Press release
India Home Decor Market to Reach USD 42.36 Billion by 2034, Growing at 5.18% CAGR | Get Free Sample Report
Report Introduction
According to IMARC Group's latest report titled "India Home Decor Market Size, Share, Trends and Forecast by Product Type, Distribution Channel, and Region, 2026-2034", the market is experiencing robust expansion driven by rapid urbanization, rising disposable incomes, and the growing aspirations of the middle-class population. The study offers a profound analysis of the industry, encompassing market share, size, growth factors, key trends, and regional insights. The report covers critical market dynamics, including the surge in sustainable and eco-friendly decor, the proliferation of omnichannel retail, and the increasing demand for space-saving and multifunctional furniture in metropolitan areas.
Market At-A-Glance: Key Statistics (2026-2034):
• Current Market Size (2025): USD 26.88 Billion
• Projected Market Size (2034): USD 42.36 Billion
• Growth Rate (CAGR): 5.18%
• Key Segments: Home Furniture (40.12%), Online Stores (32.08%), and North India (33%).
Request Free Sample Report (Exclusive Offer on Corporate Email): https://www.imarcgroup.com/india-home-decor-market/requestsample
India Home Decor Market Overview
The India home decor market size was valued at USD 26.88 Billion in 2025. Looking forward, IMARC Group expects the market to reach USD 42.36 Billion by 2034, exhibiting a growth rate (CAGR) of 5.18% during 2026-2034.
The market is primarily driven by the evolving lifestyle of Indian consumers who increasingly prioritize aesthetically pleasing and functional living spaces. The expanding middle class, projected to reach 61% of the population by 2047, is fueling demand for quality furnishings. Rapid urbanization has created a need for contemporary designs that optimize compact urban apartments. The e-commerce revolution has democratized access, allowing brands to reach Tier-II and Tier-III cities, while social media platforms continue to shape design preferences. Additionally, there is a significant shift towards sustainable home decor, with households adopting eco-friendly materials like bamboo, jute, and reclaimed wood.
Top Emerging Trends in the India Home Decor Market:
• Sustainability & Eco-Consciousness: Rising demand for products made from organic cotton, bamboo, and recycled materials, with a focus on low-VOC finishes.
• Digital & Omnichannel Retail: Integration of Augmented Reality (AR) tools by online platforms to visualize furniture and the expansion of experience centers by retailers.
• Multifunctional Furniture: Surge in popularity of hydraulic storage beds, modular sofas, and foldable dining sets to address shrinking apartment sizes in metros.
• Smart Home Integration: Growing adoption of IoT-enabled lighting and smart furniture features.
India Home Decor Market Growth Factors (Drivers)
• Urbanization: Migration to cities creating sustained demand for furnishing new residential units.
• Government Initiatives: Housing schemes like Pradhan Mantri Awas Yojana generating demand for mid-priced home decor solutions.
• E-commerce Penetration: Over 20 million users purchased home decor online in 2024, driven by smartphone adoption and affordable data.
• Real Estate Development: Robust construction activity, particularly in the residential sector, necessitating complete furnishing solutions.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-home-decor-market
Market Segmentation
Product Type Insights:
• Home Furniture
• Home Textiles
• Flooring
• Wall Decor
• Lighting
• Others
Home furniture dominates with a market share of 40.12% of the total India home decor market in 2025.
Distribution Channel Insights:
• Home Decor Stores
• Supermarkets and Hypermarkets
• Online Store
• Gift Shops
• Others
Online store leads with a share of 32.08% of the total India home decor market in 2025.
Regional Insights:
• South India
• North India
• West and Central India
• East India
North India exhibits a clear dominance with a 33% share of the total India home decor market in 2025.
India Home Decor Market Recent Developments & News
• March 2025: India Circus (a Godrej venture) opened its 18th store in Lucknow, expanding its footprint in North India.
• February 2025: IKEA launched online delivery services across Delhi-NCR and nine satellite cities, supported by a new distribution center in Gurugram.
• Market Dynamics: The modular furniture segment alone reached USD 3.71 Billion in 2024, highlighting the shift towards organized, functional interiors.
Why Buy This Report? (High-Value Insights)
• Granular Segmentation: Detailed analysis of the Home Furniture segment and the rise of modular designs.
• Regional Hotspots: Insights into why North India dominates and the emerging potential of Tier-II cities like Lucknow and Jaipur.
• Competitive Landscape: Analysis of strategies adopted by key players to combat the unorganized sector.
• Future Outlook: Data-driven forecasts on the impact of Smart Home technology on decor trends.
Key Highlights of the Report
• Market Forecast (2026-2034): Quantitative data on market value and stable growth.
• Competitive Landscape: Mix of traditional manufacturers, international retailers (e.g., IKEA), and digital-native brands.
• Strategic Analysis: Assessment of challenges like raw material sourcing and import dependence.
• Consumer Behavior: Insights into the preference for customization and branded upholstery.
Get Your Customized Market Report Instantly: https://www.imarcgroup.com/request?type=report&id=11408&flag=E
Customization Note: If you require specific data we can provide it as part of our customization services.
Also Browse Related Links:
India Essential Oil Market: https://www.imarcgroup.com/india-essential-oil-market/requestsample
India Extruded Snack Food Market: https://www.imarcgroup.com/india-extruded-snack-food-market/requestsample
India Makhana Market: https://www.imarcgroup.com/india-makhana-market/requestsample
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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