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India Sourcing Report: Indoor & Outdoor Furniture Product Image

India Sourcing Report: Indoor & Outdoor Furniture

  • Published: June 2012
  • Region: India
  • 28 Pages
  • Global Sources

In this report
- 16 in-depth company profiles
- 12 short company profiles
- 158 top-selling export products
- Supplier demographics
- Supplier survey
- Industry statistics and charts

Revitalized demand for wooden pieces is propelling the indoor and outdoor furniture industry in India. After suffering from sluggish exports over the past half-decade as a result of the global economic crisis, the sector exhibited strong recovery last fiscal year.

Besides wooden models, metal furniture is driving up foreign sales. Although a relatively smaller segment than the wooden line, it has recorded surging growth in recent years because of its popularity among customers in traditional markets.

The EU and the US are primarily driving demand. The former alone accounts for nearly one-half of total outbound shipments. Emerging destinations are also fueling development, with Australia and the UAE being the leading importers in the Asia-Pacific region and the Middle East, respectively.

This report focuses on the main types of indoor and outdoor furniture from India – living room furniture, bedroom furniture, kitchen & dining furniture, and garden READ MORE >

EXECUTIVE SUMMARY
Key findings
Objective, methodology & scope

INDUSTRY OVERVIEW
Supplier summary
Exports
Products & prices
Production & export statistics
Price guides
Supplier survey
Export prices
Export sales
Export markets
Major challenges
R&D focus

SUPPLIER PROFILES
Supplier matrix: Comparison of supplier location, sales revenue & export capability
Profiles of 28 verified suppliers

PRODUCT GALLERY
Living room furniture
Bedroom furniture
Dining & kitchen furniture
Garden & outdoor furniture

CONTACT DETAILS

Revitalized demand for wooden pieces is propelling the indoor and outdoor furniture industry in India. After suffering from sluggish exports over the past half-decade as a result of the global economic crisis, the sector exhibited strong recovery last fiscal year.

Besides wooden models, metal furniture is driving up foreign sales. Although a relatively smaller segment than the wooden line, it has recorded surging growth in recent years because of its popularity among customers in traditional markets.

The EU and the US are primarily driving demand. The former alone accounts for nearly one-half of total outbound shipments. Emerging destinations are also fueling development, with Australia and the UAE being the leading importers in the Asia-Pacific region and the Middle East, respectively.

Key Findings
1. Prices of indoor and outdoor furniture are generally expected to increase over the next six months as a result of the rising cost of raw materials and electricity. Adjustments will be minimal, however, as the majority of manufacturers expect quotes to rise by no more than 5 percent.

2. The unstable availability of electricity in India is a major hurdle facing companies. With rolling blackouts affecting consumers for up to eight hours everyday, the viability of suppliers is diminished as most have to allocate funding for generators, fuel and overtime pay.

3. Exports over the next 12 months are expected to stay level despite higher product quotes and manufacturing costs. Steady recovery of the US economy and growing demand from alternative markets is predicted to sustain the industry’s development.
4. The sector’s best-selling products include space-saving models constructed in modular designs. Pieces usually come in wood such as teak and sheesham, which is a variant of rosewood endemic to South Asia. Metal furniture is typically made of domestically sourced aluminum and iron.

5. The state of Rajasthan is the primary sourcing center for wooden items. Products normally feature intricately handcarved motifs. Neighboring Uttar Pradesh is the main manufacturing hub for metal models. Plastic, bamboo and rattan types are also available and can be obtained from a number of locations throughout the country.

This India Sourcing Report is part of a series designed to provide buyers with information on new products from export manufacturers in supply markets that specialize in handmade merchandise.

The Developing Country Sourcing Report series is part of Global Sources’ corporate social responsibility initiatives. It is offered in conjunction with The Kearny Alliance, whose mission is Aid through Trade. The objective is to help create jobs in developing Asia through export promotion.

To produce this report, large, midsize and emerging manufacturers, all with substantial export experience, were surveyed. The selection of suppliers is designed to reflect the composition of the industry in India in terms of geographic location, materials used and range of products offered.

For in-depth profiles, our researchers visited the facilities of each company and interviewed senior executives who discussed their recent performance and provided forecasts for the next 12 months.
All other makers in this report were either visited or contacted by phone.

In each case, companies were required to answer specific questions designed to verify their manufacturing and export credentials, including a breakdown of exports by product type and market. Suppliers also participated in a survey designed to provide insight into the industry.

This report covers the main types of indoor and outdoor furniture available in India, including living room, bedroom, dining and kitchen, and garden and outdoor models. Each product category has its own price guide that describes the features of low-end, midrange and high-end high-end models.

The Industry Overview section discusses key issues affecting export manufacturers. It provides insight on the composition of the industry and elaborates on the important supply centers within India.

The Products & Prices section details the features and price ranges of indoor and outdoor furniture. It also examines the design and manufacturing processes, main materials used, and sourcing centers where components are procured.

Note: Product cover images may vary from those shown

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