Global Luxury Furniture Market 2021-2025

Global Luxury Furniture Market 2021-2025

  • September 2021 •
  • 120 pages •
  • Report ID: 3471818 •
  • Format: PDF
Global Luxury Furniture Market 2021-2025
The analyst has been monitoring the luxury furniture market and it is poised to grow by $ 7.00 bn during 2021-2025, progressing at a CAGR of almost 5% during the forecast period. Our report on the luxury furniture market 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing number of new luxury furniture showroom launches and the growing influence of different retailing channels. In addition, increasing number of new luxury furniture showroom launches is anticipated to boost the growth of the market as well.
The luxury furniture market analysis includes distribution channel and application segments and geographic landscape.

The luxury furniture market is segmented as below:
By Distribution Channel
• Offline
• Online

By Application
• Residential
• Commercial

By Geographical Landscape
• Europe
• North America
• APAC
• MEA
• South America

This study identifies the rising popularity of multifunctional luxury furniture as one of the prime reasons driving the luxury furniture market growth during the next few years.

The analyst 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. Our report on luxury furniture market covers the following areas:
• Luxury furniture market sizing
• Luxury furniture market forecast
• Luxury furniture market industry analysis

This 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 that include Club House Italia S.p.A, Giorgio Armani Spa, Herman Miller Inc., Minotti S.p.A., MUEBLES PICO SA, Natuzzi SpA, Opera Contemporary, Reflex S.p.a., Rugiano srl, and Vaughan Bassett. Also, the luxury furniture market 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 analyst 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. Technavio’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.