Executive Summary. Market. Challenges

Transcription

1 Home Furnishing Market India July 2011

2 Executive Summary Market Drivers & Challenges Indian Textile Industries is one of the leading textile industries in the world Indian Home Furnishing comes under the purview of the Industry 1 Market Size for the home furnishing industry is ~ INR X1 bn in 20 Largely dominated by Product 1 and Product 2 Drivers Growth in real estate sector Growth in hospitality sector Growth in organized retail Growth in disposable income Challenges Raw material unavailability and cost Active unorganized market Market potential restricted to urban areas Trends Kids furnishings are on the rise Usage of blended fabrics Entry of foreign players Most of the major players have presence in the retail format in market Competition Major Players Company 1 Company 2 Company 3 Company 4 Company 5 Company 6 2

3 Introduction Market toverview Import Export Drivers & Challenges Role of Government Trends Competition Key Developments 3

4 Home furnishing market in India has seen strong growth in recent times Home Furnishing Overview Indian home furnishing industry is a sub segment of the industry 1 in India Furnishing and interiors market accounts for a1 a2% of the total residential property market Market size of the Home Furnishing Industry is INR x1 bn Eti Estimated tdto reach INR x2 bn in 20 Market is dominated by product a and product b Has more than z share in value terms Product 1, Product 2 and Product 3 such as Product 4 cover the largest share of home textile in the domestic market India is among the major producer of product 5 in the world Can be segmented into segment 1, segment 2, segment 3, segment 4 and segment 5 P1, P2 and P3 products are costlier than machine made products P4 products are again costlier than P5 or P6 products Market Size and Growth INR bn 0 P Q x% S R Home Textile Market Segments (20 ) c% d% b% e% f% a% Segment 1 Segment 2 Segment 3 Segment 4 Segment 5 Segment 6 Source: 4

5 India is among the top three suppliers of home textiles to the global markets Exports Overview Export forms a key component of the overall market Exports of Home Furnishings were worth ~ INR X1 bn in 20 Major export markets were country 1 and country 2 Product 1 is a key commodity in this space P1 products are in high demand in the country 1 and country 2 20 P2 products are also of great demand 0 Total Exports INR bn 120 x% S 100 P R T Q Share of Segments (20 ) by Type Market Segmentation (20 ) (Apr-Dec) e1% a1% b1% d1% c1% Segment 1 Segment 2 Segment 3 Segment 4 Segment 5 f2% d2% g2% e2% h2% c2% b2% a2% Country 1 Country 2 Country 3 Country 4 Country 5 Country 6 Country 7 Country 8 Source: 5

6 Drivers & Challenges Summary Challenges Drivers Growth in Real Estate Sector Growth in Hospitality Sector Raw material unavailability and cost Active unorganized market Market potential ti restricted tit dto urban areas Growth in organized retail Growth in disposable income 6

7 Trends Summary Kids Furnishings are on the rise Key Trends Entry of foreign players Usage of blended fabrics 7

8 Players in the Market (1/16) Company Snapshot: Company 1 Corporate Information Financial Performance Headquarters City 1, Country 1 INR bn Founded Products Home Textiles, Yarn, Paper, Chemical 10 Products 5 P Revenue Profit / Loss Q R S INR bn Key People Person 1 Position Business Highlights Formerly known as Company A1, it has now changed its name to Company A2 on Apr 18, 20 Company A2, flagship company of the group, started its Home Textile business in 19 Is among the top global P1 product giants of the world Besides P1, P2, it also provides P3, P4 products as well as P5 It has bagged the Award 1 for 20 Source: 8

9 Thank you for the attention Home Furnishing Market India report is a part of Research on India s Manufacturing Industry Series. For more detailed information or customized research requirements please contact: Gaurav Kumar Phone: gaurav.kumar@netscribes.com Gagan Uppal Tel: gagan.uppal@netscribes.com Research on India is a product of Netscribes (India) Pvt. Ltd. Research on India is dedicated to disseminating information and providing quick insights on hot industries in India and other emerging markets. Track our new releases and major updates in these industries on About Netscribes Netscribes is a knowledge consulting g and solutions firm with clientele across the globe. The company s expertise spans areas of investment & business research, business & corporate intelligence, content management services, and knowledge software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes is a one stop shop designed to fulfil clients profitability and growth objectives. Disclaimer: This report is published for general information only. Although high standards have been used the preparation, Research on India, Netscribes (India) Pvt. Ltd. or Netscribes is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes (India) Pvt. Ltd. and prior permission is required for guidelines on reproduction. 9