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Market Research India - Branded Furniture Market in India 2009

Market Research India - Branded Furniture Market in India 2009

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Published by: Netscribes, Inc. on Jul 13, 2012
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05/25/2013

 
November
 
2009
 
Executive
 
Summary
Market
Branded
 
furniture
 
market
 
is
 
valued
 
at
 
INR
 
58
 
bn
 
in
 
2008;
 
expected
 
to
 
reach
 
INR
 
165
 
bn
 
in
 
2012
 
The
 
overall
 
furniture
 
market
 
is
 
85%
 
unorganized
Market
 
for
 
branded
 
furniture
 
in
 
India
 
is
 
mainly
 
concentrated
 
in
 
cities
Drivers
 
&
 
r vers:
 – 
Increase
 
in
 
Disposable
 
Income
 – 
Reduction
 
in
 
Import
 
Duties
 – 
Growth
 
in
 
Real
 
Estate
 
Sector
 – 
a enges:
 – 
Reduction
 
in
 
Timber
 
Harvest
 – 
FDI
 
Regulations
 – 
Market
 
Restricted
 
to
 
Cities
a enges
 
 – 
Rising
 
Quality
 
Consciousness
 
amongst
 
Indian
 
Consumers
 – 
Growth
 
in
 
IT
 
&
 
ITES
 
Sector
 – 
Growth
 
in
 
Tourism
Trends
Forward
 
Integration
Kids
 
Furniture
 
gaining
 
popularity
Rising
 
Popularity
 
of 
 
Traditional
 
Furniture
Modular
 
Kitchens
Use
 
of 
 
Recycled
 
Wood
Use
 
of 
 
Innovative
 
Materials
Furniture
 
companies
 
operate
 
both,
 
through
 
direct
 
selling
 
in
 
the
 
market
 
and
 
through
 
distributors
2
BRANDED
 
FURNITURE
 
MARKET
INDIA
 
er
 
se ng
 
s r u on
 
mo e ,
 
compr s ng
 
o
 
e
 
s r u or,
 
w o esa er
 
an
 
re a er
 
s
 
popu ar
Market
 
has
 
witnessed
 
entry
 
of 
 
specialty
 
furniture
 
chains
 
in
 
furniture
 
retailing
 
Market
 
Overview
 
•Trends•Key
 
Developments
3
BRANDED
 
FURNITURE
 
MARKET
INDIA

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