Global Luxury Furniture Market Is Expected to Grow More Than Us$ 27 Billion by 2020 - by Market Research Engine

Global Luxury Furniture Market is expected to Grow more than US$

27 Billion by 2020 - by Market Research Engine

New York, June 19: Market Research Engine has published a new report titled as “Luxury

Furniture Market - Global Industry Analysis, Size, Share, Growth, Trends, and

Forecast 2016 - 2024”

Luxury furniture having different style, beauty, security, comfort and more. Style will

frequently differ a big deal when used in luxurious pieces. Style belongs into two category

such as classic and modern. Another key feature of luxury furniture is type of material

used, some of customers uses solid frames and some of customer uses expensive material

such as silk or leather.

Browse Full Report: http://www.marketresearchengine.com/reportdetails/luxuryfurniture-market

Luxury furniture contain different movable parts which show-case the top of an best quality

& design related with a particular period. Different furniture industries are concerned

regarding their carbon footprints presenting environment friendly options. Since skills are

developed the furniture designers find new innovative. Luxury furniture should contain low

toxicity because it gives harmful impact on customers health.

The luxury furniture market is expected to exceed more than US$27 billion by 2020.

The major driving factors of luxury furniture market are as follows:

 Growing disposable income.

 Rapid urbanization.

 Increase in real estate industry.

 Change in life style of customer.

 Changing activities of customer.

The restraints factors of luxury furniture market are as follows:





Requirement of expert labor force.

Rising price of raw materials

The luxury furniture market is segmented on the lines of its material and end user . The

luxury furniture market is segmented on the lines of its material like metal, plastic, wood,

glass, leather and others. The luxury furniture market is segmented on the lines of its end

user like domestic use and commercial use. The...