- Set to register 11.6% growth during 2023-2028
In the absence of appropriate furniture, even a bungalow made of marble looks pale. House does not mean cement, bricks, flooring and tiles, but also the pieces of furniture. In the absence of the furniture, the house is not complete. However beautiful could be the design of a house, decorating it with appropriate furniture enhances the beauty. It would mean furniture plays a crucial role even in realty sector too. Having bought a house, the next important task would be furnishing it. Let us see what is the state of furniture market in the country? It is tipped to grow by 11.6% during 2023-2028.
In fact, chairs, cabinets, beds, tables, desks, dressers, almirahs constitute the important pieces of furniture used to decorate a house. They are usually made of plastic, metal, marble, wood, glass, cloth or other materials. The maintenance of such furniture is easy. They lend beauty to any room and also modern look. The shelf life of furniture would be long. They are easy to clean. They can be bought from super markets, specialty stores, online stores and hyper markets.
Latest furniture trends
The demand for ward robes, sofa sets and other modern furniture and interiors offering such facilities is very high in the country. If the interiors are very attractive, many more incline towards having such interiors. The interiors play a crucial role in promoting domestic furniture.
The market for domestic handcrafted furniture designs is steadily growing. Moreover, those who live urban areas prefer to have modular furniture. Therefore, the online and offline furniture market is booming. Growth of real estate, growing population, availability of affordable houses is contributing to the growth of furniture market. Several prominent industries are investing in animation and other modern technology to introduce 3-D furniture designs for the benefit of customers. These are going to promote Indian furniture market in a big way in days to come.
