LUXURY FOR EVERYONE

Every house has a furniture set that makes it feel like home. Wouldn’t it be nice, though, if a piece of luxury could be incorporated into this? The popular definition of luxury goods is elements that are made of the best quality material by skilled craftsmen. In addition, luxury goods in many European countries are also defined by their sustainability and environmental friendliness. This makes them more valuable and hence they become the choice of a certain class. They are exclusively bought by those who have a status symbol to flaunt and those who have a taste for aestheticism and durability. Symbolizing the rapidly-improving standards of urban living, they add that lavish touch to both residential and commercial establishments as is obvious to anyone leafing through the top 10 home decormagazines.

The major factors behind the sale of luxury furniture can be linked to the branding and positioning of such products internationally, along with the impact of globalization and expanding infrastructural investments, which makes it attractive to import them for Indian buyers. Chosen carefully, they can last for years and offer great conversation starting points. However, when it comes down to the furniture market in India in general, most of the sector is unorganized. This may change with the middle-class segment upgrading the overall quality of its consumption.

The emergence of middle-class buyers

Though luxury furniture has traditionally been associated with the affluent, the middle-class sector is ready to improve their living standards as well. Thanks to safe online bill payment and EMI alternatives, a large number of consumers can thus pay for their products in installments. Buyers are aware of the traps posed by “cheaper” alternatives and are willing to pay a little more to buy something that lasts.

Eco-friendly choices

In terms of the current trends in luxury furniture, it is commonly seen that eco-friendly options are preferred among the young urban generation. The biggest reason behind this could be its organic nature. People are sensitive to the cost the environment pays for their lifestyle and often opt for materials accordingly. Common examples may include luxury furniture using North American hardwood and bamboo that emit fewer toxins and promote a cleaner environment.

Multi-purpose furniture

Luxury furniture is not just limited to dense, space-devouring sofas anymore. Buyers these days are increasingly choosing multipurpose furniture made of wood, metal, glass, leather or even plastic to maximize utility. Perfect for small spaces, modular furniture that can be easily folded up and put away is gaining traction. These are quite useful in today’s world with an increasing number of single-person or two-people households.

Modern furniture

Keeping in with the demand for technologically-advanced models, contemporary furniture has been in vogue. Freestanding desks, console tables, director’s chairs, coffee table, and ready-to-assemble furniture give a chic and fun look to every space. They work well for both residential and commercial sectors, inviting sleek modernity to the area.

Thus, these are the current trends in the luxury furniture space. Have a look at the best home decorating magazines, choose your pieces wisely, and start a furniture collection that will add to your living style and become an expression of you.