Free Data Graphic 2 minutesFree ReportCoresight Bites: Indian Consumers’ Furniture Spending—The Impacts of Working from Home Coresight Research March 16, 2022 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. Click the image to read more about the topic. This document was generated for Other research you may be interested in: Innovator Profile: PSYKHE AI Optimizes the Online Product Discovery Process with AIInsights Video: Retail Shrink and Loss-Prevention MethodsRetailTech: Connected TV—Bringing the Store to the Comfort of Your SofaChina Consumer Tracker: Consumer Sentiment Rises