Home > Consumer Goods & Services > Home Improvement > Furniture and Furnishings > China Luxury Furniture Market

China Luxury Furniture Market Share

Report ID: GMI11734
Published Date: Oct 2024
Report Format: PDF

Download Free Sample

China Luxury Furniture Market Share

The market seems to be consolidated in nature due to presence of local and China players across the globe. In 2023, the market players such Aldente, Dunelm, Fuan, Holly, Krest, KUKA, Liu Yi and Man Wah collectively held around 10%-20% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

China Luxury Furniture Market Companies

Major players operating in the luxury furniture industry are:

Aldente
Dunelm
Fuan
Holly
Krest
KUKA
Liu Yi
Man Wah
Markor
Pioneer
Qumei
Red Apple
Sofa Club
Sunon
Yihua

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market was valued at USD 2.3 billion in 2023 and is estimated to grow at a CAGR of 4.8% from 2024 to 2032, driven by the substantial increase in disposable income among the middle and upper classes.

Chairs held a dominant market share of USD 0.5 billion in 2023 and are expected to reach USD 0.9 billion by 2032. The rise of minimalist and modern interior styles has led to a demand for stylish chairs that complement various design themes, encouraging innovation in materials and forms.

Key players in the industry include Aldente, Dunelm, Fuan, Holly, Krest, KUKA, Liu Yi, and Man Wah.