South Korea Luxury Furniture Market Size & Outlook
The luxury furniture market in South Korea is expected to reach a projected revenue of US$ 912.2 million by 2030. A compound annual growth rate of 5.1% is expected of South Korea luxury furniture market from 2025 to 2030.
Revenue, 2024 (US$M)
$678.7
Forecast, 2030 (US$M)
$912.2
CAGR, 2025 - 2030
5.1%
Report Coverage
South Korea
South Korea luxury furniture market, 2018-2030 (US$M)
Related Markets
South Korea luxury furniture market highlights
- The South Korea luxury furniture market generated a revenue of USD 678.7 million in 2024 and is expected to reach USD 912.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.1% from 2025 to 2030.
- In terms of segment, plastic was the largest revenue generating material in 2024.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
Luxury furniture market data book summary
| Market revenue in 2024 | USD 678.7 million |
| Market revenue in 2030 | USD 912.2 million |
| Growth rate | 5.1% (CAGR from 2025 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood, Metal, Glass, Leather, Plastic |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.2% of the global luxury furniture market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China luxury furniture market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,368.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Luxury Furniture Market Scope
Luxury furniture market segmentation & scope
Luxury Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea luxury furniture market size, by material, 2018-2030 (US$M)
South Korea Luxury Furniture Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
