Furniture Industry In India Pdf

Carrefour sa association of furniture manufacturers of india singapore furniture industries council india international furniture fair national institute of design.

Furniture industry in india pdf.

Furniture industry in india 1. In the year 2006 the indian furniture industry was estimated at around rs 35 000 crores. Moreover the market is expected to garner. India ranked 48th among furniture exporters and 49th among importers.

India furniture market growth is driven by various attributes such as rising trend. About 11 per cent us 152 million of this wooden furniture is imported and imports are growing at 50 to 60 per cent every year. The indian home furniture market is expected to register a higher cagr during the forecast period. Indian furniture industry 2.

The india furniture market is anticipated to reach usd 32 61 billion by 2018 by registering a cagr of 13 38 during the forecast period i e. The big players include godrej zuari durian nilkamal featherlite and others have their good market presence in furniture industry in india. The furniture industry in india employs an estimated 3 00 000 workers. India furniture market stood at 21 billion in 2018 and is projected to grow to over 31 billion by 2024 exhibiting a cagr of around 7 during 2019 2024 on account of growing real estate and hospitality industries.

Indian furniture industry is a highly unorganized sector. Furniture refers to the movable objects that support various human activities such as seating eating and sleeping. Of this wooden furniture accounts for us 1 358 million. The market is expected to expand at a cagr of 12 91 during the forecast period of 2016 2023.

Indian furniture industry as of 2006 the indian furniture market is estimated to be worth us 7 922 million. The rich handicraft and beautiful traditional attributes of art and design have established a reputation of indian furniture industry in the nation and worldwide. Scenario of furniture industry in india the range of indigenous furniture available in india includes both residential and contract system furniture with an increased concentration in office and household furniture. The most popular forms of indian furniture include home garden furniture office furniture kitchen furniture bedroom.

Market size and forecast. The associated chambers of commerce and industry of india ingvar kamprad elmtaryd and agunnaryd incandescent lamp bureau of energy efficiency wal mart stores inc. India is a land of wonderful and marvelous artistic work of wood.