Global Luxury Furniture Market Growth (Status and Outlook) 2025-2031

Global Luxury Furniture Market Growth (Status and Outlook) 2025-2031

The global Luxury Furniture market size is predicted to grow from US$ 34060 million in 2025 to US$ 43730 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.

Luxury furniture is a work of art, designed and completed with the highest level of finish, well balanced and of superlative quality.It is usually made from very best materials such as top quality wood, top quality leather and top quality glass.

North America is the largest Luxury Furniture market with about 39% market share. Europe is follower, accounting for about 35% market share.

The key players are Restoration Hardware, Hooker Furniture Corporation, Knoll, Brown Jordan, Kimball Hospitality, Poltrona Frau, Gold Phoenix, Roche Bobois, Scavolini S.p.A., B&B Italia, Minotti, Ligne Roset, Luxury Living Group (Fendi Casa), Suyen Furniture Group, Fitz Hansen, Kettal, Eichholtz, Interi Furniture, Turri S.r.l., Paola Lenti, Edra, Manutti, Boca do Lobo, Muebles Pico etc. Top 3 companies occupied about 8% market share.

LPI (LP Information)' newest research report, the “Luxury Furniture Industry Forecast” looks at past sales and reviews total world Luxury Furniture sales in 2024, providing a comprehensive analysis by region and market sector of projected Luxury Furniture sales for 2025 through 2031. With Luxury Furniture sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Luxury Furniture industry.

This Insight Report provides a comprehensive analysis of the global Luxury Furniture landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Luxury Furniture portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Luxury Furniture market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Luxury Furniture and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Luxury Furniture.

This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Furniture market by product type, application, key players and key regions and countries.

Segmentation by Type:
Indoor
Outdoor

Segmentation by Application:
Home
Hospitality
Office
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Restoration Hardware
Hooker Furniture Corporation
Knoll
Brown Jordan
Kimball Hospitality
Poltrona Frau
Gold Phoenix
Roche Bobois
Scavolini S.p.A.
B&B Italia
Minotti
Ligne Roset
Luxury Living Group (Fendi Casa)
Suyen Furniture Group
Fitz Hansen
Kettal
Eichholtz
Interi Furniture
Turri S.r.l.
Paola Lenti
Edra
Manutti
Boca do Lobo
Muebles Pico