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Luxury Hotel Furniture-Global Market Insights and Sales Trends 2024
Synopsis
The luxury hotel industry is one of the major customer service industries globally. Growing travel and tourism industry is one of the key reasons behind the growth of luxury hotels industry. In order to meet the increasing demand for unique customer services, luxury hotels are constantly striving to improve their services by focusing on changing consumer preferences.
The global Luxury Hotel Furniture market size is expected to reach US$ 311.5 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Luxury Hotel Furniture in various end use industries. The expanding demands from the Room, F&B, SPA and Others, are propelling Luxury Hotel Furniture market. Business Hotel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Suite Hotel segment is estimated at % CAGR for the next seven-year period.
Nowadays, the top five companies make up more than 26.37% market share of the luxury hotels market, and the world's large Enterprises are mainly concentrated in North America. The top five vendors are Marriott International, Hilton, Hyatt Hotels, Four Seasons Holdings Inc. and Shangri-La International Hotel Management Ltd. They respectively took a global market share as 13.59%, 6.59%, 2.53%, 2.41%, and 1.24% in 2017.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Luxury Hotel Furniture, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Luxury Hotel Furniture market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Luxury Hotel Furniture market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Luxury Hotel Furniture sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Luxury Hotel Furniture covered in this report include Marriott International, Hilton, Starwood Hotels & Resorts (Marriott), Hyatt Hotels, Four Seasons Holdings Inc., Shangri-La International Hotel Management Ltd., InterContinental Hotels Group PLC, Mandarin Oriental International Limited and The Indian Hotels Company Limited, etc.
The global Luxury Hotel Furniture market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Marriott International
Hilton
Starwood Hotels & Resorts (Marriott)
Hyatt Hotels
Four Seasons Holdings Inc.
Shangri-La International Hotel Management Ltd.
InterContinental Hotels Group PLC
Mandarin Oriental International Limited
The Indian Hotels Company Limited
Jumeirah International LLC
Kerzner International Resorts
ITC Hotels Limited
Global Luxury Hotel Furniture market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Luxury Hotel Furniture market, Segment by Type:
Business Hotel
Suite Hotel
Airport Hotel
Resorts Hotel
Global Luxury Hotel Furniture market, by Application
Room
F&B
SPA
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Luxury Hotel Furniture manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Luxury Hotel Furniture in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The luxury hotel industry is one of the major customer service industries globally. Growing travel and tourism industry is one of the key reasons behind the growth of luxury hotels industry. In order to meet the increasing demand for unique customer services, luxury hotels are constantly striving to improve their services by focusing on changing consumer preferences.
The global Luxury Hotel Furniture market size is expected to reach US$ 311.5 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Luxury Hotel Furniture in various end use industries. The expanding demands from the Room, F&B, SPA and Others, are propelling Luxury Hotel Furniture market. Business Hotel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Suite Hotel segment is estimated at % CAGR for the next seven-year period.
Nowadays, the top five companies make up more than 26.37% market share of the luxury hotels market, and the world's large Enterprises are mainly concentrated in North America. The top five vendors are Marriott International, Hilton, Hyatt Hotels, Four Seasons Holdings Inc. and Shangri-La International Hotel Management Ltd. They respectively took a global market share as 13.59%, 6.59%, 2.53%, 2.41%, and 1.24% in 2017.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Luxury Hotel Furniture, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Luxury Hotel Furniture market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Luxury Hotel Furniture market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Luxury Hotel Furniture sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Luxury Hotel Furniture covered in this report include Marriott International, Hilton, Starwood Hotels & Resorts (Marriott), Hyatt Hotels, Four Seasons Holdings Inc., Shangri-La International Hotel Management Ltd., InterContinental Hotels Group PLC, Mandarin Oriental International Limited and The Indian Hotels Company Limited, etc.
The global Luxury Hotel Furniture market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Marriott International
Hilton
Starwood Hotels & Resorts (Marriott)
Hyatt Hotels
Four Seasons Holdings Inc.
Shangri-La International Hotel Management Ltd.
InterContinental Hotels Group PLC
Mandarin Oriental International Limited
The Indian Hotels Company Limited
Jumeirah International LLC
Kerzner International Resorts
ITC Hotels Limited
Global Luxury Hotel Furniture market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Luxury Hotel Furniture market, Segment by Type:
Business Hotel
Suite Hotel
Airport Hotel
Resorts Hotel
Global Luxury Hotel Furniture market, by Application
Room
F&B
SPA
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Luxury Hotel Furniture manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Luxury Hotel Furniture in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Luxury Hotel Furniture Market Overview
1.1 Luxury Hotel Furniture Product Overview
1.2 Luxury Hotel Furniture Market Segment by Type
1.2.1 Business Hotel
1.2.2 Suite Hotel
1.2.3 Airport Hotel
1.2.4 Resorts Hotel
1.3 Global Luxury Hotel Furniture Market Size by Type
1.3.1 Global Luxury Hotel Furniture Market Size Overview by Type (2018-2029)
1.3.2 Global Luxury Hotel Furniture Historic Market Size Review by Type (2018-2023)
1.3.3 Global Luxury Hotel Furniture Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Luxury Hotel Furniture Sales Breakdown by Type (2018-2023)
1.4.2 Europe Luxury Hotel Furniture Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Luxury Hotel Furniture Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Luxury Hotel Furniture Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Luxury Hotel Furniture Sales Breakdown by Type (2018-2023)
2 Global Luxury Hotel Furniture Market Competition by Company
2.1 Global Top Players by Luxury Hotel Furniture Sales (2018-2023)
2.2 Global Top Players by Luxury Hotel Furniture Revenue (2018-2023)
2.3 Global Top Players by Luxury Hotel Furniture Price (2018-2023)
2.4 Global Top Manufacturers Luxury Hotel Furniture Manufacturing Base Distribution, Sales Area, Product Type
2.5 Luxury Hotel Furniture Market Competitive Situation and Trends
2.5.1 Luxury Hotel Furniture Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Luxury Hotel Furniture Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Luxury Hotel Furniture as of 2022)
2.7 Date of Key Manufacturers Enter into Luxury Hotel Furniture Market
2.8 Key Manufacturers Luxury Hotel Furniture Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Luxury Hotel Furniture Status and Outlook by Region
3.1 Global Luxury Hotel Furniture Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Luxury Hotel Furniture Historic Market Size by Region
3.2.1 Global Luxury Hotel Furniture Sales in Volume by Region (2018-2023)
3.2.2 Global Luxury Hotel Furniture Sales in Value by Region (2018-2023)
3.2.3 Global Luxury Hotel Furniture Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Luxury Hotel Furniture Forecasted Market Size by Region
3.3.1 Global Luxury Hotel Furniture Sales in Volume by Region (2024-2029)
3.3.2 Global Luxury Hotel Furniture Sales in Value by Region (2024-2029)
3.3.3 Global Luxury Hotel Furniture Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Luxury Hotel Furniture by Application
4.1 Luxury Hotel Furniture Market Segment by Application
4.1.1 Room
4.1.2 F&B
4.1.3 SPA
4.1.4 Others
4.2 Global Luxury Hotel Furniture Market Size by Application
4.2.1 Global Luxury Hotel Furniture Market Size Overview by Application (2018-2029)
4.2.2 Global Luxury Hotel Furniture Historic Market Size Review by Application (2018-2023)
4.2.3 Global Luxury Hotel Furniture Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Luxury Hotel Furniture Sales Breakdown by Application (2018-2023)
4.3.2 Europe Luxury Hotel Furniture Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Luxury Hotel Furniture Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Luxury Hotel Furniture Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Luxury Hotel Furniture Sales Breakdown by Application (2018-2023)
5 North America Luxury Hotel Furniture by Country
5.1 North America Luxury Hotel Furniture Historic Market Size by Country
5.1.1 North America Luxury Hotel Furniture Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Luxury Hotel Furniture Sales in Volume by Country (2018-2023)
5.1.3 North America Luxury Hotel Furniture Sales in Value by Country (2018-2023)
5.2 North America Luxury Hotel Furniture Forecasted Market Size by Country
5.2.1 North America Luxury Hotel Furniture Sales in Volume by Country (2024-2029)
5.2.2 North America Luxury Hotel Furniture Sales in Value by Country (2024-2029)
6 Europe Luxury Hotel Furniture by Country
6.1 Europe Luxury Hotel Furniture Historic Market Size by Country
6.1.1 Europe Luxury Hotel Furniture Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Luxury Hotel Furniture Sales in Volume by Country (2018-2023)
6.1.3 Europe Luxury Hotel Furniture Sales in Value by Country (2018-2023)
6.2 Europe Luxury Hotel Furniture Forecasted Market Size by Country
6.2.1 Europe Luxury Hotel Furniture Sales in Volume by Country (2024-2029)
6.2.2 Europe Luxury Hotel Furniture Sales in Value by Country (2024-2029)
7 Asia-Pacific Luxury Hotel Furniture by Region
7.1 Asia-Pacific Luxury Hotel Furniture Historic Market Size by Region
7.1.1 Asia-Pacific Luxury Hotel Furniture Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Luxury Hotel Furniture Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Luxury Hotel Furniture Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Luxury Hotel Furniture Forecasted Market Size by Region
7.2.1 Asia-Pacific Luxury Hotel Furniture Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Luxury Hotel Furniture Sales in Value by Region (2024-2029)
8 Latin America Luxury Hotel Furniture by Country
8.1 Latin America Luxury Hotel Furniture Historic Market Size by Country
8.1.1 Latin America Luxury Hotel Furniture Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Luxury Hotel Furniture Sales in Volume by Country (2018-2023)
8.1.3 Latin America Luxury Hotel Furniture Sales in Value by Country (2018-2023)
8.2 Latin America Luxury Hotel Furniture Forecasted Market Size by Country
8.2.1 Latin America Luxury Hotel Furniture Sales in Volume by Country (2024-2029)
8.2.2 Latin America Luxury Hotel Furniture Sales in Value by Country (2024-2029)
9 Middle East and Africa Luxury Hotel Furniture by Country
9.1 Middle East and Africa Luxury Hotel Furniture Historic Market Size by Country
9.1.1 Middle East and Africa Luxury Hotel Furniture Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Luxury Hotel Furniture Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Luxury Hotel Furniture Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Luxury Hotel Furniture Forecasted Market Size by Country
9.2.1 Middle East and Africa Luxury Hotel Furniture Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Luxury Hotel Furniture Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Marriott International
10.1.1 Marriott International Company Information
10.1.2 Marriott International Introduction and Business Overview
10.1.3 Marriott International Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Marriott International Luxury Hotel Furniture Products Offered
10.1.5 Marriott International Recent Development
10.2 Hilton
10.2.1 Hilton Company Information
10.2.2 Hilton Introduction and Business Overview
10.2.3 Hilton Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hilton Luxury Hotel Furniture Products Offered
10.2.5 Hilton Recent Development
10.3 Starwood Hotels & Resorts (Marriott)
10.3.1 Starwood Hotels & Resorts (Marriott) Company Information
10.3.2 Starwood Hotels & Resorts (Marriott) Introduction and Business Overview
10.3.3 Starwood Hotels & Resorts (Marriott) Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Starwood Hotels & Resorts (Marriott) Luxury Hotel Furniture Products Offered
10.3.5 Starwood Hotels & Resorts (Marriott) Recent Development
10.4 Hyatt Hotels
10.4.1 Hyatt Hotels Company Information
10.4.2 Hyatt Hotels Introduction and Business Overview
10.4.3 Hyatt Hotels Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hyatt Hotels Luxury Hotel Furniture Products Offered
10.4.5 Hyatt Hotels Recent Development
10.5 Four Seasons Holdings Inc.
10.5.1 Four Seasons Holdings Inc. Company Information
10.5.2 Four Seasons Holdings Inc. Introduction and Business Overview
10.5.3 Four Seasons Holdings Inc. Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Four Seasons Holdings Inc. Luxury Hotel Furniture Products Offered
10.5.5 Four Seasons Holdings Inc. Recent Development
10.6 Shangri-La International Hotel Management Ltd.
10.6.1 Shangri-La International Hotel Management Ltd. Company Information
10.6.2 Shangri-La International Hotel Management Ltd. Introduction and Business Overview
10.6.3 Shangri-La International Hotel Management Ltd. Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shangri-La International Hotel Management Ltd. Luxury Hotel Furniture Products Offered
10.6.5 Shangri-La International Hotel Management Ltd. Recent Development
10.7 InterContinental Hotels Group PLC
10.7.1 InterContinental Hotels Group PLC Company Information
10.7.2 InterContinental Hotels Group PLC Introduction and Business Overview
10.7.3 InterContinental Hotels Group PLC Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.7.4 InterContinental Hotels Group PLC Luxury Hotel Furniture Products Offered
10.7.5 InterContinental Hotels Group PLC Recent Development
10.8 Mandarin Oriental International Limited
10.8.1 Mandarin Oriental International Limited Company Information
10.8.2 Mandarin Oriental International Limited Introduction and Business Overview
10.8.3 Mandarin Oriental International Limited Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Mandarin Oriental International Limited Luxury Hotel Furniture Products Offered
10.8.5 Mandarin Oriental International Limited Recent Development
10.9 The Indian Hotels Company Limited
10.9.1 The Indian Hotels Company Limited Company Information
10.9.2 The Indian Hotels Company Limited Introduction and Business Overview
10.9.3 The Indian Hotels Company Limited Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.9.4 The Indian Hotels Company Limited Luxury Hotel Furniture Products Offered
10.9.5 The Indian Hotels Company Limited Recent Development
10.10 Jumeirah International LLC
10.10.1 Jumeirah International LLC Company Information
10.10.2 Jumeirah International LLC Introduction and Business Overview
10.10.3 Jumeirah International LLC Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Jumeirah International LLC Luxury Hotel Furniture Products Offered
10.10.5 Jumeirah International LLC Recent Development
10.11 Kerzner International Resorts
10.11.1 Kerzner International Resorts Company Information
10.11.2 Kerzner International Resorts Introduction and Business Overview
10.11.3 Kerzner International Resorts Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Kerzner International Resorts Luxury Hotel Furniture Products Offered
10.11.5 Kerzner International Resorts Recent Development
10.12 ITC Hotels Limited
10.12.1 ITC Hotels Limited Company Information
10.12.2 ITC Hotels Limited Introduction and Business Overview
10.12.3 ITC Hotels Limited Luxury Hotel Furniture Sales, Revenue and Gross Margin (2018-2023)
10.12.4 ITC Hotels Limited Luxury Hotel Furniture Products Offered
10.12.5 ITC Hotels Limited Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Luxury Hotel Furniture Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Luxury Hotel Furniture Industrial Chain Analysis
11.4 Luxury Hotel Furniture Market Dynamics
11.4.1 Luxury Hotel Furniture Industry Trends
11.4.2 Luxury Hotel Furniture Market Drivers
11.4.3 Luxury Hotel Furniture Market Challenges
11.4.4 Luxury Hotel Furniture Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Luxury Hotel Furniture Distributors
12.3 Luxury Hotel Furniture Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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