PROSPECTS AND OPPORTUNITIES
Home furnishings is poised for significant development and growth over the forecast period
Home furnishings in India is poised for significant retail value (constant 2024 prices) growth during the forecast period. Urbanisation and rising disposable incomes are increasing the demand for modern and stylish home furnishings as more people move to urban areas and seek to furnish their homes.
Home furnishings’ growth is set to be fuelled by a rising middle class, infrastructure investments, government support and retail modernisation
The performance of home furnishings in India is set to be shaped by the growing emphasis on sustainability and technological integration. As consumers become increasingly environmentally-conscious, there is a rising demand for eco-friendly products made from sustainable materials, such as recycled wood, organic cotton and biodegradable components.
Diverse consumer preferences and lifestyles to drive the demand for furniture
The demand for furniture in India is evolving with distinct priorities among different consumer demographics. Younger consumers are driving a demand for multifunctional and sustainable furniture, while older generations prefer traditional and durable pieces.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Home Furnishings industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Furnishings industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Home Furnishings in India report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Home Furnishings in India?
- Which are the leading brands in Home Furnishings in India?
- How are products distributed in Home Furnishings in India?
- How is the rise of e-commerce changing the retail and competitive landscape?
- Have home seclusion and social distancing measures following COVID-19 benefited sales of Home Furnishings?
- Has the economic fall-out of COVID-19 negatively or positively impacted consumer interest and demand for Home Furnishings?
- Where is future growth expected to be most dynamic?
Home Furnishings in India - Category analysis
KEY DATA FINDINGS
Indoor living dominates with beds the most dynamic performer as home furnishings thrives in India
Godrej & Boyce heads home furnishings while Sheela Foam benefits from strong strategic campaigns
Product variety, personalised services and strategic expansion characterise homewares and home furnishing stores
Home furnishings is poised for significant development and growth over the forecast period
Home furnishings’ growth is set to be fuelled by a rising middle class, infrastructure investments, government support and retail modernisation
Diverse consumer preferences and lifestyles to drive the demand for furniture
Home and Garden in India - Industry Overview
Home and garden in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for home and garden?
DISCLAIMER
The following categories and subcategories are included:
Home Furnishings
-
-
- Bath Textiles
- Bed Textiles
- Kitchen and Dining Textiles
- Living Room Textiles
- Rugs
-
-
- Beds
- Chests of Drawers
- Mattresses
- Wardrobes
- Dining Furniture
- Home Office Furniture
- Kitchen Furniture
- Living Room Furniture
-
- Sofa Beds
- Other Sofas
- Other Sitting Furniture
- Storage Furniture
- Other Indoor Furniture
-
-
- Blinds
- Curtains
-
-
-
- Charcoal Barbecues
- Electric Barbecues
- Gas Barbecues
- Outdoor Furniture
-
-
- Lighting Fixtures
-
- Incandescent Lamps
- Halogen Lamps
- Linear Fluorescent Lamps (LFL)
- Compact Fluorescent Lamps (CFL)
- Light-Emitting Diode Lamps (LED)
Home Furnishings
The furniture and other moveable articles in a home that are necessary or useful for comfort and convenience. Items must be new when sold to the consumer; second-hand/used home furnishings are excluded. Antiques are also excluded. Home furnishings refers to indoor living (home textiles, indoor furniture and window coverings), outdoor living (BBQ's, garden sheds and outdoor furniture) and lighting (lighting sources and light fixtures).
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Home Furnishings research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!