Luxury Furniture Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $27.01 billion by 2020, registering a CAGR of 4.1% during the period 2015-2020. Asia Pacific would witness the fastest growth, owing to the rise in disposable incomes. Wooden luxury furniture has gained substantial demand worldwide, followed by metal. …
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Luxury Furniture Market Growing At a CAGR of 5.5%, is Projected to Reach $42,159.40 Million by 2031
According to a new report published by Allied Market Research, titled, “Luxury Furniture Market,” The luxury furniture market size was valued at $23,771.90 million in 2020, and is estimated to reach $42,159.40 million by 2031, growing at a CAGR of 5.5% from 2022 to 2031. The report offers an extensive analysis of changing market trends, key …
North America Luxury Furniture Market is Expected to reach $9.2 Billion by 2022
North America Luxury Furniture Market Report, published by Allied Market Research, forecasts that the market is expected to garner $9.2 billion by 2022, registering a CAGR of 3.1% during the period 2016 – 2022.The U.S. is the biggest luxury furniture market in North America, followed by Canada. Improving economic conditions throughout the region, have created favorable …
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