Luxury Furniture Market Industry Outlook, Size, Growth Factors and Forecast 2030

Swati123401 Jul, 2024Technology

The Luxury Furniture Market size was valued at USD 31.24 Billion in 2023 and the total Luxury Furniture Market revenue is expected to grow at a CAGR of 5 % from 2024 to 2030, reaching nearly USD 43.96 Billion. Luxury Furniture Market Definition A Luxury Furniture is designed and crafted with high quality material. It is made from material like solid wood, exotic hardwood, and hand-blown glass. It includes a combination of different aspects the fabric, quality of work, durability and their alignment with current and future trends. Some of the factors that distinguishes luxury furniture from normal furnishing is the flawless beauty, kindness to detail, uniqueness, durability and a striking impression.

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