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Furniture Market in India
IKON Marketing Consultants, Feb 2010, Pages: 46
This report provides a detailed overview of the Furniture market in India with relevant facts and figures regarding the structure and size, consumption, growth rates, key players, main challenges, restraints, international trade as well as an indication of future outlook of the industry.
Profiles of key manufacturers and traders in the furniture sector are included. Among the information provided (if available):
- company headquarter (address and telephone, e-mail address and website) - business type - company description - product profiles
Products Coverage:
- office furniture - home furniture (household furniture) - kitchen furniture - bedroom furniture - beds - dining room furniture - living room furniture - institutional furniture - parts of furniture - wood furniture - metal furniture - plastic molded furniture
Market Highlights:
The Indian furniture industry is estimated at around Rs 350 billion and is highly fragmented. Around Eighty-five per cent of national production comes from regionally small size firms falls into the unorganized sector and remaining comes from the organized sector comprising of leading manufacturer, importers and dealer/distributors. According to a study by the World Bank, the organized furniture industry is expected to grow by 20 per cent a year and India, Brazil and Russia will witness a boom.
In this industry the products are classified based on material used. Wood is the predominant material used with 65% share. The wooden furniture manufacturing is concentrated in States where forests are more readily attainable. India, due to the shortage of timber resources, is often forced to import wood from the neighboring countries. Other raw materials widely used are rattan, bamboo, steel and silver. They are usually preferred by consumers for their specific features and quality.
Who Should Buy This Report:
- Indian and foreign Furniture manufacturers - Furniture importers & exporters & traders - Industry Analysts & Consultants - Corporate and Entrepreneurs - Industry association, Education and Government Institutes
Product samples
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