Luxury Furniture Market Size, Share & Trends Analysis Report By Material, By End-use, By Region (North America, Europe, Asia Pacific, RoW), And Segment Forecasts, 2016 - 2022

Methodology

We implement a mix of primary and secondary research for our market estimate and forecast. Secondary research forms the initial phase of our study, where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines paid data sources such as IMS Health. This forms the basis of our estimates. For forecasting, the following parameters are considered:

• Market drivers and restraints, along with their current and expected impact
• Regulatory scenario and expected developments
• Disease prevalence and incidence trends and demographic trends

We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate. Further, we use correlation, regression and time-series analysis to evaluate key industry dynamics. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:

• Market leading participants
• Product distributors and vendors
• Key consumers and clients

These exhaustive primary interviews help our analysts in validating market and segment estimates and forecasts. Additionally, we also gain significant industry insights, key developments, and expectations. Grand View Research only utilizes validated and authenticated secondary data sources.

Data Collection Matrix

Industry Analysis Matrix