Market Trends of India Furniture Hardware Industry
Increase in Residential Furniture Hardware is Fuelling the Market
With an uptick in construction projects and ongoing renovations, the country is poised to witness a surge in hardware product demand. The demand for wood and wooden furniture in India has surged, especially in metro cities such as Bangalore, Delhi, and Mumbai. Technological innovations and rapid urbanization are fueling a surge in the manufacturing of furniture hardware in India, driven by the trend of beautifying residential and commercial buildings. Rising raw material costs and currency fluctuations pose challenges, but the market finds new opportunities due to a growing emphasis on affordable housing. In India's furniture hardware landscape, the residential segment notably commands the largest market share. The growth in the furniture hardware market is underpinned by a rising demand for renovation projects and a more design-savvy customer base. This heightened demand is not confined to hardware but resonates across the broader construction market.
Wire Baskets Furniture Hardware is Fuelling the Market
Wire baskets are popular in India, particularly in modular and contemporary furniture. These baskets are now standard in furniture like coffee tables, side tables, and storage units, offering both style and convenience. They boast versatility, storing various items, from books and magazines to blankets and electronics, while maintaining an organized and accessible setup. Moreover, these wire baskets infuse furniture with a modern, industrial flair, catering to sleek, functional design fans. Crafted from stainless steel, the Cargo Series boasts a 10-year replacement warranty against rust, a testament to its impeccable plating finish. These products are proudly manufactured at Hettich's Vadodara Plant in India, adhering to rigorous international quality standards.
