The Office Furniture Market in India

Abstract

With a population of 1,123 million, India is the second most populated country in the world (16% of the total world population). The furniture industry in India is highly fragmented; the 85% of the national furniture production comes from small size firms. On the contrary, the office furniture segment display a higher degree of industrial concentration, in particular the sector of metal and plastic furniture. India, due to the shortage of timber resources, is forced to import them from the neighbouring countries; the sector of wooden furniture is therefore concentrated in States where forests are more readily attainable

The Indian office furniture production is estimated to amount to around US$ 1.6 billion, 40% is operative desking.

The research The office furniture market in India is based on field studies involving direct interviews with roughly 100 sector firms and distributors. In addition to the data collected through the direct survey, we have also used and uniformly processed data from the balance sheets of some firms and from their annual reports or from articles in the specialist press.

The report provides trends in office furniture production and consumption, office furniture imports and exports. Trade data are analized by country and by geographical area as well as by product type (office furniture including / excluding seating).

Prices, factors determining the demand for furniture are examined, as well as furniture supply structure.

Short profiles and sales of major Indian office manufacturers and of foreign office furniture manufacturers operating in India are also provided.

The analysis of office furniture distribution channels covers: direct sales and contract, independent dealers, mail orders and e-commerce

The analysis of consumption trends by product and material is based on some direct interviews with dealer, importer and manufacturer company belonging to different Indian States.

Products considered: seating, operative desking, executive furniture, others (cabinets and office storage, filing systems, wall-to-wall units, furniture for communication areas).

Appendices of Indian manufactuer, Indian importers, dealers and contractors, Foreing manufacturers. Contact details, activity and product offer is provided. Additional information is included when available (size, traded brands, distribution channels).