Furniture industry in india 2018 pdf. The Luxury Furniture Market is expected to garner $27. IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India luxury furniture market from 2019-2033. China is also The Furniture in India: ISIC 361 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability The Household Goods in India report includes: Five year forecasts on industry’s historic trends and growth Insights on key factors shaping industry’s historic and future performance Aug 7, 2020 · PDF | Objectives:To study the segmentation, targeting and positioning of furniture industry. Home Furnishings in India Analysis - Free download as PDF File (. txt) or read online for free. However, with future improvements in India's infrastructure and dividends from its demographics, India is expected to become the new center of furniture manufacturing, gradually replacing China's This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. pdf), Text File (. Cevisama 2020 ceramics fair in Spain, some 55 Indian companies have drummed up greater interest from buyers owing to muted competition from China. It highlights the challenges faced by the Indian furniture industry, including fragmentation, lack of standardization, and economic impacts from Covid-19, while noting the sector's growth potential. Seeking assistance Short title and commencement. 52,192 crore and growing at 30% annually. The document requests full the furniture industry (Ratnasingam et al. The available data (covering the period 2018 to 2022 (where data The furniture industry in Bangladesh has transitioned from cottage-based to mechanized mass production. The residential furniture sector accounts for over 60% of the market and is growing at over 14% annually. 77 billion in 2024, and is expected to reach USD 36. 0 Billion in 2024 and grow at a CAGR of 4. Organizing the gathered information in a clear, structured manner is essential to ensure the literature review addresses the research objectives. India imports more furniture than any other country. This is an expansion from previous editions that covered 70 countries. Feb 7, 2025 · From homeware to office furniture, even expanding over to pet care, the furniture industry is all-encompassing and ever-growing. The industry employs around 500,000 workers but faces The project report details the production and operations of the furniture manufacturing industry, completed by a group of BBA students at K S School of Business Management for the academic year 2021-2022. The Furniture industry of India is vital for social and economic development With India poised to become the third largest global economy by 2030, the Government of India has identified the furniture industry as a key enabler to expand the reach of ‘Make in India’ goods across the globe. 120,000 crores and home decor and utilities is at Rs. Lockdown has touched on different countries and industries at different time intervals and at different levels The global wooden furniture market was valued at USD 592. It also analyzes Pepperfry's competition, including other online furniture retailers and the potential entry of large companies like IKEA and Amazon. 70% during the forecast period of 2025-2034 to attain a valuation of USD 47. The objective for the development of small scale industries in India is to provide employment, to meet a substantial part of the increased demand for common consumer goods, like furniture, and to provide the basis for India Furniture Market- Industry Size, Share, Trend Analysis and Forecast Report, 2018-2028, Segmented y Material (Wood, Metal, Plastic, Others), By Application (Home Furniture, Office Furniture, Hospitality Furniture, Others), By Distribution Channel (Supermarkets And Hypermarkets, Specialty Stores, Online, Others), By Region The Indian furniture market report provides information on the market overview, market growth drivers, market challenges, the impact of COVID-19 on the market, and housing trends in India. This document discusses the key parts of a chair, including the head rest, back rest, arm rest, seat, mechanism, gas lift, foot base, castors, and upholstery. It describes the growing $8 billion industry, which is expanding at 30% annually. 38% during the forecast period i. As a furniture manufacturer with numerous suppliers to ensure a steady supply of raw materials for uninterrupted production, supplier management activities are crucial for this company. 73bn in 2025. 2 Billion by 2033 at a CAGR of 6. 34 Billion by 2034. It will provide insights into the geographical presence and market share of major players. IKEA is a 77-year old global Swedish furniture manufacturer with a revenue of 41. We consider emerging and innovative design strategies for wood (in This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. Feb 20, 2021 · PDF | IKEA is an internationally well-known largest furniture retailer. 2. The journey of Furniture Exports from India is marked by a rich tapestry of artistry, innovation, and strategic trade practices that have placed the country on the global map as a significant player in the furniture industry. 72 Billion by 2030, rising at a CAGR of 6. 2%. It discusses Pepperfry's market opportunities in India's growing online furniture industry. The mechanism section outlines different types like synchronous, seat plate, basic tilt, and weight Home interiors is a huge market in India, with an estimated size of ~INR 2. In fact, it is an array of a variety of things-from simple chairs and tables to decorated beds The India furniture market size reached approximately USD 24. Along with the functionalities The document summarizes the furniture industry in India. Rattan furniture has become a luxury good in markets like Europe, America, and Asia. Employment in the Industry According to a National Skill Development Council (NSDC) report, India’s furniture and furnishings industry will need 11. It begins by defining furniture and describing its various uses. 5B) in 2023. The Furniture Industry - Free download as PDF File (. 18 billion by 2030, at a CAGR of 7. Language: english. The handmade furniture industry is the only sector that puts India on the global map. 20 billion in 2025 and grow at a CAGR of 8. Here you will get an opportunity to meet numerous national and international decision-makers, acquire new customers and discuss key issues including Digitalization, Sustainability, Skilling, Supply Chain Management as also discover The kitchen furniture market in India (S76) The kitchen furniture market in Japan and South Korea (S41) Pro les of 50 major appliance manufacturers worldwide (AP17) Nov 26, 2019 · The Indian market is mostly unorganised and underdeveloped. India’s wood-based industries— comprising both large companies and millions of artisans and small and medium enterprises—now export timber products valued at more than $1 billion,1 an The document provides an overview of Pakistan's furniture industry. By product, the bedroom furniture segment had the highest market share of 35. Overall, the Nigerian furniture Dec 31, 2020 · PDF | On Dec 31, 2020, Bhattacharjee and others published A Creative Approach Towards the Furniture Business Opportunities in India | Find, read and cite all the research you need on ResearchGate Background Exports of furniture have shown strong dynamism in recent years, reaching over US$63 million in 2017–18 and registering a growth of 20 percent over the previous year. 08% in 2023 when contrasted with earlier year The global wood furniture market size reached USD 288. It states that the Indian furniture market is expected to reach USD 32. Executive summary This digest is an essential read for anyone operating in the furniture sector and is a distillation of information that is primarily sourced from the websites of government bodies such as the Office for National Statistics (ONS), HM Revenue and Customs, Communities and Local Government and the Bank of England. 61 B USD with an expected growth rate of 13. Private fragment represented USD 20. 64 Cr and Import values is of INR 161. It contributes marginally to GDP at around 0. Growing incomes and development have increased furniture demand across sectors. The furniture industry is recognized as one of the prominent sectors with high export and diversification potential in the backdrop of readymade garments' overwhelming and ever-growing dominance in Bangladesh's Because of its well-off handcraft and tempting traditional art and style, the Indian furniture industry is well-known both in India and beyond (Goel and Garg, 2018; Mukhopadhyay et al. Home furniture makes up 65% of both the global and Indian furniture markets. 130,000 crores. India Furniture Market Outlook (2018-2026) The report offers the most up-to-date industry data on the actual market situation, and future outlook of the furniture market in India. 3 million skilled workers by the year 2022. The largest furniture markets were seats, other furniture made of plastic, and parts for furniture. Indian Furniture Industry is estimated at around Rs 35,000 crore (Rs 350 billion) market of wooden furniture solely owns the share of nearly Rs 60 crore India was the biggest furniture importer in 2004-05, with a 17 % The Country Furniture Outlook Series actually contains all the main statistics and indicators useful to analyse the furniture market in over 100 countries. Jul 9, 2025 · By 2026, the online furniture market in India was expected to size up to ** billion US dollars. 8 Billion in 2024, is projected to reach USD 44. 23 Billion in 2024, and is expected to reach USD 39. While India has abundant forests, much of the wood is used as fuel and the furniture industry only accounts for 8% of wood usage. Damro Furniture, Dapper Furniture, Durian Furniture, Evok and Excel Furniture are the major companies operating in this market. It notes that a literature review requires extensive research from various sources, critical analysis, and synthesis of key information. An executive summary introduces the study describing the role of India within the global The CSIL report "World Furniture Outlook 2017/2018" provides an analysis of the furniture industry in 100 countries, representing around 90% of the world's population and GDP. The government has declared furniture a 'thrust sector' and it contributes 0. To enter the Indian market, IKEA conducted in-depth analysis including identifying consumer preferences, preliminary country screening, and a PESTLE analysis. The application of CAD allows the design ideas to be viewed clearly and efficiently where the design can be rotated, colour rendered and get evaluated. However, with future improvements in India's infrastructure and dividends from its demographics, India is expected to become the new center of furniture manufacturing, gradually replacing China's The furniture market in India is growing rapidly, driven by strong economic growth. 5 billion in 2024. The Indonesian furniture and handicraft industry produces environmentally friendly and unique products by skilled craftsmen. Along with the functionalities The document discusses crafting a literature review for research on the furniture industry. The market is expected to grow from USD 693. 33% to reach USD 37. The India furniture market is experiencing robust growth, fueled by factors such as rising disposable incomes, rapid urbanization, and the evolving lifestyle preferences of a growing middle class. 7 million by 2030. For this study, Grand View Research has segmented the global second-hand furniture market report based on product, material, application, and region: The Asia Pacific furniture market held the highest industry share of 38. The demand for furniture in India is driven by several factors, such as urbanization, increasing home INDIAWOOD aims to drive the Indian furniture manufacturing and woodworking industry and establish India as one of the top manufacturing destinations in the region. It now focuses on processed wood and materials like MDF, laminated board, and particleboard. It discusses key factor conditions including raw material availability, human resources and skills, infrastructure challenges, and local and international demand conditions. 30,000 crores, with 85% in the unorganized sector. The organized The document provides an analysis of the competitive furniture industry in India. In India, it ran into several problems, such as Foreign Direct | Find, read and cite all the research you India's Furniture Consumption in USD Billion, 2014-2024 The Furniture Industry in India offers an up-to-date and detailed analysis of the Indian furniture sector, through key indicators, market dynamics, demand drivers, productive factors, and information about the leading furniture manufacturers in India. 08% in 2023 when contrasted with earlier year India: Revenue in the Furniture Market is projected to reach US$854. 75 billion in 2025, and is expected to reach USD 37. The purpose of this study is to study key determinants of IKEA's success. 60 billion by 2030. 1) The furniture market in India is booming, valued at Rs. With the passage of time, the | Find, read and cite all the research you The India furniture market was valued at USD 24. 1% during the forecast period 2015-2020. Definition: The eCommerce Furniture market is a sector of online retailing that focuses on selling furniture and In India wood is generally understood as either fuel wood (use as fuel for cooking in households, local restaurants in rural/semi urban areas, etc. The top materials used are wood, metal, and plastic. 61 Billion by 2018 by registering a CAGR of 13. 4T (US$ 29. It shall come into force on the expiry of twelve month from the date of publication of this notification. , 2020). This edition of the newsletter reviews prospects for increasing Indonesian furniture exports in the » BIS Act, Rules &BIS Act, Rules & Regulations The document discusses the furniture industry in India. The industry Furniture Market Size The global furniture market size was estimated at USD 666. The domestic furniture market is estimated at $7. 09 trillion in 2034, at a CAGR of 5. 2018-2023. 61 billion by 2018, growing at a CAGR of 13. This makes it one of the largest furniture markets in the world. Among all the types of furniture used, office furniture segment is Abstract The furniture industry (NAICS 337) plays an important role in the U. The furniture industry in India is a largely unorganized sector dominated by handicraft production. ) or timber used in construction, builders’ joinery, furniture, or manufacturing wood based panels, paper etc. Home Furnishings! Furniture e-retailing, though today a fraction of total e-commerce market in India, is growing around 10 percent annually. The report will analyze the current market size and structure, key players, growth drivers, challenges, government policies, and future opportunities. 25% to reach USD 426. economy as a bellwether for manufacturing through its utilization of a global production network. The industry was traditionally focused on handicrafts Abstract: This research considers the ecosystem services associated with furniture, one of the leading types of secondary wood products manufactured internationally. Strategic roadmap for India's furniture sector growth. Key points made include that the market is expected to grow rapidly due to rising incomes and urbanization. Furniture Industry, Indian Furniture Industry, Furniture Industry in India, Furniture Industry India - Free download as PDF File (. Currently, the industry sources materials and has a workforce that manufactures furniture. Foreword by KPMG in India The e-commerce retail industry in India has grown substantially driven by increasing internet penetration, smartphone usage and language diversity on e-commerce platforms. Worldwide: The Furniture market worldwide is projected to generate a revenue of US$729. 37 Cr. 75 billion in 2025 and grow at a CAGR of 7. Sep 10, 2018 · Just type your search query in any keyword on this page, and if the documents are available, you can read or download it to your laptop or smartphone. The available data (covering the period 2018 to 2022 (where data is available), has been Circular design IKEA Preowned – resale of secondhand furniture (WSJ, 2025) f SUSTAINABILITY TRENDS IN THE FURNITURE INDUSTRY Green Manufacturing in India Government Support: PLI Scheme promotes sustainable domestic manufacturing New furniture hubs and quality control policies (IBEF, 2024) Designer Innovation Example: Fernando Laposse Uses The document discusses the diverse scope of furniture, covering its types, historical styles, materials, cultural variations, ergonomics, and sustainability. May 13, 2019 · The India Furniture Market is anticipated to reach USD 32. Similarly, the demand for housing, commercial, and construction Nov 28, 2020 · Sustainable Practices in Furniture Design: A Literature Study on Customization, Biomimicry, Competitiveness, and Product Communication Mar 31, 2025 · The Furniture Industry in India - CSIL's Research Report "The furniture industry in India" offers an up-to-date and detailed analysis of the Indian furniture sector, through key indicators, market dynamics, demand drivers, productive factors, and information about the leading furniture manufacturers in India. 8 billion in 2034, at a CAGR of 5. Finally, it evaluates The furniture industry in India is a largely unorganized sector dominated by handicraft production. It states that the market size is approximately Rs. It includes an introduction to the industry, history, input processes, and various furniture manufacturers in India, highlighting their products and market presence. It notes that the industry has an estimated market size of Rs. Around 47% of India's home & interiors market is attributed to home furnishings, while home improvement has a share of 42%. during 2017-18 & 2018-19 with a trade deficit of INR 142. Sep 1, 2025 · The India Home Furniture Market is expected to reach USD 25. It also summarizes related and supporting industries, firm strategies and structures, and mentions some chance occurrences that could impact the industry The India Furniture Market was valued at USD 27. Further, India private furniture showcase is relied upon to develop at a CAGR of 14. 9 billion, of which wooden furniture accounts for $1. 18 Million by 2032, with an expected CAGR of 10. The furniture sector in India only makes a marginal contribution to the formation of GDP, representing just a small percentage (about 0. Home interiors is a huge market in India, with an estimated size of ~INR 2. It then provides an overview of the global furniture sector and India's place within it. Indian Furniture Industry is considered as a "non organized" sector, with handicraft production accounts for about 85% of the furniture production in India. 2% over the forecast period. The furniture industry in India is large but still developing. 63% during the forecast period (2025-2030). 3B € (O’Connell, 2019) and a presence in 52 countries The furniture market in India is growing rapidly, driven by strong economic growth. 9 Billion by 2033. For this study, Grand View Research has segmented the global second-hand furniture market report based on product, material, application, and region: The India furniture market size valued at USD 23. 75 Billion in 2024. Definition:The Furniture market covers different movable objects designed to support various The India Home Furniture Market size is estimated at USD 22. Further, adoption of digital wallets has become more widespread now, aided by overall shift towards digital payments. 73 Cr. Additionally, it mentions the ongoing These companies are actively launching new products and expanding their presence in emerging markets to capture a larger share of the furniture industry. 39% share in 2024. Go on to read EXPERT ADVIcE about How the manufacturers should alter their working methodsto ride this wave for their eventual profit. It is estimated to be worth around $30 billion but 85% of production is in the unorganized sector by craftsmen. 16% over 2018-2023. Nov 24, 2023 · India’s rise in the global Furniture Exports arena is a remarkable story of traditional craftsmanship meeting modern market dynamics. The Indian furniture industry is worth $32. Find any text or Jun 19, 2025 · The size of the Furniture Market in India market was valued at USD 28. 38% until 2023. Popular types of Indian furniture include home, garden, office, kitchen, bedroom, and This 3-page document provides an overview and scope of a market research report on the branded furniture industry in India. A compound annual growth rate of 5. It summarizes that the Indian furniture market is valued at $32 billion but remains largely unorganized. Several brands have established themselves in the organized furniture market in India. Definition:The Furniture market covers different movable objects designed to support various The furniture rental industry in India is growing due to increased mobility among young professionals and the rise of work-from-home culture. To make and study ANSOFF grid for the key player in the | Find, read and cite all the research you Wood-based industry in India, 2010-2019 ················································································· 21 Aug 20, 2022 · PDF | Design and the furniture industry have been evolving a lot, with the advancements in the lives of human beings. Such software enhances creativity, precision and accuracy, increases th India Furniture Market Synopsis India is the second-largest consumer of furniture in Asia Pacific, with a large population and booming housing sector. The furniture industry in India is a part of the home furnishing industry and occupies the largest Mar 18, 2020 · PDF | IKEA is known globally for its low prices and innovatively designed furniture. S. This presents opportunities for Danish furniture designers, as India focuses less on design. 6% is expected of India luxury furniture market from 2025 to 2030. Major opportunities exist in furniture manufacturing, interior design, and supplying furniture to the growing domestic market. The industry is expected to witness rapid growth, fueled by a recently-held India: In 2025, the Furniture market in India is projected to generate a revenue of INR US$5. Wooden furniture dominates the market currently but other materials are growing. In the respondents, the Servqual method was used as a tool for Apr 1, 2025 · The Furniture Industry in India report offers an up-to-date and detailed analysis of the Indian furniture sector, through key indicators, market dynamics, demand drivers, productive factors, and Abstract Purpose: The study aims to do marketing mix of plastic furniture industry, to do SWOT analysis of furniture industry and Nilkamal group of companies, and to recommend marketing strategies The research subject will be a company engaged in furniture production. 3% of sales in 2015. 05% during the forecast period, driven by several factors. Bangladesh has a large furniture industry with over 99,000 manufacturers employing over 2 million workers. The industry Global buyers are turning to India to source ceramics, homeware, fashion and lifestyle goods, textiles and furniture from the country as China grapples with the deadly coronavirus outbreak. 65,000 crores, with 80% falling in the unorganized sector. The main wood types used in Indian The document provides a comprehensive overview of the wooden furniture industry in India, detailing its historical significance, manufacturing processes, and market dynamics. It is the complete B2B show presenting a comprehensive sourcing, trading, manufacturing and production solution designed to ful l the needs of the Indian furniture market. India's furniture industry is estimated to be worth $8. Some challenges in India were lower price sensitivity, attracting customers to foreign goods, acquiring land, and competition from online Executive Summary India is poised to join China and Vietnam as a furniture-manufacturing hub, importing vast amounts of timber from all over the world and processing this wood into finished products. Moreover, the market is expected to garner The India Furniture Market size is expected to reach USD 25. Firstly, the rise of e-commerce in India has made it easier for consumers to shop for furniture and home decor products online. Challenges facing the industry The Asia Pacific furniture market held the highest industry share of 38. Created by: Patrick Waters. The furniture sector only makes a marginal contribution to the formation of GDP, representing just a small percentage. The document discusses crafting a literature review for research on the furniture industry. The industry is largely unorganized at 85% while the The India furniture market was valued at USD 24. 35 billion. The India Furniture advertises is additionally portioned by part into private and business. The industry The India Online Furniture and Home Decor Market has experienced significant growth in recent years and is expected to record a positive CAGR of 37. 5 percent of global furniture exports. – (1) This order may be called the Furniture (Quality Control) Order, 2023. 2 billion population (Trading Economics, 2020). The report also Wood-based industry in India, 2010-2019 ················································································· 21 The Center for World Industrial Research (CSIL) analyzed the global furniture market and published the results of the study in the report "World Furniture Outlook 2021" - 2020 was a difficult year for the furniture sector due to the pandemic, both in terms of demand and supply. Various startups offer a range of furniture options, making it convenient for customers to rent instead of buy, with added services like discounts and maintenance. 15m in 2025. This growth can be attributed to an increase in disposable incomes, urbanization and changing lifestyles among consumers as well The luxury furniture market in India is expected to reach a projected revenue of US$ 2,368. This was due to the high import Mar 18, 2025 · India Furniture - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030) - The India Furniture Market size is estimated at USD 25. Furniture production in India is dominated by wood, with teak and rosewood being commonly used materials. 5% and employs around 300,000 workers. While India ranks low globally in furniture exports and imports, the industry is growing and several foreign companies are partnering with Indian producers. The organized furniture industry in India is expected to grow 20% annually. The market is projected to grow at a CAGR of 6. The Product Report is prepared to draw a road map to ensure import to the minimum level and boost up export to a maximum level and to be a trade surplus In India, manual operation /Low cost obsolete IKEA is a Swedish furniture retailer that opened its first Indian store in 2018 in Hyderabad. 2) Changing lifestyles and rising incomes are driving demand for furniture in India. We have an incredible amount of database from any category in every popular language in this world. Sep 26, 2018 · The article presents the results of client satisfaction surveys of the furniture industry in the Silesian and Lodz voivodships. Home furniture accounted for 62% of sales, with bedroom furniture making up 61% of home furniture. China is currently the world's largest furniture producer at 39% of global production, followed by the US, Germany, Italy, and India. All these special features as well as regular columns have made this issue a rare The dominance of wooden furniture is expected to maintain its expansion in the Indian furniture market with a CAGR of 11. In 2025, the Indian furniture market was valued at USD 30 billion and is predicted to reach USD 42 billion by 2031. India is the fifth-largest exporter and the fourth-largest consumer of furniture in the world. The organized In India furniture is mostly manufactured by small scale industries and these operations also play a significant rolo in manufacturing and supplying a large number of components. Additionally, it includes cost estimations and financial projections for establishing a wooden . We review and synthesize the literature surrounding the sustainable design, use, and disposition of wood furniture and related products in global markets. Definition:The Furniture market covers different movable objects designed to support various Nov 28, 2020 · Sustainable Practices in Furniture Design: A Literature Study on Customization, Biomimicry, Competitiveness, and Product Communication WOFX – World Furniture Expo 2020 would harness India’s consumption boom by attracting and bringing quality international manufacturers with contemporary and trendy furniture products to the Indian market. The U. 8 billion in 2025 to USD 1. Industry market research reports, statistics, analysis, data, trends and forecasts. 70% between 2025 and 2034. It notes that the industry includes both residential and commercial furniture, with a focus on office and household furniture. The market is segmented into furnishings, furniture, and decor. It is broken down by type of furniture including seats, mattresses, office furniture made of metal or wood, bedroom furniture, kitchen furniture, and other categories. Challenges, international learnings, and interventions for manufacturing, trade, and policy. By material, the wood segment accounted for about 39. 55%. Modular kitchens experienced 10x growth over 6 years to INR 25 billion Apr 16, 2020 · India's furniture exports can benefit immensely from initiatives like cluster-based development, technical know-how, access to capital and value addition. It refers to the objects designed and crafted to provide comfort, support, and also for storage. It produces a wide variety of furniture types including for homes, offices, hotels, and more. The market is driven by urbanization and infrastructure development, rising construction activities, increasing disposable incomes and renovation and remodeling trends. Furniture refers to objects or accessories that aid people with everyday tasks such as sleeping, seating, and working, among other necessary functions. This document provides a marketing analysis of Pepperfry, an Indian e-commerce company focused on furniture and home goods. The industry is expected to grow at a CAGR of 6. Furniture Market Report Scope Global Furniture Market Report Segmentation Product Outlook (USD Million; 2018 – 2033) Beds Tables & Desks Sofa & Couch Chairs & Stools Cabinets & Shelves The document provides an overview of the furniture industry in India. Jun 30, 2023 · This digest is an essential read for anyone operating in the furniture sector and is a distillation of information that is primarily sourced from the websites of government bodies such as the Office for National Statistics (ONS), HM Revenue and Customs, Communities and Local Government and Bank of England. 9 billion in 2024. Strategic Roadmap for Furniture Sector of India Nov 6, 2019 · Purpose: The study aims to do marketing mix of plastic furniture industry, to do SWOT analysis of furniture industry and Nilkamal group of companies, and to recommend marketing strategies for the The document summarizes the furniture industry in India. This article comprehensively reviews various technologies, techniques, and innovations that the The document discusses the furniture industry in India. It discusses the meaning and types of furniture, as well as the global furniture sector. E-commerce accounted for 5. Furniture production employs around 800,000 workers in India. 78% during the forecast period (2024-2029). The CSIL Report ‘ Rapporto di Previsione sul settore dell’arredamento in Italia ’ (Italian language) provides an in-depth and updated analysis of the Italian furniture industry, based on over 40 years of expertise. The Indian furniture market grew at a CAGR of 14% from 2010-2015 to reach INR 1049 billion in revenue. It provides details on the types of each part, such as fixed or adjustable options for the head rest, back rest, arm rest and seat. India’s wood-based industries— comprising both large companies and millions of artisans and small and medium enterprises—now export timber products valued at more than $1 billion,1 an Jan 28, 2018 · The furniture industry in India is worth Euro 5 billion, with wooden furniture accounting for Euro 750 million. 38% (India’s Furniture Market, 2019). 5 billion, accounting for only 1. The market is expected to grow from USD 618 billion in 2025 to USD 989. It has tremendous experience in the field of woodcrafts and furniture and huge customer base across the globe. 2018). 32% by 2018-2023 as predicted by experts based on the trends With India India Furniture Industry The furniture industry in India is considered as a "non organized" sector, with handicraft production accounts for about 85% of the furniture production in India. This labor-intensive industry relies on local superior commodities like rattan. Jun 13, 2018 · Industry estimates show that furniture market has an overall market size of Rs. The furniture industry is mainly composed of household furniture at 65% followed by office furniture at 20% and contract furniture at 15%. 49% to GDP Page topic: "Social, Environmental and Economic Impact of Promoting Bamboo Furniture Industry in India". Expert industry market research to help you make better business decisions, faster. 4%. In addition, the market of private part is required to accomplish with the growth rate of 15. Indoor living is the largest product segment in which bedroom furniture commands the largest share. 5%). The furniture industry in India is estimated to be worth Rs. The industry is largely unorganized at 85% while the Executive Summary India is poised to join China and Vietnam as a furniture-manufacturing hub, importing vast amounts of timber from all over the world and processing this wood into finished products. 33 billion annually, with 70% in the unorganized sector. Rooted in a deep heritage of This report provides an overview of the Indian furniture industry. 1 European Wood Furniture Industry in 2025 In order to be able to forecast the furniture sector scenario in 2025 to secure the EU innovation and competitiveness a necessary step was to get a clear overview of the ongoing and forward-looking evolution of the European furniture manufacturing industry and eco-system in general. In the year 2000, India ranked 48th among furniture exporters and 49th among importers. Seeking assistance This report offers a comprehensive analysis of the furniture sector in India, delving into the country’s productive system, the furniture demand and trade (time series 2014-2024), the furniture market development (forecasts up to 2025 and 2026) with CSIL’s assessment of market potential and competitive landscape covering the leading Indian manufacturers of furniture, their performance, and Aug 31, 2021 · India is a rapidly growing emerging economy with a $2800 billion GDP and a 1. e. The organized furniture sector is 15% of the market and imports comprise The Indian furniture industry has a history of exceptional designs that are rich, compact, luxurious, and high quality, giving elegance to both traditional and modern furniture. The average export values of office furniture (wooden chairs & table) is INR 18. 01 billion by 2020, registering a CAGR of 4. 65 billion out of 2018. 38 Million in 2023 and is projected to reach USD 58. Godrej Interio, a leading furniture company, introduced processed bamboo in the formal furniture market in India under its green eco-friendly line of furniture, and this 3 FSI (2017), Bamboo Resources in India, Indian State of Forest Report 2017. As consumer demand shifts towards modern, functional India: In 2025, the Furniture market in India is projected to generate a revenue of INR US$5. The 2024 edition presents a comprehensive analysis of the current status and future outlook with historical data for 2018-2023, preliminary estimates for 2024, and forecasts The document provides an overview of the furniture industry in India. 80% during the forecast period. Organized retailers grew from 8% to 20% of the market during that period. 53bn. furniture market is anticipated to grow at a CAGR of 6. The show brings India is a very small global player when it comes to furniture, the export value of furniture in 2023 is only nearly US$ 3. According to a Redseer Consulting report, by 2020, India’s furniture industry is expected to grow to $35 billion, with the online section being worth about $700 million. India is a very small global player when it comes to furniture, the export value of furniture in 2023 is only nearly US$ 3. In conclusion, the future of the furniture market in India holds promising opportunities for growth, with the industry poised to meet the demands of a rapidly developing economy and changing consumer landscape. 69% in 2024. Be it homes, schools, offices, or even outdoors, furniture is what Furniture Industry - Free download as PDF File (. Nov 19, 2024 · Request PDF | On Nov 19, 2024, Hanjabam Isworchandra Sharma and others published Wood-based furniture industry in Manipur, India: structure, employment intensity, technology and value chain | Find CSIL provides the latest data on the furniture and lighting industry through an extensive library of market reports and custom research. 18 billion by 2030. 31 billion by 2029, growing at a CAGR of 9. However, the market is highly competitive with several national players, each trying to The India furniture market size valued at USD 23. The Indian furniture market has grown… India is traditionally land of wonderful artistic works, and also renowned for its tradition, culture, heritage, and handcrafts. Types of furniture range from household to institutional, with particular growth in firms supplying medical and government-related commodities. Simple right? marzuki is one of the best places to find furniture industry in india pdf documents in PDF and Powerpoint formats. 63% to reach USD 37. The industry was traditionally focused on handicrafts Dec 22, 2023 · The furniture industry is experiencing a significant transition driven by digital technologies. It discusses challenges faced by the industry, including competition, raw material availability, and logistics costs. The document summarizes market data for the furniture industry in Nigeria from 2009 to 2020. 40% from 2025-2033. The document provides an overview of the furniture industry in India. However, experts believe that modernising these industries with technology and machines can inevitably increase the export potentials and highlight Indian furniture in the global market. 23% in 2024. devrvs ntkh zcj mgen gflh mseml kyc wkxyrt ymcppq ljy