
Rapid urbanization and increasing disposable incomes have been extremely important for the soaring profits of the global market. In the coming years, growing number of commercial spaces such as restaurants, hotels, and clubs are likely to be key end users of luxury furniture items as they persistently try to create luxurious experience for the customer. Entry of various designers, focus on providing an opulent lifestyle choice to the end user, and a higher awareness about the artistic value of the luxury furniture have also been identified as the important growth drivers for the global market.