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The Indian Furnishing Market Embraces the Global Flair

The Indian Furnishing Market Embraces the Global Flair

One of the fastest-expanding industries in India is the furniture industry. With a double-digit CAGR of 13.37% from 2020 to 2026, the Indian furniture market is expected to grow from USD 17.77 billion in 2020 to USD 27 billion by 2022 and USD 37.72 billion by the end of 2026. Known as the 'sunshine sector', the market for furniture in India is rapidly increasing. 

The atmosphere for international and domestic trade, along with government initiatives to increase domestic furniture manufacturing capacity, would open a window for Indian exporters to realize their potential. Exporters are keen to expand their production capacities by establishing manufacturing bases in targeted areas. When you see top brands opening stores in India, the efforts being made to support this furniture boom are plainly visible. Global companies are leveling the playing field, as evidenced by BoConcept and Pottery Barn's recent launch in India. 

There is no better market than India for furnishings, carpets, home textiles, curtains, and lights. Thanks to urbanization and rising disposable incomes, Indian customers have acquired a taste for international interior design trends. COVID-19 is a factor in this shift in preferences too.  COVID-19 called for a complete reinvention of space.  The demand for sturdy, modern, and contemporary furniture style emerged in India as businesses, hospitality establishments, and residences adopted more accommodating approaches to space and simplicity. A market for international furniture consequently emerged. 

If there was ever a good time to invest in India's furniture industry, it is right now. Given the increase in demand, there is a huge opportunity to introduce international brands to the Indian market. Existing business owners can expand their domestic product offerings to international ones.  And if you're wondering where a national business owner may find an international business opportunity, you might want to check out the International Indian Furniture Fair (IIFF). 
A vast space of 10,000 square feet filled with the most luxurious furniture available, brought to you by international brands and sourced from all over the world. If you want to get the first peek at global furnishing trends, you should definitely be at the International Indian Furniture Fair. 

What to expect from IIFF 

The most prestigious furniture and interiors show in India; India International Furniture Fair (lIFF). It brings together the best furniture, carpet, home textile, curtain, and lighting manufacturers and suppliers with domestic and international hospitality, residential, commercial, and retail consumers. 
For pre-approved purchasers, it provides a wide range of options of the newest, most opulent furnishings. 
In the past three years, IIFF has developed into a strong platform. It has expanded nationally to accommodate both Indian and foreign furniture fraternities. It presents an exhilarating opportunity for domestic players to acquire visibility internationally, particularly for the expanding Indian furniture business. 

IIFF is a perfect platform to look for prospective commercial partnerships and collaborations.  With an anticipated 5000+ genuine pre-approved consumers and 100+ hosted buyers.You get the opportunity to explore more than 150 brands that adhere to international standards all under one roof at IIFF. Discover recently released products and developments in the furniture business, and learn about market leaders' and subject-matter experts' predictions for the future of the sector. 

Want to attend the best furniture fair in town? Book your spot! 

If you’d like to exhibit at the IIFF enquire now. 

About Trescon

Trescon is a global business events and consulting firm that provides a wide range of business services to a diversified client base. 
With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients.

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