India Home Decor Market (2025-2031) | Outlook, Forecast, Growth, Size, Value, Companies, Trends, Industry, Share, Analysis & Revenue

India Home Decor Market Growth Rate

According to 6Wresearch internal database and industry insights, the India Home Decor Market is growing at a compound annual growth rate (CAGR) of 6.95% during the forecast period (2025-2031).

Five-Year Growth Trajectory of the India Home Decor Market with Core Drivers

Below mentioned are the evaluation of year-wise growth rate along with key drivers:

Topics Covered in the India Home Decor Market Report

India Home Decor Market report thoroughly covers the market by product type, application type, and distribution channels. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.

India Home Decor Market Highlights

India Home Decor Market Synopsis

The India Home Decor Market is expected to grow significantly. The market is driven by increasing consumer preference towards stylish and modular décor. Higher spending power of consumers and increasing urbanization are major drivers of the market. While strong support can be seen by the government for boosting up the industry expansion under the Make in India initiatives. Furthermore, the increased expansion of e-commerce platforms has enabled its adoption throughout India.

Evaluation of Growth Drivers in the India Home Decor Market

Below mentioned some growth drivers and their impact on market dynamics:

The India Home Decor Market is expected to grow significantly, with a CAGR of 6.95% during the forecast period of 2025-2031. The India Home Decor Market is expected to grow robustly. The market is mainly driven by increasing urbanization and the high spending power of consumers. Additionally, growing technological advancements have led to an increase in sales for modular designs and stylish home décor products. Increased usage of online purchasing platforms has boosted this industry expansion in multiple areas of India. A higher demand for eye-pleasing aesthetic wall tiles and furniture can be seen increasingly among the customers of India.

Evaluation of Restraints in the India Home Decor Market

Below mentioned are some major restraints and their influence on market dynamics:

India Home Decor Market Challenges

The India Home Decor Market faces multiple challenges, in spite of having strong growth prospects. Major challenges of this market include high pricing of décor materials and strong competition between local and foreign brands. Additionally, even after the growth of online sales, logistics and delivery problems are major challenges for this industry, as the décor materials are fragile and can be damaged by rough handling. The market demand is evolving constantly, thus making it difficult for market players to predict customer choices and preferences.

India Home Decor Market Trends

Some major trends contributing to the development of the India Home Decor Market growth are:

• Increased Online & Omni-Channel Retail: Growth of e-commerce platforms is broadening reach and transforming how décor is bought. 
• Premiumisation & Customisation: Consumers show higher appetite for design-led, personalised décor and furnishings. 
• Sustainability & Eco-Materials: Rising demand for eco-friendly décor materials and sustainable production practices. 
• Expansion into Tier-2 & Tier-3 Cities: Brands increasingly target smaller cities with growing buying power. 
• Interactive & Smart Décor Solutions: Use of digital platforms and AR/VR for décor visualisation is emerging. 

Investment Opportunities in the India Home Decor Market

Here are some investment opportunities in the India Home Decor Industry:

• Online & D2C Platforms: Investing in direct-to-consumer and omni-channel models to capture digital growth.
• Local Manufacturing & Backward Integration: Scaling domestic production of décor goods to reduce import reliance.
• Design-led & Custom Products: Developing modular and customisable décor to appeal to design-conscious consumers.
• Sustainability & Eco-Friendly Décor: Offering environmentally-responsible décor products to meet new consumer expectations.
• Geographic Expansion: Targeting tier-2 and tier-3 cities and semi-urban homes with affordable décor solutions.

Top 5 Leading Players in the India Home Decor Market

Here are some top companies contributing to India Home Decor Market Share:

1. IKEA India

Global home décor and furniture brand offering modular furniture, storage solutions and affordable design-friendly décor for Indian households.

2. Pepperfry Pvt. Ltd.

Online furniture and home décor marketplace with strong omni-channel presence and customization options for consumers across India.

3. Godrej & Boyce Manufacturing Co. Ltd. (Furnishings Division)

Indian heritage brand providing home furniture, storage and décor solutions, emphasising local manufacturing and sustainable products.

4. Wakefit Innovations Pvt. Ltd.

Direct-to-consumer brand offering mattresses, sofas and storage furniture with a focus on value, online distribution and modern design.

5. Urban Ladder (Flipkart Group)

Design-led brand offering modular furniture, décor products and curated collections, combining online reach with flagship stores and experiential retail.

Government Regulations Introduced in the India Home Decor Market

According to Indian government data, The Indian government promotes domestic furniture and home décor manufacturing through initiatives like the “Vocal for Local” campaign and the Production Linked Incentive (PLI) scheme. These policies encourage local value addition, enhance supply chains, boost export competitiveness, and support overall sector growth. By incentivizing manufacturers and suppliers, the initiatives aim to strengthen the home décor industry, increase employment opportunities, and position India as a key player in both domestic and global furniture and décor markets.

Future Insights of the India Home Decor Market

The India Home Decor Market is expected to have robust growth during the forecast period. The market is rapidly growing by increasing demand for aesthetic and eye-appealing home décor materials. Rising urbanization, growing disposable incomes and evolving consumer preferences for stylish interiors will propel demand. Digital and omni-channel retail expansion, premiumisation and penetration into smaller cities will accelerate market spread. Focus on sustainability, design innovation and local manufacturing will further strengthen competitiveness, offering long-term opportunities for manufacturers and retailers.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Furniture to Dominate the Market - By Product Type

According to Guneet Kaur, Senior Research Analyst, 6Wresearch, the furniture segment is the fastest growing due to rising consumer preference for modular, space-saving designs. Stylish, functional furniture is increasingly used in modern homes, driving growth in both urban and semi-urban areas.

Indoor to Dominate the Market – By Application Type

The indoor segment is witnessing rapid growth as consumers focus on creating aesthetically pleasing interiors. Home décor items like wall art, lighting, and decorative accents are increasingly adopted to enhance living spaces, promoting comfort, style, and personalization in homes.

Online Stores to Dominate the Market – By Distribution Channel

The online distribution channel is the fastest growing due to increasing e-commerce adoption and convenience. Consumers prefer browsing and purchasing home décor products online, accessing a wide variety of designs, competitive pricing, and doorstep delivery, which significantly boosts sales.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Home Decor Market Outlook
• Market Size of India Home Decor Market, 2024
• Forecast of India Home Decor Market, 2031
• Historical Data and Forecast of India Home Decor Revenues & Volume for the Period 2021 - 2031F
• India Home Decor Market Trend Evolution
• India Home Decor Market Drivers and Challenges
• India Home Decor Price Trends
• India Home Decor Porter's Five Forces
• India Home Decor Industry Life Cycle
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Product Type for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Furniture for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Textile for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Flooring for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Others for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Application Types for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Indoor for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Outdoor for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Distribution Channels for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Home D cor Stores for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Gift Shops for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Online Stores for the Period 2021 - 2031F
• Historical Data and Forecast of India Home Decor Market Revenues & Volume By Others for the Period 2021 - 2031F
• India Home Decor Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Application Types
• Market Opportunity Assessment By Distribution Channels
• India Home Decor Top Companies Market Share
• India Home Decor Competitive Benchmarking By Technical and Operational Parameters
• India Home Decor Company Profiles
• India Home Decor Key Strategic Recommendations

Market Covered

The report subsequently covers the market by following segments and subsegments:

By Product Type

• Furniture
• Textile
• Flooring
• Others

By Application Types

• Indoor
• Outdoor

By Distribution Channels

• Supermarkets and Hypermarkets
• Home Decor Stores
• Gift Shops
• Online Stores
• Others