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Global luxury furniture market size is expected to reach $32.29 Bn by 2028 at a rate of 5.9%, segmented as by type, tables, chairs, sofas and lounges, kitchen, lighting, interior accessories, beds, other types<br>
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Luxury Furniture Market Report 2024 Market Size, Trends and Global Forecast 2024-2033
Luxury Furniture Market Segments The Business Research Company segments it’s Luxury Furniture Market report as: Tables, Chairs, Sofas And Lounges, Kitchen, Lighting, Interior Accessories, Beds, Other Types By Type Wood, Metal, Plastic, Glass, Leathers, Other Materials By Material By Distribution Channel Online, Offline By End User Residential, Commercial
Luxury Furniture Market Statistics It will grow from $24.1 billion in 2023 to $25.71 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. It will grow to $32.29 billion in 2028 at a compound annual growth rate (CAGR) of 5.9% Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The rising trend of home renovation is expected to propel the growth of the luxury furniture market going forward. Trends Advanced recycled materials are a key trend gaining popularity in the luxury furniture market. • Region Asia-Pacific was the largest region in the luxury furniture market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the luxury furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Market Players • Major players in the Luxury Furniture Market are: • IKEA Systems B.V • Ralph Lauren Home • La-Z-Boy Incorporated • Heritage Home Group LLC • Arhaus LLC • And more. Get More Information On The Luxury Furniture Market Report
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