PUBLISHER: CSIL Centre for Industrial Studies | PRODUCT CODE: 1095865
PUBLISHER: CSIL Centre for Industrial Studies | PRODUCT CODE: 1095865
CSIL Market Research Report “The World High-end furniture market” provides an overview of the world market for high-end furniture, at the world level and by main geographical areas/countries. In detail, the research includes:
In the Annex: short profiles of the 400 high-end manufacturing companies/brands operating in the high-end segment and lists of high-end furniture retailers for each country.
FURNITURE PRODUCTS COVERED The furniture aggregate considered in the report includes the following products: kitchen and bathroom furniture, other home furniture (including upholstered furniture, seating, outdoor furniture), office furniture, other non-residential furniture.
GEOGRAPHICAL AREAS The report focuses on Europe, North America, South America and Asia and Pacific. Within each area the following largest markets are analysed:
The world market for high-end furniture is worth approximately USD 50 billion. North America and Asia and the Pacific, including China, are the main markets.
The world high-end furniture market saw exceptional growth in 2021, determined mainly by the rebound from the market decline observed in 2020, and the exceptional demand experienced in most countries in the wake of the lockdown periods.
The high-end furniture industry is much fragmented. On top of large companies focused on luxury, the high-end market is satisfied by a huge number of middle and small companies, artisans as well as companies that include a premium range in their portfolio, both in design and classic style. While North American and Asian high-end brands tend to be focused on their domestic market, the European high-end manufacturers play a pivotal role in the Worldwide market, especially in the contemporary/design segment, reaching worldwide notoriety.
Lifestyle Design Group, Molteni Group, Vitra International, Poliform, Minotti, B&B Italia (Design Holding Group), Restoration Hardware, Brown Jordan International, Karimoku Furniture, Camerich.