Product Code: ETC371604 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India folding furniture market was valued at around USD 1 billion in 2025 and is expected to reach a value of nearly USD 1.56 billion, registering a CAGR of 8% during the forecast period. The growing popularity of foldable furniture among consumers due to its space-saving ability and portability is driving the growth of this market in India. Furthermore, online availability with attractive discounts offered by vendors also contributes significantly towards its increased adoption across households nationwide. Additionally, more focus on improving customer experience through product innovation has resulted in an upsurge in demand for such products all over India.
The folding furniture market in India is witnessing steady growth, primarily due to several factors contributing to its popularity among consumers. One of the key drivers is the growing trend of compact and space-saving furniture solutions in urban areas where living spaces are limited. Folding furniture offers the advantage of versatility and functionality, allowing users to save space when not in use and easily set up when needed. The rising number of small apartments and studio living spaces has driven the demand for folding furniture, making it a practical choice for urban dwellers. Additionally, the ease of transportation and storage offered by folding furniture makes it popular among the mobile and transient population, such as students and young professionals. Furthermore, the increasing preference for modular and flexible furniture solutions that can adapt to changing needs and interior styles has boosted the demand for folding furniture in the India market. As consumers seek affordable and practical furniture options, the folding furniture market is expected to continue its growth trajectory in India.
One of the key challenges is the perception of folding furniture as temporary and less durable compared to traditional furniture, which can affect consumer confidence in these products. The need for high-quality materials and reliable folding mechanisms is crucial to overcome this perception and ensure long-term durability. Additionally, the price sensitivity of consumers can be a challenge, as folding furniture may be perceived as costlier than traditional furniture options. Manufacturers need to emphasize the space-saving and multi-functional benefits of folding furniture to attract price-conscious consumers.
The folding furniture market in India has witnessed substantial growth in recent years, driven by the need for space-saving and versatile furniture solutions. The space constraints in urban areas, coupled with an increasing trend of compact living spaces, have led to a higher demand for folding furniture that offers flexibility and easy storage options. However, the outbreak of the COVID-19 pandemic in 2025 brought unique challenges to the industry. With lockdowns and restrictions in place, the furniture market faced disruptions in manufacturing, supply chain, and retail operations. The pandemic`s impact was particularly evident in the hospitality and event sectors, where folding furniture is commonly used for its portability and convenience. These sectors experienced significant declines, affecting the demand for folding furniture. However, as restrictions eased and people gradually adapted to the new normal, the market witnessed a resurgence in demand for folding furniture for residential use. Consumers sought functional and space-saving solutions to accommodate their changing needs during the pandemic. With work-from-home arrangements and remote learning becoming prevalent, folding furniture, such as folding desks and chairs, gained popularity for creating flexible home workspaces. As the COVID-19 situation continues to evolve, the folding furniture market is expected to evolve with changing consumer preferences and demands, finding new applications beyond its traditional uses.
The folding furniture market in India has experienced growth, primarily driven by the demand for space-saving and versatile furniture solutions. Key players in this market include companies like Nilkamal Limited, Durian Industries Ltd., Godrej Interio, and Urban Ladder Home Decor Solutions Pvt. Ltd. These companies offer a diverse range of folding furniture, including folding chairs, tables, and beds, catering to urban dwellers and small living spaces. They focus on lightweight materials, innovative designs, and ease of storage.