India’s home furniture market projected to reach $40.53bn by 2031
At imm India 2026 in New Delhi, industry participants spotlighted a $40.53 billion outlook for India’s home furniture market by 2031. The three-day B2B fair is expected to bring together 100+ exhibitors, 8,000+ trade buyers and buyers from 48 countries, with modular living and sustainable sourcing in focus.
What happened
imm India 2026 opened in New Delhi, bringing furniture manufacturers, designers and global buyers together. The event highlighted projections for India’s home
Key facts
- India home furniture market projected at USD 40.53 billion (approximately ₹3.83 trillion) by 2031
- More than 100 Indian manufacturers
- Buyers from 48 countries
- Over 100 exhibitors
- More than 8,000 trade buyers
- Three-day exhibition, September 1-3, 2026
Why this matters
The expanding market and international buyer presence at imm India 2026 create partnership, acquisition and sourcing opportunities in modular furniture, sustainable materials and export-capable supply chains.
What to watch
- Growth in urban housing completions, home-loan affordability and renovation spending.
- Share gains by organized furniture chains, online marketplaces and direct-to-consumer modular brands.
- Lead times, installation capacity and furniture return/damage rates in major metros.
- Certification or buyer mandates around timber traceability, recycled content and factory compliance.
- Changes in imported hardware, boards, fittings and freight costs.
- Order activity and export inquiries generated at imm India 2026.
- Expand good-better-best modular assortments for apartments, rentals and compact rooms.
- Build installer networks, design consultation and post-purchase service as differentiation rather than competing only on product price.
- Secure traceable wood, engineered-board and recycled-material supply contracts; prepare supplier documentation for export and institutional buyers.
- Use B2B fairs and international buyer participation to develop export-ready collections and distributor relationships.
- Invest in regional warehousing and last-mile damage reduction to protect delivery economics as order volumes rise.