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United States Luxury Furniture Market Size, Share, Analysis: By Product: Tables, Chairs and Sofas, Cabinets, Others; By Material: Wood, Glass, Metal, Plastic, Others; By Application: Commercial, Domestic; By Distribution Channel: Offline, Online; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Competitive Landscape
Ralph Lauren Corporation, founded in 1967 is a fashion company, with its headquarters in New York, the United States. The company is renowned for the production and distribution of its luxury design products in the international market. Its furniture range includes coffee tables, end tables, nightstands, dressers, bookcases, and beds, among others.
Ashley Furniture Industries, LLC, established in 1945 and based in Wisconsin, the United States, is a home furnishing company. Its comprehensive furniture range consists of accent chairs, ottomans, TV stands, nightstands, dressers and chests, and benches, among others. The company is known as one of the largest manufacturers of furniture in the world with partners in over 155 countries.
MillerKnoll, Inc. is a conglomerate of dynamic brands across the world. Its brand Herman Miller is an office and home furnishing company, incorporated in 1905 and headquartered in Michigan, the United States. Some of the brand’s well-known products in the market are the Aeron chair, Eames Lounge chair, Mirra chair, and Noguchi table, among others.
Other United States luxury furniture market players include Vermont Woods Studios, Kimball International Inc., Hooker Furnishings Corporation, Brown Jordan Inc., Bernhardt Furniture Company, John-Richard, and Theodore Alexander USA, Inc., among others.
United States Luxury Furniture Market Report Snapshots
United States Luxury Furniture Market Size
United States Luxury Furniture Market Analysis
United States Luxury Furniture Market Share
United States Luxury Furniture Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Luxury Furniture Market Overview
8.1 Key Industry Highlights
8.2 North America Luxury Furniture Historical Market (2018-2023)
8.3 North America Luxury Furniture Market Forecast (2024-2032)
8.4 North America Luxury Furniture Market Breakup by Country
8.4.1 United States
8.4.2 Canada
9 United States Luxury Furniture Market Overview
9.1 Key Industry Highlights
9.2 United States Luxury Furniture Historical Market (2018-2023)
9.3 United States Luxury Furniture Market Forecast (2024-2032)
10 United States Luxury Furniture Market by Product
10.1 Tables
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Chairs and Sofas
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Cabinets
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 United States Luxury Furniture Market by Material
11.1 Wood
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Glass
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Metal
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Plastic
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 United States Luxury Furniture Market by Application
12.1 Commercial
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Domestic
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 United States Luxury Furniture Market by Distribution Channel
13.1 Offline
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Online
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 United States Luxury Furniture Market by Region
14.1 New England
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Mideast
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Great Lakes
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Plains
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Southeast
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Southwest
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
14.7 Rocky Mountain
14.7.1 Historical Trend (2018-2023)
14.7.2 Forecast Trend (2024-2032)
14.8 Far West
14.8.1 Historical Trend (2018-2023)
14.8.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Ralph Lauren Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Ashley Furniture Industries, LLC
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 MillerKnoll, Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Vermont Woods Studios
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Kimball International Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Hooker Furnishings Corporation
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Brown Jordan Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Bernhardt Furniture Company
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 John-Richard
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Theodore Alexander USA, Inc.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Luxury Furniture Market: Key Industry Highlights, 2018 and 2032
2. United States Luxury Furniture Market: Key Industry Highlights, 2018 and 2032
3. United States Luxury Furniture Historical Market: Breakup by Product (USD Billion), 2018-2023
4. United States Luxury Furniture Market Forecast: Breakup by Product (USD Billion), 2024-2032
5. United States Luxury Furniture Historical Market: Breakup by Material (USD Billion), 2018-2023
6. United States Luxury Furniture Market Forecast: Breakup by Material (USD Billion), 2024-2032
7. United States Luxury Furniture Historical Market: Breakup by Application (USD Billion), 2018-2023
8. United States Luxury Furniture Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. United States Luxury Furniture Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
10. United States Luxury Furniture Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
11. United States Luxury Furniture Historical Market: Breakup by Region (USD Billion), 2018-2023
12. United States Luxury Furniture Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. United States Luxury Furniture Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 9.82 billion.
The market is projected to grow at a CAGR of 3.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 13.21 billion by 2032.
The major market drivers are evolving customer preference in interior designing, the rise in disposable income, and the growing number of real estate projects.
The key trends of the market include growing demand for handcrafted luxury furniture, the rising popularity of custom concealment furniture, the rise of the e-commerce sector, and efforts by market players to expand their production capacity.
The major regions in the market are New England, the Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
Various products are tables, chairs and sofas, and cabinets, among others.
The key players in the market are Ralph Lauren Corporation, Ashley Furniture Industries, LLC, MillerKnoll, Inc., Vermont Woods Studios, Kimball International Inc., Hooker Furnishings Corporation, Brown Jordan Inc., Bernhardt Furniture Company, John-Richard, and Theodore Alexander USA, Inc., among others.
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