Home Furnishing Industry In India

The India Furniture market is further segmented by sector into residential and commercial.

Home furnishing industry in india. Further India residential furniture. The categorys three broad segments furnishings furniture and décor have been growing. India is globally recognised and appreciated for its wide variety and exquisite designs in home textiles furnishing fabrics.

Use your existing light switches for the ultimate in smart control flexibility. India Home Furnishing Market Set To Cross US 5 Billion Revenues by 2018. Total retail market is worth Rs 102750 crore US 1713 bn growing at 12-13 per cent and is.

Home and home furnishing stores accounted for 87 sales of indoor furniture in India in 2016. Growth in retail industry rising disposable income changing consumer dynamics and booming textile industry are augmenting the sale of home furnishings in India. The industry is dominated by unorganized sector which constitutes 90 of the total Indian market.

Ad Control your lights with this 2 pack of WiFi-operated Shelly 1 relays. The organized furniture market is at 10 and growing at about 35 CAGR. Production imports by origin exports by destination.

The global home Decor Market is projected to reach 8386309 million by 2027 registering a CAGR of 39 from 2020 to 2027. Prior to the announcement of the pandemic the furniture industrys growth had traditionally been thought of as unstoppable as sales could come from a variety of sectors namely - from traditional channels or through the private and public sector and commercial office spaces among others. Ad Download Furniture Industry Reports on 180 countries with Report Linker.

The home furniture is the largest segment in the Indian furniture market accounting for a major share of furniture sales. India is globally recognised for its variety and designs in home textiles and. The floor coverings segment was the highest contributor to the market with 2748692 million in 2019 and is estimated to reach 3748321 million by 2027 at a CAGR of 40 during the forecast period.