Demand, Trend Analysis, Size, Growth Rate, Top Brands and Report by 2026 – The Saber

According to the latest report from the IMARC group, entitled “Luxury Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026”, offers comprehensive industry analysis, which includes insights into the global luxury furniture market. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market.

The global luxury furniture market reached a value of US$25.4 billion in 2020. Looking ahead, IMARC Group expects the global luxury furniture market grow at a CAGR of around 5% over the period 2021-2026. Luxury furniture represents the high-end mobile items that are characterized by elite design, zero margins of error and the finest quality raw materials, such as melamine, glass, steel, panels wrapped, etc. It enhances the aesthetic appeal of residential spaces and commercial establishments, including hotels, offices, restaurants, etc. As such, luxury furniture is usually very expensive as it offers increased durability with an extended warranty period.

We regularly monitor the direct effect of COVID-19[female[feminine in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Report metric
Historical year 2015-2020
base year 2020
forecast year 2021-2026

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Important Attribute and Report Highlights:

  • Detailed Global Market Share Analysis
  • Market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Latest industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings

Global Luxury Furniture Market Trends:

The expansion of the real estate sector is one of the main drivers of the luxury furniture market across the world. In addition to this, the growing adoption of products as a signifier of ethnic and religious beliefs, a symbol of personal significance, a marker of social status or simply as an artistic display is further catalyzing the growth of the market. Additionally, growing consumer awareness of the detrimental effects of toxic furniture finishes is inflating the use of organic luxury items made from sustainable, biodegradable and renewable raw materials, which, in turn, acts as another factor. significant growth. Furthermore, the growing number of modern housing infrastructure is also increasing the global market. Additionally, increasing investments in authentication procedures by many international platforms to mitigate the risk of product replication by counterfeiters and provide a trustworthy shopping environment for customers is expected to fuel the luxury furniture market during the forecast period.

Explore the full report with table of contents and list of figures:

Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.

Some of these key players include:

  • Limited Duresta Upholstery
  • Valdemobili srl
  • Scavolini SpA
  • Giovanni Visentin SRL
  • Nella Vetrina
  • Furniture Pico SA
  • Heritage Home Group LLC
  • iola Furniture Limited
  • TURRI srl
  • Luxury Grayson
  • Williams-Sonoma, Inc.
  • Cassina SPA

Breakdown by application:

    • Living Room And Bedroom
    • Food
    • Bathroom
    • Outside
    • Lighting
    • Office
    • Hospitality
    • Others

Breakdown by raw material:

  • Wood
  • Metal
  • Glass
  • Leather
  • Plastic
  • Several
  • Others

Breakdown by distribution channel:

  • Conventional furniture stores
  • Specialty stores
  • Online retailers
  • Others

Break by design:

  • Modern segments
  • Contemporary segments

Breakdown by region:

  • North America (USA, Canada)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Main highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Impact of COVID-19 on the market
  • Porter’s Five Forces Analysis
  • Historical, current and future market trends
  • Market drivers and success factors
  • SWOT analysis
  • Market structure
  • Value chain analysis
  • Complete mapping of the competitive landscape

Table of contents of the report:

  • Preface
  • Scope and methodology
  • Abstract
  • introduction
  • Global market
  • SWOT analysis
  • Value chain analysis
  • Price analysis
  • Competitive landscape

Note: If you need specific information that is not currently covered by the report, we can provide it to you as part of the customization.

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