Market World Luxury Furniture Market Analysis

Europe represents mainly the upstream group of the value chain. Revenue generated by Europe is estimated at $7329. 8 million in 2014. China has emerged as the largest and fastest emerging furniture market in Asia Pacific, vastly driven by the increase in the living standards and disposable income. Competitive Insights The luxury furniture companies, mainly compete on the aspect of aesthetic values. New products and innovative design/material are the key strategy adopted by the companies. Major companies are using an e-commerce platform to reach the customers more effectively and efficiently and also increase their customer base. Besides this, many luxury furniture companies are associating up with designers to develop and launch a luxury range. Key players: Valderamobili s.r.l, Laura Ashley Holding Plc, Giovanni Visentin s.r.l., Duresta Upholstery Ltd, Nella Vetrina, Turri S.r.l. Muebles Pico, Scavolini S.p.a., Henredon Furniture Industries Inc., Turri S.r.l. Market Segment: Global Luxury Furniture Outlook, By Material (Market Revenue in USD Million, 2012 - 2022) • Wood • Metal • Glass • Leather • Plastic • Others Global Luxury Furniture Outlook, by End-use (Market Revenue in USD Million, 2012 - 2022) • Domestic use • Living & Bedroom • Kitchen • Lighting • Outdoor • Bathroom • Commercial use • Hospitality • Office • Others

Market World Luxury Furniture Market Analysis | Page 3