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Furniture Market in India: Boom Time Ahead
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Furniture Market in India: Boom Time Ahead

  • Categories:News Release
  • Author:Taruna Sondarva
  • Origin:www.ikonmarket.com
  • Time of issue:2021-01-22 21:13
  • Views:0

(Summary description)India is a land of wonderful and marvelous artistic work of wood.

Furniture Market in India: Boom Time Ahead

(Summary description)India is a land of wonderful and marvelous artistic work of wood.

  • Categories:News Release
  • Author:Taruna Sondarva
  • Origin:www.ikonmarket.com
  • Time of issue:2021-01-22 21:13
  • Views:0
Information

 

India is a land of wonderful and marvelous artistic work of wood. The rich handicraft and beautiful traditional attributes of art and design have established a reputation of Indian Furniture Industry in the nation and worldwide. The exceptional designs, rich, compact, and luxurious trends and, not the least, the supreme quality have given elegance to the furniture segment in the traditional as well as modern aspect.

 

However, the Indian Furniture industry has changed with the passage of time. It is no longer restricted to a production of a chair or a table or a bed, but today it includes manufacturing of a range of furniture - home furnishings, designed interiors which spell class and elegance. It comprises not only the production of a wide range of products related to office, living room, bedroom, kitchen, garden, school furniture, but also mattresses, furnishings, upholstery, parts of furniture, etc. A wide variety of raw materials are used in production of furniture like wood, rattan, steel, plastic and metal and more recently silver. The furniture market in India is regionally concentrated according to the raw material used in manufacturing the furniture.

 

Considering the market potential, several international brands are looking to enter the Indian furniture market. These are Arredo Classic, Art Design Group, B.T.C. International, Bizzarri, Cantori, Desirée, Girasole, Gold Line, Presotto and Refl ex. Germany, Italy, Korea and Japan have been the major suppliers of furniture, dominating the Indian furniture market for many years. Recently the trend seems to change with China having increased its market share significantly in recent years. Suppliers from Thailand, Korea and the UAE have also made a strong presence in India in recent years. Top domestic companies and international brands with a presence here include Godrej, BP Ergo, Featherlite, Hanworth, Style Spa, Zuari, Durian and Millenium Lifestyles. The entry of international brands and changing consumer preference has led to the emergence of furniture retailing in India.

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