Europe Luxury Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Europe Luxury Furniture Market is Segmented by Product Type (Lighting, Tables, Chairs and Sofas, Accessories, Bedrooms, Cabinets, and Other Product Types), End-User (Residential and Commercial), Distribution Channel (Home Centers, Flagship Stores, Specialty Stores, Online, and Other Distribution Channels), and Geography (Germany, United Kingdom, France, Spain, Russia, Italy, and Rest of Europe). The Report Offers Market Size and Forecasts for European Luxury Furniture Market in Value (USD) for all the Above Segments.

Europe Luxury Furniture Market Size

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Europe Luxury Furniture Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 11.78 Billion
Market Size (2029) USD 15.95 Billion
CAGR (2024 - 2029) 6.24 %
Market Concentration Low

Major Players

Europe Luxury Furniture Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Europe Luxury Furniture Market Analysis

The Europe Luxury Furniture Market size is estimated at USD 11.78 billion in 2024, and is expected to reach USD 15.95 billion by 2029, growing at a CAGR of 6.24% during the forecast period (2024-2029).

The European luxury furniture sector holds a prominent position globally, excelling not just as a producer but also as a significant consumer and exporter. Europe's furniture production alone commands nearly 40% of the global market.

China's sizable population and growing affluence have fueled a robust demand for furniture, which, in turn, is bolstering the European furniture industry. Consumers' growing inclination to allocate a larger portion of their disposable income to floor coverings and furnishings is fueling this trend. Additionally, factors such as urbanization, real estate growth, robust GDP, and economic stability further contribute to Europe's furniture industry surge.

Europe emerges as a dominant player in the global wooden furniture export market, with its primary markets including the European Union, the United States, Hong Kong, Japan, and Vietnam. Notably, Europe also imports furniture, particularly from countries like Italy and Germany.

Europe's thriving furniture industry is underpinned by its abundant natural resources. A noteworthy development is the rise of furniture malls in Europe, a response to the surging consumer demands.

Europe Luxury Furniture Market Trends

E-commerce Transforming Europe's Luxury Furniture Market

E-commerce's rapid rise has upended the traditional dynamics of Europe's luxury furniture market. Online platforms have become pivotal for both consumers and businesses, reshaping the industry. A key catalyst behind this shift is the convenience and accessibility that e-commerce brings. Shoppers can now peruse a vast array of luxury furniture from their homes, bypassing the need for physical store visits. This newfound convenience has broadened the customer base, even enticing those who hadn't explored luxury furniture before.

For European luxury furniture brands, e-commerce has unlocked a global audience. By establishing an online presence, these brands can now target customers across borders. This market expansion has translated into heightened sales prospects and a wider clientele, fueling growth. Notable examples of European luxury furniture brands capitalizing on e-commerce include Roche Bobois, Poltrona Frau, Vitra, and Fritz Hansen. Moreover, e-commerce has intensified competition, both regionally and globally. Online marketplaces empower customers to compare prices, designs, and reviews, empowering them to make informed purchase decisions.

Europe Luxury Furniture Market- Market Share, By End User, In %, 2021

Italy's Dominance in the Luxury Furniture Sector

Italy dominates the global luxury furniture sector, boasting a plethora of esteemed brands that cater to both domestic and international markets. Renowned for their opulent and top-tier craftsmanship, Italian furniture manufacturers enjoy a global clientele.

Italian luxury furniture brands boast an extensive distribution network, showcasing their products in showrooms, flagship stores, and online platforms. Their diverse offerings span from classic to cutting-edge designs, catering to a wide range of customer preferences. Italy's reputation as a luxury furniture manufacturing hub has solidified its standing as the go-to destination for those seeking premium furniture. The nation's design finesse, artisanal expertise, and unwavering commitment to quality have cemented its leadership in the European luxury furniture market. Italy's allure extends beyond its craftsmanship and design prowess. Its rich cultural heritage and artistic legacy, deeply rooted in cities like Milan, Florence, and Venice, serve as wellsprings of inspiration for luxury furniture designers and manufacturers. 

Europe Luxury Furniture Market: E-commerce Luxury Furniture Revenue Share, Europe, In %, 2021

Europe Luxury Furniture Industry Overview

The luxury furniture market in Europe is highly fragmented, with a large number of small and medium-sized companies operating in the market. This is because luxury furniture is often handcrafted and requires specialized skills and expertise, which are typically found in smaller, specialized companies. While there are a few large players in the market, the luxury furniture industry in Europe remains highly fragmented, with a large number of smaller companies and artisans operating in the market. 

This fragmentation can make it difficult for new entrants to establish themselves in the market, but it also creates opportunities for niche players who specialize in particular types of luxury furniture or cater to specific segments of the market. Some of the major players in this market are Duresta Upholstery Ltd., Muebles Pico, Valderamobili, Giovanni Visentin, and Scavolini.

Europe Luxury Furniture Market Leaders

  1. Duresta Upholstery Ltd.

  2. Muebles Pico

  3. Valderamobili

  4. Giovanni Visentin

  5. Scavolini

*Disclaimer: Major Players sorted in no particular order

Europe Luxury Furniture Market Concentration
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Europe Luxury Furniture Market News

  • February 2023: Muebles Pico launched a new collection of luxury sofas and chairs named "Atlas." The collection features contemporary designs with clean lines and soft curves and incorporates high-quality materials such as leather and velvet.
  • September 2022: Duresta Upholstery Ltd launched a new collection of luxury sofas and chairs named "Westwood." The collection features classic designs with a contemporary twist and incorporates high-quality materials such as velvet, leather, and wool.

Europe Luxury Furniture Market Report - Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain/Supply Chain Analysis

    5. 4.5 Porter's Five Forces Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

    6. 4.6 Impact of COVID-19 on the Market


    1. 5.1 Product Type

      1. 5.1.1 Lighting

      2. 5.1.2 Tables

      3. 5.1.3 Chairs and Sofas

      4. 5.1.4 Accessories

      5. 5.1.5 Bedroom

      6. 5.1.6 Cabinets

      7. 5.1.7 Other Product Types

    2. 5.2 End-User

      1. 5.2.1 Residential

      2. 5.2.2 Commercial

    3. 5.3 Distribution Channel

      1. 5.3.1 Home Centers

      2. 5.3.2 Flagship Stores

      3. 5.3.3 Specialty Stores

      4. 5.3.4 Online

      5. 5.3.5 Other Distribution Channels

    4. 5.4 Geography

      1. 5.4.1 Germany

      2. 5.4.2 United Kingdom

      3. 5.4.3 France

      4. 5.4.4 Spain

      5. 5.4.5 Russia

      6. 5.4.6 Italy

      7. 5.4.7 Rest of Europe


    1. 6.1 Company Profiles

      1. 6.1.1 Duresta Upholstery Ltd

      2. 6.1.2 Muebles Pico

      3. 6.1.3 Valderamobili

      4. 6.1.4 Giovanni Visentin

      5. 6.1.5 Scavolini

      6. 6.1.6 Laura Ashley Holding PLC

      7. 6.1.7 Iola Furniture Ltd

      8. 6.1.8 Nella Vetrina

      9. 6.1.9 Vimercati

      10. 6.1.10 Giemme Stile SpA*

    2. *List Not Exhaustive


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Europe Luxury Furniture Industry Segmentation

Luxury furniture is conducive to sumptuous living and includes elements that are elegant, sumptuous, and indulgent. 

The European luxury furniture market is segmented by product type, end-user, distribution channel, and geography. By product type, the market is sub-segmented into lighting, tables, chairs and sofas, accessories, bedrooms, cabinets, and other product types. By end-user, the market is sub-segmented into residential and commercial. The distribution channel of the market is sub-segmented into home centers, flagship stores, specialty stores, online, and other distribution channels. Geography the market is sub-segmented into Germany, the United Kingdom, France, Spain, Russia, Italy, and the rest of Europe. The report offers market size and forecasts for the European luxury furniture market in value (USD) for all the above segments.

Product Type
Chairs and Sofas
Other Product Types
Distribution Channel
Home Centers
Flagship Stores
Specialty Stores
Other Distribution Channels
United Kingdom
Rest of Europe
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Europe Luxury Furniture Market Research FAQs

The Europe Luxury Furniture Market size is expected to reach USD 11.78 billion in 2024 and grow at a CAGR of 6.24% to reach USD 15.95 billion by 2029.

In 2024, the Europe Luxury Furniture Market size is expected to reach USD 11.78 billion.

Duresta Upholstery Ltd., Muebles Pico, Valderamobili, Giovanni Visentin and Scavolini are the major companies operating in the Europe Luxury Furniture Market.

In 2023, the Europe Luxury Furniture Market size was estimated at USD 11.04 billion. The report covers the Europe Luxury Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Luxury Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Europe Luxury Furniture Industry Report

Statistics for the 2023 Europe Luxury Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Luxury Furniture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Europe Luxury Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)