Industry Insights

The global luxury furniture market is anticipated to reach $28.60 billion by 2022 at a CAGR of 3.7% in the forecast period. The key factors affecting the growth of this sector is disposable income. The growth of the luxury furniture sector is directly proportional to the adoption of e-retailing methods to reduce the operating expenses in sales & distribution and growth of real estate industry. The real estate sector has shown a significant slowdown in the 1st half of 2017.

However, the market is expected to grow with the moderate speed. Development of the real estate industry for commercial as well as the residential place would push the luxury furniture market forward. Also, the development is coupled with the change in lifestyle of the consumers, especially in urban areas due to increase in disposable income. However, the growth can be hampered by the increasing expenses for a raw material required, the design of furniture and the lack of skilled workforce.

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Raw Material Insights

By raw material, the luxury furniture market is categorized into plastic, metal, wood, glass, leather, and others. Mahogany, Teak, Jackfruit, Cedar and Redwood trees are the primary sources of raw material. The increase in the cost of materials, such as wood, leather, and stones, may restrain the market growth.

Consumers are inclined toward eco-friendly furniture due to the increased environmental awareness. Also, the companies are concerned about their carbon footprints and now started to offer eco-friendly alternatives which are possible due to technology and innovative ideas of designers such as marble, stone, plastic, and metal. Moreover, these materials have high durability and low maintenance cost.

End-use Insights

Luxury furniture is used for commercial as well as domestic purpose. The domestic sector contributes nearly two-third of the global luxury market revenue. In the domestic sector, living and bedroom dominated the rest of the segments by the returns in 2014 due to the consumers that are specific in the purchase of exact and precise kind of furniture to give an attractive and aesthetic look to their bedroom and living room.

Lighting products add to the mood and ambiance in the living & bedrooms, kitchen, bathrooms and outdoors. This has shaped an optimistic situation for lighting furniture, as an outcome, it is gaining admiration among consumers and is estimated to witness substantial growth.

Service segment contributes the largest share of the revenue in the commercial sector. Consumption of luxury furniture in the service sector is expected to grow at a higher pace to provide a better service experience to the customers. Gyms, hotels, restaurants install luxury furniture following the rise in market demand significantly. Modern, as well as Traditional designs, are receiving admiration thus driving towards the growth in this segment.

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Regional Insights

Europe dominates the global furniture market, followed by North America. Asia Pacific is expected to witness the fastest growth with a lucrative CAGR of 5.5% due to a rapid increase in per capita income and rapid growths in the real-estate industry in Asia Pacific countries such as China and India, which in turn opens up prominent opportunities for the sector during 2014-2022. Companies of manufacturing semi-finished wood furniture in Europe represents mainly the upstream group of the value chain. Revenue generated by Europe is estimated at $7329. 8 million in 2014.

China has emerged as the largest and fastest emerging furniture market in Asia Pacific, vastly driven by the increase in the living standards and disposable income.

Competitive Insights

The luxury furniture companies, mainly compete on the aspect of aesthetic values. New products and innovative design/material are the key strategy adopted by the companies. Major companies are using an e-commerce platform to reach the customers more effectively and efficiently and also increase their customer base. Besides this, many luxury furniture companies are associating up with designers to develop and launch a luxury range.

Key players: Valderamobili s.r.l, Laura Ashley Holding Plc, Giovanni Visentin s.r.l., Duresta Upholstery Ltd, Nella Vetrina, Turri S.r.l. Muebles Pico, Scavolini S.p.a., Henredon Furniture Industries Inc., Turri S.r.l.

Market Segment:

Global Luxury Furniture Outlook, By Material (Market Revenue in USD Million, 2012 - 2022)
• Wood
• Metal
• Glass
• Leather
• Plastic
• Others

Global Luxury Furniture Outlook, by End-use (Market Revenue in USD Million, 2012 - 2022)
• Domestic use
• Living & Bedroom
• Kitchen
• Lighting
• Outdoor
• Bathroom
• Commercial use
• Hospitality
• Office
• Others

Global Luxury Furniture Regional Outlook (Revenue, USD Million, 2012 - 2022)
• North America
• Europe
• Asia Pacific
• RoW

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Patient Room Furniture Sets in these regions, from 2012 to 2023 (forecast), covering

• North America (United States, Canada and Mexico)

• Europe (Germany, France, UK, Russia and Italy)

• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

• South America (Brazil, Argentina, Columbia)

• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Global Patient Room Furniture Sets market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• Winncare Group

• Sotec Medical

• CASALUCI GIULIANO Healty Design

• Favero Health Projects

• Mega Andalan Kalasan

• Sunflower Medical

• Hermann Bock GmbH Pflegebetten und Objekteinrichtung

• Futrus

• Hetech

• KI

• Malvestio

• MMO

• Paramount Bed

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

• Type I

• Type II

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Patient Room Furniture Sets for each application, including

• Application 1

• Application 2

Table of Contents

Global Patient Room Furniture Sets Market by Manufacturers, Regions, Type and Application, Forecast to 2023

1 Market Overview

1.1 Patient Room Furniture Sets Introduction

1.2 Market Analysis by Type

1.2.1 Type I

1.2.2 Type II

1.3 Market Analysis by Applications

1.3.1 Application 1

1.3.2 Application 2

1.4 New Project SWOT Analysis of Patient Room Furniture Sets

1.5 Industry News Analysis of Patient Room Furniture Sets

2 Industrial Chain Analysis

2.1 Industry Chain Structure of Patient Room Furniture Sets

2.2 Raw Material Analysis of Patient Room Furniture Sets

2.2.1 Raw Material A Market Analysis

2.2.2 Raw Material B Market Analysis

2.2.3 Raw Material C Market Analysis

2.3 Labor Cost Analysis of Patient Room Furniture Sets

2.4 Other Costs Analysis of Patient Room Furniture Sets

2.5 Manufacturing Cost Structure Analysis of Patient Room Furniture Sets

2.6 Manufacturing Process Analysis of Patient Room Furniture Sets

2.7 Raw Materials Sources of Patient Room Furniture Sets Major Manufacturers in 2017

2.8 Downstream Buyers of Patient Room Furniture Sets

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3 Global Patient Room Furniture Sets Players Profiles and Sales Data

3.1 Winncare Group

3.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors

3.1.2 Patient Room Furniture Sets Product Category, Application and Specification

3.1.2.1 Type I

3.1.2.2 Type II

3.1.3 Winncare Group Patient Room Furniture Sets Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2012-2017)

3.1.4 Winncare Group Different Types of Patient Room Furniture Sets Sales (K Units), Revenue (Million USD) and Price (USD/Unit) (2012-2017)

3.1.5 Winncare Group Patient Room Furniture Sets Volume in Different Applications and Its Application Share

3.2 Sotec Medical

3.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors

3.2.2 Patient Room Furniture Sets Product Category, Application and Specification

3.2.2.1 Type I

3.2.2.2 Type II

3.2.3 Sotec Medical Patient Room Furniture Sets Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2012-2017)

3.2.4 Sotec Medical Different Types of Patient Room Furniture Sets Sales (K Units), Revenue (Million USD) and Price (USD/Unit) (2012-2017)

3.2.5 Sotec Medical Patient Room Furniture Sets Volume in Different Applications and Its Application Share

3.3 CASALUCI GIULIANO Healty Design

3.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors

3.3.2 Patient Room Furniture Sets Product Category, Application and Specification

3.3.2.1 Type I

3.3.2.2 Type II

3.3.3 CASALUCI GIULIANO Healty Design Patient Room Furniture Sets Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2012-2017)

3.3.4 CASALUCI GIULIANO Healty Design Different Types of Patient Room Furniture Sets Sales (K Units), Revenue (Million USD) and Price (USD/Unit) (2012-2017)

3.3.5 CASALUCI GIULIANO Healty Design Patient Room Furniture Sets Volume in Different Applications and Its Application Share

3.4 Favero Health Projects

3.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors

3.4.2 Patient Room Furniture Sets Product Category, Application and Specification

3.4.2.1 Type I

3.4.2.2 Type II

3.4.3 Favero Health Projects Patient Room Furniture Sets Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2012-2017)

3.4.4 Favero Health Projects Different Types of Patient Room Furniture Sets Sales (K Units), Revenue (Million USD) and Price (USD/Unit) (2012-2017)

3.4.5 Favero Health Projects Patient Room Furniture Sets Volume in Different Applications and Its Application Share

3.5 Mega Andalan Kalasan

3.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors

3.5.2 Patient Room Furniture Sets Product Category, Application and Specification

3.5.2.1 Type I

3.5.2.2 Type II

3.5.3 Mega Andalan Kalasan Patient Room Furniture Sets Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2012-2017)

3.5.4 Mega Andalan Kalasan Different Types of Patient Room Furniture Sets Sales (K Units), Revenue (Million USD) and Price (USD/Unit) (2012-2017)

3.5.5 Mega Andalan Kalasan Patient Room Furniture Sets Volume in Different Applications and Its Application Share

3.6 Sunflower Medical

3.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors

3.6.2 Patient Room Furniture Sets Product Category, Application and Specification

3.6.2.1 Type I

3.6.2.2 Type II

3.6.3 Sunflower Medical Patient Room Furniture Sets Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (%) (2012-2017)

3.6.4 Sunflower Medical Different Types of Patient Room Furniture Sets Sales (K Units), Revenue (Million USD) and Price (USD/Unit) (2012-2017)

3.6.5 Sunflower Medical Patient Room Furniture Sets Volume in Different Applications and Its Application Share

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