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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United States Luxury Furniture Market Analysis
Based on product, the market is divided into tables, chairs and sofas, and cabinets, among others. On the basis of material, the market is classified into wood, glass, metal, and plastic, among others. Based on application, the market is bifurcated into commercial and domestic.
The United States luxury furniture market segmentation, on the basis of distribution channel, includes offline and online. The major regional markets of luxury furniture in the United States include New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States luxury furniture market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
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.*
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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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