Cassina in the Australian territory. Mobilia had also planned to extend its reach to the Eastern states of Australia.
In May 2019, the assets of Castelle Furniture Co. Inc. and its operations in Costa Rica were acquired by Brown Jordan International. This combined organization is headquartered in St. Augustine, Florida, USA, and is also involved in manufacturing and designing furniture and administrative operations across 5 states in the United States, Mexico, Juarez, and Costa Rica.
b: The global luxury furniture market size was $28.79 Bn in 2021 and is predicted to reach $41.82 Bn by 2030, representing a CAGR of 4.23%.
b: The global luxury furniture market is expected to grow at a compound annual growth rate (CAGR) of 4.23% from 2021 to 2030 to reach USD 41.82 billion by 2030.
b: Based on End-User, the Domestic Use segment held the highest market share of nearly 67.21% (around 18.77 billion) in 2020, with a CAGR of 4.73%.
b: The most vital players of the global market are Kannustalo Ltd, Duresta Upholstery Ltd, Muebles Pico, Cassina, Giovanni Visentin, Scavolini, Laura Ashley Holding Plc, Valderamobili, Iola Furniture Ltd, Nella Vetrina, Henredon Furniture Industries Inc, and Turri S.r.l.
b: Based on Material, the Wood segment dominated the market with almost 46.23% of the entire market share in 2021.
b: Based on Region, the market in Europeheld the largest share of the market with a CAGR of 4.14%, followed by North America. The Asia-Pacific region accounted for the fastest growth rate in the market during the estimated period of 2021-2030.
.
1. Introduction 1.1. Study Objective 1.2. Market Definition 1.3. Study Scope 1.3.1. Markets Covered 1.3.2. Geographic Scope 1.3.3. Years Considered 1.3.4. Stakeholders 2. Research Methodology 2.1. Data Procurement 2.2. Paid Database 2.2.1. Secondary Data 2.2.1.1. Key Secondary sources 2.2.2. Primary Data 2.2.2.1 Primary sources 2.2.2.2. Key industry insights 2.2.2.3. Primary interviews with experts 2.2.2.4. Key primary respondent list 2.3. Market Size Estimation 2.4. Bottom-Up and Top-Down Approaches 2.4.1. Bottom-Up Approach 2.4.1.1. Approach for arriving at market size by bottom-up analysis 2.4.2. Top-Down Approach 2.4.2.1. Approach for Capturing Market Size by Top-Down Analysis 2.5. Market Breakdown and Data Triangulation 2.6. Research Methodology 2.7. Risk Assessment 3. Executive Summary 3.1 Market: Post-Covid-19 3.1.1 Actual Scenario 3.1.2 Pessimistic Scenario 3.1.3 Optimistic Scenario 3.1.4 Market Summary 4. Industry Outlook 4.1 Market Snapshot 4.2 Global Luxury Furniture Market 4.2.1 Global Market, 2021 – 2030 (USD Million) 4.3 Regional Business Analysis 4.3.1 Global Market, by Region, 2021 - 2030 (USD Million) 4.4 Material Business Analysis 4.4.1 Global Market, By Material, 2021 - 2030 (USD Million) 4.5 End-User Business Analysis 4.5.1 Global Market, By End-User, 2021 - 2030 (USD Million) 4.6 Value Chain Analysis 4.7 Market Variable Analysis 4.7.1 Market Drivers Analysis 4.7.2 Market Restraints Analysis 4.8 Business Environment Analysis Tool 4.8.1 Market PEST analysis 4.8.2 Market Porter’s analysis 4.9 Penetration & Growth Prospect Mapping 5. Market Dynamics 5.1. Introduction 5.2. Market Dynamics 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities 5.2.4. Challenges 5.3. Impact of Covid-19 On Market 5.4. Value Chain Analysis 5.5. Ecosystem 5.6. Patent Analysis 5.7. Trade Analysis 5.8. Tariff Analysis 5.9. Case Study Analysis 5.10. Porter’s Five Forces Analysis 5.10.1 Threat of New Entrants 5.10.2 Threat of Substitutes 5.10.3 Bargaining Power of Buyers 5.10.4 Bargaining Power of Suppliers 5.10.5 Degree of Competition 5.11. Technology Analysis 5.11.1. Trends in Technology (2014-2020) 5.11.2. Trends in Technology (2021-2030) 5.12. Pricing Analysis 5.12.1. Average Price Trend Analysis (By region, By Countries) 6. Competitive & Vendor Landscape 6.1. Company Market Share Analysis 6.2. Manufacturers Luxury Furniture Manufacturing Sites, Area Served, Material 6.3. Market Competitive Situation and Trends 6.4. Manufacturers Mergers & Acquisitions, Expansion Plans 7. Global Market: By Material Segment Analysis 7.1. Introduction 7.2. Sales Volume & Revenue Analysis (2021-2030) 7.3. Wood 7.3.1. Wood market, 2021 - 2030 (USD Million) 7.4. Plastic 7.4.1. Plastic market, 2021 - 2030 (USD Million) 7.5. Leather 7.5.1. Leather market, 2021 - 2030 (USD Million) 7.6. Metal 7.6.1. Metal market, 2021 - 2030 (USD Million) 7.7. Metal 7.7.1. Metal market, 2021 - 2030 (USD Million) 7.8. Glass 7.8.1. Glass market, 2021 - 2030 (USD Million) 7.9. Others 7.9.1. Others market, 2021 - 2030 (USD Million) 8. Global Market: By End-User Segment Analysis 8.1. Introduction 8.2. Sales Volume & Revenue Analysis (2021-2030) 8.3. Domestic use 8.3.1. Domestic use market, 2021 - 2030 (USD Million) 8.3.1.1 Living & Bedroom market, 2021 - 2030 (USD Million) 8.3.1.2 Kitchen market, 2021 - 2030 (USD Million) 8.3.1.3 Lighting market, 2021 - 2030 (USD Million) 8.3.1.4 Outdoor market, 2021 - 2030 (USD Million) 8.3.1.5 Bathroom market, 2021 - 2030 (USD Million) 8.4. Commercial use 8.4.1. Commercial use market, 2021 - 2030 (USD Million) 8.4.1.1 Hospitality market, 2021 - 2030 (USD Million) 8.4.1.2 Office market, 2021 - 2030 (USD Million) 8.4.1.3 Others market, 2021 - 2030 (USD Million) 9. Global Market: Regional Outlook 9.1 North America 9.1.1. North America Market, By Material, 2021 - 2030 (USD Million) 9.1.4. North America Market, By End-User, 2021 - 2030 (USD Million) 9.1.5. North America Market, by Country, 2021 - 2030 (USD Million) 9.1.4.1. U.S. 9.1.4.1.1. U.S. Market, By Material, 2021 - 2030 (USD Million) 9.1.4.2. Canada 9.1.4.2.1. Canada Market, By Material, 2021 - 2030 (USD Million) 9.1.4.2.2. Canada Market, By Region, 2021 - 2030 (USD Million) 9.1.4.2.3. Canada Market, by End-Users, 2021 - 2030 (USD Million) 9.2. Europe 9.2.1. Europe Market, By Material, 2021 - 2030 (USD Million) 9.2.2. Europe Market, by By End-User, 2021 - 2030 (USD Million) 9.2.5. Europe Market, by country, 2021 - 2030 (USD Million) 9.2.4.1 U.K. 9.2.4.1.1. U.K. Market, By Material, 2021 - 2030 (USD Million) 9.2.4.1.2. U.K. Market, By End-Users, 2021 - 2030 (USD Million) 9.2.4.1.3. U.K. Market, by Region, 2021 - 2030 (USD Million) 9.2.4.2. Germany 9.2.4.2.1. Germany Market, By Material, 2021 - 2030 (USD Million) 9.2.4.2.2. Germany Market, By End-User, 2021 - 2030 (USD Million) 9.2.4.2.3. Germany Market, by Region, 2021 - 2030 (USD Million) 9.2.4.3. France 9.2.4.3.1. France Market, By Material, 2021 - 2030 (USD Million) 9.2.4.3.2. France Market, By Region, 2021 - 2030 (USD Million) 9.2.4.3.3. France Market, by End-User, 2021 - 2030 (USD Million) 9.2.4.4. Rest of Europe 9.2.4.4.1. Rest of Europe Market, By Material, 2021 - 2030 (USD Million) 9.2.4.4.2. Rest of Europe Market, By Region, 2021 - 2030 (USD Million) 9.2.4.4.3. Rest of Europe Market, by End-User, 2021 - 2030 (USD Million) 9.3. Asia Pacific 9.3.1. Asia Pacific Market, By Material, 2021 - 2030 (USD Million) 9.3.2. Asia Pacific Market, By End-User, 2021 - 2030 (USD Million) 9.3.5. Asia Pacific Market, by country, 2021 - 2030 (USD Million) 9.3.4.1. China 9.3.4.1.1. China Market, By Material, 2021 - 2030 (USD Million) 9.3.4.1.2. China Market, By Region, 2021 - 2030 (USD Million) 9.3.4.1.3. China Market, by End-User, 2021 - 2030 (USD Million) 9.3.4.2. India 9.3.4.2.1. India Market, By Material, 2021 - 2030 (USD Million) 9.3.4.2.2. India Market, By Region, 2021 - 2030 (USD Million) 9.3.4.2.3. India Market, by End-User, 2021 - 2030 (USD Million) 9.3.4.3. Japan 9.3.4.3.1. Japan Market, By Material, 2021 - 2030 (USD Million) 9.3.4.3.3. Japan Market, by End-User, 2021 - 2030 (USD Million) 9.3.4.4. South Korea 9.3.4.4.1. South Korea Market, By Material, 2021 - 2030 (USD Million) 9.3.4.4.3. South Korea Market, by End-User, 2021 - 2030 (USD Million) 9.3.4.5. Rest of ASIA PACIFIC 9.3.4.5.1. Rest of ASIA PACIFIC Market, By Material, 2021 - 2030 (USD Million) 9.3.4.5.3. Rest of ASIA PACIFIC Market, by End-User, 2021 - 2030 (USD Million) 9.4. Latin America 9.4.1. Latin America Market, By Material, 2021 - 2030 (USD Million) 9.4.3. Latin America Market, by End-User, 2021 - 2030 (USD Million) 9.4.4. Latin America Market, by country, 2021 - 2030 (USD Million) 9.4.4.1. Brazil 9.4.4.1.1. Brazil Market, By Material, 2021 - 2030 (USD Million) 9.4.4.1.3. Brazil Market, by End-User, 2021 - 2030 (USD Million) 9.4.4.2. Mexico 9.4.4.2.1. Mexico Market, By Material, 2021 - 2030 (USD Million) 9.4.4.2.3. Mexico Market, by End-User, 2021 - 2030 (USD Million) 9.4.4.3. Rest of the Latin America 9.4.4.3.1. Rest of the Latin America Market, By Material, 2021 - 2030 (USD Million) 9.4.4.3.3. Rest of the Latin America Market, by End-User, 2021 - 2030 (USD Million) 9.5. MEA 9.5.1. MEA Market, By Material, 2021 - 2030 (USD Million) 9.5.3. MEA Market, by End-User, 2021 - 2030 (USD Million) 10. Competitive Landscape 10.1 Kannustalo Ltd. 10.1.1. Company overview 10.1.2. Financial performance 10.1.3. Product Portfolio Analysis 10.1.4. Business Strategy & Recent Development 10.2. Duresta Upholstery Ltd. 10.2.1. Company overview 10.2.2. Financial performance 10.2.3. Product Portfolio Analysis 10.2.4. Business Strategy & Recent Development 10.3. Muebles Pico. 10.3.1. Company overview 10.3.2. Financial performance 10.3.3. Product Portfolio Analysis 10.3.4. Business Strategy & Recent Development 10.4. Cassina. 10.4.1. Company overview 10.4.2. Financial performance 10.4.3. Product Portfolio Analysis 10.4.4. Business Strategy & Recent Development 10.5. Giovanni Visentin 10.5.1. Company overview 10.5.2. Financial performance 10.5.3. Product Portfolio Analysis 10.5.4. Business Strategy & Recent Development 10.6. Scavolini. 10.6.1. Company overview 10.6.2. Financial performance 10.6.3. Product Portfolio Analysis 10.6.4. Business Strategy & Recent Development 10.7. Laura Ashley Holding Plc. 10.7.1. Company overview 10.7.2. Financial performance 10.7.3. Product Portfolio Analysis 10.7.4. Business Strategy & Recent Development 10.8. Valderamobili. 10.8.1. Company overview 10.8.2. Financial performance 10.8.3. Product Portfolio Analysis 10.8.4. Business Strategy & Recent Development 10.9. Iola Furniture Ltd. 10.9.1. Company overview 10.9.2. Financial performance 10.9.3. Product Portfolio Analysis 10.9.4. Business Strategy & Recent Development 10.10. Nella Vetrina. 10.10.1. Company overview 10.10.2. Financial performance 10.10.3. Product Portfolio Analysis 10.10.4. Business Strategy & Recent Development 10.11. Henredon Furniture Industries Inc. 10.11.1. Company overview 10.11.2. Financial performance 10.11.3. Product Portfolio Analysis 10.11.4. Business Strategy & Recent Development 10.12. Turri S.r.l. 10.12.1. Company overview 10.12.2. Financial performance 10.12.3. Product Portfolio Analysis 10.12.4. Business Strategy & Recent Development List of Tables (48 Tables) TABLE 1. Market, By Material, 2021-2030 (USD Million) TABLE 2. Market FOR Wood, BY REGION, 2021-2030 (USD Million) TABLE 3. Market FOR Plastic, BY REGION, 2021-2030 (USD Million) TABLE 4. Market FOR Leather, BY REGION, 2021-2030 (USD Million) TABLE 5. Market FOR Metal, BY REGION, 2021-2030 (USD Million) TABLE 6. Market FOR Glass, BY REGION, 2021-2030 (USD Million) TABLE 7. Market FOR Others, BY REGION, 2021-2030 (USD Million) TABLE 8. Market, BY END-USER, 2021-2030 (USD Million) TABLE 9. Market FOR Domestic use, BY REGION, 2021-2030 (USD Million) TABLE 10. Market FOR Commercial use, BY REGION, 2021-2030 (USD Million) TABLE 11. Market, BY REGION, 2021-2030 (USD Million) TABLE 12. NORTH AMERICA Market, BY COUNTRY, 2021-2030 (USD Million) TABLE 13. NORTH AMERICA Market, BY End-Users, 2021-2030 (USD Million) TABLE 14. NORTH AMERICA Market, By Material, 2021-2030 (USD Million) TABLE 15. NORTH AMERICA Market, BY END-USER, 2021-2030 (USD Million) TABLE 16. EUROPE Market, BY COUNTRY, 2021-2030 (USD Million) TABLE 17. EUROPE Market, By Material, 2021-2030 (USD Million) TABLE 18. EUROPE Market, BY END-USER, 2021-2030 (USD Million) TABLE 19. ASIA-PACIFIC Market, BY COUNTRY, 2021-2030 (USD Million) TABLE 20. ASIA-PACIFIC Market, By Material, 2021-2030 (USD Million) TABLE 21. ASIA-PACIFIC Market, BY END-USER, 2021-2030 (USD Million) TABLE 22. LAMEA Market, BY COUNTRY, 2021-2030 (USD Million) TABLE 23. LAMEA Market, By Material, 2021-2030 (USD Million) TABLE 24. LAMEA Market, BY END-USER, 2021-2030 (USD Million) TABLE 25. Kannustalo Ltd: COMPANY SNAPSHOT TABLE 26. Kannustalo Ltd: OPERATING SEGMENTS TABLE 27. Duresta Upholstery Ltd: COMPANY SNAPSHOT TABLE 28. Duresta Upholstery Ltd: OPERATING SEGMENTS TABLE 29. Muebles Pico: COMPANY SNAPSHOT TABLE 30. Muebles Pico: OPERATING SEGMENTS TABLE 31. Cassina: COMPANY SNAPSHOT TABLE 32. Cassina: OPERATING SEGMENTS TABLE 33. Giovanni Visentin: COMPANY SNAPSHOT TABLE 34. Giovanni Visentin: OPERATING SEGMENTS TABLE 35. Scavolini: COMPANY SNAPSHOT TABLE 36. Scavolini: OPERATING SEGMENTS TABLE 37. Laura Ashley Holding Plc: COMPANY SNAPSHOT TABLE 38. Laura Ashley Holding Plc: OPERATING SEGMENTS TABLE 39. Valderamobili: COMPANY SNAPSHOT TABLE 40. Valderamobili: OPERATING SEGMENTS TABLE 41. Iola Furniture Ltd: COMPANY SNAPSHOT TABLE 42. Iola Furniture Ltd: OPERATING SEGMENTS TABLE 43. Nella Vetrina: COMPANY SNAPSHOT TABLE 44. Nella Vetrina: OPERATING SEGMENTS TABLE 45. Henredon Furniture Industries Inc: COMPANY SNAPSHOT TABLE 46. Henredon Furniture Industries Inc: OPERATING SEGMENTS TABLE 47. Turri S.r.l.: COMPANY SNAPSHOT TABLE 48. Turri S.r.l.: OPERATING SEGMENTS List of Figures (20 Figures) Figure 1 Market: Research Methodology Steps Figure 2 Research Design Figure 3 Breakdown of Primaries: Market Figure 4 Research Methodology: Hypothesis Building Figure 5 Market: Product-Based Estimation Figure 6 Top 12 Companies with Highest No. Of Patent in Last 9 Years Figure 7 No. Of Patents Granted Per Year, 2019–2020 Figure 8 Import Data for Luxury Furniture, By Country, 2016–2020 (USD Thousand) Figure 9 Export Data for Luxury Furniture, By Country, 2016–2020 (USD Thousand) Figure 10 Data Triangulation Methodology Figure 11 Market, By End-Users, 2019 vs. 2025 (USD Million) Figure 12 Market Share, By Material, 2019 vs. 2025 Figure 13 Geographical Snapshot of the Market Figure 14 Wood to Witness Higher CAGR in Market for Material Segment during Forecast Period. Figure 15 Domestic use to Witness Higher CAGR in Market for End-User Segment during Forecast Period. Figure 16 Europe Accounted for the Largest Share of the Market, By Regional Basis, in 2019 Figure 17 Market: Drivers, Restraints, Opportunities, and Challenges Figure 18 Europe: Market Snapshot Figure 19 Asia Pacific: Market Snapshot Figure 20 Vendor Dive: Evaluation Overview
1. Introduction
1.1. Study Objective
1.2. Market Definition
1.3. Study Scope
1.3.1. Markets Covered
1.3.2. Geographic Scope
1.3.3. Years Considered
1.3.4. Stakeholders
2. Research Methodology
2.1. Data Procurement
2.2. Paid Database
2.2.1. Secondary Data
2.2.1.1. Key Secondary sources
2.2.2. Primary Data
2.2.2.1 Primary sources
2.2.2.2. Key industry insights
2.2.2.3. Primary interviews with experts
2.2.2.4. Key primary respondent list
2.3. Market Size Estimation
2.4. Bottom-Up and Top-Down Approaches
2.4.1. Bottom-Up Approach
2.4.1.1. Approach for arriving at market size by bottom-up analysis
2.4.2. Top-Down Approach
2.4.2.1. Approach for Capturing Market Size by Top-Down Analysis
2.5. Market Breakdown and Data Triangulation
2.6. Research Methodology
2.7. Risk Assessment
3. Executive Summary
3.1 Market: Post-Covid-19
3.1.1 Actual Scenario
3.1.2 Pessimistic Scenario
3.1.3 Optimistic Scenario
3.1.4 Market Summary
4. Industry Outlook
4.1 Market Snapshot
4.2 Global Luxury Furniture Market
4.2.1 Global Market, 2021 – 2030 (USD Million)
4.3 Regional Business Analysis
4.3.1 Global Market, by Region, 2021 - 2030 (USD Million)
4.4 Material Business Analysis
4.4.1 Global Market, By Material, 2021 - 2030 (USD Million)
4.5 End-User Business Analysis
4.5.1 Global Market, By End-User, 2021 - 2030 (USD Million)
4.6 Value Chain Analysis
4.7 Market Variable Analysis
4.7.1 Market Drivers Analysis
4.7.2 Market Restraints Analysis
4.8 Business Environment Analysis Tool
4.8.1 Market PEST analysis
4.8.2 Market Porter’s analysis
4.9 Penetration & Growth Prospect Mapping
5. Market Dynamics
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.2.4. Challenges
5.3. Impact of Covid-19 On Market
5.4. Value Chain Analysis
5.5. Ecosystem
5.6. Patent Analysis
5.7. Trade Analysis
5.8. Tariff Analysis
5.9. Case Study Analysis
5.10. Porter’s Five Forces Analysis
5.10.1 Threat of New Entrants
5.10.2 Threat of Substitutes
5.10.3 Bargaining Power of Buyers
5.10.4 Bargaining Power of Suppliers
5.10.5 Degree of Competition
5.11. Technology Analysis
5.11.1. Trends in Technology (2014-2020)
5.11.2. Trends in Technology (2021-2030)
5.12. Pricing Analysis
5.12.1. Average Price Trend Analysis (By region, By Countries)
6. Competitive & Vendor Landscape
6.1. Company Market Share Analysis
6.2. Manufacturers Luxury Furniture Manufacturing Sites, Area Served, Material
6.3. Market Competitive Situation and Trends
6.4. Manufacturers Mergers & Acquisitions, Expansion Plans
7. Global Market: By Material Segment Analysis
7.1. Introduction
7.2. Sales Volume & Revenue Analysis (2021-2030)
7.3. Wood
7.3.1. Wood market, 2021 - 2030 (USD Million)
7.4. Plastic
7.4.1. Plastic market, 2021 - 2030 (USD Million)
7.5. Leather
7.5.1. Leather market, 2021 - 2030 (USD Million)
7.6. Metal
7.6.1. Metal market, 2021 - 2030 (USD Million)
7.7. Metal
7.7.1. Metal market, 2021 - 2030 (USD Million)
7.8. Glass
7.8.1. Glass market, 2021 - 2030 (USD Million)
7.9. Others
7.9.1. Others market, 2021 - 2030 (USD Million)
8. Global Market: By End-User Segment Analysis
8.1. Introduction
8.2. Sales Volume & Revenue Analysis (2021-2030)
8.3. Domestic use
8.3.1. Domestic use market, 2021 - 2030 (USD Million)
8.3.1.1 Living & Bedroom market, 2021 - 2030 (USD Million)
8.3.1.2 Kitchen market, 2021 - 2030 (USD Million)
8.3.1.3 Lighting market, 2021 - 2030 (USD Million)
8.3.1.4 Outdoor market, 2021 - 2030 (USD Million)
8.3.1.5 Bathroom market, 2021 - 2030 (USD Million)
8.4. Commercial use
8.4.1. Commercial use market, 2021 - 2030 (USD Million)
8.4.1.1 Hospitality market, 2021 - 2030 (USD Million)
8.4.1.2 Office market, 2021 - 2030 (USD Million)
8.4.1.3 Others market, 2021 - 2030 (USD Million)
9. Global Market: Regional Outlook
9.1 North America
9.1.1. North America Market, By Material, 2021 - 2030 (USD Million)
9.1.4. North America Market, By End-User, 2021 - 2030 (USD Million)
9.1.5. North America Market, by Country, 2021 - 2030 (USD Million)
9.1.4.1. U.S.
9.1.4.1.1. U.S. Market, By Material, 2021 - 2030 (USD Million)
9.1.4.2. Canada
9.1.4.2.1. Canada Market, By Material, 2021 - 2030 (USD Million)
9.1.4.2.2. Canada Market, By Region, 2021 - 2030 (USD Million)
9.1.4.2.3. Canada Market, by End-Users, 2021 - 2030 (USD Million)
9.2. Europe
9.2.1. Europe Market, By Material, 2021 - 2030 (USD Million)
9.2.2. Europe Market, by By End-User, 2021 - 2030 (USD Million)
9.2.5. Europe Market, by country, 2021 - 2030 (USD Million)
9.2.4.1 U.K.
9.2.4.1.1. U.K. Market, By Material, 2021 - 2030 (USD Million)
9.2.4.1.2. U.K. Market, By End-Users, 2021 - 2030 (USD Million)
9.2.4.1.3. U.K. Market, by Region, 2021 - 2030 (USD Million)
9.2.4.2. Germany
9.2.4.2.1. Germany Market, By Material, 2021 - 2030 (USD Million)
9.2.4.2.2. Germany Market, By End-User, 2021 - 2030 (USD Million)
9.2.4.2.3. Germany Market, by Region, 2021 - 2030 (USD Million)
9.2.4.3. France
9.2.4.3.1. France Market, By Material, 2021 - 2030 (USD Million)
9.2.4.3.2. France Market, By Region, 2021 - 2030 (USD Million)
9.2.4.3.3. France Market, by End-User, 2021 - 2030 (USD Million)
9.2.4.4. Rest of Europe
9.2.4.4.1. Rest of Europe Market, By Material, 2021 - 2030 (USD Million)
9.2.4.4.2. Rest of Europe Market, By Region, 2021 - 2030 (USD Million)
9.2.4.4.3. Rest of Europe Market, by End-User, 2021 - 2030 (USD Million)
9.3. Asia Pacific
9.3.1. Asia Pacific Market, By Material, 2021 - 2030 (USD Million)
9.3.2. Asia Pacific Market, By End-User, 2021 - 2030 (USD Million)
9.3.5. Asia Pacific Market, by country, 2021 - 2030 (USD Million)
9.3.4.1. China
9.3.4.1.1. China Market, By Material, 2021 - 2030 (USD Million)
9.3.4.1.2. China Market, By Region, 2021 - 2030 (USD Million)
9.3.4.1.3. China Market, by End-User, 2021 - 2030 (USD Million)
9.3.4.2. India
9.3.4.2.1. India Market, By Material, 2021 - 2030 (USD Million)
9.3.4.2.2. India Market, By Region, 2021 - 2030 (USD Million)
9.3.4.2.3. India Market, by End-User, 2021 - 2030 (USD Million)
9.3.4.3. Japan
9.3.4.3.1. Japan Market, By Material, 2021 - 2030 (USD Million)
9.3.4.3.3. Japan Market, by End-User, 2021 - 2030 (USD Million)
9.3.4.4. South Korea
9.3.4.4.1. South Korea Market, By Material, 2021 - 2030 (USD Million)
9.3.4.4.3. South Korea Market, by End-User, 2021 - 2030 (USD Million)
9.3.4.5. Rest of ASIA PACIFIC
9.3.4.5.1. Rest of ASIA PACIFIC Market, By Material, 2021 - 2030 (USD Million)
9.3.4.5.3. Rest of ASIA PACIFIC Market, by End-User, 2021 - 2030 (USD Million)
9.4. Latin America
9.4.1. Latin America Market, By Material, 2021 - 2030 (USD Million)
9.4.3. Latin America Market, by End-User, 2021 - 2030 (USD Million)
9.4.4. Latin America Market, by country, 2021 - 2030 (USD Million)
9.4.4.1. Brazil
9.4.4.1.1. Brazil Market, By Material, 2021 - 2030 (USD Million)
9.4.4.1.3. Brazil Market, by End-User, 2021 - 2030 (USD Million)
9.4.4.2. Mexico
9.4.4.2.1. Mexico Market, By Material, 2021 - 2030 (USD Million)
9.4.4.2.3. Mexico Market, by End-User, 2021 - 2030 (USD Million)
9.4.4.3. Rest of the Latin America
9.4.4.3.1. Rest of the Latin America Market, By Material, 2021 - 2030 (USD Million)
9.4.4.3.3. Rest of the Latin America Market, by End-User, 2021 - 2030 (USD Million)
9.5. MEA
9.5.1. MEA Market, By Material, 2021 - 2030 (USD Million)
9.5.3. MEA Market, by End-User, 2021 - 2030 (USD Million)
10. Competitive Landscape
10.1 Kannustalo Ltd.
10.1.1. Company overview
10.1.2. Financial performance
10.1.3. Product Portfolio Analysis
10.1.4. Business Strategy & Recent Development
10.2. Duresta Upholstery Ltd.
10.2.1. Company overview
10.2.2. Financial performance
10.2.3. Product Portfolio Analysis
10.2.4. Business Strategy & Recent Development
10.3. Muebles Pico.
10.3.1. Company overview
10.3.2. Financial performance
10.3.3. Product Portfolio Analysis
10.3.4. Business Strategy & Recent Development
10.4. Cassina.
10.4.1. Company overview
10.4.2. Financial performance
10.4.3. Product Portfolio Analysis
10.4.4. Business Strategy & Recent Development
10.5. Giovanni Visentin
10.5.1. Company overview
10.5.2. Financial performance
10.5.3. Product Portfolio Analysis
10.5.4. Business Strategy & Recent Development
10.6. Scavolini.
10.6.1. Company overview
10.6.2. Financial performance
10.6.3. Product Portfolio Analysis
10.6.4. Business Strategy & Recent Development
10.7. Laura Ashley Holding Plc.
10.7.1. Company overview
10.7.2. Financial performance
10.7.3. Product Portfolio Analysis
10.7.4. Business Strategy & Recent Development
10.8. Valderamobili.
10.8.1. Company overview
10.8.2. Financial performance
10.8.3. Product Portfolio Analysis
10.8.4. Business Strategy & Recent Development
10.9. Iola Furniture Ltd.
10.9.1. Company overview
10.9.2. Financial performance
10.9.3. Product Portfolio Analysis
10.9.4. Business Strategy & Recent Development
10.10. Nella Vetrina.
10.10.1. Company overview
10.10.2. Financial performance
10.10.3. Product Portfolio Analysis
10.10.4. Business Strategy & Recent Development
10.11. Henredon Furniture Industries Inc.
10.11.1. Company overview
10.11.2. Financial performance
10.11.3. Product Portfolio Analysis
10.11.4. Business Strategy & Recent Development
10.12. Turri S.r.l.
10.12.1. Company overview
10.12.2. Financial performance
10.12.3. Product Portfolio Analysis
10.12.4. Business Strategy & Recent Development
List of Tables (48 Tables)
TABLE 1. Market, By Material, 2021-2030 (USD Million)
TABLE 2. Market FOR Wood, BY REGION, 2021-2030 (USD Million)
TABLE 3. Market FOR Plastic, BY REGION, 2021-2030 (USD Million)
TABLE 4. Market FOR Leather, BY REGION, 2021-2030 (USD Million)
TABLE 5. Market FOR Metal, BY REGION, 2021-2030 (USD Million)
TABLE 6. Market FOR Glass, BY REGION, 2021-2030 (USD Million)
TABLE 7. Market FOR Others, BY REGION, 2021-2030 (USD Million)
TABLE 8. Market, BY END-USER, 2021-2030 (USD Million)
TABLE 9. Market FOR Domestic use, BY REGION, 2021-2030 (USD Million)
TABLE 10. Market FOR Commercial use, BY REGION, 2021-2030 (USD Million)
TABLE 11. Market, BY REGION, 2021-2030 (USD Million)
TABLE 12. NORTH AMERICA Market, BY COUNTRY, 2021-2030 (USD Million)
TABLE 13. NORTH AMERICA Market, BY End-Users, 2021-2030 (USD Million)
TABLE 14. NORTH AMERICA Market, By Material, 2021-2030 (USD Million)
TABLE 15. NORTH AMERICA Market, BY END-USER, 2021-2030 (USD Million)
TABLE 16. EUROPE Market, BY COUNTRY, 2021-2030 (USD Million)
TABLE 17. EUROPE Market, By Material, 2021-2030 (USD Million)
TABLE 18. EUROPE Market, BY END-USER, 2021-2030 (USD Million)
TABLE 19. ASIA-PACIFIC Market, BY COUNTRY, 2021-2030 (USD Million)
TABLE 20. ASIA-PACIFIC Market, By Material, 2021-2030 (USD Million)
TABLE 21. ASIA-PACIFIC Market, BY END-USER, 2021-2030 (USD Million)
TABLE 22. LAMEA Market, BY COUNTRY, 2021-2030 (USD Million)
TABLE 23. LAMEA Market, By Material, 2021-2030 (USD Million)
TABLE 24. LAMEA Market, BY END-USER, 2021-2030 (USD Million)
TABLE 25. Kannustalo Ltd: COMPANY SNAPSHOT
TABLE 26. Kannustalo Ltd: OPERATING SEGMENTS
TABLE 27. Duresta Upholstery Ltd: COMPANY SNAPSHOT
TABLE 28. Duresta Upholstery Ltd: OPERATING SEGMENTS
TABLE 29. Muebles Pico: COMPANY SNAPSHOT
TABLE 30. Muebles Pico: OPERATING SEGMENTS
TABLE 31. Cassina: COMPANY SNAPSHOT
TABLE 32. Cassina: OPERATING SEGMENTS
TABLE 33. Giovanni Visentin: COMPANY SNAPSHOT
TABLE 34. Giovanni Visentin: OPERATING SEGMENTS
TABLE 35. Scavolini: COMPANY SNAPSHOT
TABLE 36. Scavolini: OPERATING SEGMENTS
TABLE 37. Laura Ashley Holding Plc: COMPANY SNAPSHOT
TABLE 38. Laura Ashley Holding Plc: OPERATING SEGMENTS
TABLE 39. Valderamobili: COMPANY SNAPSHOT
TABLE 40. Valderamobili: OPERATING SEGMENTS
TABLE 41. Iola Furniture Ltd: COMPANY SNAPSHOT
TABLE 42. Iola Furniture Ltd: OPERATING SEGMENTS
TABLE 43. Nella Vetrina: COMPANY SNAPSHOT
TABLE 44. Nella Vetrina: OPERATING SEGMENTS
TABLE 45. Henredon Furniture Industries Inc: COMPANY SNAPSHOT
TABLE 46. Henredon Furniture Industries Inc: OPERATING SEGMENTS
TABLE 47. Turri S.r.l.: COMPANY SNAPSHOT
TABLE 48. Turri S.r.l.: OPERATING SEGMENTS
List of Figures (20 Figures)
Figure 1 Market: Research Methodology Steps
Figure 2 Research Design
Figure 3 Breakdown of Primaries: Market
Figure 4 Research Methodology: Hypothesis Building
Figure 5 Market: Product-Based Estimation
Figure 6 Top 12 Companies with Highest No. Of Patent in Last 9 Years
Figure 7 No. Of Patents Granted Per Year, 2019–2020
Figure 8 Import Data for Luxury Furniture, By Country, 2016–2020 (USD Thousand)
Figure 9 Export Data for Luxury Furniture, By Country, 2016–2020 (USD Thousand)
Figure 10 Data Triangulation Methodology
Figure 11 Market, By End-Users, 2019 vs. 2025 (USD Million)
Figure 12 Market Share, By Material, 2019 vs. 2025
Figure 13 Geographical Snapshot of the Market
Figure 14 Wood to Witness Higher CAGR in Market for Material Segment during Forecast Period.
Figure 15 Domestic use to Witness Higher CAGR in Market for End-User Segment during Forecast Period.
Figure 16 Europe Accounted for the Largest Share of the Market, By Regional Basis, in 2019
Figure 17 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Europe: Market Snapshot
Figure 19 Asia Pacific: Market Snapshot
Figure 20 Vendor Dive: Evaluation Overview