The Global Luxury Furniture Market size was valued at around USD 27.65 billion in 2023 & is projected to reach around USD 41.95 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.67% during the forecast period, i.e., 2024-30. The main factors contributing to the increased demand for contemporary luxurious furniture are the booming real estate sector and the growing consumer focus on aesthetic indoor design.
Luxury Furniture Market Size, Global Share, Growth, & Demand Analysis [2030]