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According to a new report, North America Luxury Furniture Market, published by KBV Research, the North America Luxury Furniture Market is expected to grow at a CAGR of 3.8% during 2016 -2022.
The U. S market dominated the North America Luxury Furniture Market in 2015, and would reach a market size of $6,816.6 million by 2022, growing at a CAGR of 3.1% during the forecast period. However, Canada market is expected to grow at CAGR of 6.1% during 2016-2022.
The Wood market contributed the larger revenue share to the North America Luxury Furniture Market in 2015, and would grow at a CAGR of 3% during the forecast period. The Glass market is anticipated to grow at 5.6% CAGR during 2016-2022.
The Residential market registered the highest share in the North America Luxury Furniture Market in 2015, and is anticipated to grow at a CAGR of 4.3% during the forecast period. The Commercial market is expected to attain a market size of $2,783.3 million by 2022.
The Living & Bedroom market dominated the North America Residential Luxury Furniture Market in 2015, and would grow at a CAGR of 3.3% during the forecast period. However, Lighting market is expected to grow at CAGR of 8% during 2016-2022.
The report highlights the adoption of Luxury Furniture in North America.Based on Materials, the market is segmented into Metal, Wood, Plastic, Glass, Leathers, Others. Based on End User, the Luxury Furniture market is segmented into Residential and Commercial Market. According to the usage, the Residential market is segmented into Kitchen, Living & Bedroom, Bathroom, Outdoor, Lighting segments; the commercial market is segmented into Office, Hospitality and Others segment. The countries included in the report are U.S, Canada, Mexico and Rest of North America.
Key Companies profiled in the report includes Kimberly- Clark Corporation, Unicharm, Bumkins, SvenskaCellulosaAktiebolaget Company, Hengan, American Baby Company, Procter & Gamble Company (P&G), Kao Corporation.
Full report: https://www.kbvresearch.com/north-america-luxury-furniture-market/
The market is segmented based on Materials, End User and Country.
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