With production value of USD48.5 billion, India accounts for 14.3% of the Asia Pacific total in 2024. The industry’s exports share decreases in 2024 to 3.0% of total production output. The industry’s profitability decreases and stands at 14.5% of production value in 2024, the third highest regionally. The costs of the industry increase by 21.1% in 2024, largely driven by rising B2B costs. The total number of companies increases in 2024, to 3,099,380 units. The industry is fragmented, with the top five companies generating 5.9% of total production value in 2024. Lear Corp is the largest company in India, generating 2.9% of the industry’s total production value in 2024. India has the second largest market size for furniture regionally, with demand reaching USD62.0 billion in 2024. B2B drives market demand, with B2B spending representing 58.5% of total demand in 2024. The market is dominated by domestic suppliers, as imports account for 0.2% of total market size in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Furniture in India: ISIC 361. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Furniture in India: ISIC 361 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Household Goods in India report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Household Goods?
- How the Household Goods will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Furniture in India: ISIC 361
HEADLINES
MARKET OVERVIEW
Household Goods
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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- Understand future opportunities and threats within the industry
- Track demand and supply structure
- Understand competitive landscape of the industry
- Inform market, strategy development and supply functions
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