North America Luxury Furniture Market Size, Share & Trends Analysis Report By Distribution Channel (Offline, and Online), By Materials (Wood, Metal, Leathers, Glass, Plastic, and Others), By End User, By Country and Growth Forecast, 2024 - 2031

The North America Luxury Furniture Market would witness market growth of 4.7% CAGR during the forecast period (2024-2031).

The US market dominated the North America Luxury Furniture Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,752.3 million by 2031. The Canada market is experiencing a CAGR of 6.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.1% during (2024 - 2031).

Luxury furniture is most commonly used in residential settings where homeowners aim to create personalized living spaces. Luxury beds, dressers, wardrobes, and nightstands enhance the comfort and aesthetic of personal sanctuaries. High-end mattresses and bedding further augment the luxury experience, prioritizing rest. Also, dining tables, chairs, and buffets crafted from fine woods and metals, often with custom details, create a setting for intimate family dinners and lavish entertainment.

In addition, living rooms are often considered the centerpiece of a home. They are a prime location for this furniture. Sofas, armchairs, coffee tables, and entertainment units made from top-tier materials serve functional purposes and act as focal points of personal style and comfort. Furthermore, luxury outdoor furniture is designed to withstand the elements while maintaining style and comfort. This includes elegant lounge chairs, outdoor sofas, and dining sets that transform gardens and patios into sophisticated, relaxing areas.

E-commerce platforms are expanding the reach of the furniture brands across Mexico, particularly to regions where physical stores may be limited.  According to the International Trade Administration (ITA), the domestic e-commerce industry was valued at USD 26.2 billion in 2022, representing a 23 percent increase over 2021. Mexico is positioned among the top five countries in the world in terms of e-commerce retail growth rate. Mexico’s e-commerce sector value will reach USD 70.4 billion by 2027. Furthermore, as construction activities in Canada, particularly in residential and commercial sectors, increase, there is a corresponding rise in demand for this furniture. As per the data from Statistics Canada, investment in building construction rose 1.7% to $19.8 billion in November 2023. The residential sector grew 2.2% to $13.7 billion, while non-residential sector investment increased 0.4% to $6.0 billion. Thus, rising e-commerce sector and construction sector investments in North America will increase the demand for this furniture in the region.

Free Valuable Insights: The Luxury Furniture Market is Predict to reach USD 34.5 Billion by 2031, at a CAGR of 5.4%

Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Materials, the market is segmented into Wood, Metal, Leathers, Glass, Plastic, and Others. Based on End User, the market is segmented into Residential (Living & Bedroom, Kitchen, Outdoor, Lighting, and Bathroom), and Commercial (Hospitality, Office, and Others). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Ashley Furniture Industries, LLC
• Lee Industries, Inc. (American Leather Holdings LLC)
• Maiden Home, Inc.
• Williams-Sonoma, Inc.
• Kimball International, Inc.
• Century Furniture LLC (RHF Investments, Inc.)
• Duresta Upholstery Limited
• Giovanni Visentin S.r.l.
• Scavolini S.p.A.
• Muebles Pico S.A.

North America Luxury Furniture Market Report Segmentation

By Distribution Channel

• Offline
• Online

By Materials

• Wood
• Metal
• Leathers
• Glass
• Plastic
• Others

By End User

• Residential
  • Living & Bedroom
  • Kitchen
  • Outdoor
  • Lighting
  • Bathroom
• Commercial
  • Hospitality
  • Office
• Others

By Country

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Luxury Furniture Market, by Distribution Channel
1.4.2 North America Luxury Furniture Market, by Materials
1.4.3 North America Luxury Furniture Market, by End User
1.4.4 North America Luxury Furniture Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Luxury Furniture Market by Distribution Channel
4.1 North America Offline Market by Region
4.2 North America Online Market by Region

Chapter 5. North America Luxury Furniture Market by Materials
5.1 North America Wood Market by Country
5.2 North America Metal Market by Country
5.3 North America Leathers Market by Country
5.4 North America Glass Market by Country
5.5 North America Plastic Market by Country
5.6 North America Others Market by Country

Chapter 6. North America Luxury Furniture Market by End User
6.1 North America Residential Market by Country
6.2 North America Luxury Furniture Market by Residential Type
6.2.1 North America Living & Bedroom Market by Country
6.2.2 North America Kitchen Market by Country
6.2.3 North America Outdoor Market by Country
6.2.4 North America Lighting Market by Country
6.2.5 North America Bathroom Market by Country
6.3 North America Commercial Market by Country
6.4 North America Luxury Furniture Market by Commercial Type
6.4.1 North America Hospitality Market by Country
6.4.2 North America Office Market by Country
6.4.3 North America Others Market by Country

Chapter 7. North America Luxury Furniture Market by Country
7.1 US Luxury Furniture Market
7.1.1 US Luxury Furniture Market by Distribution Channel
7.1.2 US Luxury Furniture Market by Materials
7.1.3 US Luxury Furniture Market by End User
7.1.3.1 US Luxury Furniture Market by Residential Type
7.1.3.2 US Luxury Furniture Market by Commercial Type
7.2 Canada Luxury Furniture Market
7.2.1 Canada Luxury Furniture Market by Distribution Channel
7.2.2 Canada Luxury Furniture Market by Materials
7.2.3 Canada Luxury Furniture Market by End User
7.2.3.1 Canada Luxury Furniture Market by Residential Type
7.2.3.2 Canada Luxury Furniture Market by Commercial Type
7.3 Mexico Luxury Furniture Market
7.3.1 Mexico Luxury Furniture Market by Distribution Channel
7.3.2 Mexico Luxury Furniture Market by Materials
7.3.3 Mexico Luxury Furniture Market by End User
7.3.3.1 Mexico Luxury Furniture Market by Residential Type
7.3.3.2 Mexico Luxury Furniture Market by Commercial Type
7.4 Rest of North America Luxury Furniture Market
7.4.1 Rest of North America Luxury Furniture Market by Distribution Channel
7.4.2 Rest of North America Luxury Furniture Market by Materials
7.4.3 Rest of North America Luxury Furniture Market by End User
7.4.3.1 Rest of North America Luxury Furniture Market by Residential Type
7.4.3.2 Rest of North America Luxury Furniture Market by Commercial Type

Chapter 8. Company Profiles
8.1 Ashley Furniture Industries, LLC
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 Lee Industries, Inc. (American Leather Holdings LLC)
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Maiden Home, Inc.
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Williams-Sonoma, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.4.4 SWOT Analysis
8.5 Kimball International, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Century Furniture LLC (RHF Investments, Inc.)
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Duresta Upholstery Limited
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Giovanni Visentin s.r.l.
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Scavolini S.p.A.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Muebles Pico S.A.
8.10.1 Company Overview
8.10.2 SWOT Analysis

TABLE 1 North America Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 2 North America Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 3 North America Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 4 North America Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 5 North America Offline Market by Region, 2020 - 2023, USD Million
TABLE 6 North America Offline Market by Region, 2024 - 2031, USD Million
TABLE 7 North America Online Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Online Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 10 North America Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 11 North America Wood Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Wood Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Metal Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Metal Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Leathers Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Leathers Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Glass Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Glass Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Plastic Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Plastic Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 24 North America Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 25 North America Residential Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Residential Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 28 North America Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 29 North America Living & Bedroom Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Living & Bedroom Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Kitchen Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Kitchen Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Outdoor Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Outdoor Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Lighting Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Lighting Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Bathroom Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Bathroom Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Commercial Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Commercial Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 42 North America Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 43 North America Hospitality Market by Country, 2020 - 2023, USD Million
TABLE 44 North America Hospitality Market by Country, 2024 - 2031, USD Million
TABLE 45 North America Office Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Office Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 48 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 49 North America Luxury Furniture Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Luxury Furniture Market by Country, 2024 - 2031, USD Million
TABLE 51 US Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 52 US Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 53 US Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 54 US Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 55 US Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 56 US Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 57 US Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 58 US Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 59 US Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 60 US Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 61 US Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 62 US Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 63 Canada Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 64 Canada Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 65 Canada Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 66 Canada Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 67 Canada Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 68 Canada Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 69 Canada Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 70 Canada Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 71 Canada Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 72 Canada Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 73 Canada Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 74 Canada Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 75 Mexico Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 76 Mexico Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 77 Mexico Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 78 Mexico Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 79 Mexico Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 80 Mexico Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 81 Mexico Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 82 Mexico Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 83 Mexico Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 84 Mexico Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 85 Mexico Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 86 Mexico Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 87 Rest of North America Luxury Furniture Market, 2020 - 2023, USD Million
TABLE 88 Rest of North America Luxury Furniture Market, 2024 - 2031, USD Million
TABLE 89 Rest of North America Luxury Furniture Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 90 Rest of North America Luxury Furniture Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 91 Rest of North America Luxury Furniture Market by Materials, 2020 - 2023, USD Million
TABLE 92 Rest of North America Luxury Furniture Market by Materials, 2024 - 2031, USD Million
TABLE 93 Rest of North America Luxury Furniture Market by End User, 2020 - 2023, USD Million
TABLE 94 Rest of North America Luxury Furniture Market by End User, 2024 - 2031, USD Million
TABLE 95 Rest of North America Luxury Furniture Market by Residential Type, 2020 - 2023, USD Million
TABLE 96 Rest of North America Luxury Furniture Market by Residential Type, 2024 - 2031, USD Million
TABLE 97 Rest of North America Luxury Furniture Market by Commercial Type, 2020 - 2023, USD Million
TABLE 98 Rest of North America Luxury Furniture Market by Commercial Type, 2024 - 2031, USD Million
TABLE 99 Key Information - Ashley Furniture Industries, LLC
TABLE 100 Key Information – Lee Industries, Inc.
TABLE 101 Key Information – Maiden Home, Inc.
TABLE 102 Key Information – Williams-Sonoma, Inc.
TABLE 103 Key Information – Kimball International INC.
TABLE 104 Key Information – century furniture llc
TABLE 105 Key Information – Duresta Upholstery Limited
TABLE 106 Key Information – Giovanni Visentin s.r.l.
TABLE 107 Key Information – Scavolini S.p.A.
TABLE 108 Key Information – Muebles Pico S.A.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Luxury Furniture Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Luxury Furniture Market
FIG 4 Porter’s Five Forces Analysis – Luxury Furniture Market
FIG 5 North America Luxury Furniture Market share by Distribution Channel, 2023
FIG 6 North America Luxury Furniture Market share by Distribution Channel, 2031
FIG 7 North America Luxury Furniture Market by Distribution Channel, 2020 - 2031, USD Million
FIG 8 North America Luxury Furniture Market share by Materials, 2023
FIG 9 North America Luxury Furniture Market share by Materials, 2031
FIG 10 North America Luxury Furniture Market by Materials, 2020 - 2031, USD Million
FIG 11 North America Luxury Furniture Market share by End User, 2023
FIG 12 North America Luxury Furniture Market share by End User, 2031
FIG 13 North America Luxury Furniture Market by End User, 2020 - 2031, USD Million
FIG 14 North America Luxury Furniture Market share by Country, 2023
FIG 15 North America Luxury Furniture Market share by Country, 2031
FIG 16 North America Luxury Furniture Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: Ashley Furniture Industries, LLC
FIG 18 SWOT Analysis: Lee Industries, Inc.
FIG 19 SWOT Analysis: Maiden Home, Inc.
FIG 20 SWOT Analysis: Williams-Sonoma, Inc.
FIG 21 SWOT Analysis: Kimball International, Inc.
FIG 22 SWOT Analysis: Century Furniture LLC
FIG 23 SWOT Analysis: Duresta Upholstery Limited
FIG 24 SWOT Analysis: Giovanni Visentin S.r.l.
FIG 25 SWOT Analysis: Scavolini S.p.A.
FIG 26 SWOT Analysis: Muebles Pico S.A.