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Global Luxury Furniture Market - Expectation Surges with Rising Demand and Changing Trends including Key Players: Nella Vetrina, Giovanni Visentin, Duresta Upholstery Ltd., Muebles Pico, Valderamobili S.r.l, Laura Ashley Holding Plc

Global Luxury Furniture Market - Expectation Surges with Rising

The Global Luxury Furniture Market is expected to gain traction owing to rising investments in commercial domain and escalated eminence of environment friendly furniture amongst users. Luxury furniture is branded furniture made with the luxury and unique materials, expert workmanship, and bespoke elements and finishing. Luxury furniture is priced higher than regular furniture and is available in limited quantities. Luxury furniture is made using crafted materials such as metal, glass, and wood to enhance the aesthetic value of a space. Designers and luxury furniture companies are also developing environment friendly furniture owing to growing environmental concerns.

Growing real estate sector, and increasing disposable income boost the Luxury Furniture Market.
The increasing construction of new structures, renovation, and remodelling of existing buildings primarily drives the growth of the luxury furniture market. The growing disposable income of consumers along with the rapid growth in industrialization further augments luxury furniture market growth. The increasing investments by the commercial sector and enterprises for enhancing workspaces further supports market growth. The growth in urban population and changing consumer behaviour accelerates the growth of the luxury furniture market. Other factors driving the market include increasing disposable income, growing trend of design, and aesthetics, and growth in real estate industry. Growing demand from emerging economies, and development of green and sustainable buildings is expected to provide numerous growth opportunities in the coming years.

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Global Luxury Furniture Market Taxonomy

The global Luxury furniture market is segmented on the basis of material, end-user, and geography.

By Material
• Leather
• Wood
• Glass
• Plastic
• Others

By End-User
• Residential
• Commercial

Geographically, the global luxury furniture market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Increasing urbanization, and high disposable income boost the market growth of Europe luxury furniture market

On the basis of geography, Europe is expected to dominate the global Luxury furniture market over forecast period. A significant increase in disposable income, and construction and renovation of residential buildings drive the growth of the Europe luxury furniture market. Other driving factors include growth in real estate industry, and development of commercial spaces. The increasing trend of design and aesthetics supports the market growth in the region.

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Key players in the global Luxury Furniture market are:

• Nella Vetrina
• Giovanni Visentin
• Duresta Upholstery Ltd.
• Muebles Pico
• Valderamobili S.r.l
• Laura Ashley Holding Plc
• Henredon Furniture Industries Inc
• Turri S.r.l.
• Iola Furniture Ltd.
• Scavolini

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact us
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: neel@polarismarketresearch.com
Web: www.polarismarketresearch.com

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