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Distribution in India. When furniture consumption peaks

2014-05-02
Distribution in India. When furniture consumption peaks

India is one of the main furniture markets in the world, due to a huge domestic market of over 1.2 billion inhabitants. According to CSIL brand new report "Furniture Distribution in India", local furniture consumption is expanding rapidly and reached a new peak of US$ 14.8 billion in 2013, over three times higher than in 2002. A further 4%-5% yearly increase is forecasted for the coming two years. Market values are considered at retail prices and include both furniture and furnishings (decorative lighting, mattresses, accessories and other home related items).

 

 

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