Press release
Luxury Furniture Market Forecast Report Offers Actionable Insights 2016 - 2024
The global Luxury Furniture market is segmented on the basis of type of materials which include wood, metal, plastic, glass, leather and others. Wooden furniture segment contributed the highest share in the overall global luxury furniture market in 2014. Over the past few years, furniture manufacturers are introducing products including materials such as leather, metal, leather, glass in order to replace wood. The global luxury furniture market is also divided on the basis of end use which include commercial and domestic use. The commercial segment is further sub-segmented on the basis of hospitality, office and others. Whereas the domestic segment is sub-segmented by living and bedroom, bathroom, kitchen, lighting, outdoor and others. In 2014, the domestic luxury furniture segment contributed the highest share in the overall revenue of global luxury furniture market. Bedroom and living room segment marked substantial share in the global luxury furniture market in 2014. The global luxury furniture market is also segmented on the basis of unorganized and organized sector.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/11614
Inclination in the online retailing and higher media penetration are some of the major factors driving the growth of global luxury furniture market. Apart from that, rising impact of globalization, organized retailing, and robust growth in real estate sector is anticipated to foster the growth of global luxury furniture market. Rising demand of eco-friendly luxury segment is also expected to bolster the growth of global luxury furniture market. Apart from this, rising trend of modular kitchen is also strengthening the demand for global luxury furniture market and will impel the market from the period 2016-2024.
Geographically, the Global Luxury Furniture industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. Amongst all the regions, Europe captured the highest share in the global luxury furniture market in 2014. China is expected to be the biggest and rapidly growing furniture market in future which will drive the overall Asia luxury furniture market. Latin American region is also anticipated to showcase fast growth over the next few years till 2024. The requirement of luxury furniture especially in the hospitality sector in Middle East region and African region is expected to drive the market of this region in future.
The major players identified across the value chain of global Luxury Furniture market include Muebles Pico, Valderamobili, Scavolini, Laura Ashley Folding Plc, Nella Vetrina, Henredon Furniture Industries Inc., and others. It has been noticed that furniture manufacturers are concerned about reduction in carbon footprints and initiated offering eco-friendly furniture. The global luxury furniture market is highly competitive with large number of players (both small and big) dominating the industry. In the next few years, various furniture manufacturers are anticipated to enter in this market.
Visit For TOC@ https://www.persistencemarketresearch.com/toc/11614
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, and applications.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our
research model is a unique collaboration of data analytics and market
research methodology to help businesses achieve optimal performance.
Contact US
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Web: https://www.persistencemarketresearch.com
Email: sales@persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Luxury Furniture Market Forecast Report Offers Actionable Insights 2016 - 2024 here
News-ID: 829570 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for Luxury
Global Luxury Watch Market, Global Luxury Watch Industry, Covid-19 Impact Global …
Luxury watch is a specific type of an exclusive high-end watch that has better quality of products and flawless methods used in the manufacturing process for the same. Various inventive advertising methods combined with advanced products presented by the manufacturers have created a dizzying demand for the product. These watches are a minimal improvement over conventional clocks, with sophisticated functions and features that result in their great value. In addition,…
Luxury Travel Market Is Expected To Witness Faster Growth Throughout By Type Of …
Acumen Research and Consulting has announced the addition of the "Luxury Travel Market” report to their offering.
The Luxury Travel Market Report 2018 is an in depth study analyzing the current state of the Luxury Travel Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Luxury Travel Market provides analysis of China market covering the industry trends, recent…
worldwide luxury market comprises of nine sectors including personal luxury good …
The worldwide luxury market comprises of nine sectors including personal luxury goods, personal cars, luxury hospitality, fine food, luxury cruises, fine wine and spirits, private jet, yachts and luxury furniture. Out of these sectors, luxury furniture has exhibited huge market attractiveness everywhere throughout the world. Luxury furniture raises the artistic value of hotels, restaurants, offices and homes notwithstanding different indoor and outdoor spaces. In the course of recent years, the…
Luxury Cars Rental Market Report 2018: Segmentation by Type (Compact Luxury Cars …
Global Luxury Cars Rental market research report provides company profile for Avis Budget Group, Inc., Sixt Rent-A-Car, Enterprise Rent-A-Car, The Hertz Corporation, Europcar, Al-Futtaim Group, Carzonrent, Localiza Rent A Car, Eco Rent A Car and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate,…
Luxury Apparels Market:E-commerce Spearheads Luxury Fashion Movement; Trends 201 …
Since the historic times, only the rich could afford luxury apparels. Reserved for the elite class, the luxury apparels market has boasted an esteemed clientele comprising the high net worth individuals. However, over the years several designers and fashion brands have started reaching out the broader range of customers through affordable products. Big brands such as Louis Vuitton, Prada, and Versace are expanding to developing economies, which has not only…
Power Meets Luxury - MTM-Klassen T300 Business Luxury Van
The 83rd International Motor Show in Geneva will see a world premiere in the luxury sector with the first ever presentation for the press of the MTM-Klassen T300 Business Luxury Van since Tuesday March 5th 2013. “Power meets luxury” – there is no doubt that the introduction of the unique Business Luxury Van, at 2pm in front of the MTM-Klassen Stand 2045 in Hall 2, is one of the…
