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Global Luxury Furniture Market Expected To Grow At CAGR Of 4.92% Between Years 2017-2021

Press Release   •   Jun 12, 2017 03:24 EDT

Latest industry research report on: Global Luxury Furniture Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Luxury furniture is differentiated from regular furniture on the basis of price range of different categories covered in the report. The price ranges are provided further in the report for different categories. Luxury furniture includes chairs, tables, desks, beds, storage, and many other products used for residential and commercial applications. The furniture is made up of raw materials such as wood, plastic, metal, and wicker.

Technavios analysts forecast the global luxury furniture market to grow at a CAGR of 4.92% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global luxury furniture market for 2017-2021. To calculate the market size, the report considers value sales of luxury furniture through distribution channels studied.

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The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW

Technavio's report, Global Luxury Furniture Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Inter IKEA Systems
  • Heritage Home Group
  • Herman Miller
  • HNI
  • MUEBLES PICO
  • Steinhoff International
  • Williams-Sonoma

Other prominent vendors

  • Ashley HomeStores
  • Berkshire Hathaway
  • Duresta
  • Giovanni Visentin
  • Kimball International
  • Knoll
  • LAURA ASHLEY
  • La-Z-Boy
  • Nella Vetrina
  • Rooms To Go.com
  • Scavolini
  • Steelcase
  • Turri

Market driver

Branding and positioning

For a full, detailed list, view our report

Market challenge

Cost challenge faced by manufacturers and retailers

For a full, detailed list, view our report

Market trend

Increase in demand for eco-friendly and green furnishings

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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