The Indian domestic furniture companies are expected to grow at a CAGR of 12.91% during the period of 2020-2024, while the global furniture market is estimated at $1.1 trillion.
Over the past few months, the pandemic and therefore the resultant lockdown has created disruptive trends that have altered the private and professional lives, across sectors.
From home offices, home schools, and therefore the need for individual space to accommodate peaceful extended indoor time during a family home has given an increase to the necessity for multi-functional, convenient, and customized furniture which will make ‘living’ comfortable and functional.
This, including the slowing down of international trade and therefore the thrust in ‘local for vocal’ and ‘Make in India’, also as an increase in e-commerce for furniture, have all further given a lift to the Indian furniture manufacturing sector.
Godrej Interio is the favorite company in India. Godrej manufactures all types of furniture like Cabin furniture, executive series, office desks, Beds and Cupboards, Sofas, Dining sets, dining tables, and dining chairs, coffee tables, wall units, etc.
As per a recent report, the Indian domestic furniture market is predicted to grow at a CAGR of 12.91 percent during the amount of 2020-2024, while the worldwide furniture market is estimated at $1.1 trillion. The Indian market size, as compared, involves being but 5 percent, highlighting the large growth potential.
Aside from the domestic furniture market, the potential for furniture exports also shows great promise, with several countries looking to maneuver their manufacturing base out of China, within the post-COVID-19 era. (Source India Retailer)
There are more than 4.5,000+ Furniture Companies in India and over 38,000+ Furniture Companies in the United States.
The top 10 Furniture companies in India are the following:
Godrej Interio
Zuari Furniture
Durian
Usha Lexus Furniture
Damro
EVOK
IKEA
Hulsta
Wipro Furniture
Nilkamal Ltd
Let's have a look at the list of Furniture Companies in India with their key decision-maker contact information.
Get contact information of Top decision makers like Founder, CEO, CFO, CMO, CTO, Marketing head, HR head, Finance head along with headquarters, no of employees, revenue, founded year, industry in these companies.