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The Luxury Furniture Market in 2030 would be worth USD


New York, United States, June 22, 2022 (GLOBE NEWSWIRE) — The market is driven by rapid urbanization globally, an increase in disposable income and the rise in the use of social media along with increased internet penetration as most of the top industry players promote their products on myriad social media platforms 

To read the summary of the report, visit the website at

https://www.strategicmarketresearch.com/market-report/luxury-furniture-market

Key Insights into the Luxury Furniture Market:

  • Europe currently holds the largest market share with nearly 34 % of the worldwide market.
  • Based on the type of material used, ‘Wood’ dominated the market with 46.23% of the total market share.
  • By End-user, the ‘Domestic use’ segment held the highest market share at 67.21%.

To get a first-hand overview of the report, Request a Sample at
https://www.strategicmarketresearch.com/request-sample/luxury-furniture-market

Key factors enhancing the market growth:

  • With rising disposable incomes and increased home improvement projects across the world, there would be an uptick in demand for luxury furniture. In China, disposable incomes grew by 8.8% in the median per capita disposable income. In India, the expected level of rising disposable income is predicted to be 9.5% between the years 2022 and 2028. In the E.U., the gross household saving rate was 18.3%, which can be considered, in part, an equivalent to disposable income. As per the statistics of the U.S. Bureau of…



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