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Furniture distribution in India

Furniture consumption in India recorded 10% average yearly growth over the last decade, reaching about US$ 15 billion in 2013 at retail prices. A further 4%-5% yearly increase is forecasted for the coming two years. The Report focuses on suggested eight megacities and 6 Indian states where the outlook of growth of household expenditure is given by around 50% up to the year 2020. The CSIL report Furniture Distribution in India offers an accurate comprehensive picture of the Indian furniture market, providing 2008-2013 trends, short (2014-2015) and medium term forecasts (2020). Statistics of furniture production, imports and exports are also provided. The furniture market is broken down by product segment 2013. Distribution channels and Reference Prices of the Indian furniture market are further considered both for domestically produced furniture and imported items. The analysis of the Indian furniture market includes: demand drivers (macroeconomic indicators, population distribution and construction market) and purchasing process among Indian consumers. The analysis of furniture distribution channels includes: Large scale furniture retailers, independent furniture specialists, architects and interior designers, E-commerce, local craftsmen and artisans (unorganized sector). Profiles of the main distributors and manufacturers, both for domestic and imported furniture operating on the Indian furniture market are also available.

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Paper provided by CSIL Centre for Industrial Studies in its series CSIL reports with number S75.

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Length: 63 pages
Date of creation: Feb 2014
Handle: RePEc:mst:csilre:s75
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