DIpil Das
Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here.
- Furniture and home improvement retail is experiencing a revival in India, due to pandemic-driven consumer behavior and market trends. We explore consumer spending projections, market drivers and innovative technology in our Market Outlook.
- We estimate that India’s consumer spending on furniture and home improvement will increase by 7.0% year over year in fiscal 2022 (ending March 31, 2022), based on data from India’s Ministry of Statistics and Program Implementation (MOSPI).
- We expect a steady increase in growth rates between fiscal 2022 and fiscal 2025.