Home Furnishing Market India
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Home furnishing market india. Production imports by origin exports by destination. Further India residential furniture. Rising domestic production of home furnishing products.
Over the last five years India has emerged as one of the fastest growing markets for home furnishing products in APAC. According to a TechSci Research report India Home Furnishing Market By Product Type By Region and Competition Forecast and Opportunities 2010 2020 home furnishing market in India is projected to cross INR40000 crore by 2020 on account of rising demand for contemporary designs increasing number of households growing demand for branded and custom designed furniture and increasing availability of innovative and affordable home furnishing. The purchase of most home furnishings can be postposed if necessary and this was what happened in 2020 due to COVID-19.
Rising demand for home decor products such as bed linen products wall hangings rugs carpets etc along with growing demand for handcrafted products is boosting the countrys home furnishing market. Rising levels of urbanization have resulted in an increasing number of new households being setup. This is followed by the office furniture segment the contract segment and other segments.
The Trendy House Indias best Home Furnishing MarketHome Decor in Jaipur Rajasthan. Home furniture in India is available in a wide range to cater to different customer needs. The Home Furnishings in India market research report includes.
In 2016 the home furnishing. Analysis of key supply-side and demand trends. The India Furniture market is further segmented by sector into residential and commercial.
There were a number of factors which have led to a growth in home furnishing demand in the Indian. The global home decor market size was valued at USD 6631 billion in 2018. Home decor can be categorized as household furniture home furnishings and other decorative items such as lamps artifacts clay pots and candles.
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