Office Furniture Market in India 2024-2028

Office Furniture Market In India 2024-2028

The office furniture market in India is forecasted to grow by USD 2.67 bn during 2023-2028, accelerating at a CAGR of 10.77% during the forecast period. The report on the office furniture market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a growing demand for modern and luxury furniture, an increase in the number of office spaces, and a growing demand for eco-friendly furniture.

Technavio's office furniture market in India is segmented as below:

• By End-user
• Commercial office furniture
• Home office furniture
• By Distribution Channel
• Offline
• Online
• By Product
• Seating
• Systems
• Tables
• Storage units and files
• Overhead bins

This study identifies the increasing popularity of online furniture stores as one of the prime reasons driving the office furniture market in India's growth during the next few years. Also, an increase in mergers and acquisitions in the office furniture market in India and increasing consumer preference for multifunctional and customized furniture will lead to sizable demand in the market.

The report on the office furniture market in India covers the following areas:

• Office furniture market in India sizing
• Office furniture market in India forecast
• Office furniture market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading office furniture market in India vendors that include AFC Furniture Solutions, CPM Systems, Ezeefit Modular Furniture Pvt Ltd., Global Furniture Group, Godrej Interio, Haworth Inc., HNI Corp., Hooker Furniture Corp., Indo Innovations, Inter IKEA Holding BV, Kimball International Inc., Knoll Inc., KOKUYO Co. Ltd., Meridian Office Furniture Ltd., MillerKnoll Inc., Okamura Corp., Reecan, Sentiment Furniture Systems India Pvt. Ltd., Steelcase Inc., and SOS Spacewood Office Solutions.. Also, the office furniture market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.