North America Luxury Furniture Market Expected to Reach $9.2 Billion | By Top Leading Companies Giovanni Visentin S.r.l., Scavolini S.p.a., Laura Ashley Holding Plc., Nella Vetrina, Henredon Furniture Industries Inc., Brown Jordan, Century Furniture LLC,

The domestic sector contributed nearly 2/3rd to the North American luxury furniture market revenue in 2015. The furniture used in living rooms and bedrooms holds the highest share in the domestic sector. The commercial sector is a comparatively smaller market, which is governed by the hospitality sector. Presence of upscale hotels, commercial infrastructures, and a booming hospitality industry account for the growth of this market in the commercial sector.

North America Luxury Furniture Market Report, published by Allied Market Research, forecasts that the market is expected to garner $9.2 billion by 2022, registering a CAGR of 3.1% during the period 2016 - 2022.The U.S. is the biggest luxury furniture market in North America, followed by Canada. Improving economic conditions throughout the region, have created favourable conditions for the growth of luxury furniture market. The increasing purchasing power of the consumers across US, Canada and Mexico, coupled with the improving real estate sector, largely supplement the market growth.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/1319?utm_source=OPR

The North American luxury furniture market is fragmented, with the presence of several family-run domestic companies. Moreover, players from other regions also operate in this market, thereby further intensifying the competition. Online portals are extensively used as a platform for sales by the companies operating in the market. The strategic tie-ups between the market participants and the interior designers have broadened the scope of this market and help to create product awareness among the end users. Luxury furniture also reflects the social status of individuals, a trend that boosts the growth of this market in North America.

The North America luxury furniture market is segmented on the basis of material, end use, and country. Based on materials, the industry is categorized into metal, plastic, wood, glass, leather, and others. The wood furniture segment in the market is likely to remain dominant during the forecast period. This is due to the fact that wooden furniture is the most popular choice owing to its superior aesthetic appeal. The glass material segment is estimated to grow at the fastest rate owing to increase in adoption of modern furniture designs, during the forecast period. The end-user segment comprises of domestic and commercial users. The domestic segment is further sub-segmented into kitchens, living & bedrooms, bathrooms, outdoors, and lighting. The commercial segment is further classified into office, hospitality, and others.

Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/1319?utm_source=OPR

The domestic segment accounted for a higher market size as compared to the commercial segment, because of the extensive use of luxury furniture in homes. The living & bedroom segment accounted for approximately 45% of the market share in the domestic sector, and is expected to be the highest revenue-generating segment throughout the analysis period. In the commercial segment, the hospitality sector contributed the highest market share and is likely to grow at a rapid pace over the forecast period. The North America luxury furniture market is segmented across countries, such as U.S., Canada, and Mexico.

The key players in the North America luxury furniture market include Giovanni Visentin S.r.l., Scavolini S.p.a., Laura Ashley Holding Plc., Nella Vetrina, Henredon Furniture Industries Inc., Brown Jordan, Century Furniture LLC, Kindel Furniture Company, Cococo Home, and Gilani Furniture. Operating players in the industry are putting efforts to develop multifunctional furniture.

North America Luxury Furniture Market Report Key Benefits:

• It provides an in-depth analysis of theNorth America luxury furniture market to elucidate the imminent investment pockets in the market
• It outlines current trends and future scenarios to determine the overall market potential and to single out profitable trends to gain a stronger market foothold
• It provides information regarding the key drivers, restraints, and opportunities with a detailed impact analysis
• It offers quantitative analysis of the current market trends and future estimations to indicate the financial competency of the market, during the period, 2016‐ 2022 is provided to
• It provides illustrations the potency of buyers and suppliers through Porters Five Forces model and a SWOT analysis
• It offers value chain analysis to provide a clear understanding on the roles of stakeholders involved

Table of Content:

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets

3.3 Porters five forces analysis

3.3.1 Bargaining power of buyer
3.3.2 Bargaining power of suppliers
3.3.3 Threats of new entrants
3.3.4 Threats of substitute
3.3.5 Rivalry

3.4 Value chain analysis
3.5 Market dynamics

3.5.1 Drivers

3.5.1.1 Increasing disposable income
3.5.1.2 Rapid urbanization
3.5.1.3 Growth in real estate industry
3.5.1.4 Changing lifestyle and behavior of consumer

3.5.2 Restraints

3.5.2.1 Lack of skilled workforce
3.5.2.2 Increasing cost of raw materials

3.5.3 Opportunities

3.5.3.1 Increasing online retailing
3.5.3.2 Development of multifunctional furniture

Chapter: 4 NORTH AMERICA LUXURY FURNITURE MARKET BY MATERIAL

4.1 Metal

4.1.1 Key market trends
4.1.2 Competitive scenario
4.1.3 Key growth factor and opportunities
4.1.4 Market size and forecast

4.2 Wood

4.2.1 Key market trends
4.2.2 Competitive scenario
4.2.3 Key growth factor and opportunities
4.2.4 Market size and forecast

4.3 Plastic

4.3.1 Key market trends
4.3.2 Competitive scenario
4.3.3 Key growth factor and opportunities
4.3.4 Market size and forecast

4.4 Glass

4.4.1 Key market trends
4.4.2 Competitive scenario
4.4.3 Key growth factor and opportunities
4.4.4 Market size and forecast

4.5 Leather

4.5.1 Key market trends
4.5.2 Competitive scenario
4.5.3 Key growth factor and opportunities
4.5.4 Market size and forecast

4.6 Others

4.6.1 Key market trends
4.6.2 Competitive scenario
4.6.3 Key growth factor and opportunities
4.6.4 Market size and forecast

Chapter: 5 NORTH AMERICA LUXURY FURNITURE MARKET BY END USE

5.1 Domestic Use

5.1.1 Key market trends
5.1.2 Competitive scenario
5.1.3 Key growth factor and opportunities
5.1.4 Market size and forecast
5.1.5 Kitchen

5.1.5.1 Key market trends
5.1.5.2 Competitive scenario
5.1.5.3 Key growth factor and opportunities
5.1.5.4 Market size and forecast

5.1.6 Living and bedroom

5.1.6.1 Key market trends
5.1.6.2 Competitive scenario
5.1.6.3 Key growth factor and opportunities
5.1.6.4 Market size and forecast

5.1.7 Bathroom

5.1.7.1 Key market trends
5.1.7.2 Competitive scenario
5.1.7.3 Key growth factor and opportunities
5.1.7.4 Market size and forecast

5.1.8 Outdoor

5.1.8.1 Key market trends
5.1.8.2 Competitive scenario
5.1.8.3 Key growth factor and opportunities
5.1.8.4 Market size and forecast

5.1.9 Lighting

5.1.9.1 Key market trends
5.1.9.2 Competitive scenario
5.1.9.3 Key growth factor and opportunities
5.1.9.4 Market size and forecast

5.2 Commercial use

5.2.1 Key market trends
5.2.2 Key growth factor and opportunities
5.2.3 Market size and forecast
5.2.4 Office

5.2.4.1 Key market trends
5.2.4.2 Key growth factor and opportunities
5.2.4.3 Market size and forecast

5.2.5 Hospitality

5.2.5.1 Key market trends
5.2.5.2 Key growth factor and opportunities
5.2.5.3 Market size and forecast

5.2.6 Others

5.2.6.1 Key market trends
5.2.6.2 Key growth factor and opportunities
5.2.6.3 Market size and forecast

Chapter: 6 NORTH AMERICA LUXURY FURNITURE MARKET BY COUNTRY

6.1 United States

6.1.1 Key market trends
6.1.2 Competitive scenario
6.1.3 Key growth factor and opportunities
6.1.4 Market size and forecast

6.2 Canada

6.2.1 Key market trends
6.2.2 Competitive scenario
6.2.3 Key growth factor and opportunities
6.2.4 Market size and forecast

6.3 Mexico

6.3.1 Key market trends
6.3.2 Competitive scenario
6.3.3 Key growth factor and opportunities
6.3.4 Market size and forecast

Chapter: 7 COMPANY PROFILE

7.1 Giovanni Visentin s.r.l.

7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 SWOT analysis of Giovanni Visentin s.r.l.

7.2 Scavolini S.p.a.

7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 SWOT analysis of Scavolini S.p.a.

7.3 Laura Ashley Holding Plc

7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Business performance
7.3.4 SWOT analysis of Laura Ashley Holding Plc

7.4 Nella Vetrina

7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 SWOT analysis of Nella Vetrina

7.5 Henredon Furniture Industries Inc.

7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 SWOT analysis of Henredon Furniture Industries Inc.

7.6 Brown Jordan

7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 SWOT analysis of Brown Jordan

7.7 Century Furniture LLC

7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 SWOT analysis of Century Furniture LLC

7.8 Kindel Furniture Company

7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 SWOT analysis of Kindel Furniture Company

7.9 COCOCO HOME

7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 SWOT analysis of Cococo home

7.10 Gilani

7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 SWOT analysis of Gilani furniture

Access Full Summery @ https://www.alliedmarketresearch.com/north-america-luxury-furniture-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.