Research and Intelligence
India Furniture Industry is projected to exhibit robust growth, driven by rising urbanization, increasing disposable income, and a growing preference for modern and stylish furniture. The market is expected to witness significant expansion in the coming years, with a promising outlook for the industry.
The Philippines Furniture Industry stands as a global powerhouse, showcasing a diverse range of exquisite furniture designs, from classic to contemporary, handcrafted from indigenous materials to cater to the discerning tastes of international clientele.
According to CRI, the Philippines furniture industry is poised for significant growth, with expectations to reach a market value of US$ 1,715 million in 2033, with a compound annual growth rate of 8.2% from 2024 to 2033.
