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How to Successfully Export Furniture from India: A Comprehensive Guide
India has become a significant player in the global furniture market, known for its rich cultural heritage and skilled craftsmanship. The country's furniture exports range from luxurious designer pieces to affordable minimalist designs. This article will guide you through the process of furniture export from India, highlighting key market insights, popular export categories, and essential steps to ensure success.
The Booming Furniture Export Market
The global furniture market is experiencing substantial growth, and Indian furniture is in high demand. Here are some critical insights into the market:
Revenue Projections: The global furniture market is expected to generate $765 billion in revenue by 2024.
Growth Rate: The market is predicted to grow at a compound annual growth rate (CAGR) of 3.79% from 2024 to 2029.
Key Segments: Living room furniture is the largest segment, with an anticipated market volume of $223.60 billion by 2024.
Leading Markets: The United States is projected to lead in revenue, with an estimated $263 billion by 2024.
Types of Furniture Exported from India
India's diverse range of furniture exports caters to various tastes and preferences. The most popular categories include:
Wooden Furniture
Renowned for its beauty and durability, Indian wooden furniture is crafted from hardwoods like teak, rosewood, and sheesham. These pieces range from traditional to contemporary designs, often handcrafted by skilled artisans.
Upholstered Furniture
Indian upholstered furniture is available in a variety of styles and fabrics, making it a significant export category. These pieces can be both traditional and modern, catering to diverse markets.
Cane Furniture
Cane furniture, made from rattan or bamboo, is lightweight and durable. It is commonly used as outdoor furniture but is also suitable for indoor use.
Key Statistics and Insights on Furniture Exports
Let's delve into the specifics of India's furniture export market for 2023-24:
Total Shipments: 681.5K
Number of Exporters: 13,164
Major Export Markets: United States, France, Netherlands
Top Export Categories: HS Codes 94036000, 94016900, 94032090
India is the leading exporter of furniture globally, with significant shipments going to the United States, France, and the Netherlands.
Leading Furniture Exporters in 2024
Here's a list of the top furniture exporting countries in 2024:
China: $80,664.7 million
Germany: $14,106.9 million
Italy: $13,277 million
Vietnam: $12,889.6 million
Poland: $11,291.3 million
Mexico: $10,257.3 million
USA: $7,169.4 million
Canada: $5,069.1 million
Turkey: $4,515.7 million
Czechia: $4,419 million
China is projected to be the largest exporter, with a total value of $80.6 billion.
Top Furniture Exporters in India
Some of the leading furniture exporters in India include:
Aarshnik Impex
Woodoak Export
K.D. Craft Exports
Rajarana Impex Private Limited
Aayu Impex
Gulam Hussan Wood Carvers
Ideas Afresh Inc
Abadan Shipping Private Limited
M.K. International
Home Decor & Handicraft India
For the most updated list and detailed information on furniture exporters, visit Eximpedia.app.
Steps to Start Furniture export from India
1. Choose the Right Furniture Product
Selecting the appropriate furniture for export is crucial. Consider the target market's preferences and requirements.
2. Obtain Necessary Permits and Licenses
Ensure you have all required permits and licenses, including an export license, certification from the export promotion council, PAN card, bank statement, shipping bills, commercial invoice, and bill of lading.
3. Pack and Label the Furniture
Adhere to the export standards of the destination country for packing and labeling.
4. Find a Buyer
You can find buyers through trade fairs and online platforms like Eximpedia.app.
5. Negotiate Terms
Discuss and agree on the price, quantity, shipping terms, and payment terms.
6. Arrange Transportation
Use a freight forwarder or shipping company to handle transportation.
7. Document the Shipment
Ensure all necessary documentation is in order according to India's export regulations and the destination country.
8. Export the Furniture
Once everything is in place, you can proceed with the export.
Challenges in Exporting Furniture
Furniture export from India comes with its own set of challenges:
Varying Import Standards: Different countries have different standards, which can complicate the process.
Competition: There is stiff competition from other exporters.
Volatile Prices: Prices can fluctuate, impacting profitability.
Outdated Data: Having the latest import-export data is crucial.
Transportation Costs: These can be significant and need careful planning.
Conclusion
Furniture export from India can be a profitable venture with careful planning and execution. By following the outlined steps and staying informed with the latest data from Eximpedia.app, you can navigate the complexities of the global furniture market successfully. For further assistance and detailed insights, Eximpedia.app is your go-to resource for global trade data and market analysis.
#furniture export from India#furniture exporters in India#top furniture exporters in India#furniture exporters#furniture exports
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MANUFACTURER & EXPORTER
Digital Handicraft Company
MANUFACTURER & EXPORTER
Why Us
ü Genuine quality products.
ü Customization facility.
ü Competitive prices.
ü Wide distribution network.
We have collaborations in various countries that pool in more and more customers. We hope to create new bonds worldwide with more such ventures.
Features.
v HIGH QUALITY.
v COMPETITIVE PRICE.
v WIDE RANGE OF PRODUCTS.
v TIMELY DELIVERY.
v Global customer base.
High Quality
To maintain the quality of the Horn Bone and Indian Handcrafted Products stringent quality tests are conducted at every level of production.
Timely Delivery
We are very serious about time commitment. We give full assurance to our valued customers that we shall deliver the order given by them in specified time.
Know who we are|
The best Quality of Indian Arts
Digital Handicraft Company
We produce High Quality of Handcrafted Products.
We are the best manufacturer, Supplier & exporter of handmade products from India, Horn Products, Bone Products, Wooden Product & fashion accessories are our major production. We offer best quality handmade crafted products e.g. Horn Bone Button Blank, Horn Bone Toggle Buttons, Horn Cutlery, Horn Bone Plates/ Scales, Horn Rolls, Horn Optical frame/ Eye wear, Horn Bone Jewelry, Resin Jewelry, Brass Jewelry, Imitation Jewelry and all kinds of Indian Handcrafted products. Digital Handicraft is directly associated with the artists and craftsmen so the prices of the products are also very reasonable.
With our in-depth understanding of the handicraft industry in India, coupled with years of extensive experience, we have touched the pulse of the customers across the globe by offering handcrafted products that reflects the spirit and mystery of Indian cultures and traditions. Apart from having aesthetic value, our products are distinguished in the market for their competitive price and the quality of our products - which is the state of the art.
Our Team
Being a highly reputed organization, we have a team of highly skilled & qualified professionals. The presence of highly skilled artisans has made us to reach the new heights of success by bringing in timely changes in the design patterns so as to suit the changing presences and requirements of our clients. We have also hired a team of quality controllers and analysts who use to keep a stringent surveillance on the ongoing production processes, owing to which we have succeeded in restricting the flow of insufficient goods into the market.
Our team includes:
Ø Quality analyst
Ø Craftsmen
Ø Storekeepers
Ø Artisans
Ø Skilled laborers
Quality
Quality is the corner stone for our organization. To maintain the quality of the Horn Bone and Indian Handcrafted Products stringent quality tests are conducted at every level of production. Our talented quality control executives keep a close watch on the production to assure impeccable Handicraft Products.
Digital handicraft has been exporting beautiful handicraft of superb craftsmanship from its very establishment. It has been promoting the Handicraft products produced by genuine quality of Raw materials. To meet the soaring demands for the exquisite quality Indian Handicrafts, we have developed most sophisticated and well armed production house and a team of highly competent and gifted artisans with years of experience in this domain. The presence of highly capable team of workers ensures proper and cost efficient utilization of available resources. We have the services of highly artistic artisans who endeavor for making available a wide and contemporary range of artifacts and handicrafts. Large and highly capacious manufacturing facilities also played chief role in making us the most reliable market players of this sectors.
Our philosophy
Mission
To be a leading manufacturer, supplier & exporter of finest quality of handcrafted products through reasonable price, quality standard, transparency in dealing, honesty and integrity to our valued customers
Vision
To become the major manufacturer, supplier and exporter of Horn Bone Products and all kinds of Indian Handcrafted items.
Aim
To become the major manufacturer, supplier and exporter of Horn Bone Products and all kinds of Indian Handcrafted items.
Contact us
LET'S GET IN TOUCH
Feel free to be in reach us via this contact form and we shall get back to you with the closest convenience.
DIGITAL HANDICRAFT COMPANY
A: Digital Handicraft-300, New Colony Takiya road, Sarai Tareen Sambhal, Uttar-Pradesh -India
M: +91-9927830785 Office:- +91-7900702679
W: www.digitalhandicraft.com
MORE DETAILS OF PRODUCTS SEE OUR CATALOGUES
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#Handicraft exporters directory#Top handicraft exporters in India#Handicrafts Exporters in delhi#Top Handicraft Exporters in Jodhpur#Handicraft Export Promotion Council#Handicraft exporters websites#Indian handicrafts Export data#Handicraft export from India#Handicraft buyers in Australia#Handicraft buyers in Dubai#Handicraft buyers in India#Handicraft buyers List#Handicraft buyers in Europe#Handicraft buyers in Delhi#Handicraft buyers in Germany#Handicraft buyers in USA#Handicraft items wholesale market in Ahmedabad#Rajasthani Handicrafts wholesale#Indian handicrafts wholesale#Handicraft items manufacturers in India#Handicraft items manufacturers in Moradabad#Handicraft Wholesale Market in Jaipur#Handicraft items wholesale Market#handicrafts Wholesale Manufacturers#handicraft Items Wholesale market in Delhi#handicraft Wholesale market in india#handicraft Items wholesale market near me
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Incredible handmade wrought iron crafts from tribal artisans. Artisans are carrying forward their traditional form of art-making agricultural tools to home decor products. Reach us to know more products in this art. #decisionmakers #management #buyers #businesstobusiness #ironcraft #homedecor #christmas2020 #thanksgivingdecor #usa🇺🇸 #germany🇩🇪 #handicraft #belgium #italy #southamericabuyers #nigeriabusiness #africanbusiness #middleeastbusiness #gulfbusiness #ironworks #artisianmade #globaltrade #emergingmarkets #businessleaders #handmadejewelry #filigree #ceramics #crossbordertrade #stationery #stonecraft #geographicalindications (at Hyderabad) https://www.instagram.com/p/CGHDqbUgrFD/?igshid=i933vrfbfgqw
#decisionmakers#management#buyers#businesstobusiness#ironcraft#homedecor#christmas2020#thanksgivingdecor#usa🇺🇸#germany🇩🇪#handicraft#belgium#italy#southamericabuyers#nigeriabusiness#africanbusiness#middleeastbusiness#gulfbusiness#ironworks#artisianmade#globaltrade#emergingmarkets#businessleaders#handmadejewelry#filigree#ceramics#crossbordertrade#stationery#stonecraft#geographicalindications
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Traditionally Suzani refers to a wall-sized tapestry, but Americans don’t typically decorate their walls with small size tapestries so what they’ve done is they've taken the technique and created modern products to appeal to modern buyers. Suzani comes from the Persian word suzan which means needle. Suzani refers to the large wall hangings and it also refers to the hand-made embroidery technique the needle and thread embroidery technique.
The Ozara group is the handicraft arm of the National Association of Businesswomen of Tajikistan which is an organization that does lots of work in different fields with women and entrepreneurship and they have a very important presence in the country.
In 2011, the National Association of Business Women of Tajikistan, with help from international organizations, launched a project “Saving Our Heritage-Saving Ourselves (SOHSA)”, which has both contributed to the revival of the suzani (embroidery) tradition and provided women artisans of the country with income generating activities. The project has provided the marginalized women participating in the project with education and material support, including high quality raw materials, quality control and design, and especially promotion of handicrafts and artisans in international markets. The program has developed a large network of existing masters and artisans from around the entire country who are effectively transferring their knowledge to students through regular training.
The “Ozara” brand products are exported to the USA, England, Germany, Canada, Australia, India, Kazakhstan, Afghanistan, and listed on several online stores.
Armughon Handicrafts is the handicrafts arm of the Zerafshan Tourism Development Association (ZTDA) in Panjakent, Tajikistan. ("Armughon" means "gift, a reminder of a place" in Tajiki.) Supported by grants from the Soros Foundation and other international donors, ZTDA implemented projects on crafts in 2009, 2011 and 2013-2014, with the aim of preserving, nurturing and developing local art traditions and also improving the quality of life for women living in the Panjakenti rural areas by involving them in the local economy.
Through these craft projects they have started to work with unemployed women from the impoverished mountain regions, and now work with several clusters of women. In June 2013, Designer Munira Akilova of Khujand (who also has her own craft business, Arinumcrafts) began to work with ZTDA. She was initially invited to do research on the traditional Tajik crafts of Suzani (embroidery),
Quroq (patchwork) and carpets, and has now become the new product designer for Armughon. Munira began her career in economics and spent 14 years as a university teacher, before she decided to leave the university and spend her time on the embroidery that she loved. Whenever she creates a new design for Armughon, she "always tries to put a part of Zerafshan into it. It means all of products should have Zerafshani ornaments/patterns." She also thinks deeply about how the product will be used, by whom and when, and then focuses on color. As she explained, "Each piece has its own meaning."
This is the process that led to the development of products that have received the UNESCO Award of Excellence for Craft, the small set "Tuppi" needlework ornaments modeled after traditional male and female hats (already offered by HoonArts under the Arinumcrafts brand), and the wall hanging "Marhamat" (which we plan to add to our collection). All the Armughon products are made by unemployed Panjakenti women living in the mountainous areas.
“HoonArts” is the fusion of the Tajik/Persian word for “craft” and the English word “arts,” which reflects our mission. We offer extraordinary hand-crafted gifts and accessories for the true lover of world culture, while building community and empowering artisans. Travel the exotic streets and mountain back roads of this little known corner of the world, explore the culture that reflects 3000 years of civilization, meet the people in our HoonArts community, and shop for one-of-a-kind and limited edition treasures crafted by master artisans on the other side of the globe. We are committed to Fair Trade principles in all aspects of our operations, so you can rest assured that your purchase is helping impoverished artisans build a brighter future for their families and communities. Come join us on this journey of a lifetime.
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Top Musical Instruments Exporters in India
As we know, musical instruments are traded internationally.. Around 173 countries and territories actively import musical instruments from India, according to the export study's statistics. The total value of exports is 19.39 million US dollars. We'll talk about the top Indian exporters of musical instruments in this blog.
Who are Top Musical Instrument Exporters in India?
In the fiscal year 2020–2021, India shipped musical instruments to the USA for about 6.57 USD million (Apr–Nov). It made up roughly 33.88% of total exports of musical instruments. In October 2020, India exported musical instruments valued at $3.41 million USD.
In the fiscal year 2020–2021, Indian exporters practically sent 19.39 USD million worth of musical instruments to the largest international markets, according to the Export Import Data (Apr–Nov).
India is the top exporter of musical instruments to the United States, sending over 1050770 of them there in total, or 29.5% of the total. With a total of 293440 musical instrument imports worldwide, Germany ranks in second. Total exports of musical instruments to the top 5 countries total 1676400..
Best Musical Instruments Exporters in India
The best musical instruments exporters in India are given below:
● Jalaram Exports
● H. V. Mehendale And Sons
● Ankug CD House
● Rishabh International
● Viz Kraft
● Jaipur Handicrafts
● Vishal International
● The Sruthilaya
Who is the best Musical Instruments Exporter?
If you require exporting musical instruments from India, you need to research a variety of information, including export data for musical instruments from India, international buyers and importers of musical instruments, exporting guidelines for musical instruments, and the duties and taxes that apply to musical instrument exports from India.
Export Import Data
renders a comprehensive instruction on how to export musical instruments from India if any exporter needs to do so. The data that follows includes anything from export resources to export analysis for musical instruments. With the assistance of our highly qualified and experienced professionals, you can acquire useful information to expand your business globally.
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EXPORT OF MARBLE, GRANITE, NATURAL STONE, BASALT, SANDSTONE, LIMESTONE, QUARTZITE, SLATE, QUARTZ, RUSTIC STONE, LANDSCAPING STONE, COUNTERTOPS, SURFACES, WALLCLADDING STONE, BLOCKS, SLABS, TILES, MONUMENTS, COBBLES, PEBLES, TABLETOPS, TREADS, HANDICRAFTS, SCULPTORS, TRAVERTINE, ONYX, STATUES, TAMPLES, PAVERS, ETC-BHANDARI MARBLE GROUP INDIA 🇮🇳
Export of Countertops, surfaces, wall cladding stone, White marble , Basalt , granite , block , slab , cut to size tile, landscaping stones, cobbles, pables, pavers, from best quarries and factory , welcome serious buyers to visit our quarry and factory or book online.
Export of marble: We at Bhandari the main exporter of marble, tiles, slabs, blocks, total export of India combined value of total export is 9.43 USD million. Therefore, if any exporter wishes to export Marble Block, Slabs, tiles then Connect Bhandari India offers a complete guide on how to export Marble from India.
Top countries for Marble Block export from India.
Our top countries buyers: Dubai, USA, UK, UAE, Bahrin, Oman, Iraq, Africa, Canada, Kuwait, France, Germany, Australia, Ethiopia, Kenya, China Egypt Norway Bangladesh, Nepal, Singapore, Bhutan, Maldives, Shri lanka, Thailand, Gulf countries, Russia, Uzbekistan, India,
Export of Granite:
We at Bhandari Marble Group India Granite Exports to many countries. India's export amount to over $394 million which is roughly 79% of the total granite export value.
Export of Granite from India.
1 China 2 United States of America 3 Vietnam 4 Saudi Arabia 5 Algeria 6 Dubai, 7 UK, 8 UAE, 9 Bahrin, 10 Oman, 11 Iraq, 12 Africa, 13 Canada, 14 Kuwait, 15 France, 16 Germany, 17 Australia, 18 Ethiopia, 19 Kenya, 20 China 21 Egypt 22 Norway 23 Bangladesh, 24 Nepal, 25 Singapore, 26 Bhutan, 27 Maldives, 28 Shri lanka, 29 Thailand, 30 Gulf countries, 31 Russia, 32 Uzbekistan, 33 India 34 Japan 35 Uganda 36 Guyana, 37 Turkey 38 Ukraine 39 Denmark 40 south Africa 41 Latin America
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Kaka Carpet recognition in 42nd Indian Carpet Expo
24th March 2022 is a big day for Kaka Carpet because it is a day when Indian Carpet Expo gets its curtain raiser from UP Singh, IAS, Secretary (Textiles), Ministry of Textiles, Government of India also in the presence of Shantmanu, IAS, Development Commissioner (Handicrafts). In this expo also 257 carpets importers came from different parts of the country like Brazil, Palestine, Croatia, Nepal, Jordan, Sri Lanka, Russia, Qatar, Tunisia, Germany, Finland, U.S.A, U.K and many more. They all registered themselves for the Indian Carpet Expo. In this mega expo, there were almost 280 buying representatives also registered.
Experience of Kaka Carpet
It is a big day for Kaka Carpet where they meet with so many carpet enthusiasts. The expo experience was incredible because of the amazing people and the products off course. The superior handmade carpet quality from Kaka Carpet gets in notice of many buyers. The importers express their interest to come up with different business opportunities with Indian carpets and rugs. They appreciate the craftsmanship. And, Kaka Carpet proudly delivers that they offer the best quality handcrafted carpets made from skilled Indian artisans and weavers. Among the American buyers, the company witness a high demand of the carpets.
From an U.K. buyer, it is great to hear that the businessmen in U.K finds this Indian Carpet Expo 2022 as a big opportunity where they can meet with carpet manufacturers like Kaka Carpet and agree to the terms for further business opportunity. Many worldwide carpet retail businessmen see this expo as a business investment where they meet with potential carpet manufacturer under one roof. Not to forget that Kaka Carpet, winner of carpet export promotion council, DGFT and the Indian silk export promotion council also took part in this expo actively.
Installation of Solar Plant by Kaka Carpet
Among all other carpet manufacturers, Kaka Carpet is one such Indian company who believe in sustainable living and hence the organization install solar plant to reduce production cost. It benefits the retail businessmen from around the world in a big way. They can invest in Kaka Carpets in less amount compare to other companies and make huge profit back in country. Thereby, this ICE 2022 is a win-win situation for both parties. The step towards the installation of solar plant not only reduce operational cost but it even reduces carbon footprint that makes Kaka Carpet environment friendly company.
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Cold Galvanized Iron Wire Market by Product Type and Applications by 2030
Description
The global Cold Galvanized Iron Wire Market is expected to reach USD XX million by 2030, registering a CAGR of XX% during the forecast period. Due to the high popularity of this product/service in North America and Asia, the growth trend of Cold Galvanized Iron Wire in recent years and the growth of consumers' demand is expected to drive the global Cold Galvanized Iron Wire Market.
Regional Research Reports recently published this report by considering the new market trends and analyzing the maximum untapped opportunities one company can cater to in the coming years. This market research study elaborates the market size, share, growth, market characteristics, competitor pricing, company share, market trends, and opportunities in the Cold Galvanized Iron Wire industry, and breaks down according to the type, application, and consumption area of Cold Galvanized Iron Wire. The report also conducted a Porter's five forces analysis, PESTEL analysis, SWOT analysis, regulatory landscape, and prominent buyers of the industry to study the main influencing factors and entry barriers of the industry.
The Cold Galvanized Iron Wire Market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
Request For Report Sample: https://www.regionalresearchreports.com/request-sample/cold-galvanized-iron-wire-market/CM-1370
This report contains market size and forecasts of Cold Galvanized Iron Wire in global, including the following market information:
Global Cold Galvanized Iron Wire Market Revenue, 2018-2021, 2022-2030, (US$ Millions)
Global top five Cold Galvanized Iron Wire companies in 2021 (%)
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Cold Galvanized Iron Wire in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19. Additionally, the chapters 8-12 are specifically including the COVID-19 impact on each regional economy mentioned in the research study.
Regional Research Reports has surveyed the Cold Galvanized Iron Wire manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cold Galvanized Iron Wire Market, By Type, 2018-2021, 2022-2030 (US$ Millions)
Global Cold Galvanized Iron Wire Market Segment Percentages, By Type, 2021 (%)
Diameter 0.5 to 1 mm
Diameter 1 to 2 mm
Diameter 2 to 4 mm
Global Cold Galvanized Iron Wire Market, By Application, 2018-2021, 2022-2030 (US$ Millions)
Global Cold Galvanized Iron Wire Market Segment Percentages, By Application, 2021 (%)
Woven Wire Mesh
Fencing Mesh
Binding Wire
Handicrafts
Other
Request For Report Discount: https://www.regionalresearchreports.com/request-for-special-pricing/cold-galvanized-iron-wire-market/CM-1370
Global Cold Galvanized Iron Wire Market, By Region and Country, 2018-2021, 2022-2030 (US$ Millions)
Global Cold Galvanized Iron Wire Market Segment Percentages, By Region and Country, 2021 (%)
North America
Europe
Asia
South America
Middle East & Africa
US
Canada
Mexico
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
Brazil
Argentina
Rest of South America
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides an analysis of leading market participants, including:
Key companies Cold Galvanized Iron Wire revenues in global market, 2018-2021 (Estimated), (US$ Millions)
Key companies Cold Galvanized Iron Wire revenues share in global market, 2021 (%)
Key companies Cold Galvanized Iron Wire sales share in global market, 2021 (%)
Report Analysis: https://www.regionalresearchreports.com/industry-reports/cold-galvanized-iron-wire-market/CM-1370
Further, the report presents profiles of competitors in the market; key players include:
Bekaert
Tata Wiron
Tianze Metal Products
Nichia Steel
Tecnofil
WDI
Tree Island Steel
Anping Dongming Wiremesh
Hankuk Steel Wire
Sheng Sen Wire Mesh
SAKURATECH
WIRE TECHNO
Galvart Japan Company
NS Hokkai Seisen
Davis Wire
Weibo Industry and Trade
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Entering the Global Market: Exporting Furniture from India
Are you aiming to take your furniture business to the global market? India offers a fantastic opportunity! With its rich cultural heritage and expert craftsmanship, Indian furniture has gained international acclaim. Every year, a diverse range of Indian furniture—from high-end designer pieces to affordable, minimalist designs—is exported worldwide.
Furniture export from India is a lucrative opportunity for traders globally. If you're interested in this venture, it's essential to have real-time furniture export data and a list of top furniture exporters in India. In this article, we'll provide a comprehensive guide on how to start furniture export from India.
The Growing Furniture Export Market
The Indian furniture industry is expanding, and there's a significant demand for Indian furniture in the global market. Let's delve into the market insights for furniture exports.
According to global trade data, the global furniture market is projected to generate $765 billion in revenue by 2024. The market is expected to grow at a compound annual growth rate (CAGR) of 3.79% from 2024 to 2029. Living room furniture is the largest segment, predicted to reach a market volume of $223.60 billion by 2024. The United States leads in global revenue, with an anticipated $263 billion by 2024. Per capita revenue is estimated to be $98.72 in 2024.
Popular Types of Furniture Exported from India
India is a leading exporter of furniture export from India. Here are some of the most popular categories:
Wooden Furniture
Indian wooden furniture is renowned for its beauty and durability, crafted from hardwoods like teak, rosewood, and sheesham. This furniture ranges from traditional to contemporary designs, often handmade by skilled artisans.
Upholstered Furniture
Upholstered furniture from India includes a variety of styles and fabrics, from conventional designs to modern aesthetics. This category is a significant part of India's furniture exports.
Cane Furniture
Cane furniture, made from rattan or bamboo, is another popular export. Known for its lightness and durability, cane furniture is ideal for outdoor settings but also suits indoor spaces.
The type of furniture exported often depends on the destination country's climate and preferences. For instance, countries with warmer climates might import more outdoor furniture, while those with cooler climates may prefer indoor furniture.
Key Statistics and Facts on Furniture Exports from India
Let’s explore some key statistics on furniture exports for 2023-24:
Total Shipments: 681.5K
Furniture Exporters in India: 13,164
Number of Indian Buyers: 13,164
Furniture HS Codes: 94036000, 94016900, 94032090
India primarily exports furniture to the United States, France, and the Netherlands, making it one of the top exporters of Indian furniture globally.
Leading Furniture Exporters Worldwide in 2024
Here are the top furniture exporting countries:
China: $80,664.7 million
Germany: $14,106.9 million
Italy: $13,277 million
Vietnam: $12,889.6 million
Poland: $11,291.3 million
Mexico: $10,257.3 million
USA: $7,169.4 million
Canada: $5,069.1 million
Turkey: $4,515.7 million
Czechia: $4,419 million
China leads the market with exports valued at nearly $80.6 billion in 2024.
Top Furniture Exporters in India
Here are some of the leading furniture exporters in India:
Aarshnik Impex
Woodoak Export
K.D. Craft Exports
Rajarana Impex Private Limited
Aayu Impex
Gulam Hussan Wood Carvers
Ideas Afresh Inc
Abadan Shipping Private Limited
M. K. International
Home Decor & Handicraft India
For updated lists and detailed export data, platforms like Eximpedia.app provide comprehensive insights.
Steps to Start Exporting Furniture from India
Here are the essential steps to begin exporting furniture from India:
1. Choose the Right Furniture Product
Selecting the appropriate furniture for export is crucial. Consider the preferences of your target market.
2. Obtain Necessary Permits and Licenses
You’ll need several permits and licenses, including an export license, certification from the Export Promotion Council, a PAN card, bank statements, shipping bills, commercial invoices, packing lists, and a bill of lading or airway bill.
3. Pack and Label the Furniture
Ensure the furniture is packed and labeled according to the destination country’s export standards.
4. Find a Buyer
You can find buyers through trade fairs, online platforms like Eximpedia.app, or by directly contacting potential buyers.
5. Negotiate Terms of Sale
Discuss the price, quantity, shipping terms, and payment terms with the buyer.
6. Arrange Transportation
Coordinate with a freight forwarder or shipping company to transport your furniture.
7. Document the Shipment
Properly document the shipment as per India’s export regulations and the destination country’s requirements.
8. Export the Furniture
Once everything is in place, export the furniture to the destination country.
Challenges in Exporting Furniture from India
Exporting furniture comes with challenges such as varying import standards, competition from other exporters, volatile prices, outdated export-import data, and transportation costs. To overcome these, having access to accurate and updated data from platforms like Eximpedia.app is invaluable.
Locating Furniture Exporters or Importers
Eximpedia’s data-driven dashboard helps identify top furniture exporters in India. They provide reliable and up-to-date global commerce information for over 130 countries, including essential furniture export data and HS codes.
Conclusion
Exporting furniture from India is a rewarding yet complex process that requires meticulous planning and execution. By following the steps outlined in this article and leveraging data from Eximpedia.app, businesses can enhance their chances of success in the global furniture market. For further queries on furniture export data or to identify furniture exporters in India, Eximpedia.app is an excellent resource to elevate your business to new heights.
#furniture export from India#furniture exporters in India#top furniture exporters in India#furniture exporters#furniture exports
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Cane and Bamboo Furniture Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2027
Bamboo and cane furnitures are made from bamboo evergreen perennial flowering plant that belongs to the subfamily Bambusoideae. Cane and bamboo furniture are made from the technique known as wicker in which pliable plant materials are woven to make products. Nowadays, bamboo is used in almost all sorts of furniture, such as benches, cabinets, beds, stools, shoe racks, tables, sofas, book shelves, sofas, and recliners. Bamboo’s high availability, strength, abundant supply, firmness, and speedy maturity have made it a very popular choice for furniture making. It is being used in office, home, restaurants, and shops to give an aesthetic appeal to the room and give simple and elegant feel. Cane and bamboo furnitures though are natural in appearance yet offer a very trendy, sleek, and modern look to the entire décor. The longevity, low weight, convenience in handling, easy maintenance and environmental friendliness of these furnitures add to its appeal.
Market scope and structure analysis:
Ø Market Size Available for Years
2020–2027
Ø Base Year Considered
2019
Ø Forecast Period
2021–2027
Ø Forecast Unit
Value (USD)
Ø Segment Covered
Type, Application, Distribution Channel, and Region
Ø Regions Covered
North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, Mexico, and Rest of LAMEA)
Ø Companies Covered
Luit Nirman, S. Senniah Gowder, caneocane.in, ,jiangxi kang ti long bamboo industry co. Ltd, Greenington LLC, MOSO, Zhejiang Tianzhen Bamboo & Wood Development Co. Ltd., Gek Guan Enterprise Sdn Bhd, Reforest Design, July Bambu Co. Ltd., Utsav Handicraft
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COVID-19 Scenario Analysis:
The COVID-19 outbreak has caused a decline in the growth of the global industries creating a mass disruption for buyers as well as sellers. Markets and production units have been shutdown globally which has stopped the production, sale, and marketing of the product. This has also offered an opportunity for the companies to look after their supply chain relationship and business models for the future.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Rise in popularity for environment-friendly home décor items boosts the demand for cane and bamboo furnitures. Increase in awareness for using eco-friendly and recyclable products has influenced consumers to purchase bamboo and cane furnitures. Surge in disposable income enhances the purchasing power of the people living in Asia-Pacific countries. People are spending more than before on luxury, comfort, and lifestyle products. This changing spending behavior of consumers and the rise in purchasing power increases the demand for cane and bamboo furniture products.
The global Cane and bamboo furniture market trends are as follows:
Mergers and Acquisition to flourish in the market
Leading companies are opting for mergers and acquisitions to gain competitive edge in the market. Merger and acquisition strategies help the companies to penetrate into the market and increase the consumer base for its products. It also helps them to expand production capacity and product line or range. For instance, in February 2019, Century furniture declared its acquisition of Curate Home Collection company. The acquisition helps the Century Furniture Company to strengthen the market position for their products and brands in the home décor segment. Incorporating Curate home collection product lines into their portfolio enable the company to increase their product offering to serve better products.
Restrains of the market
Factors the restrict the growth of the cane and bamboo furniture market include
Cane and bamboo furnitures cannot be used in combination with wooden furnitures.
It can not be left outside in galleries or gardens during the rainy season.
Bamboo furnitures are easily damageable and can be cracked easily by putting heavy stuff on it.
Cane and bamboo furnitures are easily prone to pests and insects.
Cane and bamboo furnitures come in limited shades and colors as the surface of bamboo furniture is too smooth to hold paint.
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Key Segments Covered:
Ø Type
Chairs & Sofas
Tables
Stools
Beds
Racks
· Others
Ø Application
Residential
· Commercial
Ø Distribution Channel
Online
· Offline
Key Benefits of the Report:
This study presents the analytical depiction of the global cane and bamboo furniture industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global cane and bamboo furniture market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global cane and bamboo furniture market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global cane and bamboo furniture market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Cane and Bamboo Furniture Market Research Report:
What are the leading market players active in the cane and bamboo furniture market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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A handmade wood inlay work will make you wide-eyed. Crafted by expert artisan with decades of practice in this art. Any photo of your choice or famous personalities will be done here. #decisionmakers #businessowner #merchandise #wholesaler #roi #inlaywork #woodcrafts #crossbordertrade #usa🇺🇸 #germany🇩🇪 #italy #belgium #canada🇨🇦 #nigeria #australia #singapore #japan #gulfbusiness #middleeastbusiness #southamericabuyers #ceramics #handicrafts #filigree #jutebag #womanownedbusiness #veteranownedbusiness #buyers #christmas2020 #thanksgiving #woodenpanel (at Hyderabad) https://www.instagram.com/p/CGCLZSSgpdD/?igshid=zs6rwmhw3pe8
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06-05-2020 Current Affairs & Daily News Analysis
EXCISE DUTY ON ALCOHOL The Delhi government announced a 70% hike in the price of liquor across categories in the capital. Delhi’s “special corona fee” on alcohol underlines the importance of liquor to the economy of the states.
About: Liquor contributes a considerable amount to the exchequers of all states and Union Territories except Gujarat and Bihar, both of which have enforced prohibition. Generally, states levy excise duty on manufacture and sale of liquor. Some states, for example Tamil Nadu, also impose VAT (value added tax). States also charge special fees on imported foreign liquor; transport fee; and label & brand registration charges. A few states, such as Uttar Pradesh, have imposed a “special duty on liquor” to collect funds for special purposes, such as maintenance of stray cattle. According to a report published by the RBI in September 2019, state excise duty on alcohol accounts for around 10-15 per cent of Own Tax Revenue of a majority of states. In fact, state excise duties on liquor is the second or third largest contributor to the category State’s Own Tax revenue; sales tax (now GST) is the largest. During 2018-19, the five states that collected the highest revenue from excise duty on liquor were Uttar Pradesh (Rs 25,100 crore), followed by Karnataka, Maharashtra, West Bengal and Telangana. Source : Indian Express ( Economy ) Read UPSC Current affairs and Daily News Analysis from Top IAS Academy in Bangalore Vignan IAS Academy Coronavirus Global Reponse Pledging Conference British Prime Minister Boris Johnson opened a virtual global conference on COVID-19 by calling on all countries to step up their efforts and work together on fighting the coronavirus pandemic.
About: The Coronavirus Global Response International Pledging Conference was co-hosted by the UK and eight other countries and organisations including Canada, France, Germany, Italy, Japan, Norway, Saudi Arabia, and the European Commission. At the conference, Johnson confirmed the UK's pledge of 388 million pounds aid funding for research into vaccines, tests and treatments – part of a larger 744 million pounds existing UK aid commitment to help end the pandemic and support the global economy. This includes 250 million pounds for the Coalition for Epidemic Preparedness Innovations to develop vaccines against coronavirus – the biggest such donation to the fund by any country. Source : All India Radio ( International ) Read UPSC Current affairs and Daily News Analysis from Top IAS Academy in Bangalore Vignan IAS Academy CENTRE FOR CELLULAR AND MOLECULAR BIOLOGY (CCMB) Hyderabad-based Centre for Cellular and Molecular Biology (CCMB) is the only centre in the country which is pooling the samples for doing testing of COVID-19.
About: It is an Indian biotechnology research establishment Established in: 1977. Location: Hyderabad. Parent body: It operates under the aegis of the Council of Scientific and Industrial Research. CCMB is a designated "Center of Excellence" by the Global Molecular and Cell Biology Network, UNESCO. India's national biosafety level – 4 containment facility for human infectious diseases is located on the campus of CCMB. Source : All India Radio (Science & Technology) Read UPSC Current affairs and Daily News Analysis from Top IAS Academy in Bangalore Vignan IAS Academy ARKTIKA-M Russia announced that it will launch first Arktika-M satellite for monitoring Arctic climate by the end of the year.
About: As of now first satellite is developed and the launch is planned for 2020. The satellite will be launched by Soyuz -2,1b carrier rocket with frigate booster. The remote sensing Artika-M will monitor the meterological conditions in the polar region. Source : All India Radio ( Science & Technology ) Read UPSC Current affairs and Daily News Analysis from Top IAS Academy in Bangalore Vignan IAS Academy SWINE FLU Data from the Health Ministry’s National Centre for Disease Control (NCDC), show that the five States/UTs namely Maharashtra, Gujarat, Rajasthan, Delhi, Tamil Nadu consistently accounted for the bulk of swine flu cases, or seasonal influenza (H1N1) since 2015.
About: H1N1 Flu Virus (Swine Flu) is an infection caused by type A influenza viruses. Who are infected? It's named for a virus that pigs can get. People do not normally get swine flu, but human infections can and do happen. In 2009 a strain of swine flu called H1N1 infected many people around the world. The virus is contagious and can spread from human to human. Symptoms: Symptoms of swine flu in people are similar to the symptoms of regular human flu and include fever, cough, sore throat, body aches, headache, chills and fatigue. Spread in India: February-March are typical months for influenza in India. Most influenza activity in northern India was seen during the summer months, but in southern and western India, cases occurred mostly during winter months. Important Info : Swine flu vs COVID-19? While both HIN1 and COVID-19 are due to pathogens that trace their origins to viruses from non-human hosts, they belong to different families.While both infiltrate the lungs and cause characteristic pulmonary infections, they have varying lethality.Swine flu infections have a higher case fatality rates (deaths per confirmed cases) and can cause significant deaths in children as well as those less than 60.COVID-19 on the other hand is relatively more dangerous to those above 60 and almost harmless in children. Source : The Hindu ( Health ) Read UPSC Current affairs and Daily News Analysis from Top IAS Academy in Bangalore Vignan IAS Academy New Specified Health Warning on Tobacco Products packs Union Ministry of Health has notified a new set of images with specified health warnings for all tobacco product packs by amending the Cigarettes and other Tobacco Products (Packaging and Labelling) Rules, 2008 via “The Cigarettes and other Tobacco Products (Packaging and Labelling) Amendment Rules, 2020”.
About: All tobacco products manufactured or imported or packaged on or after September 1, 2020 shall display the first image and those manufactured or imported or packaged on or after September 1, 2021 shall display the second image. Violation of the provision is a punishable offence with imprisonment or fine as prescribed in Section 20 of the Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Act, 2003. Source : The Hindu ( Health ) Read UPSC Current affairs and Daily News Analysis from Top IAS Academy in Bangalore Vignan IAS Academy LLAMA Researchers have developed a treatment that links two nanobodies isolated from a 'Llama' named winter to create an antibody that binds to the spike protein on the coronavirus that causes COVID-19. That bond prevented the virus from invading cells. Winter, the llama, is 4 years old, female, and living on a farm in the Belgian countryside.
About: Family: Llamas are a member of the camelid family, which includes camels, alpacas, vicunas, and guanacos. Description: Llamas have a typical camel-like body shape, but they lack the humps of the Bactrian and dromedary camel. Distribution: Llamas are no longer found in the wild. They are now distributed throughout North America, Europe, Australia, Argentina, Ecuador, Chile, Bolivia, and Peru. Currently, nearly 70% of llamas are found in Bolivia. Source : Indian Expres ( Environment ) Read UPSC Current affairs and Daily News Analysis from Top IAS Academy in Bangalore Vignan IAS Academy jharkhand tribals observe bishnu sendra parva 2020 sanshunting due to lockdown For the first time in living memory, not a single animal was killed in Jharkhand on Bishnu Sendra Parva.
About: Bishnu Sendra Parva is an annual hunting festival observed by tribals of Jharkhand and the neighbouring Odisha and West Bengal. This year, Adivasis observed the centuries-old festival without leaving their houses as Jharkhand continued with a complete lockdown across the state. With the lockdown continuing, many tribal hunters could not reach the forests to observe the festival. Source : Times of India ( Culture ) Read UPSC Current affairs and Daily News Analysis from Top IAS Academy in Bangalore Vignan IAS Academy Saras Collection launched by govt on GeM Portal Union Rural Development Minister launched the Saras collection on Government e Marketplace (GeM) portal in New Delhi.
About: It is a unique initiative of GeM and the Deen Dayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM), Ministry of Rural Development. The Saras collection showcases daily utility products made by rural self-help groups. It aims to provide market in rural areas with access to Central and State Government buyers. Under the initiative, sellers from Self Help Group will be able to list their products in 5 product categories, namely (i) handicrafts, (ii) handloom and textiles, (iii) office accessories, (iv) grocery and pantry, and (v) personal care and hygiene. Important Info : Government e Marketplace (GeM): It is a 100 percent Government owned Section 8 Company set up as the National Public Procurement Portal for procurement of goods and services required by Central and State Government organizations.DAY-NRLM: DAY-NLRM aims to reduce poverty through promotion of diversified and gainful self-employment while creating skilled wage employment opportunities. Source : PIB ( Economy ) Read UPSC Current affairs and Daily News Analysis from Top IAS Academy in Bangalore Vignan IAS Academy MANISHA SINGH United States President Donald Trump has nominated senior Indian-American diplomat Manisha Singh as his envoy to the Organization for Economic Cooperation and Development (OECD).
About: She will be the US Representative to OECD with the rank of an Ambassador. Ms Singh is currently Assistant Secretary of State for Economic and Business Affairs at the State Department. Paris-based OECD is an intergovernmental economic organisation with 36 member countries to stimulate economic progress and world trade. Important Info : President Donald Trump has also nominated Indian-American Ashok Michael Pinto as a representative to the International Bank for Reconstruction and Development (IBRD) for a term of two years. Source : All India Radio ( International ) Read UPSC Current affairs and Daily News Analysis from Top IAS Academy in Bangalore Vignan IAS Academy Daily Current affairs and News Analysis Best IAS Coaching institutes in Bangalore Vignan IAS Academy Contact Vignan IAS Academy Enroll For IAS Foundation Course from Best IFS Academy in Bangalore Read the full article
#06-05-2020VignanIASCurrentAffairs#bestiascoachinginbangalore#bestupsccoachinginbangalore#topiascoachinginbangalore#TopRankedIASCoachinginBangalore
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Trade in the time of Coronavirus: Sectors overdependent on Chinese imports face a grim reality
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Trade in the time of Coronavirus: Sectors overdependent on Chinese imports face a grim reality
As fresh cases of the Coronavirus (COVID-19) raises fears of a global pandemic, the impact of the shutdown across China has started to hit Indian businesses, some very severely.
With the province of Hubei and eastern parts of China taking a big hit, key industries in India that depend on imports, are coming to a grinding halt. The story is not so bad for India’s exports to China, but imports to several industries are feeling the strain.
According to Crisil, about 18% of India’s total merchandise imports are from China. India had a trade deficit of $159 billion as of calendar 2019 and it remains a net importer from China (including Hong Kong) of $56 billion. In this backdrop, the worst hit are industries in electronics, consumer durables, auto components and pharma.
Short circuit The sector that is under severe stress is the electronics industry. A significant share of inputs required in electronics components manufacturing has traditionally been sourced from China.
“As a result of the Coronavirus outbreak, the sector is in dire strait as the entire supply chain is now severely affected. Even those supplies that have already arrived in India require an advanced level of sanitisation before they are allowed to be dispatched to various markets. The tragedy is, no worker is willing to touch any device sourced from China as of now,” says Rajoo Goel, Secretary General, Electronic Industries Association of India (Elcina).
The crisis is now across the value chain. There are thousands of electronics manufacturing services (EMS) manufacturers bought from India, and now their supply chain is, in turn, affected. “From mobile phone manufacturing to printers, to PCs to set-up boxes and inverters are being affected since PCBs were being sourced from China. These were just being assembled in India. Similarly, aluminium, copper and chemicals in electronics manufacturing were sourced from China. For a large number of electronics manufacturers, it’s still much easier, and financially viable to import the Semi Knocked Down (SKD) or Completely Knocked Down (CKD) equipment from China,” says Goel.
He adds that the situation is so grave that in next 10-15 days, the industry will be able to utilise only 50% of new production capacities and in the next three weeks, there is a possibility of a complete lockdown across various manufacturing plants.
Problems for the players in the sector are compounded since other countries in the region do not want to fill the gap. “It will be a major lockdown because, if instead of China, a player thinks of importing from, say, Japan or Taiwan then, the suppliers don’t want to entertain Indian importers because they know the new demand generated as a result of the Coronavirus is temporary,” says Goel.
In the next 30 days, all electronic equipment will turn dearer by 20-30 %, including mobile phones, among others. Experts say this issue will hamper the sector for 3-6 months.
Image Source: Crisil
Bitter pill Another sector that is facing the brunt because of its over reliance on China is the pharma sector.
According to the Trade Promotion Council of India, approximately 85% of active pharmaceutical ingredient (API) imported by India are from China. India’s overdependence on China for APIs exposes it to raw material supply disruption and price volatility. Notably, China accounted for around 67% of total imports of bulk drugs and drug intermediates in 2018-19. India has a high dependence on fermentation-based APIs/intermediates namely antibiotics and vitamins.
“Representative of Pharmexcil informed that in all 58 molecules are imported from China, out of which 12 are imported from the Hubei province which is affected by the Coronavirus. Areas beyond 500 km from Wuhan may possibly start dispatching KSM’s & API’s in about 2-3 weeks, while Wuhan city itself might take about 8 weeks or thereabouts to bring about normalcy to some extent,” says Satish Wagh, ex-Chairman, Chemexcil
Wagh adds that 16 molecules will be affected to a large extent such as certain antibiotics like Chloramphenicol, Erythromycin, Azithromycin, Clarithromycin, Amoxicillin, Vitamins A B, E & C & E, hormones like Progesterone, Metronidazole etc. “India may have to go slow on exports of formulations based on these molecules so as to ensure adequate supplies for India irrespective of other international commitments. In case of such commitments to the foreign suppliers force majeure clause can be initiated,” says Wagh.
Anil Bhardwaj, Secretary General, Federation of Indian Micro and Small & Medium Enterprises (FISME), says the import of APIs is critical for pharma industry and its shortage will cripple pharma manufacturing.
“There is no one remedy to contain this impending crisis. I think solutions would be sector specific. For API, India may have to develop its own sources within the country. A lot of Government support is needed to realize this and it could turn out to be an opportunity,” says Bhardwaj.
Leather hunt Another sector that has massive levels of ‘essential Imports’ is the leather goods manufacturing sector. “There are many global buyers who strictly adopt the practice of nominating China-based suppliers for their final orders that are made here in India. So such orders will be negatively impacted. There are a whole lot of enhancements/ add-ons related to uniform packaging, labelling etc. needed for final products and there certainly is going to be an impact on such supplies,” says Puran Chand Dawar Regional Chairman (North), Council for Leather Exports (CLE) and President, Agra Footwear Manufacturers and Exporters Chamber (AFMEC).
What is clear is that business players in the leather sector need to re-strategize their long term roadmaps as a result of the Coronavirus outbreak. “In a nutshell, I would say, the lesson from the Coronavirus outbreak is that in the long run, Indian importers need to shun their long-held practice of putting ‘all eggs in one basket’ attitude. They need to diversify their risks and can’t depend on one single market to meet their 70-80% of their sourcing demands. They need to explore other markets too, even if those are currently dearer by a few percentage points. This will help them better tackle any such future irregularity in their supply chains,” says Dawar.
Image Source: Crisil
Not all bad If dwindling imports have led to a crisis situation across many sectors, some in exports are expected to benefit.
“India will now be looked upon as a short to long term option. India is poised to gear up for production in the short-term with the low-end and medium-end products are expected to benefit well. Carpets will benefit and so will furniture and handicraft categories. If the situation continues this way, we expect India’s exports to see a 10-15% growth next year,” says Mahavir Pratap Sharma, Past Chairman, Carpet Export Promotion Council (CEPC).
According to Rakesh Kumar, Director General, Export Promotion Council for Handicrafts (EPCH), as far as exports are concerned, it is a major emerging opportunity for India. “There are some major trade shows that happen in Germany and other markets, where the participation of Chinese delegates and buyers have been next to negligible now. In 2020 seasons of summer, winter and fall, no surplus of Chinese products are expected. This situation is a definite opportunity – buyers are thinking about an alternative supply source. That may not necessarily be India and can be markets like Vietnam, Indonesia or Malaysia as well. One has to have a first mover approach to be ahead of the curve,” says Kumar.
Kumar adds that he does not see the situation improve in China before Q3 of 2020, but it is important to note that not everyone will have faith in India as capacity building has been an issue. “We can do better with mid segment buyers where capacity building does not come into play. For the large segment, confidence is still in question as far as the Indian market is concerned. We will do better for higher value and niche segment (handmade) where our strengths will also come into focus. The next two months will be quite important, but the sentiments are positive,” says Kumar.
However, what is not clear is the knock on effect of the virus. With many countries in Europe seeing a spike in cases, the perceived benefits from exports may not materialize if the global economy starts slowing down and demand takes a hit.
“Various industry bodies/trade bodies like FIEO, Chemexcil, ACMA need to urgently start analysing the sector-wide impact of the Coronavirus outbreak on their respective sectors. At the moment, the biggest bottleneck is that the information coming out of China cannot be trust completely. The real impact of the health hazards could be more than what’s being told at the moment,” says Mahendra Sanghi, Ex-President, Assocham and Group Chairman, Sanghi Group of Industries.
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Bazaar Berlin 2019 at Germany(Berlin) 2019-November
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We help you to grow your business by providing the required contact details of all companies participating in this event and you can download the same data in excel format using the above links. Location of the Event:Germany(Munchen) Year-Month:2019-November Official Website:Event Website source https://www.expomahal.com/2019/11/bazaar-berlin-2019-at-germanyberlin.html
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How to Start Furniture Export from India 2024
India is a treasure trove of cultural heritage and professional craftsmanship, making it a prime location to start your furniture export business. The global demand for Indian furniture has surged, thanks to its unique blend of traditional and contemporary designs. This article provides a comprehensive guide on how to navigate the lucrative opportunity of exporting furniture from India, complete with market insights, types of furniture, and the steps required to get started.
The Booming Indian Furniture Export Market
The Indian furniture industry is experiencing significant growth, with a rising global demand for its products. Let's delve into the market insights that highlight the potential of this booming industry.
Global Market Projections
According to global trade data, the furniture market is projected to generate $765 billion in revenue by 2024. The market is expected to grow at a compound annual growth rate (CAGR) of 3.79% from 2024 to 2029. Living room furniture leads the market, with an estimated volume of $223.60 billion by 2024. The United States is forecasted to be the largest market, contributing $263 billion in revenue by 2024, translating to $98.72 per person.
Types of Furniture Exported from India
India is renowned for its diverse range of furniture exports, catering to various tastes and preferences worldwide. Here are the most popular categories:
1. Wooden Furniture
India excels in producing exquisite and durable wooden furniture crafted from hardwoods like teak, rosewood, and sheesham. This furniture is often handcrafted, blending traditional techniques with contemporary designs.
2. Upholstered Furniture
Indian upholstered furniture is popular globally, available in various styles and fabrics. This category includes both traditional and modern designs, making it a significant export segment.
3. Cane Furniture
Cane furniture, made from rattan or bamboo, is another major export. Known for its lightness and durability, it is commonly used as outdoor furniture but also fits well indoors.
Key Statistics and Facts on Furniture Exports from India
Let's explore the latest data on furniture exports from India for 2023-24:
Furniture Export Data 2023-24
Total Shipments: 681.5K
Number of Exporters: 2,440
Number of Buyers: 13,164
Top HS Codes: 94036000, 94016900, 94032090
India exports the majority of its furniture to the United States, France, and the Netherlands. With 681,550 shipments, India leads the market, followed by China and Oman.
Leading Furniture Exporting Countries in 2024
China is projected to be the largest furniture exporter in 2024, with an export value of $80.6 billion. Other major exporters include Germany, Italy, Vietnam, Poland, and Mexico.
Top Furniture Exporters in India
Here are some of the leading furniture exporters in India:
Aarshnik Impex
Woodoak Export
K.D. Craft Exports
Rajarana Impex Private Limited
Aayu Impex
Gulam Hussan Wood Carvers
Ideas Afresh Inc
Abadan Shipping Private Limited
M.K. International
Home Decor & Handicraft India
For updated lists and detailed export data, platforms like Eximpedia.app provide valuable insights and real-time information.
Steps to Start Furniture Export from India
Exporting furniture from India involves several critical steps. Here’s a simplified guide:
1. Select the Right Product
Choose furniture that aligns with the demands of your target market. Consider factors like design preferences, material types, and potential uses.
2. Obtain Necessary Permits and Licenses
Ensure you have all required permits, including an export license, certification from the Export Promotion Council, a PAN card, and other necessary documents like shipping bills and commercial invoices.
3. Pack and Label Properly
Adhere to the export standards of the destination country when packing and labeling your furniture to ensure compliance and safety during transportation.
4. Find Buyers
Identify potential buyers through trade fairs, online platforms, and direct contact. Platforms like Eximpedia.app can be instrumental in connecting you with international buyers.
5. Negotiate Terms
Agree on terms such as price, quantity, shipping, and payment with your buyers to establish clear and mutually beneficial agreements.
6. Arrange Transportation
Coordinate with freight forwarders or shipping companies to ensure your furniture reaches its destination efficiently and safely.
7. Document the Shipment
Complete all necessary documentation in accordance with Indian export regulations and the requirements of the destination country.
8. Export the Furniture
Once everything is in order, ship your furniture to the destination country and begin building your presence in the global market.
Overcoming Challenges in Furniture Export
Exporting furniture comes with its own set of challenges, including varying import standards, competition, volatile prices, outdated data, and high transportation costs. Utilizing data-driven platforms like Eximpedia can help you navigate these obstacles by providing up-to-date market insights and reliable export data.
Final Thoughts
Exporting furniture from India presents a profitable opportunity for businesses willing to meet global standards and demands. By following the steps outlined above and leveraging platforms like Eximpedia for data and insights, you can successfully enter and thrive in the international furniture market. For further assistance and updated information on furniture exports, visit Eximpedia.app and take your business to new heights.
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