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India Office Furniture Market Size, Share, Growth, Analysis: By Product Type: Seating, Systems, Storage Units and File Cabinets, Tables, Overhead Bins, Others; By Material Type: Wood, Metal, Plastic, Fibre, Glass, Others; By Distribution Channel: Direct, Indirect; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
India Office Furniture Market Outlook
The India office furniture market size reached USD 10.93 billion in 2023. The market is expected to grow at a CAGR of 9.04% between 2024 and 2032, reaching USD 23.74 billion by 2032.
Key Takeaways:
- The Forest Survey of India (FSI) reported wood production from Trees Outside Forests (TOFs) at 85.16 Mm3/annum in its 2019 findings.
- As per USDA 2019 figures, India's annual imports of logs, lumber, and wood products rose $2 billion.
- The growing number of start-ups and construction of office spaces is expected to drive the industry.
Wood plays a crucial role in driving the India office furniture market growth, thanks to its ability to be crafted into a wide array of styles, ranging from traditional to contemporary, thereby providing versatility in office aesthetics
Wooden office furniture exudes a classic appeal through diverse colours and patterns, guaranteeing lasting endurance for generations, offering flexible designs for various styles, providing ample customization options, advocating eco-consciousness via sustainable sourcing and recyclability, and elevating comfort for heightened employee contentment.
Metal office furniture shines with exceptional durability, fending off damage, displaying contemporary, sleek looks with simple designs, maximizing space in small offices, requiring minimal upkeep, boasting fire resistance for safety, and often offering budget-friendly choices, ensuring long-lasting financial benefits.
In February 2024, HNI Office India Ltd, a division of HNI Corporation, inaugurated its innovative Experience Centre in Hyderabad's Hi-Tec City, showcasing a range of contemporary modular office furniture. The centre offered architects and designers inspiring opportunities to create exceptional workspace designs for memorable employee environments.
Market Segmentation
India Office Furniture Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Seating
- Systems
- Storage Units and File Cabinets
- Tables
- Overhead Bins
- Others
Market Breakup by Material Type
- Wood
- Metal
- Plastic
- Fibre
- Glass
- Others
Market Breakup by Distribution Channel
- Direct
- Indirect
Market Breakup by Region
- East India
- West India
- North India
- South India
The India office furniture market key players are Godrej & Boyce Manufacturing Company Limited, Featherlite Collections, Durian Industries Ltd., Nilkamal Furniture, Damro Furniture Pvt Ltd., Haworth Inc., and Herman Miller, Inc. among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Material Type |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Office Furniture Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Office Furniture Historical Market (2018-2023)
8.3 Asia Pacific Office Furniture Market Forecast (2024-2032)
8.4 Asia Pacific Office Furniture Market Share by Country
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 ASEAN
8.4.5 Australia
8.4.6 Others
9 India Office Furniture Market Overview
9.1 Key Industry Highlights
9.2 India Office Furniture Historical Market (2018-2023)
9.3 India Office Furniture Market Forecast (2024-2032)
10 India Office Furniture Market by Product Type
10.1 Seating
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Systems
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Storage units and File Cabinets
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Tables
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Overhead Bins
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 India Office Furniture Market by Material Type
11.1 Wood
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Metal
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Plastic
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Fibre
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Glass
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 India Office Furniture Market by Distribution Channel
12.1 Direct
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Indirect
13 India Office Furniture Market by Region
13.1 East India
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 West India
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 North India
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South India
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Godrej & Boyce Manufacturing Company Limited
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Featherlite Collections
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Durian Industries Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Nilkamal Furniture
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Damro Furniture Pvt Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Haworth Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Herman Miller, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Office Furniture Market: Key Industry Highlights, 2018 and 2032
2. India Office Furniture Market: Key Industry Highlights, 2018 and 2032
3. India Office Furniture Historical Market: Breakup by Product Type (USD Billion), 2018-2023
4. India Office Furniture Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
5. India Office Furniture Historical Market: Breakup by Material Type (USD Billion), 2018-2023
6. India Office Furniture Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
7. India Office Furniture Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
8. India Office Furniture Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
9. India Office Furniture Historical Market: Breakup by Region (USD Billion), 2018-2023
10. India Office Furniture Market Forecast: Breakup by Region (USD Billion), 2024-2032
11. India Office Furniture Market Structure
Key Questions Answered in the Report
The market was valued at USD 10.93 billion in 2023.
The market is projected to grow at a CAGR of 9.04% between 2024 and 2032.
The revenue generated from the office furniture market is expected to reach USD 23.74 billion in 2032.
The office furniture market is categorised according to product type, which includes seating, systems, storage units, file cabinets, tables, overhead bins, and others.
The key players are Godrej & Boyce Manufacturing Company Limited, Featherlite Collections, Durian Industries Ltd., Nilkamal Furniture, Damro Furniture Pvt Ltd., Haworth Inc., and Herman Miller, Inc. among others.
Based on the distribution channel, the market is divided into direct and indirect.
The market is broken down into East India, North India, South India, and West India.
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