Global Luxury Furniture Market to Witness a Pronounce Growth During 2025

Market Research Report Store offers a latest published report on Luxury Furniture Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
 
This report focuses on the key global Luxury Furniture players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
 
To analyze the Luxury Furniture with respect to individual growth trends, future prospects, and their contribution to the total market.
 
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Luxury furniture is a work of art, designed and completed with the highest level of finish, well balanced and of superlative quality.It is usually made from very best materials such as top quality wood, top quality leather and top quality glass.
 
The luxury furniture market is very fragmented concentrated market; key players includes Restoration Hardware, Hooker Furniture Corporation, Knoll, Kimball, Molteni Group, Poltrona Frau, Roche Bobois, Scavolini S.p.A., B&B Italia, Minotti, Ligne Roset, Luxury Living Group (Fendi Casa) etc; the revenue of top ten manufacturers accounts about 12% of the total revenue in 2018.The luxury furniture is classified into the Wood, Metal, Glass and other according to the product material. As of 2018, Wood luxury furniture segment dominates the market contributing about 46.86% market share, reach to 2308.25 million dollars, followed by metal luxury furniture and glass luxury furniture, which occupied 25.53% and 15.53% respectively. luxury furniture mainly sales to residential and commercial (office, retail, hospitality and other commercial), in 2018, residential occupied the largest luxury furniture consumption market, with 79.44% market share, reach to 29683 million.Europe would account for the highest consumption in 2025 as a result of mature market and advance in living standard, but development countries have the highest growth rate. Vendors recognize the importance of this region, particularly in Russia, Brazil, India and Africa are working towards penetrating this market by strengthening their sales and distribution networks. China luxury furniture market is facing with huge challenges as a result of domestic real estate regulation policy
 
In 2018, the global Luxury Furniture market size was 37360 million US$ and it is expected to reach 50460 million US$ by the end of 2025, with a CAGR of 4.4% during 2019-2025.                    
 
Market Segment by Manufacturers, this report covers
Restoration Hardware
Hooker Furniture Corporation
Knoll
Kimball Hospitality
Molteni Group
Poltrona Frau
Roche Bobois
Scavolini S.p.A.
B&B Italia
Minotti
Ligne Roset
Luxury Living Group (Fendi Casa)
Suyen Furniture Group
Fitz Hansen
Eichholtz
Interi Furniture
Turri S.r.l.
Boca do Lobo
Edra
Muebles Pico        
 
Market Segment by Type, covers
Wood
Metal
Glass
Other
 
Market Segment by Applications, can be divided into
Residential
Commercial
 
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Related Information:

North America Luxury Furniture Market Growth 2019-2024
United States Luxury Furniture Market Growth 2019-2024
Asia-Pacific Luxury Furniture Market Growth 2019-2024
Europe Luxury Furniture Market Growth 2019-2024
EMEA Luxury Furniture Market Growth 2019-2024
Global Luxury Furniture Market Growth 2019-2024
China Luxury Furniture Market Growth 2019-2024
 

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