Furniture - India
India- Revenue in the Furniture market in India amounts to US$5.53bn in 2025. This growth reflects a broader trend in the Indian economy, where increased disposable income and urbanization are influencing consumer spending patterns. The market is expected to grow annually by 2.71% (CAGR 2025-2030), indicating a robust outlook as demand for diverse furniture styles and functionalities continues to rise.
- The market's largest segment is the segment Home Décor, which has a market volume of US$1.79bn in 2025. This segment's prominence underscores the evolving tastes of Indian consumers who are increasingly seeking modern and innovative furniture solutions.
- In global comparison, most revenue is generated in United States with a substantial contribution of US$253.42bn in 2025. This highlights India's growing position in the global furniture market, as it competes with established players.
- In relation to total population figures, per person revenues of US$3.80 are generated in 2025, suggesting a rising trend in consumer spending on furniture that reflects a shift towards a more consumer-driven economy.
Definition:
The Furniture market covers different movable objects designed to support various human activities such as sitting, sleeping, and storing items. These objects can include chairs, tables, beds, couches, and cabinets, among others. The design and layout of furniture can have a significant impact on the comfort and functionality of a space, making it an important aspect of interior design and home decor.
Structure:
The Furniture market is divided into seven categories:
- The Living Room Furniture market focuses on furnishings such as sofas, side tables, and media cabinets typically found in the living room. This market is divided into the following categories: Seats & Sofas and Cabinets, TV Stands & Side Tables.
- The Bedroom Furniture segment covers furnishings and other accessories used for sleeping and the storage of clothing and other personal items. This segment is divided into the following subsegments: Beds, Mattresses, Closets, Nightstands, & Dressers, and Bedding.
- The Kitchen & Dining Furniture market covers a diverse range of products that are used to meet people’s eating, food storage and preparation needs. This market is divided into the following categories: Kitchenware and Dining Tables, Kitchen Islands & Pantries.
- The Outdoor Furniture market covers products specifically designed to withstand exposure to the elements, such as rain, sun, and wind, and is often made from materials that are weather-resistant.
- The Home Office Furniture market focuses on products that ensure a good working environment at home compared to that of a traditional office. This market is divided into the following categories: Desks & Chairs and Bookcases & Filing Cabinets.
- The Lamps & Lighting market covers various devices and fixtures that provide illumination in a space. This market is divided into the following categories: Table & Floor Lamps, Ceiling Lights & Chandeliers, and Light Bulbs & Fittings.
- The Home Décor market covers a variety of accessories and furnishings designed to make a space more aesthetically appealing. This market is divided into the following categories: Decorations, Carpets & Rugs, Candles, and Curtains & Blinds.
- The Baby & Children's Furniture market includes furniture specifically designed for the sleep, organization, and care needs of children from infancy through early adolescence (ages 0 to 14). This market is divided into the following categories: Nursery Furniture, Cribs & Beds, Baby & Children’s Mattresses, Baby & Children’s Bedding, and Baby & Children’s Closets.
Additional Information:
The Furniture market consists of revenue and average revenue per capita data. Per capita figures refer to the whole population. This market only includes business-to-consumer (B2C) sales. Business-to-business (B2B) sales (e.g., furniture for coffee shops, offices, etc.) are not included in the figures shown. For more information on the displayed data, click on the info button to the right of each box. In terms of key players in the Furniture market, IKEA is the leading furniture company, but with the rise of e-commerce, players such as Wayfair are gaining ground.
- Seats and sofas
- Beds and mattresses
- Tables and shelves
- Lamps and lighting
- Carpets and rugs
- Baths, sinks, faucets, saunas, and other unmovable objects
- Cookware, kitchen, and cleaning utensils
- Hardware and tools
- Household appliances
- Doors and wallpaper
Revenue
Notes: Data was converted from local currencies using average exchange rates of the respective year.
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Source: Statista Market Insights
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Source: Statista Market Insights
Sales Channels
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Source: Statista Market Insights
Global Comparison
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Source: Statista Market Insights
Analyst Opinion
The Furniture market in India has been experiencing significant growth in recent years, driven by changing customer preferences and favorable macroeconomic factors.
Customer preferences: Indian consumers are increasingly seeking furniture that combines functionality with aesthetic appeal. They are looking for modern and contemporary designs that reflect their personal style and taste. Additionally, there is a growing demand for furniture that is eco-friendly and sustainable, as consumers become more conscious of the environmental impact of their purchases.
Trends in the market: One of the key trends in the Indian furniture market is the rise of online furniture shopping. With the increasing penetration of the internet and smartphones, more and more consumers are opting to buy furniture online. This trend is driven by the convenience and wide range of options available online, as well as the attractive discounts and deals offered by e-commerce platforms. Another trend in the market is the growing popularity of customized furniture. Indian consumers are increasingly looking for furniture that is tailored to their specific needs and preferences. This trend is driven by the desire for unique and personalized pieces that stand out from mass-produced furniture. Customized furniture also allows consumers to make the most of their limited living spaces, which is particularly relevant in urban areas where space is at a premium.
Local special circumstances: India has a rich heritage of craftsmanship and traditional furniture making. This has led to a growing interest in traditional and handcrafted furniture among Indian consumers. There is a renewed appreciation for the craftsmanship and attention to detail that goes into creating these pieces. This trend is also driven by a desire to support local artisans and preserve traditional art forms.
Underlying macroeconomic factors: India's growing middle class and rising disposable incomes are significant drivers of the furniture market. As more people move into the middle class, they have more purchasing power and are willing to invest in furniture that enhances their living spaces. Additionally, rapid urbanization and the increasing number of nuclear families are driving the demand for furniture in India. As more people move to cities and live in smaller apartments, there is a need for compact and space-saving furniture. Furthermore, government initiatives such as "Make in India" and the implementation of the Goods and Services Tax (GST) have also had a positive impact on the furniture market. These initiatives have streamlined the manufacturing and distribution processes, making it easier for both domestic and international players to operate in the Indian market. In conclusion, the Furniture market in India is experiencing growth due to changing customer preferences, including a preference for modern and eco-friendly designs, the rise of online furniture shopping, and the demand for customized and traditional furniture. Favorable macroeconomic factors such as a growing middle class, rising disposable incomes, rapid urbanization, and government initiatives are also driving the market. As the Indian economy continues to grow, the furniture market is expected to expand further in the coming years.
Methodology
Data coverage:
Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is categorized by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen & Dining room, Outdoor, Home Office, and Baby & Children's Furniture. The Furniture market also includes Lamps and Lighting and Home Décor because the furnishings and accessories within these categories are not specific to any room.Modeling approach / Market size:
Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.Additional Notes:
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.Consumer
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Key Market Indicators
Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update:
Source: Statista Market Insights
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