NEW YORK, June 30, 2022 /PRNewswire/ -- The "Luxury Furniture Market by Distribution Channel, Application, and Geographic - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the luxury furniture market between 2020 and 2025 is USD 7 billion, as per the latest market analysis report by Technavio. The report predicts the market to witness an accelerating growth momentum at a CAGR of 5% during the forecast period. The increasing number of new luxury furniture showroom launches is one of the key factors likely to influence the market growth positively during the forecast period. In addition, another key factor driving the luxury furniture market growth is the rapid emergence of eco-friendly and organic luxury furniture. However, frequent product recalls and unstable prices of raw materials will limit the market's growth.

Unlock exact yearly growth variance and the Y-O-Y growth rate, Read Sample Report.

The luxury furniture market report is segmented by Distribution Channel (offline and online), Application (residential and commercial), and Geography (Europe, North America, APAC, MEA, and South America).

• The offline distribution channel segment held the largest luxury furniture market share in 2020. The segment will continue to account for the highest revenue throughout the forecast period. The growth of this segment will be attributed to the rising sales of luxury furniture through various offline media such as specialty furniture stores, department stores, discount stores, hypermarkets, supermarkets, warehouse clubs, manufacturer-branded stores, and designer stores. 
• Europe will be the leading region with 35% of the market's growth during the forecast period. Germany, UK and Italy are the key markets for luxury furniture in Europe. Market growth in this region will be faster than the growth of the market in MEA and South America regions. The increasing number of single-occupancy households will propel the luxury furniture market growth in Europe over the forecast period.

Download sample report for insights into the contribution of other segments and regional opportunities 

The luxury furniture market is fragmented and the vendors are deploying growth strategies such as strategic collaborations, M&A, and partnerships to expand their R&D activities, gain access to advanced technologies, and establish a distribution network for successful product commercialization to compete in the market. 

To make the most of the opportunities and recover from post pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The luxury furniture market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Top Companies Mentioned with their Offerings

Some more companies covered in this report are:

• • Natuzzi SpA
  • Opera Contemporary
  • Reflex S.p.a.
  • Rugiano srl
  • Vaughan Bassett
• To gain access to more vendor profiles with their key offerings, Request Sample Report

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Key Topics Covered:

1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem
• • Exhibit 01: Parent market
  • Exhibit 02: Market characteristics

• 2.2 Value chain analysis

3 Market Sizing

• 3.1 Market definition
• • Exhibit 03: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• • Exhibit 04: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 - 2025
• • Exhibit 05: Global - Market size and forecast 2020 - 2025 ($ billion)
  • Exhibit 06: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces analysis
• • Exhibit 07: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers
• • Exhibit 08: Bargaining power of buyers

• 4.3 Bargaining power of suppliers
• • Exhibit 09: Bargaining power of suppliers

• 4.4 Threat of new entrants
• • Exhibit 10: Threat of new entrants

• 4.5 Threat of substitutes
• • Exhibit 11: Threat of substitutes

• 4.6 Threat of rivalry
• • Exhibit 12: Threat of rivalry

• 4.7 Market condition
• • Exhibit 13: Market condition - Five forces 2020

5 Market Segmentation by Application

• 5.1 Market segments
• • Exhibit 14: Application - Market share 2020-2025 (%)

• 5.2 Comparison by Application
• • Exhibit 15: Comparison by Application

• 5.3 Residential - Market size and forecast 2020-2025
• • Exhibit 16: Residential - Market size and forecast 2020-2025 ($ billion)
  • Exhibit 17: Residential - Year-over-year growth 2020-2025 (%)

• 5.4 Commercial - Market size and forecast 2020-2025
• • Exhibit 18: Commercial - Market size and forecast 2020-2025 ($ billion)
  • Exhibit 19: Commercial - Year-over-year growth 2020-2025 (%)

• 5.5 Market opportunity by Application
• • Exhibit 20: Market opportunity by Application

6 Market Segmentation by Distribution channel

• 6.1 Market segments
• • Exhibit 21: Distribution channel - Market share 2020-2025 (%)

• 6.2 Comparison by Distribution channel
• • Exhibit 22: Comparison by Distribution channel

• 6.3 Offline - Market size and forecast 2020-2025
• • Exhibit 23: Offline - Market size and forecast 2020-2025 ($ billion)
  • Exhibit 24: Offline - Year-over-year growth 2020-2025 (%)

• 6.4 Online - Market size and forecast 2020-2025
• • Exhibit 25: Online - Market size and forecast 2020-2025 ($ billion)
  • Exhibit 26: Online - Year-over-year growth 2020-2025 (%)

• 6.5 Market opportunity by Distribution channel
• • Exhibit 27: Market opportunity by Distribution channel

7 Customer landscape

8 Geographic Landscape

• 8.1 Geographic segmentation
• • Exhibit 29: Market share by geography 2020-2025 (%)

• 8.2 Geographic comparison
• • Exhibit 30: Geographic comparison

• 8.3 Europe - Market size and forecast 2020-2025
• • Exhibit 31: Europe - Market size and forecast 2020-2025 ($ billion)
  • Exhibit 32: Europe - Year-over-year growth 2020-2025 (%)

• 8.4 North America - Market size and forecast 2020-2025
• • Exhibit 33: North America - Market size and forecast 2020-2025 ($ billion)
  • Exhibit 34: North America - Year-over-year growth 2020-2025 (%)

• 8.5 APAC - Market size and forecast 2020-2025
• • Exhibit 35: APAC - Market size and forecast 2020-2025 ($ billion)
  • Exhibit 36: APAC - Year-over-year growth 2020-2025 (%)

• 8.6 MEA - Market size and forecast 2020-2025
• • Exhibit 37: MEA - Market size and forecast 2020-2025 ($ billion)
  • Exhibit 38: MEA - Year-over-year growth 2020-2025 (%)

• 8.7 South America - Market size and forecast 2020-2025
• • Exhibit 39: South America - Market size and forecast 2020-2025 ($ billion)
  • Exhibit 40: South America - Year-over-year growth 2020-2025 (%)

• 8.8 Key leading countries
• • Exhibit 41: Key leading countries

• 8.9 Market opportunity by geography
• • Exhibit 42: Market opportunity by geography ($ billion)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges
• • Exhibit 43: Impact of drivers and challenges

• 9.3 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Landscape disruption
• • Exhibit 45: Landscape disruption
  • Exhibit 46: Industry risks

11 Vendor Analysis

• 11.1 Vendors covered
• • Exhibit 47: Vendors covered

• 11.2 Market positioning of vendors
• • Exhibit 48: Market positioning of vendors

• 11.3 Club House Italia S.p.A
• • Exhibit 49: Club House Italia S.p.A - Overview
  • Exhibit 50: Club House Italia S.p.A - Product and service
  • Exhibit 51: Club House Italia Spa - Key news
  • Exhibit 52: Club House Italia S.p.A - Key offerings

• 11.4 Giorgio Armani Spa
• • Exhibit 53: Giorgio Armani Spa - Overview
  • Exhibit 54: Giorgio Armani Spa - Product and service

• 11.5 Herman Miller Inc.
• • Exhibit 55: Herman Miller Inc. - Overview
  • Exhibit 56: Herman Miller Inc. - Business segments
  • Exhibit 57: Herman Miller Inc- Key news
  • Exhibit 58: Herman Miller Inc. - Key offerings
  • Exhibit 59: Herman Miller Inc. - Segment focus

• 11.6 Minotti S.p.A.
• • Exhibit 60: Minotti S.p.A. - Overview
  • Exhibit 61: Minotti S.p.A. - Product and service
  • Exhibit 62: Minotti Spa - Key news
  • Exhibit 63: Minotti S.p.A. - Key offerings

• 11.7 MUEBLES PICO SA
• • Exhibit 64: MUEBLES PICO SA - Overview
  • Exhibit 65: MUEBLES PICO SA - Product and service
  • Exhibit 66: MUEBLES PICO SA - Key offerings

• 11.8 Natuzzi SpA
• • Exhibit 67: Natuzzi SpA - Overview
  • Exhibit 68: Natuzzi SpA - Product and service
  • Exhibit 69: Natuzzi Spa- Key news
  • Exhibit 70: Natuzzi SpA - Key offerings

• 11.9 Opera Contemporary
• • Exhibit 71: Opera Contemporary - Overview
  • Exhibit 72: Opera Contemporary - Product and service
  • Exhibit 73: Opera Contemporary- Key news
  • Exhibit 74: Opera Contemporary - Key offerings

• 11.10 Reflex S.p.a.
• • Exhibit 75: Reflex S.p.a. - Overview
  • Exhibit 76: Reflex S.p.a. - Product and service
  • Exhibit 77: Reflex S.p.a. - Key offerings

• 11.11 Rugiano srl
• • Exhibit 78: Rugiano srl - Overview
  • Exhibit 79: Rugiano srl - Product and service
  • Exhibit 80: Rugiano Srl- Key news
  • Exhibit 81: Rugiano srl - Key offerings

• 11.12 Vaughan Bassett
• • Exhibit 82: Vaughan Bassett - Overview
  • Exhibit 83: Vaughan Bassett - Product and service
  • Exhibit 84: Vaughan Bassett - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Currency conversion rates for US$
• • Exhibit 85: Currency conversion rates for US$

• 12.3 Research methodology
• • Exhibit 86: Research Methodology
  • Exhibit 87: Validation techniques employed for market sizing
  • Exhibit 88: Information sources

• 12.4 List of abbreviations
• • Exhibit 89: List of abbreviations

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