JSB Market Research - India Furniture Market Forecast and Opportunities, 2019

Topics: Furniture, Table, Marketing Pages: 9 (1621 words) Published: July 17, 2014
India Furniture Market Forecast and Opportunities, 2019
On 15th July 2014

Summary With an unorganized and fragmented furniture market, India offers immense opportunities to domestic and international players. The demand for furniture is growing in the country on account of increasing purchasing power of the consumers, changing lifestyle, increasing urbanization and widespread availability in tier II and III cities. The domestic furniture market in India is highly unorganized with regional players offering a stiff competition to leading furniture companies, which form the organized sector in the Indian furniture market. In order to increase the product availability, organized furniture manufacturers are also entering into tie-ups with Ecommerce retailers. Moreover, the furniture retail chains are also focusing on increasing their presence in tier II & III cities. Major furniture manufacturers in India include Godrej Interio, Nilkamal, Durian and Wipro.

According to India Furniture Market Forecast & Opportunities, 2019, the countrys furniture market is projected to grow at a CAGR of around 26%during 2014-19. Home furniture segment is the leading contributor, followed by office and institutional segment. Western region is expected to be the highest revenue contributor in India furniture market, followed by southern region due to the presence of large number of industrial hubs and upcoming infrastructure developments in these regions. Over the next five years, the Indian furniture market is expected to witness increasing consolidation due to growing entry of international companies as a result of the governments 100% FDI approval into the countrys furniture industry. Consequently, the value share of small and mid-sized furniture players forming the Email ID- contact@jsbmarketresearch.com

Tel No- 91 2241236650
Published by- http:/www.jsbmarketresearch.com/

unorganized sector is expected to decrease over the coming years. India Furniture Market Forecast & Opportunities, 2019 elaborates the following aspects related to furniture market in India: India Furniture Market Size, Share & Forecast

Segmental Analysis Home Furniture, Office Furniture and Institutional furniture Policy & Regulatory Landscape
Changing Market Trends & Emerging Opportunities
Competitive Landscape &Strategic Recommendations

Why You Should Buy This Report?
To gain an in-depth understanding of furniture market in India To identify the on-going trends and anticipated growth in the coming years To help industry consultants, distributors and dealers align their market-centric strategies To obtain research based business decision and add weight to presentations and marketing material To gain competitive knowledge of leading players

To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyers specific needs

Report Methodology
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with furniture manufacturers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Table of Content:
1. Research Methodology
2. Analyst View
3. Global Furniture Market Overview
4. India Furniture Market Outlook
Email ID- contact@jsbmarketresearch.com
Tel No- 91 2241236650
Published by- http:/www.jsbmarketresearch.com/

4.1. Market Size & Forecast
4.1.1. By Value
4.2. Market Share & Forecast
4.2.1. By Raw Material Type
4.2.2. By Sector
4.2.3. By End User Industry
4.2.4. By Company
5. India Home Furniture Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Raw Material Type
5.2. Furniture Price Points
5.3. Market Competition Outlook
6. India Office Furniture Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Raw...
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