Albany, NY -- (SBWIRE) -- 05/19/2017 -- The office furniture market in India is fragmented with the unorganized sector dominating the market. The unorganized sector is reported to account for over 75% of the office furniture market and the remaining is held by the organized sector. Earlier, the market was dominated by Indian companies; however, now there are many foreign players entering the Indian market. With more innovative designs flooding the market, the demand for modular offices is increasing.

The office furniture market in India to grow at a CAGR of 20.11% during the period 2017-2021. The report covers the present scenario and the growth prospects of office furniture market in India for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of office furniture in India.

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Technavio's report, Office Furniture Market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Godrej & Boyce
- Featherlite
- Zuari Furniture
- Durian
- DAMRO

Other prominent vendors
- hlsta
- Fab Furnish.com
- Nilkamal
- pepperfry.com
- Urban Ladder
- Wipro Furniture
- IKEA
- AFC SYSTEMS
- Boss's Cabin
- Stellar Furniture & Lifestyle

Market driver
- Direct sales approach
- For a full, detailed list, view our report

Market challenge
- Fluctuating prices of raw materials
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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