[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Luxury Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

April 2019 | 109 pages | ID: L34A31130E7EN
IMARC Group

US$ 1,799.00 US$ 1,999.00 -10 %
Offer valid until December 31, 2024!

E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Luxury furniture refers to movable pieces of furniture made by skilled craftsmen using the best quality material and designed with zero margin for error. It adds to the aesthetic value of the commercial and household establishments, such as hotels, offices, homes and other indoor and outdoor areas. The changing lifestyles and constantly improving living standards of the people in the urbanised regions are increasingly adopting luxury furniture. Moreover, manufacturers are coming up with striking new designs of furniture and collaborating with interior designers to increase their visibility to capture a wider customer base. According to the latest report by IMARC Group, titled “Luxury Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global luxury furniture market reached a value of around US$ 25 Billion in 2018.

The significant growth in the real estate sector is continuously influencing the demand for luxury furniture across both the residential and commercial sectors. In addition to this, the increasing penetration of online retailing and growing population, particularly in the developing nations, are fostering the growth of the luxury furniture market. Further, the rising disposable incomes have inclined the consumers towards purchasing luxury items which act as a status symbol and add value to a space, catalysing the global luxury furniture market. Some of the other factors spurring the market growth are growing preference for branding and positioning, accelerating demand for eco-friendly luxury furniture, rising impact of globalisation, the low operational cost and expanding infrastructure investments. Looking forward, the market value is projected to reach a value of US$ 31 Billion by 2024, expanding at a CAGR of 3.8% during 2019-2024.

Market Summary:

Based on the raw material, wood accounts for the largest market share, followed by metal. Other popular raw materials include glass, leather and plastic.
On the basis of application, the market has been segregated into domestic and commercial sectors, wherein the domestic sector currently represents the largest segment, holding the majority of the total market. The domestic sector is further segmented as living room and bedroom, kitchen, bathroom, outdoor and lighting. Whereas, the commercial sector is categorised as office, hospitality and others.
On the basis of distribution channel, the market has been further categorised into departmental stores, online stores, independent furniture retailer, factory outlets and others.
Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Amongst these, Europe is the leading market, accounting for the majority of the global market, followed by North America and Asia Pacific.
The competitive landscape of the market has also been examined with some of the key players being Giovanni Visentin Srl, Laura Ashley Holdings, Muebles Pico Sa, Scavolini Spa and Hfi Wind Down, Inc.
This report provides a deep insight into the global luxury furniture market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the luxury furniture industry in any manner.

Key Questions Answered in This Report:

How has the global luxury furniture market performed so far and how will it perform in the coming years?
What are the key regions in the global luxury furniture market?
What are the key application segments in the global luxury furniture market?
What are the major raw materials in the global luxury furniture market?
What are the key distribution channels in the global luxury furniture market?
What are the various stages in the value chain of the global luxury furniture industry?
What are the key driving factors and challenges in the global luxury furniture industry?
What is the structure of the global luxury furniture industry and who are the key players?
What is the degree of competition in the global luxury furniture industry?
How is luxury furniture manufactured?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL LUXURY FURNITURE MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Raw Material
5.4 Market Breakup by Application
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
  5.8.1 Overview
  5.8.2 Strengths
  5.8.3 Weaknesses
  5.8.4 Opportunities
  5.8.5 Threats
5.9 Value Chain Analysis
  5.9.1 Overview
  5.9.2 Research and Development
  5.9.3 Raw Material Procurement
  5.9.4 Manufacturing
  5.9.5 Marketing and Distribution
  5.9.6 Retailer
  5.9.7 End-User
5.10 Porters Five Forces Analysis
  5.10.1 Overview
  5.10.2 Bargaining Power of Buyers
  5.10.3 Bargaining Power of Suppliers
  5.10.4 Degree of Competition
  5.10.5 Threat of New Entrants
  5.10.6 Threat of Substitutes

6 MARKET BREAKUP BY RAW MATERIAL

6.1 Wood
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Metal
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Glass
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Leather
  6.4.1 Market Trends
  6.4.2 Market Forecast
6.5 Plastic
  6.5.1 Market Trends
  6.5.2 Market Forecast
6.6 Others
  6.6.1 Market Trends
  6.6.2 Market Forecast

7 MARKET BREAKUP BY APPLICATION

7.1 Domestic
  7.1.1 Living Room and Bedroom
    7.1.1.1 Market Trends
    7.1.1.2 Market Forecast
  7.1.2 Kitchen
    7.1.2.1 Market Trends
    7.1.2.2 Market Forecast
  7.1.3 Bathroom
    7.1.3.1 Market Trends
    7.1.3.2 Market Forecast
  7.1.4 Outdoor
    7.1.4.1 Market Trends
    7.1.4.2 Market Forecast
  7.1.5 Lighting
    7.1.5.1 Market Trends
    7.1.5.2 Market Forecast
7.2 Commercial
  7.2.1 Office
    7.2.1.1 Market Trends
    7.2.1.2 Market Forecast
  7.2.2 Hospitality
    7.2.2.1 Market Trends
    7.2.2.2 Market Forecast
  7.2.3 Others
    7.2.3.1 Market Trends
    7.2.3.2 Market Forecast

8 MARKET BREAKUP BY DISTRIBUTION CHANNEL

8.1 Departmental Stores
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Online Stores
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Independent Furniture Retailers
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Factory Outlets
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Others
  8.5.1 Market Trends
  8.5.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 Europe
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 North America
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Asia Pacific
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4 Middle East and Africa
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5 Latin America
  9.5.1 Market Trends
  9.5.2 Market Forecast

10 LUXURY FURNITURE MANUFACTURING PROCESS

10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors

11 COMPETITIVE LANDSCAPE

11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
  11.3.1 Giovanni Visentin Srl
    11.3.1.1 Company Overview
    11.3.1.2 Description
    11.3.1.3 Product Portfolio
    11.3.1.4 Financials
  11.3.2 Laura Ashley Holdings
    11.3.2.1 Company Overview
    11.3.2.2 Description
    11.3.2.3 Product Portfolio
    11.3.2.4 Financials
    11.3.2.5 SWOT Analysis
  11.3.3 Muebles Pico Sa
    11.3.3.1 Company Overview
    11.3.3.2 Description
    11.3.3.3 Product Portfolio
    11.3.3.4 Financials
  11.3.4 Scavolini Spa
    11.3.4.1 Company Overview
    11.3.4.2 Description
    11.3.4.3 Product Portfolio
    11.3.4.4 Financials
  11.3.5 Hfi Wind Down, Inc.
    11.3.5.1 Company Overview
    11.3.5.2 Description
    11.3.5.3 Product Portfolio

LIST OF TABLES

Table 1: Global: Luxury Furniture Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Luxury Furniture Market Forecast: Breakup by Raw Material (in Million US$), 2019-2024
Table 3: Global: Luxury Furniture Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 4: Global: Luxury Furniture Market Forecast: Breakup by Distribution Channel (in Million US$), 2019-2024
Table 5: Global: Luxury Furniture Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Luxury Furniture: Raw Material Requirements
Table 7: Global: Luxury Furniture Market: Competitive Structure
Table 8: Global: Luxury Furniture Market: Key Players

LIST OF FIGURES

Figure 1: Global: Luxury Furniture Market: Major Drivers and Challenges
Figure 2: Global: Luxury Furniture Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Luxury Furniture Market: Breakup by Raw Material (in %), 2018
Figure 4: Global: Luxury Furniture Market: Breakup by Application (in %), 2018
Figure 5: Global: Luxury Furniture Market: Breakup by Distribution Channel (in %), 2018
Figure 6: Global: Luxury Furniture Market: Breakup by Region (in %), 2018
Figure 7: Global: Luxury Furniture Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Global: Luxury Furniture Industry: SWOT Analysis
Figure 9: Global: Luxury Furniture Industry: Value Chain Analysis
Figure 10: Global: Luxury Furniture Industry: Porter’s Five Forces Analysis
Figure 11: Global: Luxury Furniture (Wood) Market: Sales Value (in Million US$), 2011 & 2018
Figure 12: Global: Luxury Furniture (Wood) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Luxury Furniture (Metal) Market: Sales Value (in Million US$), 2011 & 2018
Figure 14: Global: Luxury Furniture (Metal) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Luxury Furniture (Glass) Market: Sales Value (in Million US$), 2011 & 2018
Figure 16: Global: Luxury Furniture (Glass) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Luxury Furniture (Leather) Market: Sales Value (in Million US$), 2011 & 2018
Figure 18: Global: Luxury Furniture (Leather) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Luxury Furniture (Plastic) Market: Sales Value (in Million US$), 2011 & 2018
Figure 20: Global: Luxury Furniture (Plastic) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Luxury Furniture (Other Type of Raw Materials) Market: Sales Value (in Million US$), 2011 & 2018
Figure 22: Global: Luxury Furniture (Other Type of Raw Materials) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Luxury Furniture Market (Applications in the Domestic Sector): Sales Value (in Million US$), 2011 & 2018
Figure 24: Global: Luxury Furniture Market Forecast (Applications in the Domestic Sector): Sales Value (in Million US$), 2019-2024
Figure 25: Global: Luxury Furniture Market (Applications in Living Room and Bedroom): Sales Value (in Million US$), 2011 & 2018
Figure 26: Global: Luxury Furniture Market Forecast (Applications in Living Room and Bedroom): Sales Value (in Million US$), 2019-2024
Figure 27: Global: Luxury Furniture Market (Applications in Kitchen): Sales Value (in Million US$), 2011 & 2018
Figure 28: Global: Luxury Furniture Market Forecast (Applications in Kitchen): Sales Value (in Million US$), 2019-2024
Figure 29: Global: Luxury Furniture Market (Applications in Bathroom): Sales Value (in Million US$), 2011 & 2018
Figure 30: Global: Luxury Furniture Market Forecast (Applications in Bathroom): Sales Value (in Million US$), 2019-2024
Figure 31: Global: Luxury Furniture Market (Outdoor Applications): Sales Value (in Million US$), 2011 & 2018
Figure 32: Global: Luxury Furniture Market Forecast (Outdoor Applications): Sales Value (in Million US$), 2019-2024
Figure 33: Global: Luxury Furniture Market (Lighting Applications): Sales Value (in Million US$), 2011 & 2018
Figure 34: Global: Luxury Furniture Market Forecast (Lighting Applications): Sales Value (in Million US$), 2019-2024
Figure 35: Global: Luxury Furniture Market (Applications in the Commercial Sector): Sales Value (in Million US$), 2011 & 2018
Figure 36: Global: Luxury Furniture Market Forecast (Applications in the Commercial Sector): Sales Value (in Million US$), 2019-2024
Figure 37: Global: Luxury Furniture Market (Office Applications): Sales Value (in Million US$), 2011 & 2018
Figure 38: Global: Luxury Furniture Market Forecast (Office Applications): Sales Value (in Million US$), 2019-2024
Figure 39: Global: Luxury Furniture Market (Applications in the Hospitality Sector): Sales Value (in Million US$), 2011 & 2018
Figure 40: Global: Luxury Furniture Market Forecast (Applications in the Hospitality Sector): Sales Value (in Million US$), 2019-2024
Figure 41: Global: Luxury Furniture Market (Other Applications): Sales Value (in Million US$), 2011 & 2018
Figure 42: Global: Luxury Furniture Market Forecast (Other Applications): Sales Value (in Million US$), 2019-2024
Figure 43: Global: Luxury Furniture Market: Sales through Departmental Stores (in Million US$), 2011 & 2018
Figure 44: Global: Luxury Furniture Market Forecast: Sales through Departmental Stores (in Million US$), 2019-2024
Figure 45: Global: Luxury Furniture Market: Sales through Online Stores (in Million US$), 2011 & 2018
Figure 46: Global: Luxury Furniture Market Forecast: Sales through Online Stores (in Million US$), 2019-2024
Figure 47: Global: Luxury Furniture Market: Sales through Independent Furniture Retailers (in Million US$), 2011 & 2018
Figure 48: Global: Luxury Furniture Market Forecast: Sales through Independent Furniture Retailers (in Million US$), 2019-2024
Figure 49: Global: Luxury Furniture Market: Sales through Factory Outlets (in Million US$), 2011 & 2018
Figure 50: Global: Luxury Furniture Market Forecast: Sales through Factory Outlets (in Million US$), 2019-2024
Figure 51: Global: Luxury Furniture Market: Sales through Other Distribution Channels (in Million US$), 2011 & 2018
Figure 52: Global: Luxury Furniture Market Forecast: Sales through Other Distribution Channels (in Million US$), 2019-2024
Figure 53: Europe: Luxury Furniture Market: Sales Value (in Million US$), 2011 & 2018
Figure 54: Europe: Luxury Furniture Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 55: North America: Luxury Furniture Market: Sales Value (in Million US$), 2011 & 2018
Figure 56: North America: Luxury Furniture Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 57: Asia Pacific: Luxury Furniture Market: Sales Value (in Million US$), 2011 & 2018
Figure 58: Asia Pacific: Luxury Furniture Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 59: Middle East and Africa: Luxury Furniture Market: Sales Value (in Million US$), 2011 & 2018
Figure 60: Middle East and Africa: Luxury Furniture Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 61: Latin America: Luxury Furniture Market: Sales Value (in Million US$), 2011 & 2018
Figure 62: Latin America: Luxury Furniture Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 63: Luxury Furniture Manufacturing: Detailed Process Flow


More Publications