North America Luxury Furniture Market is expected to grow at a CAGR of 4.4% during the forecast period, to reach US$ 14.58 Bn by 2029. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report
North America Luxury Furniture Market Dynamics:
Luxury furniture improves the appealing value of establishments like homes, hotels, offices, and other inside or outside areas. The surge in spending capacity of the consumers and real estate sector are the crucial growth facilitators of the North America luxury furniture market. Consumers in the region are tending towards environmentally friendly furniture on account of the rise in environmental consciousness. Furthermore, online retailing and the increase in demand of multifunctional furniture present substantial opportunities for the growth of the North America luxury furniture market. On the other hand, increase in cost of raw materials, like wood and leather may restrain the growth of the North America luxury furniture market. In terms of the material, the luxury furniture market is separated into Glass, Metal, Plastic, Leather, and Wood. The wood segment is expected to hold the largest market share of the luxury furniture market throughout the forecast period because of wooden furniture is used for their attractive natural look. Also, furniture key players are presenting materials in the design of luxury furniture like metal, leather, glass as a substitute of wood.North America Luxury Furniture Market Segment Analysis:
By distribution channel, the luxury furniture market is distributed into departmental stores, online sales, independent furniture retailers, and Factory Outlets. Among, online sales segment is expected to grow at highest CAGR in the luxury furniture market. Online retailing offers more discounts and varied options to purchase the furniture. The online platform becomes popular on account of that it provides the delivery to the doorstep by order of products. With an online platform, a consumer can compare the price of luxury furniture on different websites. Online platforms provide the home delivery & free shipping and Exchange & return offer turns to surge the luxury furniture market. By the end user, the luxury furniture market is separated into commercial and domestic. Domestic segment is expected to witness high growth in the luxury furniture market because of increasing demand in the array of domestic applications like bedroom, bathroom, kitchen, lighting, outdoor and others. Additionally, the commercial segment is expected to grow in the luxury furniture market in the future. Country-wise, the US is expected to hold the large market share of the market due to the increasing the demand for luxury furniture for the modern lifestyle and improving economic conditions in this country. Followed by Canada. The objective of the report is to present comprehensive analysis of North America Luxury Furniture Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding North America Luxury Furniture Market dynamics, structure by analyzing the market segments, and project the North America Luxury Furniture Market size. Clear representation of competitive analysis of key players By Distribution Channel, Type, and regional presence in the North America Luxury Furniture Market make the report investor’s guide. Key player’s studies, analyzed, profiled and benchmarked in luxury furniture market are Brown Jordan, Century Furniture LLC, Kindel Furniture Company, Cococo Home, Kimberly- Clark Corporation, Unicharm, Bumkins, Svenska Cellulosa Aktiebolaget Company, Hengan, American Baby Company, Procter & Gamble Company (P&G), Kao Corporation, and Gilani FurnitureNorth America Luxury Furniture Market Scope: Inquire before buying
North America Luxury Furniture Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 10.79 Bn. Forecast Period 2023 to 2029 CAGR: 4.4% Market Size in 2029: US $ 14.58 Bn. Segments Covered: by Material • Glass • Metal • Plastic • Leather • Wood by Distribution Channel • Departmental Stores • Online Sales • Independent Furniture Retailers • Factory Outlets by End User • Commercial • Domestic by Country • United States • Canada • Mexico North America Luxury Furniture Market
• Brown Jordan • Century Furniture LLC • Kindel Furniture Company • Cococo Home • Kimberly- Clark Corporation • Unicharm • Bumkins • Svenska Cellulosa Aktiebolaget Company • Hengan • American Baby Company • Procter & Gamble Company (P&G) • Kao Corporation • Gilani Furniture Frequently Asked Questions: 1. Which Country has the largest share in North America Luxury Furniture Market? Ans: United States region held the highest share in 2022. 2. What is the growth rate of North America Luxury Furniture Market? Ans: The North America Luxury Furniture Market is growing at a CAGR of 4.4% during forecasting period 2023-2029. 3. What is scope of the North America Luxury Furniture Market report? Ans: North America Luxury Furniture Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in North America Luxury Furniture Market? Ans: The important key players in the North America Luxury Furniture Market are – Brown Jordan, Century Furniture LLC, Kindel Furniture Company, Cococo Home, Kimberly- Clark Corporation, Unicharm, Bumkins, Svenska Cellulosa Aktiebolaget Company, Hengan, American Baby Company, Procter & Gamble Company (P&G), Kao Corporation, and Gilani Furniture. 5. What is the study period of this Market? Ans: The North America Luxury Furniture Market is studied from 2022 to 2029.
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. North America Luxury Furniture Market Size, by Market Value (US$ Bn) and Market, by Region 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.3. Drivers and Restraints Snapshot Analysis 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.3.4. Porter’s Analysis 4.3.5. Value Chain Analysis 4.3.6. SWOT Analysis 5. North America Luxury Furniture Market Analysis and Forecast 5.1. North America Luxury Furniture Market Analysis and Forecast 5.2. North America Luxury Furniture Market Size& Y-o-Y Growth Analysis 6. North America Luxury Furniture Market Analysis and Forecast, by Material 6.1. Introduction and Definition 6.2. Key Findings 6.3. North America Luxury Furniture Market Value Share Analysis, by Material 6.4. Market Size (US$ Bn) Forecast, by Material 6.5. Luxury Furniture Market Analysis, by Material 6.6. North America Luxury Furniture Market Attractiveness Analysis, by Material 7. North America Luxury Furniture Market Analysis and Forecast, by Distribution Channel 7.1. Introduction and Definition 7.2. North America Luxury Furniture Market Value Share Analysis, by Distribution Channel 7.3. Market Size (US$ Bn) Forecast, by Distribution Channel 7.4. North America Luxury Furniture Market Analysis, by Distribution Channel 7.5. North America Luxury Furniture Market Attractiveness Analysis, by Distribution Channel 8. North America Luxury Furniture Market Analysis and Forecast, By End User 8.1. Introduction and Definition 8.2. North America Luxury Furniture Market Value Share Analysis, By End User 8.3. Market Size (US$ Bn) Forecast, By End User 8.4. North America Luxury Furniture Market Analysis, By End User 8.5. North America Luxury Furniture Market Attractiveness Analysis, By End User 9. North America Luxury Furniture Market Analysis, by Region 9.1. North America Luxury Furniture Market Value Share Analysis, by Region 9.2. Market Size (US$ Bn) Forecast, by Region 9.3. North America Luxury Furniture Market Attractiveness Analysis, by Region 10. North America Luxury Furniture Market Analysis 10.1. Key Findings 10.2. North America Luxury Furniture Market Overview 10.3. North America Luxury Furniture Market Value Share Analysis, by Material 10.4. North America Luxury Furniture Market Forecast, by Material 10.4.1. Glass 10.4.2. Metal 10.4.3. Plastic 10.4.4. Leather 10.4.5. Wood 10.5. North America Luxury Furniture Market Value Share Analysis, by Distribution Channel 10.6. North America Luxury Furniture Market Forecast, by Distribution Channel 10.6.1. Departmental Stores 10.6.2. Online Sales 10.6.3. Independent Furniture Retailers 10.6.4. Factory Outlets 10.7. North America Luxury Furniture Market Value Share Analysis, By End User 10.8. North America Luxury Furniture Market Forecast, By End User 10.8.1. Commercial 10.8.2. Domestic 10.9. North America Luxury Furniture Market Value Share Analysis, by Country 10.10. North America Luxury Furniture Market Forecast, by Country 10.10.1. U.S 10.10.2. Canada 10.11. North America Luxury Furniture Market Analysis, by Country/ Sub-region 10.12. U.S Luxury Furniture Market Forecast, by Material 10.12.1. Glass 10.12.2. Metal 10.12.3. Plastic 10.12.4. Leather 10.12.5. Wood 10.13. U.S Luxury Furniture Market Forecast, by Distribution Channel 10.13.1. Departmental Stores 10.13.2. Online Sales 10.13.3. Independent Furniture Retailers 10.13.4. Factory Outlets 10.14. U.S Luxury Furniture Market Forecast, By End User 10.14.1. Commercial 10.14.2. Domestic 10.15. Canada Luxury Furniture Market Forecast, by Material 10.15.1. Glass 10.15.2. Metal 10.15.3. Plastic 10.15.4. Leather 10.15.5. Wood 10.16. Canada Luxury Furniture Market Forecast, by Distribution Channel 10.16.1. Departmental Stores 10.16.2. Online Sales 10.16.3. Independent Furniture Retailers 10.16.4. Factory Outlets 10.17. Canada Luxury Furniture Market Forecast, By End User 10.17.1. Commercial 10.17.2. Domestic 10.18. North America Luxury Furniture Market Attractiveness Analysis 10.18.1. By Material 10.18.2. By Distribution Channel 10.18.3. By End User 10.19. PEST Analysis 11. Company Profiles 11.1. Market Share Analysis, by Company 11.2. Competition Matrix 11.3. Company Profiles: Key Players 11.3.1. Brown Jordan 11.3.1.1. Company Overview 11.3.1.2. Financial Overview 11.3.1.3. Business Strategy 11.3.1.4. Recent Developments 11.3.1.5. Stock Management Footprint 11.3.2. Century Furniture LLC 11.3.3. Kindel Furniture Company 11.3.4. Cococo Home 11.3.5. Kimberly- Clark Corporation 11.3.6. Unicharm 11.3.7. Bumkins 11.3.8. Svenska Cellulosa Aktiebolaget Company 11.3.9. Hengan 11.3.10. American Baby Company 11.3.11. Procter & Gamble Company (P&G) 11.3.12. Kao Corporation 11.3.13. Gilani Furniture 12. Primary Key Insights