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India Furniture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
SHERIDAN, WY, UNITED STATES, July 25, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled, “India Furniture Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027, The India furniture market is expected to exhibit a CAGR of XX% during 2022-2027
Furniture represents movable and ergonomic objects, including chairs, tables, cupboards, sofas, beds, desks, cabinets, etc. These products are installed in commercial and residential places for seating arrangements, storage purposes, and to improve the aesthetic value of the space. Furniture items are manufactured using durable raw materials, such as wood, glass, iron, plastics, marble, etc., and are available in various colors, sizes, styles, and designs. They provide enhanced aesthetics, comfort, functionality, and storage capacities for offices, homes, and indoor and outdoor areas. Consequently, furniture objects find widespread applications in several residential and commercial establishments across India.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Utility and Energy Analytics Market Trends:
The expanding population and the rising construction of commercial and residential buildings are primarily driving the India furniture market. Besides this, the growing travel and tourism sector and the elevating demand for lightweight, versatile, and portable furniture with maximum storage facilities in hotels and resorts are further augmenting the market growth. Additionally, the inflating need for ergonomically designed furniture to prevent posture and health problems among adults and children is acting as another significant growth-inducing factor. Moreover, the increasing product availability through online shopping platforms and the launch of sustainable products designed using recycled materials, including salvaged wood, textiles, wood pallets, etc., are also positively influencing the market growth. Apart from this, the escalating number of collaborations between leading manufacturers with interior designers for innovating new products and designs to improve their customer base is anticipated to propel the India furniture market over the forecasted period.
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India Furniture Market 2022-2027 Analysis and Segmentation:
The report has segmented the market on the basis on material, distribution channel and end use.
Metal Wood Plastic Glass Others
Supermarkets and Hypermarkets Specialty Stores Online Stores Others
North India West and Central India South India East India
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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
Market Performance (2016-2021) Market Outlook (2022- 2027) Porter’s Five Forces Analysis Market Drivers and Success Factors SWOT Analysis Value Chain Comprehensive Mapping of the Competitive Landscape If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Elena Anderson IMARC Services Private Limited +1 631-791-1145 email us here
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