Furniture industry In India growing at 20% per annum

reogma|Furniture industry In India growing at 20% per annum

The Indian Furniture Industry is poised to grow rapidly as Demand exceeds Supply. The Annual per capita consumption of furniture in India is not more than 2000 Rupees, which is considered to be low when compared to international standards, hence showing strong potential for growth.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Distribution Chain Analysis
  • Competitive Landscape
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

  • Furniture is a movable object that supports various human activities such as seating (example includes chairs, stools and sofas), eating (example includes tables) and sleeping (example includes beds).
  • Furniture is a product of design and can serve as a form of decorative art. It can also serve as a symbol of stature or religious practice.
  • Furniture can be made from several materials including metal, plastic and wood. It can represent the local culture with the variety of woodworking joints it is built with.
  • The furniture market can be categorised into four categories including domestic furniture, office/corporate furniture, hotel furniture and furniture parts. Globally domestic furniture accounts for 65% of the production value, office/corporate furniture accounting for 15%, whilst hotel furniture accounting for 15% and the remaining 5% comprised by the furniture parts.
  • According to a world bank study the organized furniture market is expected to grow at a compounded annual growth rate of 20%. A major part of this growth is expected to be contributed by the rapidly growing consumer markets of Asia, implying significant growth potential in the Indian furniture sector.

reogma|Furniture industry In India growing at 20% per annum


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The Indian Furniture Industry is poised to grow rapidly as Demand exceeds Supply. The Annual per capita consumption of furniture in India is not more than 2000 Rupees, which is considered to be low when compared to international standards, hence showing strong potential for growth. Definition / Scope Market Overview […]
reogma|Furniture industry In India growing at 20% per annumreogma|Furniture industry In India growing at 20% per annum

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