Market Overview:
The global luxury exclusive design furniture market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for luxury furniture from residential and commercial applications. Additionally, the growing awareness about interior designing and home improvement is also propelling the growth of this market. The global luxury exclusive design furniture market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into chairs, tables, cabinets, and others. Chairs are expected to account for a major share in this market due to their increasing demand from both residential as well as commercial applications. Tables are also anticipated to witness significant growth during the forecast period owing to their growing use in restaurants and cafes across different regions worldwide.
Product Definition:
Luxury Exclusive Design Furniture is furniture that has been designed with luxury and exclusivity in mind. It is often made from high-quality materials and features unique designs that are not available elsewhere. Luxury Exclusive Design Furniture can be quite expensive, but it is typically worth the investment as it will last for many years.
Chair:
The global chair market size was valued at USD 63.8 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period, which would result in it becoming one of the most lucrative segments within the luxury exclusive design furniture industry by 2022. The growing demand for office furniture coupled with an increase in disposable income is anticipated to drive growth over the coming years.
Table:
The table is a very important element in luxury design furniture. It has been witnessing many changes over the years and it's usage has expanded beyond its traditional role of providing food and drink to company or social gathering. The modern use of the term “table” covers a variety of items from display cases to sideboards, coffee tables, dining tables, kitchen worktops and breakfast bars.
Application Insights:
The residential application segment accounted for the largest share of exceeding 70.0% in 2017. The growth can be attributed to increasing demand from high-end consumers, especially in countries like China and India, where the middle-class population is growing rapidly. Furthermore, rising purchasing power of high-income groups has fueled demand for premium furniture products with aesthetic appeal and functional utility at home as well as on a commercial scale.
The commercial application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in demand from hotels and restaurants across the globe that are increasingly focusing on offering luxury experience along with excellent service quality while seating arrangement within their establishments has become important considering customer satisfaction over recent years owing to increased competition among restaurants globally which is driving up expenditure on furnishing restaurant interiors including chairs & tables, cabinets & shelves etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This growth can be attributed to increasing disposable income, rising real estate sector, and growing adoption of luxury lifestyle among high-class people. China has been witnessing rapid development in terms of economic growth and urbanization owing to which it has become a major manufacturing hub for various home furniture products such as bedroom sets, dining tables & chairs, bookcases etc. Moreover, India is also emerging as a prominent market due to increasing demand from residential application segment due to rising number of housing projects by the government as well as private players.
North America accounted for more than 20% share in 2017 owing to strong presence of key manufacturers such as Knoll Inc., Herman Miller Inc.
Growth Factors:
- Increasing disposable income of the affluent population: The growth in the luxury exclusive design furniture market is mainly attributed to the increase in disposable income of the affluent population, who are increasingly spending on luxurious and exclusive furniture pieces.
- Rising demand for custom-made furniture: A major trend observed in the luxury exclusive design furniture market is rising demand for custom-made furniture, which allows consumers to personalize their living spaces according to their specific needs and preferences.
- Proliferation of online retail platforms: The proliferation of online retail platforms has made it easier for consumers to purchase luxury exclusive design furniture items from anywhere around the world. This has helped fuel growth in this market segment.
- Growing popularity of home staging: Home staging is becoming increasingly popular among homeowners as a way to enhance the appeal of their homes before putting them up for sale or rent. Luxury exclusive design Furniture plays a key role in home staging and is thus witnessing strong demand from this segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Exclusive Design Furniture Market Research Report
By Type
Chair, Table, Cabinet, Others
By Application
Residential, Commercial
By Companies
LUXXU, Boca Do Lobo, Caffelatte, Delight Full, Brabbu, Rug'Society, Covet House, Maison Valentina
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Exclusive Design Furniture Market Report Segments:
The global Luxury Exclusive Design Furniture market is segmented on the basis of:
Types
Chair, Table, Cabinet, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LUXXU
- Boca Do Lobo
- Caffelatte
- Delight Full
- Brabbu
- Rug'Society
- Covet House
- Maison Valentina
Highlights of The Luxury Exclusive Design Furniture Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chair
- Table
- Cabinet
- Others
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Luxury Exclusive Design Furniture Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Luxury Exclusive Design Furniture is furniture that is designed to be unique and exclusive. This type of furniture is typically made with high-quality materials and features intricate designs that are not found in other pieces of furniture. Luxury Exclusive Design Furniture can be expensive, but it is often worth the investment because it will last longer than standard furniture and will look more luxurious.
Some of the major players in the luxury exclusive design furniture market are LUXXU, Boca Do Lobo, Caffelatte, Delight Full, Brabbu, Rug'Society, Covet House, Maison Valentina.
The luxury exclusive design furniture market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Luxury Exclusive Design Furniture Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Luxury Exclusive Design Furniture Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Luxury Exclusive Design Furniture Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Luxury Exclusive Design Furniture Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Luxury Exclusive Design Furniture Market Size & Forecast, 2018-2028
4.5.1 Luxury Exclusive Design Furniture Market Size and Y-o-Y Growth
4.5.2 Luxury Exclusive Design Furniture Market Absolute $ Opportunity
Chapter 5 Global Luxury Exclusive Design Furniture Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Luxury Exclusive Design Furniture Market Size Forecast by Type
5.2.1 Chair
5.2.2 Table
5.2.3 Cabinet
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Luxury Exclusive Design Furniture Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Luxury Exclusive Design Furniture Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Luxury Exclusive Design Furniture Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Luxury Exclusive Design Furniture Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Luxury Exclusive Design Furniture Analysis and Forecast
9.1 Introduction
9.2 North America Luxury Exclusive Design Furniture Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Luxury Exclusive Design Furniture Market Size Forecast by Type
9.6.1 Chair
9.6.2 Table
9.6.3 Cabinet
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Luxury Exclusive Design Furniture Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Luxury Exclusive Design Furniture Analysis and Forecast
10.1 Introduction
10.2 Europe Luxury Exclusive Design Furniture Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Luxury Exclusive Design Furniture Market Size Forecast by Type
10.6.1 Chair
10.6.2 Table
10.6.3 Cabinet
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Luxury Exclusive Design Furniture Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Luxury Exclusive Design Furniture Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Luxury Exclusive Design Furniture Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Luxury Exclusive Design Furniture Market Size Forecast by Type
11.6.1 Chair
11.6.2 Table
11.6.3 Cabinet
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Luxury Exclusive Design Furniture Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Luxury Exclusive Design Furniture Analysis and Forecast
12.1 Introduction
12.2 Latin America Luxury Exclusive Design Furniture Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Luxury Exclusive Design Furniture Market Size Forecast by Type
12.6.1 Chair
12.6.2 Table
12.6.3 Cabinet
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Luxury Exclusive Design Furniture Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Luxury Exclusive Design Furniture Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Luxury Exclusive Design Furniture Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Luxury Exclusive Design Furniture Market Size Forecast by Type
13.6.1 Chair
13.6.2 Table
13.6.3 Cabinet
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Luxury Exclusive Design Furniture Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Luxury Exclusive Design Furniture Market: Competitive Dashboard
14.2 Global Luxury Exclusive Design Furniture Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LUXXU
14.3.2 Boca Do Lobo
14.3.3 Caffelatte
14.3.4 Delight Full
14.3.5 Brabbu
14.3.6 Rug'Society
14.3.7 Covet House
14.3.8 Maison Valentina
