Tuesday, 02 January 2024 12:17 GMT

India Furniture Market Size, Share, Growth, Forecast, Outlook And Industry Report 2025-2033


(MENAFN- IMARC Group) India Furniture Market 2025-2033

According to IMARC Group's report titled“ India Furniture Market Size, Share, Trends and Forecast by Material, Distribution Channel, End Use, and Region, 2025-2033 “, The report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

How Big is the India Furniture Industry ?

The furniture market size in India was valued at USD 23.8 Billion in 2024 and is expected to reach USD 44.2 Billion by 2033, exhibiting a CAGR of 6.40% from 2025-2033.

India Furniture Market Trends:

The furniture market of India is witnessing quite dynamic shifts, with consumer preferences and technological changes pushing the tide. One trend is to have furniture of a modular and multifunctional type, especially in urban centers where optimizing space is a huge factor. E-commerce portals are also creating a new definition of the market with options galore and convenience galore to the consumer for identification and purchase. There is growing interest in using sustainable and eco-friendly materials, and this trend in turn is forcing manufacturers to look into innovations involving recycled and renewable materials.

Smart technology applications in furniture, for instance, IoT-enabled home automation, are gaining popularity among tech-savvy consumers. In other words, the demand for high-end, customized furniture reflects home renovation and interior decoration activities, which, in turn, indicate the trend toward personalization of living space. There is also a new opportunity for shared space furniture, created by the rise of co-living and co-working spaces. Plus, global design trends inspire Indian manufacturers to combine traditional craft and contemporary style. These trends collectively highlight a market that is evolving to meet the demands of modern lifestyles, sustainability, and technological integration.

Request for a sample copy of this report: https://www.imarcgroup.com/india-furniture-market/requestsample

India Furniture Market Scope and Growth Analysis:

Furniture market in India is slated for massive expansion with rapid urbanization and rising disposable incomes. Further, untapped territories in tier-II and tier-III cities mark a lucrative opportunity as consumers from these areas are upgrading their investments in houses. The rise in hospitality and real estate drives commercial furniture demand, especially for hotels, offices, and retail outlets. Lastly, with rising awareness toward affordable yet aesthetic furniture, the aim has been made to further increase the market penetration into different consumer segments.

Apart from this, the increasing penetrance of online sales channels is encouraging market expansion, contributing to manufacturers thus helping reach a larger consumer base. The market is also compounded by the DIY furniture trend favored by highly price-conscious and creative consumers. With the strengthening of India as a global manufacturing hub, investments and innovations have been getting inspired by the furniture industry. Overall, urbanization, economic growth, and changing consumer preferences together envision continued growth and diversification of the furniture market in India.

Competitor Landscape:

  • Cello World Private Limited
  • Damro Furnitures Pvt. Ltd.
  • Durian Industries Ltd.
  • Godrej & Boyce Manufacturing Company Limited
  • IKEA India (Inter IKEA Holding B.V.)
  • Nilkamal Limited
  • Supreme Industries Ltd.
  • Usha Shriram Enterprises Pvt. Ltd.
  • Wakefit Innovations Pvt. Ltd
  • Wipro Consumer Care and Lighting Group (Wipro Enterprises Private Limited)
  • Zuari Furniture

India Furniture Industry Segmentation:

The report has segmented the market into the following categories:

Analysis by Material:

  • Metal
  • Wood
  • Plastic
  • Glass
  • Others

Analysis by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Stores
  • Others

Analysis by End Use:

  • Residential
  • Commercial

Regional Analysis:

  • North India
  • West and Central India
  • South India
  • East India

Other key areas covered in the report:

  • COVID-19 Impact on the Market
  • Porter's Five Forces Analysis
  • Strategic Recommendations
  • Market Dynamics
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape
  • Top Winning Strategies
  • Recent Industry News
  • Key Technological Trends & Development

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales[@]imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302

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