Title: Asia-Pacific Luxury Furniture Market
1Asia-Pacific Luxury Furniture (China,
India, Singapore, Malaysia, Japan)
Market 2014-2020
Published Date 28-May-2015
No. Pages 96
2Report Description
Furniture forms a major facet of interiors in
homes, hotels and offices. Key factors that
differentiate a luxury furniture from non-luxury
furniture are the quality of material used,
aesthetic value, comparative price, and
sophistication in design. Gradual improvement in
economic conditions of various countries in the
APAC region has led to increased disposable
income of the consumers. Additionally,
real-estate industry is also witnessing a
substantial growth in this region. These factors
coupled with urbanization and improving
lifestyles of individuals, are accelerating the
growth of the luxury furniture market in the Asia
Pacific region. However, increasing cost of raw
materials such as wood and leather, may restrain
the market growth. Online retailing and the
increasing demand of multifunctional furniture
presents significant opportunities for the APAC
luxury furniture market. Based on material used
for manufacturing of luxury furniture, the market
has been segmented into metal, wood, plastic,
glass and leather. The segment of wood furniture
in the luxury furniture market, would remain the
highest over the forecast period, as the wooden
furniture is the most popular choice due its
aesthetic appeal. Glass material segment would
grow at the fastest rate during the forecast
period, owing to its increasing adoption in the
modern furniture designs. Based on end use, the
market has been primarily categorized into
domestic and commercial sector.
3Report Description
Domestic end use market is further sub-segmented
into kitchen, living bedroom, bathroom,
outdoors and lighting. Similarly, the commercial
segment has been further categorized into office,
hospitality and other commercial sectors. The
domestic segment accounted for a larger market
size as compared to the commercial segment, due
to the extensive use of luxury furniture in
homes. Living and bedroom segments accounted for
approximately half of the market share in the
domestic sector and is expected to be the biggest
segment throughout the analysis period. In
commercial segment, the hospitality sector has
contributed for largest market share and would
grow at a rapid pace over the forecast period.
China would emerge as one of the most lucrative
markets, in terms of growth, followed by
India. The market is segmented based on
material, end-use and countries. On the basis of
materials, the market is segmented into metal,
plastic, wood, glass, leather and others. The
end-use segment comprises of domestic and
commercial sectors. The domestic sector is
further sub segmented into kitchen, living
bedroom, bathroom, outdoor and lighting. The
commercial segment is further classified into
office, hospitality and others. The APAC luxury
furniture market is segmented across as China,
India, Singapore, Malaysia, Japan and rest of
Asia Pacific.
4KEY BENEFITS
- The study provides an in-depth analysis of the
APAC luxury furniture market with current and
future trends to elucidate the imminent
investment pockets in the market - Current and future trends in the Asia Pacific
countries are outlined to determine the overall
attractiveness and to single out profitable
trends in order to gain a stronger foothold in
the APAC luxury furniture market - The report provides information regarding key
drivers, restraints and opportunities with impact
analysis - Quantitative analysis of the current market and
forecast through 2015 - 2020 are provided to
showcase the financial appetency of the market in
various APAC countries - Porters Five Forces analysis of the APAC luxury
furniture market illustrates the potency of the
buyers suppliers participating in the market - Value chain analysis in the report provides a
clear understanding on the roles of stakeholders
involved in the APAC luxury furniture
5TABLE OF CONTENTS
CHAPTER 1 INTRODUCTION CHAPTER 2 EXECUTIVE
SUMMARY CHAPTER 3 MARKET OVERVIEW CHAPTER
4 ASIA PACIFIC LUXURY FURNITURE MARKET BY
MATERIAL CHAPTER 5 ASIA PACIFIC LUXURY
FURNITURE MARKET BY END USE CHAPTER 6 ASIA
PACIFIC LUXURY FURNITURE MARKEY BY
COUNTRY CHAPTER 7 COMPANY PROFILE
6KEY PLAYERS
- JLC Furniture Co. Ltd.
- PT. Wirasindo Santakarya
- McMichael furniture
- Kovacs Design furniture
- De Bruin-Judge Furniture Ltd.
- Dynamic Furniture Industries (M) Sdn Bhd
- Far fast furniture
- Falcon Incorporation PTE Ltd.
- Shanghai Casagi Furniture Ltd.
- Wegmans Furniture Industries Sdn Bhd.
7ASIA PACIFIC LUXURY FURNITURE MARKET BY MATERIAL
8Asia-Pacific Luxury Furniture Market by End Use
9Asia Pacific Luxury Furniture Market by Countries
China
Australia
India
Japan
Other
10FOR MORE DETAILS
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urniture-china-india-singapore-malaysia-japan-mark
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