India Chair Market to Grow at a CAGR of 7.60% During 2024-2032, Aided by the Rising Population and Growing Urbanisation

The key driver behind the India chair market expansion is the increasing demand for comfortable seating solutions. As contemporary lifestyles continue to incorporate longer durations of seated work or leisure activities, the necessity for chairs providing ergonomic design and comfort has risen. This necessity, combined with enhanced consumer purchasing power, has propelled demand for premium and designer chairs.

The rising popularity of remote working arrangements globally has significantly increased the demand for chairs in India. As more individuals establish home office environments, requirements have risen for chairs that ensure comfort throughout extended periods of work.

Consumers in India are increasingly conscious of the environmental impact of the products they use, raising demand for chairs constructed from sustainable materials like reclaimed wood or recycled plastic. Separately, technological advancements in chairs, including built-in USB ports and wireless charging capabilities, among other innovations, are further contributing to overall market expansion.

The launch of innovative seating solutions by key players is favouring the market. For instance, in October 2023, Godrej & Boyce, the flagship company of the Godrej Group, announced the expansion of its furniture and interior solutions brand Godrej Interio's portfolio of office wellness products with the launch of a new seating solution called 'Posture Perfect'.

Godrej Interio unveiled a breakthrough in chair design utilising patented 'Trackback' technology, which has received intellectual property protection across 13 countries. The company offers its products through various distribution channels which include hypermarkets and supermarkets, distributors, authorised dealers, independent regional retail stores, and online platforms such as Amazon.com (NASDAQ: AMZN).

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Market Breakup by Material, Type, Sector, Distribution Channel, End Use, and Region:

• On the basis of the material, the market is divided into wood, plastic, and metal, among others.

• The market, based on type, is segmented into regular use chair, gaming chair, office chair, and massage chair, among others.

• By sector, the market is bifurcated into organised and unorganised.

• Based on distribution channel, the market can be divided into supermarkets and hypermarkets, exclusive brand stores, multi brand stores, and online, among others.

• By end use wise, the India market for chair can be segmented into residential, commercial, and hospitality, among others.

• The major regions in the market are North India, East India, West India, and South India.

Key Findings of the Report:

• By the year 2047, it is expected that 51% of India's population will reside in urban areas, up significantly from 31% in 2010. This substantial increase in urbanisation over the coming decades is expected to drive a surge in demand for various furniture products, including chairs.

• India possesses a rich heritage characterised by unique craftsmanship, woodworking, carpentry, and furniture production. Cities such as Jodhpur have emerged as key demand centres driving the market in these specialised areas.

• The growing logistics infrastructure, which includes the development of multimodal logistics parks (MMLP) across thirty-five nodes, is expected to account for 60% of freight movement within the country. This is expected to reduce the cost of freight transportation per ton, aiding the India chair market growth.

• Innovations in chair design and technology have enabled the development of chairs with adjustable heights, reclining capabilities, and lumbar support. These features address evolving consumer needs and preferences. Technological advancements also provide solutions tailored to individual health, comfort and lifestyle demands, sustaining market momentum.

Key Offerings of the Report:

• The EMR report gives an overview of the India chair market for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the materials, types, sectors, distribution channels, end uses, and major regions of chair in India.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the India chair market are Godrej & Boyce Manufacturing Company Limited, Inter IKEA Systems B.V., Wakefit Innovations Pvt. Ltd., Nilkamal Limited, Cello World Private Limited, Durian Industries Limited, Wipro Enterprises (P) Ltd, Supreme Industries Ltd., Usha Shriram Enterprises Pvt. Ltd., and Damro Furnitures Pvt. Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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