The India furniture market size reached approximately USD 25.64 Billion in 2024. The market is projected to grow at a CAGR of 10.90% between 2025 and 2034.
Base Year
Historical Year
Forecast Year
India is the fifth largest producer of furniture globally, emerging as an indispensable player in the furniture sector.
West India is renowned for its traditional and expensive wood furnishing products made of hardwood and traditional designs.
Minimalism has been a rising trend in the home furnishing and interior designing sector.
Value in USD Billion
2025-2034
India Furniture Market Outlook
*this image is indicative*
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Furniture refers to objects or accessories that aid people with everyday tasks such as sleeping, seating, and working, among other necessary functions. Along with the functionalities, it also enhances the visual aesthetic of a place and can influence the overall quality of a person’s life. Some of the commonly used furniture includes tables, chairs, beds, cabinets, and cupboards, among others.
Rapid urbanisation in the country is one of the major factors driving the furniture industry in India. A large share of the young demographic is migrating towards urban areas for better job opportunities and higher living standards, which fuels the demand for furniture in apartments and studios. Moreover, the rise in disposable income is another crucial factor that allows consumers to invest in high-quality furniture that can last for longer periods. Besides, there is a surge in consumer interest towards modern or trendy furniture that can enhance the aesthetic appearance of the place as well as offer the necessary functionalities.
Widespread usage of sustainable furniture; rising demand for minimalist furniture; prominence of vintage furniture pieces; and rising demand for smart and tech-integrated furniture are the major trends impacting the market growth.
Interior designers and homeowners are readily investing in sustainable furniture materials such as ethically sourced wood or bamboo, due to the growing environmental consciousness.
Consumers are gradually shifting towards basic and minimalist furniture designs which consist of neutral colours and clean-cut edges to achieve a sophisticated look.
The demand for vintage furniture is driven by the wish to own timeless and one-of-a-kind pieces that hold sentimental value or add character to a space.
The demand for high-tech furniture is expected to increase in the coming years as it makes daily tasks more convenient and easier for consumers.
One of the crucial market size of furniture industry in India is growing popularity of sustainable furniture materials that are ethically produced or recyclable in nature. For example, medium-density fibreboard, which is manufactured from discarded wood portions, that can be recycled for further use offers a cost-effective and eco-friendly solution. Furniture brands are also incorporating a green production process, which involves the usage of renewable energy sources such as solar or hydropower energy as it does not cause carbon emissions.
The indian furniture market size is strongly driven by the deployment of cutting-edge technologies into furniture for multi-task purposes. For instance, wireless charging technology can be found in furniture such as side tables, which allow users to charge USB-enabled devices without the use of cables. Speakers and RGB lighting can also be found in a range of smart furniture to create an immersive audio experience as well as a cosy atmosphere.
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“Indian Furniture Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Material:
Market Breakup by Sector:
Market Breakup by End-Use:
Market Breakup by Distribution Channel:
Market Breakup by Region:
Wooden furniture continues to dominate the market due to its versatility and eco-friendly nature.
As per the India furniture market analysis, wood occupies a significant portion of the market share as it is one of the most widely available raw materials in the country. It can be easily crafted into various shapes and designs and offers a timeless appearance to the furniture. Factors such as durability, long life, and minimal maintenance of wood also boost the segment growth.
Furniture made using plastic is also expected to gain prominence in the Indian market as it is cost-effective, recyclable, and lightweight, which makes it easy to move compared to heavier materials such as wooden or metallic chairs.
The residential sector is a significant contributor to the India furniture market revenue, primarily driven by evolving consumer lifestyles.
The residential sector accounted for a major market share, due to the growing demand for home furnishing items that can make the user's life convenient. Evolving consumer lifestyle, as well as urbanisation, has led to the adoption of modern, sleek furniture designs that enhance the living space. The prevalence of nuclear families has further bolstered the demand for small-sized furniture suitable for apartments.
Meanwhile, the growth of the commercial sector is expected to aid the market, as end users including educational institutes, hotels, and hospitals heavily rely on furniture for their specific requirements.
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The market players are focusing on product innovation, utilising technologies and materials that can enhance the functionality and sustainability of end products.
Godrej & Boyce, a flagship of Godrej group, is a distinguished company based in Mumbai, India. Some of its specialities include furniture, appliances, security solutions, locking solutions, and AV solutions, among others.
Wakefit Innovations, based in Bengaluru, India, is a home sleep solutions company. Some of its common furnishing products include bed sheets, pillows, rugs, carpets, and cushions, among others.
Nilkamal, founded in 1981 and based in Mumbai, India, is one of the largest producers of moulded furniture worldwide. The company has a strong network of over 20000 dealers across the country.
Ikea, a home furniture retailer, announced in January 2024, that it is planning to cut down the price of its products by 20 per cent to allow more customers to purchase its products.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Several furniture manufacturers are focused on acquisition and partnership efforts to combine their resources and strengthen their market position by penetrating more regions in the country. These partnerships also allow them to expand their product offerings and adapt to changing market trends, reaching a wider consumer base. Their combined efforts are also expected to foster innovations in furniture designs, further enhancing brand reputation.
South India accounts for a substantial India furniture market share, owing to the rising presence of renowned furnishing companies in the region. Ikea Hyderabad was the first Ikea-based store in India, which established its strong footing in the Southern region due to the versatility and timelessness of its products.
North India is also anticipated to witness robust growth in the coming years, due to its high population, which is expected to fuel the demand for furnishing products. Factors such as rapid urbanisation as well as rising job opportunities in the metropolitan area of North are also expected to provide enhanced growth opportunities to the market.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2024, the market reached an approximate value of USD 25.64 Billion.
The market is estimated to grow at a CAGR of 10.90% between 2025 and 2034.
The major drivers of the industry, such as the increased investments in the infrastructure development activities, rising population, increased demand for home-office set up essentials, rising disposable incomes, and improved living standards of consumers, are expected to aid the market growth.
The key trends aiding the market include the growing demand for sustainable furniture materials, the rising trend of minimalism, the growing popularity of vintage and antique furniture, and the increased integration of smart technology into furniture.
The major regions in the industry are North India, East India, West India, and South India.
The significant raw materials include metal, wood, plastic, and others.
The major sectors include organised and unorganised.
The different end uses include residentials, commercial offices, hotels/restaurants, and others.
The major distribution channels include supermarkets and hypermarkets, speciality stores, online, and others.
The major players in the market are Godrej & Boyce Manufacturing Company Limited, Inter IKEA Systems B.V., Wakefit Innovations Pvt. Ltd, Nilkamal Limited, Cello World Private Limited, Zuari Furniture, Durian Industries Limited, Usha Shriram Enterprises Pvt. Ltd., Damro Furnitures Pvt. Ltd., Supreme Industries Ltd., and Wipro Furniture Private Limited, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Material |
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| Breakup by Sector |
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| Breakup by End-Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Trade Data Analysis |
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| Competitive Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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