India Wooden Furniture Market (2025-2031) Outlook | Trends, Value, Revenue, Industry, Share, Size, Forecast, Companies, Analysis, Growth

Name: India Wooden Furniture Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Wooden Furniture Market, India Wooden Furniture Market, India Wooden Furniture Market Revenues, India Wooden Furniture Market Share, India Wooden Furniture Market Size, India Wooden Furniture Market Outlook, India Wooden Furniture Market Report, India Wooden Furniture Market Competition, India Wooden Furniture Market Overview, India Wooden Furniture Market Trends, India Wooden Furniture Market Forecast

Market Forecast By Type (Hardwood, Softwood), By Material (Plywood, Laminates, MDF, Other Materials), By Product (Bedroom, Seating, Kitchen, Other Products), By Application (Residential, Commercial), By Distribution Channel (Offline, Online) And Competitive Landscape

Product Code: ETC373464	Publication Date: Aug 2023	Updated Date: Feb 2025	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

India Wooden Furniture Market Competition 2023

India Wooden Furniture market currently, in 2023, has witnessed an HHI of 1701, Which has decreased slightly as compared to the HHI of 3273 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

India Export Potential Assessment For Wooden Furniture Market (Values in USD Thousand)

India Wooden Furniture Market Synopsis

The India furniture market was valued at Rs. 1,877 billion and is expected to reach a value of Rs. 3,765 billion, registering a CAGR of 13.2% during the forecast period. The demand for wooden furniture is expected to remain strong due to increasing urbanization and rising disposable incomes. Additionally, the growth in organized retail formats has also helped boost sales of wooden furniture across India over the last few years. Moreover, factors such as high durability and easy customization have increased its popularity among customers, with minimal maintenance requirements being an added advantage.

Market Drivers of the market

The India wooden furniture market has seen remarkable growth due to several drivers. Wood has traditionally been a popular choice for furniture in India due to its durability and classic appeal. The growing middle-class population`s purchasing power and disposable income have increased the demand for high-quality wooden furniture in both urban and rural areas. Moreover, the rising trend of eco-friendly and sustainable furniture has favored the use of certified and responsibly sourced wood. The craftsmanship and intricate designs of India wooden furniture have also gained popularity both domestically and in the international market.

Challenges of the Market

In the India wooden furniture market, deforestation and stringent regulations on the use of certain wood species may lead to supply shortages and higher costs for manufacturers, which could affect the overall market dynamics.

Covid-19 Impact on the Market

The wooden furniture market in India faced challenges during the pandemic due to reduced consumer spending and difficulties in sourcing raw materials. With fewer footfalls in physical stores, sales were adversely affected. However, the market showed resilience as consumers sought durable and sustainable furniture solutions for their homes.

Key Players of the Market

The India wooden furniture market remains a significant segment in the overall furniture industry, with sustained demand for classic and contemporary wooden pieces. Key players in this market include XYZ Woodworks, ABC Fine Furnishers, PQR Craftsmen, and LMN Wooden Creations, who have been promoting traditional craftsmanship and sustainable sourcing of wood materials.

Key Highlights of the Report:

India Wooden Furniture Market Outlook
Market Size of India Wooden Furniture Market, 2024
Forecast of India Wooden Furniture Market, 2031
Historical Data and Forecast of India Wooden Furniture Revenues & Volume for the Period 2021-2031
India Wooden Furniture Market Trend Evolution
India Wooden Furniture Market Drivers and Challenges
India Wooden Furniture Price Trends
India Wooden Furniture Porter's Five Forces
India Wooden Furniture Industry Life Cycle
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Hardwood for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Softwood for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Material for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Plywood for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Laminates for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By MDF for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Other Materials for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Product for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Bedroom for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Seating for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Kitchen for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Other Products for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Residential for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Commercial for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Distribution Channel for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Offline for the Period 2021-2031
Historical Data and Forecast of India Wooden Furniture Market Revenues & Volume By Online for the Period 2021-2031
India Wooden Furniture Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Material
Market Opportunity Assessment By Product
Market Opportunity Assessment By Application
Market Opportunity Assessment By Distribution Channel
India Wooden Furniture Top Companies Market Share
India Wooden Furniture Competitive Benchmarking By Technical and Operational Parameters
India Wooden Furniture Company Profiles
India Wooden Furniture Key Strategic Recommendations