Login

News Post

Indian Furniture Market's Multifold Growth Journey

StartupTalkyStartupTalky · 6m
Indian Furniture Market's Multifold Growth Journey

The Indian furniture market is expected to undergo significant growth in 2024, driven by changing consumer preferences, advancements in technology, and increasing demand for innovative designs. Global manufacturers are planning strategic expansions into the Indian market, capitalizing on the rising middle class and strong economy. The online furniture market in India is also projected to expand rapidly, with estimates suggesting a tripling of shoppers by 2026. India's share in global furniture exports is relatively small but has potential for growth, especially in the US, German, and UK markets. Key rivals in the international furniture industry include China, Germany, and Vietnam. Overall, the Indian furniture sector is poised for a transformative year, marked by collaboration, sustainability, and innovation.

3
1
View Source

Comments

Aman Singh
Aman SinghI'm On!....

All thanks to IKEA effect. 😁

Reply
0
6 months ago

More Like this

Space-saving furniture brand Wallter Systems raises funding from IPV

Space-saving furniture brand Wallter Systems raises funding from IPV

Warburg Pincus picks up majority stake in furniture company Ebco

Warburg Pincus picks up majority stake in furniture company Ebco

Sensex, Nifty retreat from record peaks to close flat; banking, FMCG stocks weigh on indices

Sensex, Nifty retreat from record peaks to close flat; banking, FMCG stocks weigh on indices

Sensex, Nifty end at record high for third session, aided by IT, private banks

Sensex, Nifty end at record high for third session, aided by IT, private banks

Kotak raises a red flag - market in 'riskless' mode

Kotak raises a red flag - market in 'riskless' mode

Yatra eyes over $400 mn market cap in India IPO; Chiratae to exit

Yatra eyes over $400 mn market cap in India IPO; Chiratae to exit

Daimler India drives into black for the first time in a calendar year

Daimler India drives into black for the first time in a calendar year

Rentomojo Raises INR 210 Cr From Edelweiss Discovery Fund

Rentomojo Raises INR 210 Cr From Edelweiss Discovery Fund

Pepperfry puts IPO plans on hold, to focus on growth revival

Pepperfry puts IPO plans on hold, to focus on growth revival

PE-backed furniture brand WoodenStreet bets on offline play for growth

PE-backed furniture brand WoodenStreet bets on offline play for growth

Download the medial app to read full posts, comements and news.