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Architecture, home and design

Luxury furniture market to reach $25.9B in sales for 2023: report

November 27, 2023

Located in Lomas de Chapultepec, the most exclusive residential area in Mexico City, the Poltrona Frau Mexico City by Benetti Casa monobrand store aims to be in perfect harmony with the style of the surrounding neighborhood. Image: Poltrona Frau Located in Lomas de Chapultepec, the most exclusive residential area in Mexico City, the Poltrona Frau Mexico City by Benetti Casa monobrand store aims to be in perfect harmony with the style of the surrounding neighborhood. Image: Poltrona Frau

 

By Luxury Marketer Intelligence

The global luxury furniture market is projected to grow at a compound annual growth rate (CAGR) of 5.2 percent from 2022 to 2031.

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MOST READ
  1. Announcing Luxury Marketer's Luxury Women Leaders to Watch 2027 
  2. The Hyderabad Paradox: Where India’s fastest-growing luxury demand has run ahead of its infrastructure
  3. Questionable returns behavior becoming increasingly commonplace among US shoppers: report
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  5. How HNW and ultra-affluent consumers qualify new relationships and introductions
  6. Rise of experiential luxury in India 
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  8. 3 weeks left! Register now for Luxury Roundtable's Sept. 25 summit
  9. Formula One is most-wanted sport event on calendar for affluent consumers globally
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