Asia Pacific Luxury Furniture Market Size, Share & Trends Analysis Report By Distribution Channel (Offline, and Online), By Materials (Wood, Metal, Leathers, Glass, Plastic, and Others), By End User, By Country and Growth Forecast, 2024

List of Tables

The Asia Pacific Luxury Furniture Market would witness market growth of 6.2% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Luxury Furniture Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,664.6 million by 2031. The Japan market is registering a CAGR of 5.6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 6.9% during (2024 - 2031).

The adoption of this furniture has been steadily growing, driven by various factors across different sectors and regions. This adoption is influenced by economic, cultural, and technological developments that shape consumer preferences and purchasing behaviors. Economic prosperity in various regions, particularly in emerging markets, has increased disposable income among the middle and upper classes. As wealth increases, so does the ability of individuals to invest in luxury items that enhance their living environments.

Rapid urbanization has resulted in a significant shift in lifestyle, with more people moving into cities and seeking comfortable and aesthetically pleasing living spaces. There is an increasing need for furniture that maximizes available space while bringing refinement and individuality to small spaces as urban inhabitants become more design aware.

China's booming real estate sector, especially in major cities like Beijing, Shanghai, and Shenzhen, has fueled the demand for this furniture. High-end residential developments and luxury apartments require premium furnishings to match upscale living standards. As per the State Council of People's Republic of China, China's furniture sector registered steady growth in the first eight months of 2021. The industry's operating revenue increased 21.3 percent year-on-year to 494.04 billion yuan (about $76.7 billion). The combined profits reached 25.83 billion yuan, up 27 percent from a year earlier. In the first eight months, 706.64 million furniture items were produced, up 22.2 percent year-on-year. The presence and influence of Western luxury furniture brands and designers in China have elevated local tastes and preferences. Chinese consumers are more exposed to international design trends, leading to higher demand for luxury furniture. Hence, the growing furniture sector in the region is driving the market's growth.

Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Materials, the market is segmented into Wood, Metal, Leathers, Glass, Plastic, and Others. Based on End User, the market is segmented into Residential (Living & Bedroom, Kitchen, Outdoor, Lighting, and Bathroom), and Commercial (Hospitality, Office, and Others). Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

Ashley Furniture Industries, LLC
Lee Industries, Inc. (American Leather Holdings LLC)
Maiden Home, Inc.
Williams-Sonoma, Inc.
Kimball International, Inc.
Century Furniture LLC (RHF Investments, Inc.)
Duresta Upholstery Limited
Giovanni Visentin S.r.l.
Scavolini S.p.A.
Muebles Pico S.A.

Asia Pacific Luxury Furniture Market Report Segmentation

By Distribution Channel

Offline
Online

By Materials

Wood
Metal
Leathers
Glass
Plastic
Others

By End User

Residential
- Living & Bedroom
- Kitchen
- Outdoor
- Lighting
- Bathroom
Commercial
- Hospitality
- Office
Others

By Country

China
Japan
India
South Korea
Australia
Malaysia
Rest of Asia Pacific

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Luxury Furniture Market, by Distribution Channel
- 1.4.2 Asia Pacific Luxury Furniture Market, by Materials
- 1.4.3 Asia Pacific Luxury Furniture Market, by End User
- 1.4.4 Asia Pacific Luxury Furniture Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Asia Pacific Luxury Furniture Market by Distribution Channel

4.1 Asia Pacific Offline Market by Country
4.2 Asia Pacific Online Market by Country

Chapter 5. Asia Pacific Luxury Furniture Market by Materials

5.1 Asia Pacific Wood Market by Country
5.2 Asia Pacific Metal Market by Country
5.3 Asia Pacific Leathers Market by Country
5.4 Asia Pacific Glass Market by Country
5.5 Asia Pacific Plastic Market by Country
5.6 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Luxury Furniture Market by End User

6.1 Asia Pacific Residential Market by Country
6.2 Asia Pacific Luxury Furniture Market by Residential Type
- 6.2.1 Asia Pacific Living & Bedroom Market by Country
- 6.2.2 Asia Pacific Kitchen Market by Country
- 6.2.3 Asia Pacific Outdoor Market by Country
- 6.2.4 Asia Pacific Lighting Market by Country
- 6.2.5 Asia Pacific Bathroom Market by Country
6.3 Asia Pacific Commercial Market by Country
6.4 Asia Pacific Luxury Furniture Market by Commercial Type
- 6.4.1 Asia Pacific Hospitality Market by Country
- 6.4.2 Asia Pacific Office Market by Country
- 6.4.3 Asia Pacific Others Market by Country

Chapter 7. Asia Pacific Luxury Furniture Market by Country

7.1 China Luxury Furniture Market
- 7.1.1 China Luxury Furniture Market by Distribution Channel
- 7.1.2 China Luxury Furniture Market by Materials
- 7.1.3 China Luxury Furniture Market by End User
  - 7.1.3.1 China Luxury Furniture Market by Residential Type
  - 7.1.3.2 China Luxury Furniture Market by Commercial Type
7.2 Japan Luxury Furniture Market
- 7.2.1 Japan Luxury Furniture Market by Distribution Channel
- 7.2.2 Japan Luxury Furniture Market by Materials
- 7.2.3 Japan Luxury Furniture Market by End User
  - 7.2.3.1 Japan Luxury Furniture Market by Residential Type
  - 7.2.3.2 Japan Luxury Furniture Market by Commercial Type
7.3 India Luxury Furniture Market
- 7.3.1 India Luxury Furniture Market by Distribution Channel
- 7.3.2 India Luxury Furniture Market by Materials
- 7.3.3 India Luxury Furniture Market by End User
  - 7.3.3.1 India Luxury Furniture Market by Residential Type
  - 7.3.3.2 India Luxury Furniture Market by Commercial Type
7.4 South Korea Luxury Furniture Market
- 7.4.1 South Korea Luxury Furniture Market by Distribution Channel
- 7.4.2 South Korea Luxury Furniture Market by Materials
- 7.4.3 South Korea Luxury Furniture Market by End User
  - 7.4.3.1 South Korea Luxury Furniture Market by Residential Type
  - 7.4.3.2 South Korea Luxury Furniture Market by Commercial Type
7.5 Australia Luxury Furniture Market
- 7.5.1 Australia Luxury Furniture Market by Distribution Channel
- 7.5.2 Australia Luxury Furniture Market by Materials
- 7.5.3 Australia Luxury Furniture Market by End User
  - 7.5.3.1 Australia Luxury Furniture Market by Residential Type
  - 7.5.3.2 Australia Luxury Furniture Market by Commercial Type
7.6 Malaysia Luxury Furniture Market
- 7.6.1 Malaysia Luxury Furniture Market by Distribution Channel
- 7.6.2 Malaysia Luxury Furniture Market by Materials
- 7.6.3 Malaysia Luxury Furniture Market by End User
  - 7.6.3.1 Malaysia Luxury Furniture Market by Residential Type
  - 7.6.3.2 Malaysia Luxury Furniture Market by Commercial Type
7.7 Rest of Asia Pacific Luxury Furniture Market
- 7.7.1 Rest of Asia Pacific Luxury Furniture Market by Distribution Channel
- 7.7.2 Rest of Asia Pacific Luxury Furniture Market by Materials
- 7.7.3 Rest of Asia Pacific Luxury Furniture Market by End User
  - 7.7.3.1 Rest of Asia Pacific Luxury Furniture Market by Residential Type
  - 7.7.3.2 Rest of Asia Pacific Luxury Furniture Market by Commercial Type

Chapter 8. Company Profiles

8.1 Ashley Furniture Industries, LLC
- 8.1.1 Company Overview
- 8.1.2 SWOT Analysis
8.2 Lee Industries, Inc. (American Leather Holdings LLC)
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
8.3 Maiden Home, Inc.
- 8.3.1 Company Overview
- 8.3.2 SWOT Analysis
8.4 Williams-Sonoma, Inc.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental Analysis
- 8.4.4 SWOT Analysis
8.5 Kimball International, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 SWOT Analysis
8.6 Century Furniture LLC (RHF Investments, Inc.)
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
8.7 Duresta Upholstery Limited
- 8.7.1 Company Overview
- 8.7.2 SWOT Analysis
8.8 Giovanni Visentin s.r.l.
- 8.8.1 Company Overview
- 8.8.2 SWOT Analysis
8.9 Scavolini S.p.A.
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
8.10. Muebles Pico S.A.
- 8.10.1 Company Overview
- 8.10.2 SWOT Analysis

LIST OF TABLES

TABLE 1 Asia Pacific Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Offline Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Offline Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Online Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Online Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Wood Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Wood Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Metal Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Metal Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Leathers Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Leathers Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Glass Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Glass Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Plastic Market by Country, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Plastic Market by Country, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Residential Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Residential Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 29 Asia Pacific Living & Bedroom Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Living & Bedroom Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Kitchen Market by Country, 2020 - 2023, USD Million
TABLE 32 Asia Pacific Kitchen Market by Country, 2024 - 2031, USD Million
TABLE 33 Asia Pacific Outdoor Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Outdoor Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Lighting Market by Country, 2020 - 2023, USD Million
TABLE 36 Asia Pacific Lighting Market by Country, 2024 - 2031, USD Million
TABLE 37 Asia Pacific Bathroom Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Bathroom Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Commercial Market by Country, 2020 - 2023, USD Million
TABLE 40 Asia Pacific Commercial Market by Country, 2024 - 2031, USD Million
TABLE 41 Asia Pacific Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 42 Asia Pacific Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 43 Asia Pacific Hospitality Market by Country, 2020 - 2023, USD Million
TABLE 44 Asia Pacific Hospitality Market by Country, 2024 - 2031, USD Million
TABLE 45 Asia Pacific Office Market by Country, 2020 - 2023, USD Million
TABLE 46 Asia Pacific Office Market by Country, 2024 - 2031, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 48 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 49 Asia Pacific Luxury Furniture Market by Country, 2020 - 2023, USD Million
TABLE 50 Asia Pacific Luxury Furniture Market by Country, 2024 - 2031, USD Million
TABLE 51 China Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 52 China Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 53 China Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 54 China Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 55 China Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 56 China Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 57 China Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 58 China Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 59 China Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 60 China Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 61 China Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 62 China Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 63 Japan Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 64 Japan Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 65 Japan Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 66 Japan Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 67 Japan Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 68 Japan Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 69 Japan Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 70 Japan Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 71 Japan Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 72 Japan Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 73 Japan Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 74 Japan Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 75 India Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 76 India Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 77 India Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 78 India Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 79 India Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 80 India Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 81 India Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 82 India Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 83 India Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 84 India Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 85 India Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 86 India Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 87 South Korea Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 88 South Korea Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 89 South Korea Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 90 South Korea Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 91 South Korea Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 92 South Korea Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 93 South Korea Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 94 South Korea Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 95 South Korea Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 96 South Korea Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 97 South Korea Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 98 South Korea Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 99 Australia Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 100 Australia Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 101 Australia Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 102 Australia Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 103 Australia Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 104 Australia Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 105 Australia Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 106 Australia Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 107 Australia Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 108 Australia Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 109 Australia Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 110 Australia Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 111 Malaysia Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 112 Malaysia Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 113 Malaysia Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 114 Malaysia Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 115 Malaysia Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 116 Malaysia Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 117 Malaysia Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 118 Malaysia Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 119 Malaysia Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 120 Malaysia Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 121 Malaysia Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 122 Malaysia Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 123 Rest of Asia Pacific Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 124 Rest of Asia Pacific Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 125 Rest of Asia Pacific Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 126 Rest of Asia Pacific Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 127 Rest of Asia Pacific Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 128 Rest of Asia Pacific Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 129 Rest of Asia Pacific Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 130 Rest of Asia Pacific Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 131 Rest of Asia Pacific Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 132 Rest of Asia Pacific Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 133 Rest of Asia Pacific Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 134 Rest of Asia Pacific Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 135 Key Information - Ashley Furniture Industries, LLC
TABLE 136 Key Information - Lee Industries, Inc.
TABLE 137 Key Information - Maiden Home, Inc.
TABLE 138 Key Information - Williams-Sonoma, Inc.
TABLE 139 Key Information - Kimball International INC.
TABLE 140 Key Information - century furniture llc
TABLE 141 Key Information - Duresta Upholstery Limited
TABLE 142 Key Information - Giovanni Visentin s.r.l.
TABLE 143 Key Information - Scavolini S.p.A.
TABLE 144 Key Information - Muebles Pico S.A.

Asia Pacific Luxury Furniture Market Size, Share & Trends Analysis Report By Distribution Channel (Offline, and Online), By Materials (Wood, Metal, Leathers, Glass, Plastic, and Others), By End User, By Country and Growth Forecast, 2024 - 2031

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