The World Market for High-End, Luxury & Design Furniture

The CSIL's report "The World Market for High-End, Luxury & Design Furniture" offers a comprehensive in-depth analysis of the high-end furniture market worldwide, providing market size (2019-2024) and forecasts 2025, 2025-2028 at world, area and country level; an analysis of the main demand drivers; breakdown of the market by product and by end-user; in-depth analysis of the competition, clustering of main players by their market of reference, M&A activity and retail strategies; selection of potential 35 cities for high-end furniture demand.

REPORT'S STRUCTURE AND CONTENTS

An Executive Summary opens the study with a snapshot of major insights and trends shaping the global high-end furniture sector and the main findings of CSIL's analysis, delving into drivers and key factors fuelling demand, such as global wealth distribution, the number of millionaires and billionaires, luxury tourism, branded residences, and the superyacht industry. Companies features and strategies are summarized.

World Scenario

Comprehensive global analysis of the high-end, design, luxury furniture market, including:

• The size of the high-end furniture market in 2024 and forecasts 2025, 2025-2028, at world, area and country level.
• An analysis of the main demand drivers: global wealth, number of millionaires, luxury hotels, branded residences, superyachts, international tourism
• An import flows analysis: major imports flows from most important countries for high-end furniture production
• The breakdown of the market by product: upholstered furniture, kitchen furniture, dining and living (incl. tables and chairs), outdoor furniture, bedroom furniture, office furniture and bathroom furniture.
• The breakdown of the market by end-user: residential, hospitality, luxury Retail/shopfitting, office, marine (cruises/yachts)
• Competition analysis: identification of main players for each category (ultra-luxury / bespoke furniture, luxury/fashion-branded, high-end design / signature design, design oriented/upper middle). Profiles and distribution channels for main players are provided.
• M&A deals analysis: main deals between 2019-2025

Regional and Country-Level Analysis

The high-end, design, luxury furniture market is analysed by area and for seleceted countries, including:

• The size of the high-end furniture market (2019-2024) and forecasts 2025, 2025-2028.
• An analysis of the main demand drivers
• An import flows analysis: major imports flows from most important countries for high-end furniture production
• Competition analysis: identification of main players for each area / country by total turnover
• Distribution system insights: main trends, selection of high-end furniture dealers

Geographical coverage: European Union + UK, NO, CH; Central Eastern Europe; North America; Asia and Pacific; South America; Middle East and Africa/Gulf countries.

Country level: Germany, UK, France, Italy, USA, Canada, China, Japan, India, South Korea, Gulf Countries, Brazil, Russia. *For Russia only sector basic data available; for South Korea high-end furniture manufacturers not available.

Hot Topic: The Potential High-End Furniture Market in A Selection of Cities Worldwide and Flagship Stores

This part includes CSIL in-depth analysis on the potential high-end furniture markets in a selection of 35 cities worldwide based on criteria such as the number of ultra-rich individuals, economic growth, and the presence of high-end brands, together with the distribution analysis of 45 leading international high-end design brands. More than 500 flagship / monobrand stores have been identified, together with more than 1300 dealers.

Each city profile includes:

• Population and its growth rate, 2020, 2025, 2030 and 2035
• Total Gross domestic product, US$ billion
• Number of millionaires, centi-millionaires, billionaires
• Maps of most representative streets/districts for furniture flagship/monobrand stores in the city
• High-end design furniture flagship/monobrand stores in the city (brand, store name, address)
• High-end design furniture dealers in the city (store name, selection of brands offered, address)

High-end design /fashion brands considered in the distribution analysis:

Highlights:

Accounting for nearly 15% of the world furniture market, the high-end furniture segment emerges as a strategic and dynamic driver within the global furniture industry. North America is the largest market, largely due to its concentration of affluent consumers, including over 40% of global millionaires. Asia-Pacific and Europe follow in market size, while India and the Gulf countries stand out among the fastest-growing regions, driven by wealth concentration, urban development, ambitious real estate investments and evolving lifestyles.

Despite ongoing uncertainty, rapid transformation, and geopolitical challenges, this segment has demonstrated greater stability and independence from short-term fluctuations, such as trade shocks, and has been driven by long-term structural trends: growth of high-net-worth individuals (nearly 60 million of millionaires worldwide, +30% in Asia and Pacific in the last five years), urban concentration of wealth (top 10 cities in the world are home to more than 15% of global ultra-wealthy individuals), and the evolution of consumer preferences toward design, exclusivity and custom furniture. Those have favoured a customer base expansion globally.