India Upholstered Furniture Market Size

Statistics for the 2023 & 2024 India Upholstered Furniture market size, created by Mordor Intelligence™ Industry Reports. India Upholstered Furniture size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of India Upholstered Furniture Industry

India Upholstered Furniture Market Summary
Study Period 2020-2029
Base Year For Estimation 2023
Market Size (2024) USD 11.21 Billion
Market Size (2029) USD 15.62 Billion
CAGR (2024 - 2029) 6.86 %
Market Concentration High

Major Players

India Upholstered Furniture Market Major Players

*Disclaimer: Major Players sorted in no particular order

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India Upholstered Furniture Market Analysis

The India Upholstered Furniture Market size is estimated at USD 11.21 billion in 2024, and is expected to reach USD 15.62 billion by 2029, growing at a CAGR of 6.86% during the forecast period (2024-2029).

The Indian upholstered furniture market is growing rapidly in the Asia-Pacific region. Upholstered furniture refers to furniture that has fabric in close contact with padding materials, such as seats and other internal surfaces. It is a craft used for covering works on seating and chairs for soft furniture, including fixed fabric. In addition to providing smooth fabric covers over the seating surfaces, it is also used to support the furniture through springs and coils. Modern manufacturers have introduced upholstered furniture with various shapes, sizes, and aesthetic appeal using pure craftsmanship. The materials used in crafting an upholstered fabric include cotton, linen, silk, polyester, and leather. The product is often lightweight and has the property of resilience.

The upholstered furniture market in India has been growing at a rapid pace due to various factors. The increase in disposable household income, rise in the number of middle-class households, and rapid urbanization rate have contributed significantly to this growth. The market is mainly driven by the significant increase in the import and export of luxury and comfortable wooden furniture among countries and the proliferation of the e-commerce or online shopping industry. Moreover, the need for less capital investment for an upholstered furniture factory has also contributed to the growth of this market. The Indian government is also investing in infrastructure development, which is expected to fuel the growth of this market further during the forecasted period.

India Upholstered Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)