The Global Luxury Furniture Market to Reach $27.01 Billion by 2020 - Literated Market Research
The global luxury furniture market is expected to reach $27.01 billion by 2020 growing at a CAGR of 4.1%. Among the luxury furniture niche, wooden luxury furniture has gained substantial demand worldwide, followed by metal furnitures. Family run domestic companies have a wide and significant presence in the luxury furniture market. Wooden luxury furniture comprised nearly 24% of the luxury furniture market in 2014 and the trend is expected to continue. During the rest of 2015 and into 2016, the...
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