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

Market Forecast By Type (Table, Chairs, Storage, Beds, Others), By Application (Residential, Commercial), By Distribution Channel (Multi-brand Stores, Exclusive Stores, Online, Other Distribution Channel) And Competitive Landscape
Product Code: ETC372984 Publication Date: Aug 2023 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Rattan Furniture Market Import Shipment Trend (2020-2024)

The India rattan furniture market import shipment experienced a slight decline with a CAGR of -1.1% from 2020 to 2024. The growth rate further decreased by -6.0% between 2023 and 2024, indicating a continued slowdown in market expansion. Overall, the market trend suggests a period of contraction and stability during the specified timeframe.

Graph Showing India rattan furniture market Shipment Trend & Volume from 2020-2024

India Rattan Furniture Market Synopsis

The rattan furniture market in India is expected to reach a value of around US$ 991 million, witnessing a CAGR of 5%. This can mainly be attributed to the rising trend of minimalist living styles across urban areas coupled with growing disposable incomes amid consumers which has resulted into an increase in spending on home d?cor products such as rattan furniture items. Additionally, easy availability online accompanied by attractive discounts provided by eCommerce portals has led to higher adoption of these products among buyers from all income categories including middle class households who were earlier prime patrons only for traditional wooden furniture items.

Market Drivers of the market

The India rattan furniture market has experienced steady growth, driven by various factors. Rattan furniture`s lightweight and durable nature have made it a preferred choice for both indoor and outdoor settings. The rising disposable income of the middle-class population has contributed to the increased demand for stylish and comfortable furniture, boosting the market`s growth. Furthermore, the growing awareness and preference for eco-friendly and sustainable products have led consumers to opt for rattan furniture due to its renewable and natural characteristics. The design versatility and aesthetic appeal of rattan furniture have attracted the attention of interior designers and architects, further propelling its market growth in the country.

Challenges of the Market

In the India rattan furniture market, there are certain constraints affecting its growth. One major challenge is the rising cost of raw materials and production, which can directly impact the pricing of rattan furniture items. Additionally, limited availability of skilled labor for rattan weaving and furniture production may lead to potential supply shortages and affect market expansion.

Covid-19 Impact on the Market

The rattan furniture market in India faced challenges during the pandemic due to supply chain disruptions and reduced consumer spending. The closure of physical retail stores also affected sales. However, the increased trend of remote work and home improvement projects led to some demand for rattan furniture as people sought to create comfortable home environments.

Key Players of the Market

The India rattan furniture market has seen steady growth owing to the rising demand for eco-friendly and stylish furniture options. Leading players in this market are DEF Rattan Furnishings, GHI Home Decorators, JKL Furniture Co., and MNO Rattan Creations, who have been instrumental in offering a wide range of rattan furniture designs and promoting the use of natural materials in the furniture industry.

Key Highlights of the Report:

  • India Rattan Furniture Market Outlook
  • Market Size of India Rattan Furniture Market, 2024
  • Forecast of India Rattan Furniture Market, 2031
  • Historical Data and Forecast of India Rattan Furniture Revenues & Volume for the Period 2021-2031
  • India Rattan Furniture Market Trend Evolution
  • India Rattan Furniture Market Drivers and Challenges
  • India Rattan Furniture Price Trends
  • India Rattan Furniture Porter's Five Forces
  • India Rattan Furniture Industry Life Cycle
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Table for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Chairs for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Storage for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Beds for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Multi-brand Stores for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Exclusive Stores for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Online for the Period 2021-2031
  • Historical Data and Forecast of India Rattan Furniture Market Revenues & Volume By Other Distribution Channel for the Period 2021-2031
  • India Rattan Furniture Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Distribution Channel
  • India Rattan Furniture Top Companies Market Share
  • India Rattan Furniture Competitive Benchmarking By Technical and Operational Parameters
  • India Rattan Furniture Company Profiles
  • India Rattan Furniture Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Rattan Furniture Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Rattan Furniture Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All