India - Wooden Furniture of A Kind Used in Offices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndia: Wooden Office Furniture Market 2024
Wooden Office Furniture Market Size in India
The Indian wooden office furniture market dropped significantly to $X in 2023, with a decrease of X% against the previous year. Overall, consumption showed a deep downturn. Wooden office furniture consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.
Wooden Office Furniture Production in India
In value terms, wooden office furniture production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Wooden office furniture production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.
Wooden Office Furniture Exports
Exports from India
In 2023, wooden office furniture exports from India dropped modestly to X units, remaining relatively unchanged against 2022 figures. Over the period under review, exports, however, saw mild growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at X units in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.
In value terms, wooden office furniture exports declined to $X in 2023. Overall, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
Exports by Country
The United States (X units) was the main destination for wooden office furniture exports from India, with a X% share of total exports. Moreover, wooden office furniture exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. The third position in this ranking was held by Germany (X units), with an X% share.
From 2012 to 2023, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).
In value terms, the United States ($X) remains the key foreign market for wooden furniture of a kind used in offices exports from India, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with an X% share.
From 2012 to 2023, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).
Export Prices by Country
In 2023, the average wooden office furniture export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2023, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per unit) and Canada ($X per unit), while the average price for exports to Oman ($X per unit) and Belgium ($X per unit) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Office Furniture Imports
Imports into India
For the third year in a row, India recorded decline in purchases abroad of wooden furniture of a kind used in offices, which decreased by X% to X units in 2023. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2023, imports remained at a lower figure.
In value terms, wooden office furniture imports shrank markedly to $X in 2023. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
China (X units), Malaysia (X units) and Italy (X units) were the main suppliers of wooden office furniture imports to India, together comprising X% of total imports. Sri Lanka, Singapore, Hong Kong SAR, Finland, South Korea, the United States, Poland and Germany lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.
In value terms, China ($X), Malaysia ($X) and Italy ($X) appeared to be the largest wooden office furniture suppliers to India, with a combined X% share of total imports. Sri Lanka, Singapore, Hong Kong SAR, Finland, South Korea, Poland, the United States and Germany lagged somewhat behind, together accounting for a further X%.
Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In 2023, the average wooden office furniture import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, continues to indicate a mild decline. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from South Korea ($X per unit) and Singapore ($X per unit), while the price for Italy ($X per unit) and the United States ($X per unit) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the wooden office furniture market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31011200 - Wooden furniture of a kind used in offices
- Prodcom 31021000 - Kitchen furniture
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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