According to SPER Market Research, the India Online Furniture and Home Decor Market is estimated to reach USD XX billion by 2032 with a CAGR of 37.05%. Online Furniture & Home Décor is the act of buying furniture and home decor products via the internet, which allows individuals to conveniently shop from home and access a broad selection of products that may not be available in nearby stores. Customers can purchase furniture for various rooms in their homes, such as the living room, bedroom, and kitchen, in addition to decorative items like curtains, rugs, and wall hangings. Many online stores also offer customization options to personalize furniture and decor according to individual preferences. Overall, online shopping for furniture and home decor is a hassle-free and effective way to enhance the appearance of a home without leaving one’s residence.
India Online Furniture and Home Decor Market Overview (2022-2032)
- Forecast CAGR (2022-2032): 37.05%
- Forecast Market Size (2032): XX billion
The India Online Furniture and Home Decor Market has witnessed substantial expansion in recent times and is projected to grow at a positive CAGR of 37.05% throughout the forecast period, supported by various factors. The spread of e-commerce in India has made it more convenient for customers to purchase furniture and home decor products online. With the increasing availability of the internet and smartphones, consumers can easily access online stores from anywhere and at any time.
Impact of COVID-19 on India Online Furniture and Home Decor Market
In India, the COVID-19 pandemic has resulted in a rise in online furniture and home decor shopping as people stay indoors more. However, disruptions in the supply chain and logistics have led to shipping delays and increased costs, negatively impacting customer satisfaction. There have been changes in consumer behaviour and preferences, including a demand for ergonomic furniture and sustainable products. Consequently, the industry must adapt to meet the changing needs of customers, which presents opportunities for growth and innovation.
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India Online Furniture and Home Decor Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Pepperfry, Home Town, Home Centre, At Home by Nilkamal, Godrej Interio, Urban Ladder (Reliance Retail), IKEA, Space Wood, Durian.
India Online Furniture and Home Decor Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
By Product Category:
- Furnishing & Home Decor
By Furniture Items:
- Sofa Sets
- Dining Furniture
- Chairs & Tables
By Furnishings & Home Decor:
- Table Décor & Wall Décor
- North India
- South India
- East India
- West India
This report also provides the data for key regional segments of North India, South India, East India, West India.
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