14-Nov-2024
Key Highlights:
With home decor becoming centred, the demand for furniture will stay high. In recent years, many Indian adults have suddenly found themselves working remotely and in sudden need of home office furniture. To cater to this rising demand, India imports a variety of furniture, including wooden, cane, and upholstered furniture, from many countries. In this blog, we will have an overview of furniture import in India, furniture HS codes, top furniture importers in India, and more.
Firstly, let’s start by exploring the market size of furniture in India!
In recent years, the Indian furniture sector has expanded significantly, making it an important player in the global market. The household furniture industry, valued at approximately $24 billion in 2024, is expected to rise at a strong compound annual growth rate (CAGR) of about 10.9% to reach $54 billion by 2033.
It has been observed that most of the demand for furniture comes from northern and southern India. 60 percent of the market is made up of household furniture, and the remaining 40 percent is made up of workplace furniture.
Increased urbanisation, rising home remodelling and decorating, rising disposable incomes, shifting consumer preferences and lifestyles, and a growth in e-commerce are all factors causing high demand and riding import of furniture in India.
According to India’s furniture import data, from March 2023 to February 2024 (TTM), 135,472 shipments of furniture were imported into India. 2,766 Indian buyers imported these products from 4,435 foreign exporters, representing a 6% increase over the previous 12 months.
In February 2024 alone, 12,322 shipments of furniture imports into India took place during this period. This represents a sequential increase of 13% from January 2024 and a 64% year-over-year increase from February 2023.
Furniture importers in India imported $431 million worth of furniture in 2023, a 4.29% drop from 2022. As a result, India became the world's 32nd-largest importer of furniture.
In 2022, furniture import in India accounted for $669 million, according to furniture import data.
Here are a few types of India furniture imports:
The HS code for furniture is 9403, which covers other furniture and its parts. Some more HS codes related to India furniture imports:
| Furniture HS codes | Product Description |
|---|---|
| 940310 | Metal furniture used in offices |
| 94031010 | Metal furniture used in offices, made of steel |
| 94031090 | Other metal furniture used in office |
| 94034000 | Wooden furniture used in kitchens |
| 940350 | Wooden furniture used in bedrooms |
| 94035010 | Bedstead |
| 94035090 | Other wooden furniture used in bedrooms |
| 94036000 | Other wooden furniture |
| 94037000 | Furniture made of plastics |
| 94038200 | Furniture made of bamboo |
| 94039000 | Furniture parts |
So, these are the top furniture HS codes, quite popular in the market of furniture import in India. For more details on Indian furniture import data or furniture importers in India, connect with us at Exportimportdata.in
Here is the list of top furniture importers worldwide:
| S.no. | Top Furniture Importing Countries | Import Value in Million |
|---|---|---|
| 1 | United States | $72,815 |
| 2 | Germany | $18,269 |
| 3 | United Kingdom | $11,418 |
| 4 | France | $10,807 |
| 5 | Canada | $8,152 |
| 6 | Japan | $7,510 |
| 7 | Netherlands | $7,092 |
| 8 | Australia | $5,347 |
| 9 | Spain | $4,250 |
| 10 | Switzerland | $3,891 |
So, these are the major markets that drive the furniture demand rapidly. All these above-mentioned nations are the top furniture importing countries. To delve into more details about all these furniture importing countries, Indian furniture importers or furniture import in India, click here
Here is the list of top markets from which furniture import in India are done in large quantities:
| S.no. | Furniture Import Destinations | India Furniture Imports (Import Value) |
|---|---|---|
| 1 | China | 402M |
| 2 | Malaysia | 68.8M |
| 3 | United Arab Emirates | 36.1M |
| 4 | Italy | 34.3M |
| 5 | Germany | 25.6M |
According to data on furniture exports, China is the country where the most furniture is imported into India out of all the countries. To learn more about all these furniture exporting countries, connect with our team of experts at Exportimportdata.in
There are several reasons why import furniture from China to India is rising:
Chinafurnitureemporium.com, Alibaba, Kitchenfromchina.com, Wedoimport.com, and Homesprings are the top Chinese furniture importers in India.
The following is a list of Indian furniture importers:
Lila Handicrafts
Herman Miller Furniture
Senator Office Furniture
Lifestyle Furniture
IKEA
Hulsta
Featherlite
Urban ladder
Pepperfry
Evok
Thus, these are the leading Italian, vintage, and Chinese furniture importers in India. With five shipments and 50% of the total, Lila Handicrafts is a crucial part of India furniture imports. Get furniture import statistics at our well-known dashboard, Exportimportdata.in, for additional information on top furniture importers.
Contact Exportimportdata.in to obtain the most current and accurate furniture import data to obtain global suppliers and Indian furniture importers. We offer import and export information for more than 130 nations, both nationwise and productwise.
Thus, get in touch with our data experts and arrange a free live demo if you have any questions about furniture import data or furniture import in India and make your journey of import of furniture in India smoother!
For India furniture imports from China or other countries, traders need to do thorough research. It might be a long procedure, but it can be a profitable venture. Consider the costs involved, such as import duty and shipping, which are highly required. Hire a reputable import agent to manage the paperwork and guarantee a seamless import process if you choose to move further. Get in touch with us at Exportimportdata.in for additional help.
Furniture import in India from Malaysia
Furniture import in India from Germany
Furniture import in India from UAE
Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
The import duty on furniture imported from China is 27.5% of the CIF value. In addition to import duties, GST is also payable. However, China's simplified laws make it simpler to export furniture, so it attracts India as it reduces hurdles while importing furniture. In 2023-24, the total import of furniture from China to India accounted for $402 million.
India imported $431 million worth of furniture in 2023, a 4.29% drop from 2022. In 2022, furniture import in India accounted for $669 million, according to furniture import data.
The United States is the largest furniture importer in the world. Based on furniture import data, it imported furniture worth $72,815 million in 2023-24. Other top furniture importing countries include Germany, the United Kingdom, France, Canada, and Japan.
The top HS codes associated to different kind of furniture items include 940310, 94031010, 94031090, 94034000, 940350, 94035010, 94035090, and 94036000.
As per furniture import data, the United States imported furniture worth $72,815 million in 2023-24, making the nation the world's largest importer of furniture in the world.
For the import of furniture in India, the importer needs to gather all necessary documentation, including a bill of lading, commercial invoice, packing list, customs entry form, and any applicable licenses or certifications required to clear customs.
The kind of furniture, customs duty, and handling costs are some of the variables that affect the cost of importing furniture from India. The Social Welfare Surcharge, Customs processing costs, and the Integrated Goods and Services Tax (IGST) are a few more extra fees.
Lila Handicrafts is the biggest furniture importer in India, accounts for around 50% of India’s furniture import. Other top furniture importers include Herman Miller Furniture, Senator Office Furniture, Lifestyle Furniture, IKEA, Hulsta, Featherlite, and Urban Ladder.
