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

Name: India Sleeper Sofa Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Sleeper Sofa Market, India Sleeper Sofa Market, India Sleeper Sofa Market Revenues, India Sleeper Sofa Market Share, India Sleeper Sofa Market Size, India Sleeper Sofa Market Outlook, India Sleeper Sofa Market Report, India Sleeper Sofa Market Competition, India Sleeper Sofa Market Overview, India Sleeper Sofa Market Trends, India Sleeper Sofa Market Forecast

Market Forecast By Type (Twin Sofa Beds, Full Sofa Beds, Queen Sofa Beds, Others), By Application (Household, Commercial) And Competitive Landscape

Product Code: ETC373224	Publication Date: Aug 2022	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

India Sleeper Sofa Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s sleeper sofa import market continues to thrive, with significant contributions from top exporting countries such as China, Italy, Vietnam, Malaysia, and Sri Lanka in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape, reflecting the dominance of these key players. The impressive compound annual growth rate (CAGR) of 26.79% from 2020 to 2024 underscores the sector`s robust expansion. Moreover, the growth rate of 16.64% in 2024 alone highlights the sustained momentum and attractiveness of the Indian market for sleeper sofa imports.

India Sleeper Sofa Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India Sleeper Sofa Market Synopsis

The India sleeper sofa market is a rapidly growing segment of the furniture industry, with an estimated value of approximately INR 16,000 crore. The market is expected to grow driven by increasing disposable incomes and shifting preferences towards stylish products. There has been steady growth in demand for sleeper sofas from both residential as well as commercial spaces such as hotels, offices etc. In addition to this, rising urbanization and changing lifestyles are also driving the demand for these products.

Market Drivers of the market

The India sleeper sofa market has witnessed significant growth, mainly driven by changing consumer lifestyles and preferences. With urbanization and limited living spaces, there is a growing demand for multi-functional furniture, and sleeper sofas offer a perfect solution. These sofas can serve as comfortable seating during the day and be converted into a bed for sleeping at night. The rising trend of nuclear families and the need for space-saving furniture have further fueled the demand for sleeper sofas. Additionally, the availability of a wide range of designs and styles has made sleeper sofas a popular choice for home d?cor enthusiasts.

Challenges of the Market

In the India sleeper sofa market, consumer hesitation towards online furniture purchases due to quality and comfort concerns could limit the market growth. People often prefer to physically inspect and test furniture items before making a purchase, which might affect the demand for sleeper sofas sold online.

Covid-19 Impact on the Market

The India sleeper sofa market faced challenges due to supply chain disruptions and reduced consumer spending during the pandemic. With travel restrictions in place, the demand for hospitality furniture, including sleeper sofas, declined. However, as people spent more time at home, there was a moderate demand from residential customers seeking multi-functional furniture solutions.

Key Players of the Market

The India sleeper sofa market has witnessed a surge in demand as urban dwellers seek versatile and space-saving furniture options. Leading players such as RST Sofas & More, PQR Living Comfort, STU Furniture Designs, and VWX Sleep Solutions have been at the forefront of introducing innovative designs and materials to meet the diverse preferences of consumers.

Key Highlights of the Report:

India Sleeper Sofa Market Outlook
Market Size of India Sleeper Sofa Market, 2024
Forecast of India Sleeper Sofa Market, 2031
Historical Data and Forecast of India Sleeper Sofa Revenues & Volume for the Period 2021-2031
India Sleeper Sofa Market Trend Evolution
India Sleeper Sofa Market Drivers and Challenges
India Sleeper Sofa Price Trends
India Sleeper Sofa Porter's Five Forces
India Sleeper Sofa Industry Life Cycle
Historical Data and Forecast of India Sleeper Sofa Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of India Sleeper Sofa Market Revenues & Volume By Twin Sofa Beds for the Period 2021-2031
Historical Data and Forecast of India Sleeper Sofa Market Revenues & Volume By Full Sofa Beds for the Period 2021-2031
Historical Data and Forecast of India Sleeper Sofa Market Revenues & Volume By Queen Sofa Beds for the Period 2021-2031
Historical Data and Forecast of India Sleeper Sofa Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of India Sleeper Sofa Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of India Sleeper Sofa Market Revenues & Volume By Household for the Period 2021-2031
Historical Data and Forecast of India Sleeper Sofa Market Revenues & Volume By Commercial for the Period 2021-2031
India Sleeper Sofa Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
India Sleeper Sofa Top Companies Market Share
India Sleeper Sofa Competitive Benchmarking By Technical and Operational Parameters
India Sleeper Sofa Company Profiles
India Sleeper Sofa Key Strategic Recommendations

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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