Increasing work from home trend across corporates is expected to drive the growth of India work from home furniture market
According to TechSci Research report, “India Work From Home Furniture Market By Type (Study Table, Storage, Sofa, Pouffe, Bean Bag, Ottoman, Recliner, Chair, Others), By Material (Wood, Plastic, Leather, Metal, Others), By Distribution Channel (Exclusive Showrooms, Supermarkets/Hypermarkets, Online and Other Furniture Retail Outlets), By Region, Forecast & Opportunities, FY2026”, the India work from home furniture market is expected to grow at a steady rate during the forecast period on account of the growing BYOD trend across corporate enterprises. Additionally, widespread adoption of cloud-based solutions and shifting of companies to cloud environment is expected to increase the popularity of work from home culture. This in turn is expected to increase the demand for supportive furniture such as desk, chair, pouffe, bean bags, among others, which can aid in improving overall work from home experience. Additionally, the need of comfortable and formal workspace like environment at home is further expected to fuel the market growth through FY2026. Furthermore, growing need to keep work related stuff, documents, laptops, among others organized is expected to propel the market growth over the next few years. Besides, technological advancements and new product launches by the major players operating in the market is further expected to create lucrative opportunities for the market growth. However, lack of adoption of work from home culture across enterprises might restrict the market growth during the forecast period. Also, internet connectivity and speed issues might hamper the work from home job, thereby impeding the market growth across the country.
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The India work from home furniture market is segmented based on type, material, distribution channel, company and region. Based on type, the market can be categorized into study table, sofa, pouffe, bean bag, ottoman, recliner, chair and others. Here, the recliner segment is expected to grow significantly on account of the associated benefits such as improved comfort, option of alternative sitting positions, protection from pressure sores and backpain, among others. Based on material, the market can be grouped into wood, plastic, leather, metal and others. Among these, leather segment is expected to witness significant growth on account of the growing demand for sofa, bean bag, recliner, ottoman, among others. Based on distribution channel, the market can be fragmented into exclusive showrooms, supermarkets/hypermarkets, online and other furniture retail outlets. Based on distribution channel, the market can be fragmented into exclusive showrooms, supermarkets/hypermarkets, online and other furniture retail outlets. Out of these, the supermarkets/hypermarkets segment is expected to hold significant market share owing to the availability of wide range of product and pricing options available in these outlets. However, the online segment is expected to witness significant growth owing to the associated benefits such as doorstep delivery, availability of discounts & a wide range of payment options, time saving, availability of wide range of products, competitive pricing options, among others.
Godrej & Boyce Manufacturing Company Limited, Nilkamal Limited, IKEA India Private Limited, Haworth India Private Limited, Durian Industries Limited, Forte Furniture Products India Private Limited, Featherlite Office Systems Pvt. Ltd., Usha Shriram Enterprises Pvt. Ltd., Damro Furniture Private Limited, Dynasty Modular Furniture Pvt. Ltd. and others are some of the leading players operating in India work from home furniture market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.
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“India work from home furniture market is expected to register significant growth during the forecast period, owing to the widespread adoption of work from home culture by different corporates and SMEs across the country. Additionally, with the sudden outbreak and spread of pandemic COVID-19, with no potential medicine or vaccine in the line, is forcing the companies to work under remote conditions. The companies operating in the country find work from home as a viable long term option for protecting their employees and maintaining the business also. This in turn is expected to increase the demand for supportive furniture to improve and enhance the overall work from home experience.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Work From Home Furniture Market By Type (Study Table, Storage, Sofa, Pouffe, Bean Bag, Ottoman, Recliner, Chair, Others), By Material (Wood, Plastic, Leather, Metal, Others), By Distribution Channel (Exclusive Showrooms, Supermarkets/Hypermarkets, Online and Other Furniture Retail Outlets), By Region, Forecast & Opportunities, FY2026”,” has evaluated the future growth potential of India work from home furniture market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India work from home furniture market.