Market Scenario
Luxury Furniture market globally is driven by the growth of real-estate sector. The increased number of residential and commercial projects has led to the widening demand for luxury furniture. With the increased awareness about aesthetic values and innovative designs in furnishings the luxury furniture market has grown over the years. This is further backed by greater urbanization and change in lifestyles of people. The global Luxury Furniture market is expected reach US$ XX Million at the end of the forecasted period and is expected to grow at CAGR of X.X% from 2016 to 2021.
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Segments
Global Luxury Furniture market is segmented on the basis of Raw material used, Retail formats, End-use and Region. On the basis of raw material it is segmented as Wood, Metal, Plastic and others. On the basis of Retail formats it is segmented as furniture retailers, departmental stores, online retailing, and others. On the basis of end-use it is segmented as residential and commercial. Additionally on the basis of region, it is segmented as North America, Europe, APAC and Rest of the World.
Regional Analysis of Global Luxury Furniture Market
APAC dominates the global luxury furniture market with its fast growing market worldwide. It will expand at a CAGR XX% over the forecast period. The growth of real-estate sector is attributing to the share of APAC. The factors such as increasing real-estate projects, increased foreign investment in construction and innovations in the industry are driving the market for Luxury Furniture.
It is followed by North America which is expected to grow rapidly over $XX million by 2021. Europe and Rest of the World are also expected to grow at CAGR of XX% respectively from 2016 to 2021.
Key Players
The key players of Global Luxury Furniture Market report include- Duresta Upholstery Ltd., Valderamobili s.r.l., Giovanni Visentin s.r.l., Scavolini Spa, Laura Ashley Holding Plc, Iola Furniture Ltd., Henredon Furniture Industries Inc., Turri S.r.l. and Muebles Pico.
The report for Global Luxury Furniture Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Study Objectives of Global Luxury Furniture Market
To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the Global Luxury Furniture Market
To provide insights about factors affecting the market growth
To analyze the global luxury furniture market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by raw material, retails formats, end-use and region.
To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global luxury furniture market
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