Authored By: Sarah
30 Dec 2022

Luxury Furniture Market Analysis 2023-2027: ANGELO CAPPELLINI and C. Srl, Club House Italia S.p.A are Among the Key Vendors 

The luxury furniture market share is estimated to grow at a CAGR of 5.21% between 2022 and 2027. The size of the market is forecast to increase by USD 9,215.63 million. The luxury furniture market will witness a YOY of 4.66% in 2023. 

“Increasing number of new luxury furniture showroom launches and Growing popularity of eco-friendly and organic luxury furniture will boost the market growth”, says a senior analyst at Technavio. 

Luxury Furniture Market Analysis 2023-2027: ANGELO CAPPELLINI and C. Srl, Club House Italia S.p.A are Among the Key Vendors

Technavio’s report on Luxury Furniture Market is segmented by Application (residential and commercial), distribution channel (offline and online),  and geography (Europe, North America, APAC, South America, and Middle East and Africa).

The luxury furniture market by the residential segment will be significant during 2023-2027. This segment is mainly driven by the growing demand for multifunctional, multipurpose residential luxury furniture comprising mainly foldable beds and extendable sofa sets. Europe will contribute 35% of growth rate during the forecast period. The demand for premium luxury furniture with appealing designs is relatively higher in Europe.

Some of the key luxury furniture market vendors are ANGELO CAPPELLINI and C. Srl, Club House Italia S.p.A, Eichholtz B.V., Eric Kuster Metropolitan Luxury International Holding Ltd., Giorgio Armani S.p.A., Giorgio Collection, Herman Miller Inc., LONGHI S.p.a., Minotti S.p.A., MUEBLES PICO SA, Opera Contemporary, Reflex S.p.a., ROCHE BOBOIS SA, Rugiano Srl, Silik s.r.l., Vaughan Bassett, Williams Sonoma Inc., and Natuzzi SpA  

Some of the Vendor Offerings are: 

angelocappellini.com- The company offers luxury furniture which are used in bed rooms, bath rooms, hall rooms that includes, sofas, chairs, bed and many more items.

luxurylivinggroup.com- The company offers luxury furniture that includes sofas with shapes and colours in aesthetic purity, wooden frame, covered in fabric or leather with removable back cushions.

Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact on the market in focus. Download the PDF Sample Report 

Key Elements Included in the Luxury Furniture Market Report: 

  • The luxury furniture market report covers indepth information about key vendors and their product offerings. 

  • The key driver, trends and challenges, market opportunities and the detailed market impact analysis 

  • Five force analysis to analyze the potential of buyers and suppliers and the competitive industry scenerio. 

  • Luxury furniture industry across Europe, North America, APAC, South America, and Middle East and Africa.

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