Book Description

How big is the Global Luxury Furniture market?
According to MarkNtel Advisors study, The Global Luxury Furniture Market size was valued at around USD 27.65 billion in 2023 and is estimated to grow at a CAGR of about 5.67% during the forecast period, i.e., 2024-30.

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Global Luxury Furniture Market Trend:
Integration of Advanced Technology & Smart Features into High-end Furniture Products - In recent years, the luxury furniture industry has experienced a significant upswing, due to the integration of smart technology into their products, allowing consumers to control various aspects of their living spaces through furniture. This includes features like built-in charging stations, LED lighting, and furniture with integrated smart home capabilities, such as speakers, wireless charging, and automation. Thus, the integration of furniture with smart homes enhances the convenience and usability of luxury furniture, catering to tech-savvy consumers across the globe. The biggest players in the luxury furniture market such as Duresta, Herman Miller, Inc., etc. are dynamically innovating in terms of production, design, and materials to create unique furniture pieces that resonate with smart homes globally. As, luxury furniture, known for its elevated comfort level, is gaining popularity among consumers across the globe, which is further anticipated to elevate the luxury furniture market growth in the forthcoming years.

Leading Companies in the Global Luxury Furniture market:
Cassina S.p.A.
Kimball International Inc.
Marge Carson
Fendi Casa
Brown Jordan Inc.
B&B Italia
Marioni
Boca Do Lobo
Duresta
Bentley Home
Natuzzi
Haworth, Inc.
West Elm
Pico Muebles
Maiden Home
Other
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Global Luxury Furniture Market Segmentation:
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)
Indoor luxury furniture represented a substantial segment of the Global Luxury Furniture Market during the historical years.

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)
Regional/ Countries Insight:
North America
South America
Europe
The Middle East & Africa
Asia-Pacific
North America accounted for a considerable luxury furniture market share during the historical years.

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About MarkNtel Advisors:
MarkNtel Advisors is a leading consulting, data analytics, and market research company that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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