Global Luxury Furniture Market Size & Outlook, 2024-2030
The luxury furniture industry worldwide is expected to reach a projected revenue of US$ 39,793.6 million by 2030. A compound annual growth rate of 4.2% is expected of the worldwide luxury furniture industry from 2025 to 2030.
Revenue, 2024 (US$M)
$31,059.2
Forecast, 2030 (US$M)
$39,793.6
CAGR, 2025 - 2030
4.2%
Report Coverage
Worldwide
Global luxury furniture market, 2018-2030 (US$M)
Related Markets
Global luxury furniture market highlights
- The global luxury furniture market generated a revenue of USD 31,059.2 million in 2024 and is expected to reach USD 39,793.6 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4.2% by 2030.
- In terms of segment, wood accounted for a revenue of USD 7,919.5 million in 2024.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 31,059.2 million |
| Market revenue in 2030 | USD 39,793.6 million |
| Growth rate | 4.2% (CAGR from 2025 to 2030) |
| Largest segment | Wood |
| Fastest growing segment | Metal |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood, Metal, Glass, Leather, Plastic |
Other key industry trends
- In terms of revenue, the North America accounted for 24.4% of the global luxury furniture market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 2,368.7 million by 2030.
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Luxury Furniture Market Scope
Luxury furniture market segmentation & scope
Luxury Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global luxury furniture market size, by regions, 2018-2030 (US$M)
Top 10 countries: Luxury furniture market size, 2024 (US$M)
Global luxury furniture market share, by material, 2024 & 2030 (%, US$M)
Luxury furniture market: Opportunity assessment by country
Global luxury furniture market, by region, 2024 (US$M)
Related regional statistics
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