Furniture Industry In India Wiki

The furniture sector only makes a marginal contribution to the formation of gdp representing just a small percentage.

Furniture industry in india wiki.

The modern manufacture of furniture as distinct from its design is a major mass production industry in europe the u s and other advanced regions. Their product range consists mainly of custom plastic mouldings plastic furniture crates and containers. Indian furniture industry 2. And ikea india private limited.

The high cost of quality and durable furniture in india is the major restraint for furniture industry. The luxury furniture market is expected to garner 27 01 billion by 2020 registering a cagr of 4 1 during the forecast period. It is the world s largest manufacturer of moulded furniture and asia s largest processor of plastic moulded products. Some of the major players operating in india furniture market are godrej boyce manufacturing company limited nilkamal limited durian industries limited forte furniture products india private limited haworth india private limited featherlite office systems pvt.

The most popular forms of indian furniture include home garden furniture office furniture kitchen furniture bedroom. Scenario of furniture industry in india the range of indigenous furniture available in india includes both residential and contract system furniture with an increased concentration in office and household furniture. It is very largely a 20th century industry its development having. Furniture industry in india 1.

The high cost of wood and leather further increase the cost of overall furniture product. Forecast for the industry. Furniture refers to movable objects intended to support various human activities such as seating e g chairs stools and sofas eating and sleeping e g beds furniture is also used to hold objects at a convenient height for work as horizontal surfaces above the ground such as tables and desks or to store things e g cupboards and shelves. From wikipedia the free encyclopedia nilkamal limited is a plastic products manufacturer based in mumbai india.

Indian furniture industry is considered as a non organized sector with handicraft production accounts for about 85 of the furniture production in india. According to a study by the world bank india s organised furniture industry is expected to grow 20 per annum over the next few years and is projected to cross us 32 billion by 2019.