Analysis of the furniture market in India

Topicality

The Indian furniture market is one of the most competitive in the country, ranging from large factories producing furniture in series to small entrepreneurs working on individual orders, as well as imported products. 

Goal

Furniture market analysis

Short description

At the beginning of the marketing research of the furniture market, general information is presented. 
In the second part, the main characteristics of the studied market are considered. 
Market Volume Dynamics 2009 – 2014 shown in the next section. 

Chapter 4 analyzes the market capacity, 2015. 
Part 5 demonstrates the saturation of the market. 
Estimated current trends and prospects for the development of the market in 6 parts. 

Further, GidMarket analysts studied the structure of the furniture market in India by product type, by price segments, by the main brands represented, by the main dealers and by distribution methods (large furniture hypermarkets, chain stores, mono-brand retail, individual stores, custom-made furniture)

Part 9 shows the share of imports in the market
In conclusion, current trends, development prospects and market potential until 2018 are assessed.

Content

1. General information on the furniture market in India 

2. Key features of the furniture market in India

3. Dynamics of the market volume in 2009 – 2014

4. Market capacity, 2015

5. Market saturation 

6. Assessment of current trends and market development prospects 

7. Assessment of factors affecting the market

8. Market structure 

8.1. By product type
8.2. By price segments
8.3. By main brands represented
8.4. By major dealers
8.5. By distribution methods (large furniture hypermarkets, chain stores, mono-brand retail, individual stores, custom-made furniture)

9. Market share of imports

10. Assessment of current trends, development prospects and market potential until 2018

Diagram example

 Research excerpt

“..In general, the furniture market is integrated into the durable goods market, retains the main features of this type of goods, and the situation on it is inextricably linked with the economic situation in the country, with the availability of solvent demand among the population, material business opportunities, as well as with the position of the construction industry countries. This market is sensitive to the slightest changes in the economy - at the first signs of a crisis, the structure and volume of demand changes in the direction of cost optimization and minimization of design solutions..”

Diagrams 

Diagram 1. Dynamics of furniture production volumes in India, 2009-2014
Diagram 2. Estimation of the capacity of the furniture market in India
Diagram 3. Dynamics of GDP growth in India
Diagram 4. Dynamics of investment in real estate in India, 2011-2015 
Diagram 5. Distribution of investments by real estate segments, taking into account the source of financing, 2014
Diagram 6. Dynamics of retail trade turnover and the index of new retail space commissioning, India, 2007 - 2015
Diagram 7. Volume and dynamics of commissioning of buildings, 2012 - 2014
Diagram 8. The volume of commissioning and dynamics of building construction, 2007–2014, forecast up to 2017
Diagram 9. Market structure by types of products
Diagram 10. Structure of the furniture market by product price category, 2015
Diagram 11. Market structure by main represented brands
Diagram 12. Structure of the furniture market by distribution methods
Diagram 13. The share of imported furniture in the Indian market, 2009 - 2015
Diagram 14. Forecast of furniture market volumes for the period up to 2018
Diagram 15. Forecast of furniture market volumes, taking into account the ""gray segment"" for the period up to 2018 

List of tables

Table 1. Main indicators of the Indian furniture market, 2009 - 2014, forecast for 2015
Table 2. Dynamics of the main indicators of the Indian furniture market, period 2009-2015
Table 3. Volumes of production of certain categories of furniture, 2013 - 2014
Table 4. Number of commissioned buildings built by the population
Table 5. Some macroeconomic indicators of socio-economic development of India in 2014 and forecast for 2015
Table 6. TOP-10 retail chains by number of retail outlets, 2014
Table 7. Revenue of retail chains, million Rs., 2013
Table 8. Import of wooden furniture for the kitchen, by supplier, 2013, thousand dollars
Table 9. Imports of wooden bedroom furniture, by supplier, 2013, thousand dollars
Table 10. TOP-10 importers of wooden ""office"" furniture, 2013, $ thousand
Table 11. Importers of other wooden furniture, 2013, thousand dollars 
Table 12. TOP-15 importers of furniture made of bamboo, rattan, etc., 2013, $ thousand
Table 13. TOP-16 importers of furniture parts, 2013, $ thousand
Table 14 Imports of wooden kitchen furniture by region in India, 2013
Table 15 Imports of wooden bedroom furniture by region in India, 2013
Table 16. Import volumes of wooden furniture for offices by regions of India, 2013
Table 17. Import volumes of other wooden furniture by regions of India, 2013