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Luxury Furniture Market by Type (Chairs, Sofas, Tables, Beds, Cabinets, Others) by Materials (Material, Wood, Metal, Glass, Leather, Plastic, Others) by Applications (Domestic use (Living & Bedroom, Kitchen, Lighting, Outdoor, Bathroom), Commercial use (Hospitality, Office, Others)): Global Industry Size, Share, Statistics and Forecast 2015 – 2027

Summary
Table Of Content

Market Insights

With increasing brand consciousness comes a renewed desire to upgrade one’s surroundings with the best of the best. Nowhere is this more evident than in the market for luxury furniture, where people are spending more and more on timeless, one-of-a-kind pieces that accentuate the aesthetics of their homes and add a touch of richness to their interior. In fact, it is estimated that the burgeoning demand for natural-looking furniture items—due, in part, to the adoption of stylish and comfortable furniture in the residential segment—will augment further growth at a CAGR rate of 5.10% through 2027.

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Of course, this is only exacerbated by growing disposable income in emerging markets with large populations, such as India, China, Indonesia, South Korea, and Malaysia. Improved economic conditions have rendered these the ideal markets for luxury furniture. The trend is set to continue with construction and renovation in the household segment and increased government spending on hospitals, schools, colleges, etc. In 2020 alone, the global luxury furniture market closed in on USD 20.5 billion.

Overcoming the negative consequences of COVID-19, the global luxury furniture industry is projected to exhibit a CAGR of over 5.10% during the forecast period. This is expected to create a revenue generation opportunity between 2021 and 2027, which will be valued at around USD 206 billion.

Interesting Facts about the Luxury Furniture Industry

Office space is increasing across the world at a rapid pace.
Luxury furniture costs anywhere from USD 100,000 to USD 500,000.
India will be home to the third largest population of high-income groups by 2030.
A large number of luxury furniture brands find their origin in Europe.
China will be the largest market for luxury furniture by 2027.
In 2020, the U.S. was the single largest national market for luxury furniture.

Chairs and sofas to drive the demand for luxury furniture

Chairs, sofas, tables, beds, cabinets, and others are major types of luxury furniture. Luxury furniture is conducive to inspired living, adding elements of richness and elegance to one’s living space. Sophisticated engineering, modern styles, and plush fabrics combine to make sofas, chairs, beds, cupboards, dressers, etc., distinct from relatively cheaper and commonplace items. They show one’s status in society. No wonder luxury chairs and sofas are expected to account for 18% to 20% of the luxury furniture market share by 2027.

Improved Standard of Living and Exponential Growth in Disposable Income Drive the Demand for Luxury Furniture

The global luxury furniture market is seeing an increase in demand for items made of premium-quality woods, especially alder and mahogany. Individuals employed in the trade of these particular kinds of wood ought to take advantage of this, boosting supply and offering purchase packages to generate greater sales.

Having said that, art-deco metal furniture is also a hot new trend these days. Together, the luxury furniture segment offers ample business to traders of other necessary materials such as glass, leather, cotton, steel, etc.

Challenges to the Growth of the Luxury Furniture Industry

Much like everything else, the luxury furniture market has also been adversely affected by the ongoing COVID-19 pandemic. Both commercial and residential construction has undergone a sharp decline in terms of revenue. Not only was work stalled for months during the lockdown, but the transport of items from China was also delayed due to various travel restrictions. Hotels, hospitals, and high-end restaurants—all of which use luxury furniture—also saw demand drop.

Naturally, this put a damper on consumer spending on luxury goods of all kinds, including furniture. While the situation is beginning to get better now, the road to recovery is likely to be a rather long one.

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Residential Luxury Furniture to Hold a Major Share

Domestic, residential, and commercial are the major types of luxury furniture. Increasing residential construction activity across the world is driving the demand for luxury furniture. While commercial luxury furniture is expected to grow in tandem with office space across the world.

Offering premium quality is a major focus area for key players.

Giovanni Visentin S.R.L. (Italy), Scavolini S.p.A. (Italy), Heritage Home Group (US), Iola Furniture Limited (UK), Muebles Pico, Laura Ashley Holding Plc, Herman Miller, Inc. (US), Duresta Upholstery Ltd (UK), Muebles Picó (Spain), Turri SRL (Italy), Steinhoff International (South Africa), Henredon Furniture Industries Inc., Valderamobili (S.R.) (Italy), and Nella Vetrina (Italy) are some of the leading players in the global luxury furniture industry Wood is the most preferred material among end-users. Other key materials used in luxury furniture include metal, plastic, leather, glass, and others.

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Luxury Furniture Market

3.Market Dynamics & Factors Analysis

3.1.Introduction
3.1.1. Global Luxury Furniture Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Type
3.3.2.Material
3.3.3.Application
3.3.4.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Types
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Luxury Furniture Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Luxury Furniture Market, by Country, 2015-2027(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Luxury Furniture Market, by Type, 2015-2027(US$ Bn)
6.2.1.Overview
6.2.2.Chairs
6.2.3.Sofas
6.2.4.Tables
6.2.5.Beds
6.2.6.Cabinets
6.2.7.Others
6.3.North America Luxury Furniture Market, by Material, 2015-2027(US$ Bn)
6.3.1.Overview
6.3.2.Wood
6.3.3.Metal
6.3.4.Glass
6.3.5.Leather
6.3.6.Plastic
6.3.7.Others
6.4.North America Luxury Furniture Market, by Application, 2015-2027(US$ Bn)
6.4.1.Overview
6.4.2.Domestic use
6.4.2.1.Living & Bedroom
6.4.2.2.Kitchen
6.4.2.3.Lighting
6.4.2.4.Outdoor
6.4.2.5.Bathroom
6.4.3.Commercial use
6.4.3.1.Hospitality
6.4.3.2.Office
6.4.3.3.Others

7.Europe

7.1.Europe Luxury Furniture Market, by Country, 2015-2027(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Luxury Furniture Market, by Type, 2015-2027(US$ Bn)
7.2.1.Overview
7.2.2.Chairs
7.2.3.Sofas
7.2.4.Tables
7.2.5.Beds
7.2.6.Cabinets
7.2.7.Others
7.3.Europe Luxury Furniture Market, by Material, 2015-2027(US$ Bn)
7.3.1.Overview
7.3.2.Wood
7.3.3.Metal
7.3.4.Glass
7.3.5.Leather
7.3.6.Plastic
7.3.7.Others
7.4.Europe Luxury Furniture Market, by Application, 2015-2027(US$ Bn)
7.4.1.Overview
7.4.2.Domestic use
7.4.2.1.Living & Bedroom
7.4.2.2.Kitchen
7.4.2.3.Lighting
7.4.2.4.Outdoor
7.4.2.5.Bathroom
7.4.3.Commercial use
7.4.3.1.Hospitality
7.4.3.2.Office
7.4.3.3.Others

8.Asia Pacific

8.1.Asia Pacific Luxury Furniture Market, by Country, 2015-2027(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Luxury Furniture Market, by Type, 2015-2027(US$ Bn)
8.2.1.Overview
8.2.2.Chairs
8.2.3.Sofas
8.2.4.Tables
8.2.5.Beds
8.2.6.Cabinets
8.2.7.Others
8.3.Asia Pacific Luxury Furniture Market, by Material, 2015-2027(US$ Bn)
8.3.1.Overview
8.3.2.Wood
8.3.3.Metal
8.3.4.Glass
8.3.5.Leather
8.3.6.Plastic
8.3.7.Others
8.4.Asia Pacific Luxury Furniture Market, by Application, 2015-2027(US$ Bn)
8.4.1.Overview
8.4.2.Domestic use
8.4.2.1.Living & Bedroom
8.4.2.2.Kitchen
8.4.2.3.Lighting
8.4.2.4.Outdoor
8.4.2.5.Bathroom
8.4.3.Commercial use
8.4.3.1.Hospitality
8.4.3.2.Office
8.4.3.3.Others

9.Latin America

9.1.Latin America Luxury Furniture Market, by Country, 2015-2027(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Luxury Furniture Market, by Type, 2015-2027(US$ Bn)
9.2.1.Overview
9.2.2.Chairs
9.2.3.Sofas
9.2.4.Tables
9.2.5.Beds
9.2.6.Cabinets
9.2.7.Others
9.3.Latin America Luxury Furniture Market, by Material, 2015-2027(US$ Bn)
9.3.1.Overview
9.3.2.Wood
9.3.3.Metal
9.3.4.Glass
9.3.5.Leather
9.3.6.Plastic
9.3.7.Others
9.4.Latin America Luxury Furniture Market, by Application, 2015-2027(US$ Bn)
9.4.1.Overview
9.4.2.Domestic use
9.4.2.1.Living & Bedroom
9.4.2.2.Kitchen
9.4.2.3.Lighting
9.4.2.4.Outdoor
9.4.2.5.Bathroom
9.4.3.Commercial use
9.4.3.1.Hospitality
9.4.3.2.Office
9.4.3.3.Others

10.Middle East

10.1.Middle East Luxury Furniture Market, by Country, 2015-2027(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Luxury Furniture Market, by Type, 2015-2027(US$ Bn)
10.2.1.Overview
10.2.2.Chairs
10.2.3.Sofas
10.2.4.Tables
10.2.5.Beds
10.2.6.Cabinets
10.2.7.Others
10.3.Middle East Luxury Furniture Market, by Material, 2015-2027(US$ Bn)
10.3.1.Overview
10.3.2.Wood
10.3.3.Metal
10.3.4.Glass
10.3.5.Leather
10.3.6.Plastic
10.3.7.Others
10.4.Middle East Luxury Furniture Market, by Application, 2015-2027(US$ Bn)
10.4.1.Overview
10.4.2.Domestic use
10.4.2.1.Living & Bedroom
10.4.2.2.Kitchen
10.4.2.3.Lighting
10.4.2.4.Outdoor
10.4.2.5.Bathroom
10.4.3.Commercial use
10.4.3.1.Hospitality
10.4.3.2.Office
10.4.3.3.Others

11.Africa

11.1.Africa Luxury Furniture Market, by Country, 2015-2027(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Luxury Furniture Market, by Type, 2015-2027(US$ Bn)
11.2.1.Overview
11.2.2.Chairs
11.2.3.Sofas
11.2.4.Tables
11.2.5.Beds
11.2.6.Cabinets
11.2.7.Others
11.3.Africa Luxury Furniture Market, by Material, 2015-2027(US$ Bn)
11.3.1.Overview
11.3.2.Wood
11.3.3.Metal
11.3.4.Glass
11.3.5.Leather
11.3.6.Plastic
11.3.7.Others
11.4.Africa Luxury Furniture Market, by Application, 2015-2027(US$ Bn)
11.4.1.Overview
11.4.2.Domestic use
11.4.2.1.Living & Bedroom
11.4.2.2.Kitchen
11.4.2.3.Lighting
11.4.2.4.Outdoor
11.4.2.5.Bathroom
11.4.3.Commercial use
11.4.3.1.Hospitality
11.4.3.2.Office
11.4.3.3.Others

12.Global

12.1.Global Luxury Furniture Market, by Type, 2015-2027(US$ Bn)
12.1.1.Overview
12.1.2.Chairs
12.1.3.Sofas
12.1.4.Tables
12.1.5.Beds
12.1.6.Cabinets
12.1.7.Others
12.2.Global Luxury Furniture Market, by Material, 2015-2027(US$ Bn)
12.2.1.Overview
12.2.2.Wood
12.2.3.Metal
12.2.4.Glass
12.2.5.Leather
12.2.6.Plastic
12.2.7.Others
12.3.Global Luxury Furniture Market, by Application, 2015-2027(US$ Bn)
12.3.1.Overview
12.3.2.Domestic use
12.3.2.1.Living & Bedroom
12.3.2.2.Kitchen
12.3.2.3.Lighting
12.3.2.4.Outdoor
12.3.2.5.Bathroom
12.3.3.Commercial use
12.3.3.1.Hospitality
12.3.3.2.Office
12.3.3.3.Others

13.Company Profiles

13.1.Giovanni Visentin S.R.L. (Italy)
13.2.Scavolini S.p.a. (Italy)
13.3.Heritage Home Group (US)
13.4.Iola Furniture Limited (UK)
13.5.Muebles Pico
13.6.Laura Ashley Holding Plc
13.7.Herman Miller, Inc. (US)
13.8.Duresta Upholstery Ltd (UK)
13.9.Muebles Picó (Spain)
13.10.Turri SRL (Italy)
13.11.Steinhoff International (South Africa)
13.12.Henredon Furniture Industries Inc.
13.13.Valderamobili (S.R.L.) (Italy)
13.14.Nella Vetrina (Italy)
Others

List of Figures

FIG. 1 Global Luxury Furniture Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Luxury Furniture Market Segmentation

FIG. 4 Global Luxury Furniture Market, by Type, 2019 (US$ Bn)

FIG. 5 Global Luxury Furniture Market, by Material, 2019 (US$ Bn)

FIG. 6 Global Luxury Furniture Market, by Geography, 2019 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2019

FIG. 8 Global Market Positioning of Key Luxury Furniture Market Manufacturers, 2019

FIG. 9 Global Luxury Furniture Market Value Contribution, By Type, 2020 & 2027 (Value %)

FIG. 10 Global Luxury Furniture Market, by Chairs, Value, 2015-2027 (US$ Bn)

FIG. 11 Global Luxury Furniture Market, by Sofas, Value, 2015-2027 (US$ Bn)

FIG. 12 Global Luxury Furniture Market, by Cabinets, Value, 2015-2027 (US$ Bn)

FIG. 13 Global Luxury Furniture Market, by Tables, Value, 2015-2027 (US$ Bn)

FIG. 14 Global Luxury Furniture Market, by Beds, Value, 2015-2027 (US$ Bn)

FIG. 15 Global Luxury Furniture Market, by Other Types, Value, 2015-2027 (US$ Bn)

FIG. 16 Global Luxury Furniture Market Value Contribution, By Material, 2020 & 2027 (Value %)

FIG. 17 Global Luxury Furniture Market, by Wood, Value, 2015-2027 (US$ Bn)

FIG. 18 Global Luxury Furniture Market, by Metal, Value, 2015-2027 (US$ Bn)

FIG. 19 Global Luxury Furniture Market, by Glass, Value, 2015-2027 (US$ Bn)

FIG. 20 Global Luxury Furniture Market, by Leather, Value, 2015-2027 (US$ Bn)

FIG. 21 Global Luxury Furniture Market, by Plastic, Value, 2015-2027 (US$ Bn)

FIG. 22 Global Luxury Furniture Market Value Contribution, By Application, 2020 & 2027 (Value %)

FIG. 23 Global Luxury Furniture Market, by Domestic use, Value, 2015-2027 (US$ Bn)

FIG. 24 Global Luxury Furniture Market, by Living & Bedroom, Value, 2015-2027 (US$ Bn)

FIG. 25 Global Luxury Furniture Market, by Kitchen, Value, 2015-2027 (US$ Bn)

FIG. 26 Global Luxury Furniture Market, by Lighting, Value, 2015-2027 (US$ Bn)

FIG. 27 Global Luxury Furniture Market, by Outdoor, Value, 2015-2027 (US$ Bn)

FIG. 28 Global Luxury Furniture Market, by Bathroom, Value, 2015-2027 (US$ Bn)

FIG. 29 Global Luxury Furniture Market, by Commercial, Value, 2015-2027 (US$ Bn)

FIG. 30 Global Luxury Furniture Market, by Hospitality, Value, 2015-2027 (US$ Bn)

FIG. 31 Global Luxury Furniture Market, by Office, Value, 2015-2027 (US$ Bn)

FIG. 32 Global Luxury Furniture Market, by Others, Value, 2015-2027 (US$ Bn)

FIG. 33 U.S. Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 34 Rest of North America Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 35 U.K. Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 36 Germany Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 37 France Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 38 Italy Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 39 Spain Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 40 Russia Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 41 BENELUX Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 42 Poland Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 43 Austria Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 44 Rest of Europe Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 45 Japan Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 46 China Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 47 India Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 48 South Korea Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 49 Australia Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 50 Southeast Asia Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 51 Rest of Asia Pacific Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 52 Middle East & Africa Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 53 South Africa Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 54 Nigeria Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 55 Egypt Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 56 GCC Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 57 Israel Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 58 Latin America Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 59 Mechanicalzil Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 60 Argentina Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 61 Colombia Luxury Furniture Market, 2015-2027 (US$ Bn)

FIG. 62 Peru Luxury Furniture Market, 2015-2027 (US$ Bn)

Chile Luxury Furniture Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Beauty Devices (Luxury Furniture) Market

TABLE 2 Global Luxury Furniture Market, by Type, 2015-2027 (US$ Bn)

TABLE 3 Global Luxury Furniture Market, by Material, 2015-2027 (US$ Bn)

TABLE 4 Global Luxury Furniture Market, by Geography, 2015-2027 (US$ Bn)

TABLE 5 North America Luxury Furniture Market, by Type, 2015-2027 (US$ Bn)

TABLE 6 North America Luxury Furniture Market, by Material, 2015-2027 (US$ Bn)

TABLE 7 North America Luxury Furniture Market, by Country, 2015-2027 (US$ Bn)

TABLE 8 Europe Luxury Furniture Market, by Type, 2015-2027 (US$ Bn)

TABLE 9 Europe Luxury Furniture Market, by Material, 2015-2027 (US$ Bn)

TABLE 10 Europe Luxury Furniture Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 11 Asia Pacific Luxury Furniture Market, by Type, 2015-2027 (US$ Bn)

TABLE 12 Asia Pacific Luxury Furniture Market, by Material, 2015-2027 (US$ Bn)

TABLE 13 Asia Pacific Luxury Furniture Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 14 Latin America Luxury Furniture Market, by Type, 2015-2027 (US$ Bn)

TABLE 15 Latin America Luxury Furniture Market, by Material, 2015-2027 (US$ Bn)

TABLE 16 Latin America Luxury Furniture Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 17 Middle East Luxury Furniture Market, by Type, 2015-2027 (US$ Bn)

TABLE 18 Middle East Luxury Furniture Market, by Material, 2015-2027 (US$ Bn)

TABLE 19 Middle East Luxury Furniture Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 20 Africa Luxury Furniture Market, by Type, 2015-2027 (US$ Bn)

TABLE 21 Africa Luxury Furniture Market, by Material, 2015-2027 (US$ Bn)

TABLE 22 Africa Luxury Furniture Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 23 Giovanni Visentin S.R.L. (Italy): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 24 Scavolini S.p.a. (Italy): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 25 Heritage Home Group (US): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 26 Iola Furniture Limited (UK): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 27 Muebles Pico: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 28 Laura Ashley Holding Plc: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 29 Herman Miller, Inc. (US): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 30 Duresta Upholstery Ltd (UK): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 31 Muebles Picó (Spain): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 32 Turri SRL (Italy): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 33 Steinhoff International (South Africa): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 34 Henredon Furniture Industries Inc.: Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

TABLE 35 Valderamobili (S.R.L.) (Italy): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

Nella Vetrina (Italy): Company Snapshot (Company Overview; Type Portfolio; Financial Information; Key Developments

Frequently Asked Questions:

How COVID 19 Impacted Luxury Furniture Market?

Likewise other industries, COVID 19 also taken a toll on Luxury Furniture market with around 12.34% decline in 2020 in its revenue as compare to 2019

Which is the leading regional market for Luxury Furniture?

Europe is the largest regional market with highest share in the total volume of Luxury Furniture consumed in 2020

What is the major growth driving factors for global Luxury Furniture market?

Increasing expenditure by women on skin care products to drive the demand

Which is major segment in Luxury Furniture market by type?

Skincare Luxury Furniture segment dominated the Luxury Furniture market in 2020

Which is major segment in Luxury Furniture market by distribution channel?

Supermarkets/Hypermarkets was the largest distribution channel of Luxury Furniture in 2020

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