February 17, 2017
Indian furniture market to surpass $27 Billion by 2022
The furniture market in India is anticipated to cross $27 Billion by 2022, on account of expanding working population base, rising number of household units and increasing disposable income. Moreover, growing awareness regarding newer designs of furniture and changing consumer lifestyle are also expected to aid the country’s furniture market over the next five years. According to TechSci Research, a company specialising in research in high growth and emerging markets, the increase in construction activities, primarily of premium apartments, in India is another major factor responsible for growing demand for furniture ...
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