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Ketan Sojitra SMEDOST
•
Gujarathi Empire Group • 4m
India’s home furnishing sector is witnessing remarkable growth, driven by urbanization and the increasing demand for modern yet functional hashtag#furniture. With its deep-rooted culture of craftsmanship and innovation, India ranks as the fourth-largest furniture consumer and fifth-largest exporter globally. In 2024, the market for home furniture in India was valued at $15.93 billion, and it's projected to grow to $24.29 billion by 2029 with a CAGR of 8.80%. This surge presents significant opportunities for investors and entrepreneurs to collaborate with leading brands through hashtag#franchising and explore this growing industry. Here’s a closer look at the top five home furnishing brands in India making an impact: 1️⃣ Godrej Interio – With over 250 stores in more than 450 cities, this trusted brand is expanding further with plans to add 104 new outlets by FY25, providing a structured pathway for franchise growth. 2️⃣ Royaloak Furniture – Operating 200+ stores across 116 cities, this Bengaluru-based brand has built a strong retail and omnichannel presence, making it a promising option for franchise partnerships. 3️⃣ Pepperfry – Known for its wide range of products, Pepperfry has over 150 stores and a significant online presence, offering a comprehensive model for franchise success. 4️⃣ The Sleep Company – With 120+ stores and innovative products like SmartGRID mattresses, this brand has quickly gained traction and plans to expand to 150 stores by FY25, offering exciting opportunities for collaboration. 5️⃣ Wooden Street – Starting with a single store in 2015, Wooden Street now operates 102 stores and plans to expand to 300 stores in the next three years, showcasing its consistent growth and potential. Which of these brands do you admire the most? Let us know in the comments!
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