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Imported furniture with big brands growing popularity in asian market

Home Improvement

(Free Press Release) new report was publish about Branded Furniture - India covering the Indian Furniture Industry. The report is part of the Consumer Durables Industry Series.

Imported furniture with big brands growing popularity in asian market


      

Branded and imported Furniture Market - The Branded Furniture market is estimated at INR 58 bn in 2008; expected to reach INR 165 bn in 2012. Branded furniture comprises of Domestic and Commercial furniture segments. Market is dominated (home improvement  by the Domestic (home improvement) segment. ( http://www.bharatbook.com/Market-Research-Reports/Branded-Furniture-India.html )

The report provides a clear image of the market. An overview gives a quick picture of the market with estimated market size, growth rate and revenue split between the residential and commercial segments. An analysis of drivers reveals that increase in disposable income, reduction in import duties, growth in real estate sector, rising quality consciousness amongst Indian consumers, growth in IT & ITES Sector, growth in tourism, growth in organized retail is driving growth in this sector. The key challenges identified include reduction in timber harvest, FDI Regulations, market restricted to Cities.The report identifies the current market trends including rising popularity of traditional furniture, modular kitchens, use of innovative materials, use of recycled wood, forward integration and rising popularity of kids furniture.

The competitive landscape profiles the major players in this sector in terms of their business description. The report also provides details key developments in this sector.The drivers and challenges explain the factors influencing growth of the industry and briefly analyzes the major issues/challenges hindering growth. The report also highlights the current market trends.

 

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http://www.bharatbook.com/Market-Research-Reports/Branded-Furniture-India.html

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Imported furniture with big brands growing popularity in asian market

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