Global_Luxury_Furniture_Market_is_expected_to_Grow_more_than_US$_27_Billion_by_2020_-_by_Market_Research_Engine
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<strong>Global</strong> <strong>Luxury</strong> <strong>Furniture</strong> <strong>Market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>Grow</strong> <strong>more</strong> <strong>than</strong> <strong>US$</strong><br />
<strong>27</strong> <strong>Billion</strong> <strong>by</strong> <strong>2020</strong> - <strong>by</strong> <strong>Market</strong> <strong>Research</strong> <strong>Engine</strong><br />
New York, June 19: <strong>Market</strong> <strong>Research</strong> <strong>Engine</strong> has publ<strong>is</strong>hed a new report titled as “<strong>Luxury</strong><br />
<strong>Furniture</strong> <strong>Market</strong> - <strong>Global</strong> Industry Analys<strong>is</strong>, Size, Share, <strong>Grow</strong>th, Trends, and<br />
Forecast 2016 - 2024”<br />
<strong>Luxury</strong> furniture having different style, beauty, security, comfort and <strong>more</strong>. Style will<br />
frequently differ a big deal when used in luxurious pieces. Style belongs in<strong>to</strong> two category<br />
such as classic and modern. Another key feature of luxury furniture <strong>is</strong> type of material<br />
used, some of cus<strong>to</strong>mers uses solid frames and some of cus<strong>to</strong>mer uses expensive material<br />
such as silk or leather.<br />
Browse Full Report: http://www.marketresearchengine.com/reportdetails/luxuryfurniture-market<br />
<strong>Luxury</strong> furniture contain different movable parts which show-case the <strong>to</strong>p of an best quality<br />
& design related with a particular period. Different furniture industries are concerned<br />
regarding their carbon footprints presenting environment friendly options. Since skills are<br />
developed the furniture designers find new innovative. <strong>Luxury</strong> furniture should contain low<br />
<strong>to</strong>xicity because it gives harmful impact on cus<strong>to</strong>mers health.<br />
The luxury furniture market <strong>is</strong> <strong>expected</strong> <strong>to</strong> exceed <strong>more</strong> <strong>than</strong> <strong>US$</strong><strong>27</strong> billion <strong>by</strong> <strong>2020</strong>.<br />
The major driving fac<strong>to</strong>rs of luxury furniture market are as follows:<br />
<strong>Grow</strong>ing d<strong>is</strong>posable income.<br />
Rapid urbanization.<br />
Increase in real estate industry.<br />
Change in life style of cus<strong>to</strong>mer.<br />
Changing activities of cus<strong>to</strong>mer.<br />
The restraints fac<strong>to</strong>rs of luxury furniture market are as follows:<br />
<br />
<br />
Requirement of expert labor force.<br />
R<strong>is</strong>ing price of raw materials<br />
The luxury furniture market <strong>is</strong> segmented on the lines of its material and end user . The<br />
luxury furniture market <strong>is</strong> segmented on the lines of its material like metal, plastic, wood,<br />
glass, leather and others. The luxury furniture market <strong>is</strong> segmented on the lines of its end<br />
user like domestic use and commercial use. The domestic use <strong>is</strong> further divided in<strong>to</strong> kitchen,<br />
living and bedroom, bathroom, outdoor and lighting. Under commercial segmentation it<br />
covered in<strong>to</strong> office, hospitality and others. The luxury furniture market <strong>is</strong> geographic<br />
segmentation covers various regions such as North America, Europe, Asia Pacific, Latin<br />
America, Middle East and Africa. Each geography market <strong>is</strong> further segmented <strong>to</strong> provide<br />
market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan,<br />
India, Brazil, and GCC countries.<br />
Th<strong>is</strong> report provides:<br />
1) An overview of the global market for luxury furniture and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015,<br />
and projections of compound annual growth rates (CAGRs) through <strong>2020</strong>.<br />
3) Identifications of new market opportunities and targeted promotional plans for luxury<br />
furniture<br />
4) D<strong>is</strong>cussion of research and development, and the demand for new products and new<br />
applications.<br />
5) Comprehensive company profiles of major players in the industry.<br />
REPORT SCOPE:<br />
The scope of the report includes a detailed study of global and regional markets for various<br />
types of luxury furniture with the reasons given for variations in the growth of the industry<br />
in certain regions.<br />
The report covers detailed competitive outlook including the market share and company<br />
profiles of the key participants operating in the global market. Key players profiled in the<br />
report include Duresta Upholstery Ltd., Muebles Pico, Valderamobili, Giovanni V<strong>is</strong>entin,<br />
Scavolini, Laura Ashley, Iola <strong>Furniture</strong> Ltd., Nella Vetrina, Henredon <strong>Furniture</strong> Industries<br />
Inc. and Turri S.r.l. Company profile includes assign such as company summary, financial<br />
summary, business strategy and planning, SWOT analys<strong>is</strong> and current developments.<br />
The Top Companies Report <strong>is</strong> intended <strong>to</strong> provide our buyers with a snapshot of the<br />
industry’s most influential players.<br />
The <strong>Luxury</strong> furniture <strong>Market</strong> has been segmented as below:<br />
<strong>by</strong> Material Analys<strong>is</strong><br />
Metal<br />
Plastic<br />
Wood<br />
Glass<br />
Leather<br />
Others<br />
<strong>by</strong> End User Analys<strong>is</strong><br />
Domestic Use<br />
Kitchen<br />
Living and bedroom<br />
Bathroom<br />
Outdoor<br />
Lighting<br />
Commercial Use<br />
Office<br />
Hospitality<br />
Others<br />
<strong>by</strong> Regional Analys<strong>is</strong><br />
North America<br />
Europe<br />
Asia-Pacific<br />
Rest of the World<br />
Reasons <strong>to</strong> Buy th<strong>is</strong> Report:
1) Obtain the most up <strong>to</strong> date information available on all active and planned luxury<br />
furniture industry globally.<br />
2) Identify growth segments and opportunities in the industry.<br />
3) Facilitate dec<strong>is</strong>ion making on the bas<strong>is</strong> of strong h<strong>is</strong><strong>to</strong>ric and forecast of luxury furniture<br />
industry and unit capacity data.<br />
4) Assess your competi<strong>to</strong>r’s refining portfolio and its evolution.<br />
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