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India Furniture Market Size is Projected To Exhibit
Growth Rate 6.40% CAGR During 2025-2033
Market Overview 2025-2033
The India furniture market size was valued at USD 23.8 Billion in 2024. Looking forward,
IMARC Group estimates the market to reach USD 44.2 Billion by 2033, exhibiting a CAGR
of 6.40% from 2025-2033. North India currently dominates the market, holding a market
share of over 33.2% in 2024.The market is driven by rapid urbanization, rising disposable
incomes, and a growing demand for modern, space-saving furniture in both residential and
commercial sectors.
Key Market Highlights:
✔️ Rapid market growth fueled by urbanization and shifting lifestyle preferences
✔️ Rising demand for premium, multifunctional furniture solutions
✔️ Growing adoption of sustainable and eco-friendly materials in furniture design
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market/requestsample
India Furniture Market Trends and Drivers:
The furniture industry in India is undergoing a transformative phase, driven by changing
consumer preferences and lifestyle choices. With rapid urbanization and a growing number
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of young professionals entering the workforce, there is an increasing demand for modern
and functional furniture. Consumers are placing greater emphasis on aesthetics, quality, and
sustainability in their purchasing decisions, as highlighted in the latest India furniture market
analysis. According to recent reports, by 2025, the trend towards eco-friendly materials and
designs is expected to gain significant momentum, reflecting a shift in consumer behavior as
more individuals become environmentally conscious. This change not only encourages
manufacturers to innovate and adopt sustainable practices but also shapes the furniture
market in India by prioritizing stylish yet functional pieces that cater to diverse tastes and
requirements.
In addition to evolving consumer preferences, the rise of e-commerce is significantly
impacting the furniture industry in India 2025. Online shopping has become the preferred
mode of purchasing furniture, particularly among millennials and Gen Z consumers who
value convenience and accessibility. The proliferation of online platforms has made it easier
for customers to compare prices, explore a wide range of designs, and read reviews before
making a purchase. By 2025, we can expect the online segment of the India furniture market
size to continue expanding, with more brands investing in digital marketing and user-friendly
websites. This shift not only enhances the shopping experience but also opens up new
channels for businesses to reach a wider audience, ultimately contributing to the overall
growth of the furniture industry.
Lastly, the influence of global design trends is playing a pivotal role in shaping the furniture
market in India. As consumers become more exposed to international styles through travel
and digital media, there is a growing demand for contemporary and eclectic designs. By
2025, we anticipate that Indian manufacturers will increasingly incorporate global aesthetics
into their offerings, blending traditional craftsmanship with modern sensibilities. This fusion
will not only cater to the tastes of urban consumers but also position Indian furniture on the
global stage, enhancing the India furniture market size. As a result, the furniture industry in
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India is set to thrive, driven by a combination of local craftsmanship and international
influences that appeal to a diverse consumer base.
India Furniture Market Future Outlook
The future outlook for the India furniture market is highly promising, with strong growth
anticipated across multiple segments. As consumer preferences continue to evolve, there
will be an increasing demand for innovative designs, sustainable materials, and smart
furniture solutions. The furniture market size in India is expected to see significant
expansion, driven by ongoing urbanization, population growth, and the growing influence of
e-commerce. Technology will play a pivotal role, with innovations like augmented reality and
virtual reality revolutionizing the online shopping experience, allowing consumers to visualize
how furniture will fit into their homes before purchasing. Additionally, as sustainability
becomes a core value for consumers, manufacturers are likely to prioritize eco-friendly
materials and production practices. Overall, the furniture industry in India is poised for a
bright future, characterized by dynamic changes, technological advancements, and new
opportunities for growth.
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India Furniture Industry Segmentation:
The report segments the market based on product type, distribution channel, and region:
Study Period:
Base Year: 2024
Historical Year: 2019-2024
Forecast Year: 2025-2033
Breakup by Material:
● Metal
● Wood
● Plastic
● Glass
● Others
Breakup by Distribution Channel:
● Supermarkets and Hypermarkets
● Specialty Stores
● Online Stores
● Others
Breakup by End Use:
● Residential
● Commercial
Breakup by Region:
● North India
● West and Central India
● South India
● East India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a
thorough competitive analysis encompassing market structure, key player positioning,
leading strategies for success, a competitive dashboard, and a company evaluation
quadrant.
● Cello World Private Limited
● Damro Furnitures Pvt. Ltd.
● Durian Industries Ltd.
● Godrej & Boyce Manufacturing Company Limited
●
IKEA India (Inter IKEA Holding B.V.)
● Nilkamal Limited
● Supreme Industries Ltd.
● Usha Shriram Enterprises Pvt. Ltd.
● Wakefit Innovations Pvt. Ltd
● Wipro Consumer Care and Lighting Group (Wipro Enterprises Private Limited)
● Zuari Furniture
Latest News and Developments:
● February 2025: VFI Group opened Beyond Sleep, India's biggest furniture and
mattress store. Located in the world-famous DLF City Center in Gurgaon, this 5000
square foot complex boasts some of the biggest international brands, the widest
range of products, and the finest services all under one roof.
● January 2025: Mumbai-based Mitsu Chem Plast Limited introduced Furnastra, a
brand exclusively focused on hospital furniture. The range includes ergonomic
solutions that combine patient comfort with user-friendliness, offering durable, high-
performance furniture designed to meet the most rigorous conditions in healthcare
environments.
● January 2025: Recliners India launched the Omega 3+2+1 Seats, designed with fire
retardant materials. The game-changing furniture redefines the home ambiance by
incorporating sustainability, protection, and luxury.
● November 2024: Pelican Group introduced Pelicanwork, a premium series of
ergonomic office furniture designed particularly for contemporary people who
appreciate effectiveness and style. These products showcase the commitment of the
Pelican Group to creating innovative products that raise the comfort standards and
enhance workstation appearance.
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● October 2024: Nilkamal inaugurated a new retail venture, Nilkamal Homes, which
deals in sophisticated home furniture and interiors. As 60 new stores opened across
35 cities, Nilkamal Homes offers a good range of luxury furniture and other items
designed to enhance and upgrade the look of Indian homes.
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About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious
changemakers create lasting impact. The firm offers comprehensive services for market
entry and market expansion. IMARC's services include thorough market assessments,
feasibility studies, company formation assistance, factory setup support, regulatory
approvals and license navigation, branding, marketing and sales strategies, competitive
landscape and benchmark analysis, pricing and cost studies, and sourcing studies.
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