Uploaded on Oct 29, 2024
According to the latest research report by IMARC Group, The India office furniture market size reached US$ 5.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.89 Billion by 2032, exhibiting a growth rate (CAGR) of 9.50% during 2024-2032. More Info:- https://www.imarcgroup.com/india-office-furniture-market
India Office Furniture Market Growth, Demand and Challenges of the Key Industry Players 2024-32
India Offi ce Furniture Market Research and Forecast Report 2024- 2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group IMARC Group is a g lobal management consul t ing f i rm that he lps the wor ld ’s most ambi t ious changemakers to create a las t ing impact . Across the s ix major cont inents and 100+ count r ies , we work a longside our bus iness par tners as one team wi th a common ambi t ion to achieve unparal le led resul ts , gain a compet i t ive edge, and t ransform indust r ies . IMARC Group excels in unders tanding i ts c l ients ’ bus iness pr ior i t ies and del iver ing ta i lored solut ions that dr ive meaningfu l outcomes. Our c l ient base spans over 3,000 organizat ions in the pr ivate, publ ic , and soc ia l sectors , ranging f rom high-growth s tar tups to For tune 500 companies. We prov ide a comprehensive sui te of market entry and expansion serv ices. Our of fer ings inc lude thorough market assessment , feas ib i l i ty s tudies, company incorporat ion ass is tance, fac tory setup suppor t , regulatory approvals and l icens ing navigat ion, branding, market ing and sales st rategies, compet i t ive landscape and benchmark ing analyses, pr ic ing and cost research, and procurement research. These serv ices are des igned to ass is t companies in evaluat ing market oppor tuni t ies , set t ing up new ent i t ies , navigat ing regulatory landscapes, boost ing brand v is ib i l i ty , analyz ing compet i tors, and opt imiz ing procurement s t rategies. A c c o r d i n g t o t h e l a t e s t r e p o r t b y I M A R C G r o u p , t i t l e d " I n d ia O f f i c e F u r n i t u r e M a r k e t : I n d u s t r y T r e n d s , S h a r e , S i z e , G r o w t h , O p p o r t u n i t y a n d F o r e c a s t 2 0 2 4 - 2 0 3 2 , " t h e I n d i a o f f i c e f u r n i t u r e m a r k e t s i z e r e a c h e d U S $ 5 . 2 B i l l i o n i n 2 0 2 3 . B u s i n e s s e s i n I n d i a a r e r e c o g n i z i n g t h e i m p o r t a n c e o f e m p l o y e e w e l l - b e i n g a n d p r o d u c t i v i t y a n d a r e f o c u s i n g o n c r e a t i n g w o r k s p a c e s t h a t a r e b o t h c o m fo r t a b l e a n d Report c o n d u c i v e t o p e r f o r m a n c e . T h i s s h i f t i s e n c o u r a g i n g t h e a d o p t i o n o f f u r n i t u r e t h a t s u p p o r t s p o s tu r e , r e d u c e s s t r a i n , a n d e n h a n c e s o v e r a l l w o r k p l a c e e f f i c i e n c y . I n a d d i t i o n , Highlight and T h e f l e x i b i l i t y t o a d a p t t o v a r i o u s w o r k s p a c e c o n f i g u r a t i o n s a n d t h e a b i l i t y t o c a t e r t o d i v e r s e b u s i n e s s n e e d s a r e b e c o m i n g e s s e n t i a l , e n c o u r a g i n g m a n u f a c tu r e r s t o i n n o v a t e a n d d i v e r s i f y t h e i r p r o d u c t o f f e r i n g s . Description B e s i d e s t h i s , t h e g r o w i n g t r e n d o f s m a r t o f f i c e f u r n i t u r e t h a t i n c o r p o r a te s f e a tu r e s l i k e w i r e l e s s c h a r g i n g , a d j u s t a b l e s e t t i n g s , a n d i n t e g r a t e d c a b l e m a n a g e m e n t s y s t e m s i s o f f e r i n g a f a v o r a b l e m a r k e t o u t l o o k . T h e s e i n n o v a t i o n s n o t o n l y e n h a n c e t h e f u n c t i o n a l i t y o f o f f i c e s p a c e s b u t a l s o a l i g n w i t h t h e m o d e r n - d a y e m p h a s i s o n s e a m l e s s t e c h n o l o g y i n t e g r a t i o n i n a l l a s p e c t s o f w o r k l i f e . R e q u e s t f o r a P D F s a m p le o f t h is r e p o r t : h t t p s : / / w w w . i m a r c g r o u p . c o m / i n d i a - o f f i c e - f u r n i t u r e - m a r k e t / r e q u e s t s a m p l e Report Description I nd i a O f f i ce Furn i t u r e M a rke t T rend s : Fur t h e r m o r e , t he r i s i n g env i r onm en t a l awar eness and t he sh i f t t owar ds s us t a in ab le p r ac t i ces a r e d r i v i ng t he dem a nd f o r eco - f r i en d l y o f f i ce f u r n i t u r e i n t he coun t r y . Co m pan ies a r e now loo k ing f o r f u r n i t u r e m ade f r o m r ecy c led o r sus t a inab ly sou r ced m a t e r i a l s , wh i ch n o t on l y r e duces t h e i r ca r bo n f oo t p r i n t bu t a l so a l i g ns w i t h co r po r a t e s oc ia l r es pons i b i l i t y ( CSR ) goa l s . Th i s t r en d i s e ncou r ag ing m a nu f ac t u r e r s t o adop t g r eene r p r od uc t i o n m e t hods and deve lop p r o duc t s t ha t c a t e r t o env i r o nm e n t a l l y con sc ious i nd i v i dua l s . Apa r t f r om t h i s , t h e i n c r eas ing p r e f e r en ce f o r cu s t om - m a de o f f i ce f u r n i t u r e t ha t i s t a i l o r ed t o i nd i v id ua l ne eds i s con t r i bu t i n g t o t he m ar k e t g r ow t h . Bus i nesse s a r e seek ing u n ique , t a i l o r - m ade so lu t i on s t ha t r e f l ec t t he i r b r and i d en t i t y and ca t e r t o t he i r sp ec i f i c ope r a t i on a l n eeds . Th i s t r e nd i s en cou r ag ing m an u f ac t u r e r s t o o f f e r m or e cus t om i zab le o p t i o ns and t o engag e i n c los e r co l l a bo r a t i on w i t h c l i en t s t o c r ea t e be spoke f u r n i t u r e so lu t i ons . M or eo ve r , on l i ne r e t a i l ch anne ls i n I nd ia a r e m ak ing i t eas ie r f o r bu s ines ses t o acce ss a w ide r ange o f o f f i ce f u r n i t u r e , com par e p r i ces , a nd m a ke i n f o r m ed pu r ch as ing dec i s ions . Th e con ven ien ce o f on l i ne s hopp i ng , coup le d w i t h t h e ava i l ab i l i t y o f a d i v e r se r ange o f p r odu c t s , i s e xpand ing t he m ar ke t r e ach o f o f f i ce f u r n i t u r e m anu f ac t u r e r s and r e t a i le r s . Vi ew Repo r t T O C, F i g ures and T ab l e s : h t t ps : / / w w w . i mar cgrou p . com / i n d i a - o f f i ce - f u rn i t u re - m ark e t Product Type Insights: • Seating • Systems • Tables • Storage Units and Fi le Cabinets • Overhead Bins • Others Report Material Type Insights: Segmentation • Wood • Metal • Plast ic and Fiber • Glass • Others Distribution Channel Insights: • Direct Sales • Special ist Store • Non-Special ist Stores • Online • Others Price Range Insights: • Low Report • Medium • High Segmentation Regional Insights: • North India • West and Central India • South India • East and Northeast India How has the India office furniture market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the India office furniture market? Key Questions What is the breakup of the India office furniture market on the basis of product type? Answered in What is the breakup of the India office furniture the Report market on the basis of material type? What is the breakup of the India office furniture market on the basis of distribution channel? What is the breakup of the India office furniture market on the basis of price range? What are the various stages in the value chain of the India office furniture market? What are the key driving factors and challenges in the India office furniture? Key What is the structure of the India office furniture market and who are the key players? Questions Answered in What is the degree of competition in the India office furniture market? the Report 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n d i a O f f i c e F u r n i t u r e M a r k e t - I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w 4 . 2 M a r k e t D y n a m i c s 4 . 3 I n d u s t r y T r e n d s 4 . 4 C o m p e t i t i v e I n t e l l i g e n c e 5 I n d i a O f f i c e F u r n i t u r e M a r k e t L a n d s c a p e 5 . 1 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 5 . 2 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 I n d i a O f f i c e F u r n i t u r e M a r k e t - B r e a k u p b y P r o d u c t T y p e 6 . 1 S e a t i n g 6 . 1 . 1 O v e r v i e w 6 . 1 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 6 . 1 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 . 2 S y s t e m s 6 . 2 . 1 O v e r v i e w 6 . 2 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 6 . 2 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 . 3 T a b l e s 6 . 3 . 1 O v e r v i e w 6 . 3 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 6 . 3 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 . 4 S t o r a g e U n i t s a n d F i l e C a b i n e t s 6 . 4 . 1 O v e r v i e w 6 . 4 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 6 . 4 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 . 5 O v e r h e a d B i n s 6 . 5 . 1 O v e r v i e w 6 . 5 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) Table of 6 . 5 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 6 . 6 O t h e r s 6 . 6 . 1 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) Contents 6 . 6 . 2 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 )7 I n d i a O f f i c e F u r n i t u r e M a r k e t - B r e a k u p b y M a t e r i a l T y p e 7 . 1 W o o d 7 . 1 . 1 O v e r v i e w 7 . 1 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 7 . 1 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 7 . 2 M e t a l 7 . 2 . 1 O v e r v i e w 7 . 2 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 7 . 2 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) 7 . 3 P l a s t i c a n d F i b e r 7 . 3 . 1 O v e r v i e w 7 . 3 . 2 H i s t o r i c a l a n d C u r r e n t M a r k e t T r e n d s ( 2 0 1 8 - 2 0 2 3 ) 7 . 3 . 3 M a r k e t F o r e c a s t ( 2 0 2 4 - 2 0 3 2 ) F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m / i n d i a - offi c e - f u rn i t u re -m a rke t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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