Luxury Furniture Market Overview

As per recent research by MarkNtel Advisors, the global Luxury Furniture Market size was valued at around USD 27.65 billion in 2023 & is projected to reach around USD 41.95 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.67% during the forecast period, i.e., 2024-30.

Luxury Furniture Market Dynamics

Market Drivers : Expanding Real Estate Sector to Escalate Market Growth –

During the historical years, the consistent growth of the real estate sector, especially in the luxury and upscale property segment, significantly contributed to the increased demand for high-end furniture in both residential and commercial spaces. In addition, the expansion of service-based industries, such as ICT, telecommunication, etc., has widely supported the demand for luxurious furniture during 2019-23.

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Luxury Furniture Market Segmentation Overview 2024-2030: Key Factors

By Type

-Indoor Furniture- Market Size & Forecast 2019-2030, (USD Million)

-Bedroom Furniture- Market Size & Forecast 2019-2030, (USD Million)

-Dining Furniture- Market Size & Forecast 2019-2030, (USD Million)

-Office Furniture- Market Size & Forecast 2019-2030, (USD Million)

-Kitchen Furniture- Market Size & Forecast 2019-2030, (USD Million)

-Living Room Furniture- Market Size & Forecast 2019-2030, (USD Million)

-Outdoor Furniture- Market Size & Forecast 2019-2030, (USD Million)

-Patio Furniture- Market Size & Forecast 2019-2030, (USD Million)

-Rooftop Furniture- Market Size & Forecast 2019-2030, (USD Million)

-Beachfront Furniture- Market Size & Forecast 2019-2030, (USD Million)

-Others (Poolside, Deck Furniture, etc.)- Market Size & Forecast 2019-2030, (USD Million)

By Type of Furniture

-Bed- Market Size & Forecast 2019-2030, (USD Million)

-Sofa & Couch- Market Size & Forecast 2019-2030, (USD Million)

-Table & Desk- Market Size & Forecast 2019-2030, (USD Million)

-Chair & Stool- Market Size & Forecast 2019-2030, (USD Million)

-Wardrobes & Dresser- Market Size & Forecast 2019-2030, (USD Million)

-Cabinets & Nightstand- Market Size & Forecast 2019-2030, (USD Million)

-Others- Market Size & Forecast 2019-2030, (USD Million)

By Material

-Wood- Market Size & Forecast 2019-2030, (USD Million)

-Plastic- Market Size & Forecast 2019-2030, (USD Million)

-Leather- Market Size & Forecast 2019-2030, (USD Million)

-Others (Glass, Metal, etc.)- Market Size & Forecast 2019-2030, (USD Million)

By Distribution Channel

-Direct Sales- Market Size & Forecast 2019-2030, (USD Million)

-Indirect Sales- Market Size & Forecast 2019-2030, (USD Million)

-Online Platform- Market Size & Forecast 2019-2030, (USD Million)

By End User

-Residential- Market Size & Forecast 2019-2030, (USD Million)

-Offices- Market Size & Forecast 2019-2030, (USD Million)

-Commercial & Retail- Market Size & Forecast 2019-2030, (USD Million)

-Hospitality- Market Size & Forecast 2019-2030, (USD Million)

-Others (Government Agencies, etc.)- Market Size & Forecast 2019-2030, (USD Million)

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Luxury Furniture Market Geographical Insights:

By Region:

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Key Players and Competitive Strategies in the Luxury Furniture Market

Several prominent players dominate the Luxury Furniture Market, including:

• Cassina S.p.A.
• Kimball International Inc.
• Marge Carson
• Fendi Casa
• Brown Jordan Inc.
• B&B Italia
• Marioni
• Boca Do Lobo
• Duresta
• Other

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Questions Addressed in this Study

1.How big is the Luxury Furniture Market Size?

2.What is the Luxury Furniture Market Growth?

3.Who are the key players of the Luxury Furniture Market?

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Others Reports:

https://www.yourbigsky.com/business/press-releases/ein-presswire/729444787/luxury-furniture-market-valued-at-around-usd-27-65-billion-in-2023-set-to-reach-around-usd-41-95-billionBy-2030

https://www.localsyr.com/business/press-releases/ein-presswire/729444787/luxury-furniture-market-valued-at-around-usd-27-65-billion-in-2023-set-to-reach-around-usd-41-95-billionBy-2030

https://www.wwlp.com/business/press-releases/ein-presswire/729444787/luxury-furniture-market-valued-at-around-usd-27-65-billion-in-2023-set-to-reach-around-usd-41-95-billionBy-2030

https://kdvr.com/business/press-releases/ein-presswire/729444787/luxury-furniture-market-valued-at-around-usd-27-65-billion-in-2023-set-to-reach-around-usd-41-95-billionBy-2030

https://www.pahomepage.com/business/press-releases/ein-presswire/729444787/luxury-furniture-market-valued-at-around-usd-27-65-billion-in-2023-set-to-reach-around-usd-41-95-billionBy-2030

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