The global luxury furniture market is expected to grow at a CAGR of around 3.3% during 2024-2033. This report on global luxury furniture provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global luxury furniture market by segmenting the market based on product type, raw material, distribution channel, end user, and region. Also, detailed profiles of companies operating in the global luxury furniture market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Growing urbanization and increasing improvement in the quality of life of consumers.
• Rise in the use of eco-friendly materials
Market Challenges
• Lack of skilled workers & increasing cost of raw materials.
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Product Type
• Lightings
• Tables
• Chairs & Sofas
• Accessories
• Bedroom
• Cabinets
• Other Products
Market by Raw Material
• Wood
• Metal
• Glass
• Leather
• Plastic
• Other
Market by Distribution Channel
• Home Centres
• Flagship Stores
• Specialty Stores
• Online
• Other
Market by End User
• Residential
• Commercial
Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa