Why Exhibit World Furniture Expo | WOFX Dedicated Furniture Expo, Dedicated Furniture Exhibition, Dedicated Furniture trade show, Dedicated Furniture sourcing show, Dedicated Furniture sourcing Expo, Dedicated Furniture sourcing Exhibition, Dedicated B2B Furniture sourcing Exhibition, Dedicated B2B Furniture sourcing Expo, Dedicated B2B Furniture sourcing show, Furniture Industry Sourcing Marketplace, Furniture Industry Sourcing Exhibition, Institutional Furniture, Plastic Furniture, Kids Furniture, Modular Furniture, Public Furniture, Furniture accessories, School Furniture, College Furniture, Furniture Dealer, Furniture Retailer, Furniture Wholesaler, Furniture Distributor, Architect, Interior Designer, Furniture Importer, Furniture Trader, Furniture Franchise, Furniture Agent, Furniture Sourcing, B2B Furniture Show, Furniture B2B trade show, Furniture Seminar, Furniture Conference, Furniture Interactive Business Forum, Indian Furniture Exhibition, Indian Furniture Expo

Why Exhibit

INDIA - A POWERHOUSE OF OPPORTUNITIES

Growing Economy : 7.2% GDP in FY23 - The fastest-growing major economy in the world with GDP expected to double to US$ 7 trillion by 2030.

Urbanisation : From 37% of Indians currently residing in cities to ~50% by 2047

Youth Population : World's largest Gen-Y population of 808 million youth below 35. With 65% of Indians below the age of 35, and 46.9% below 25, India's young millions are increasing spending on home improvement.

Growing Disposable Income : Average household disposable income will grow an average 9.5% annually, from US$ 6,500 in 2022 to US$ 8,300 in 2026 and consumption to US$ 1.8 trillion by 2030.

Real Estate Growth : In FY23, India's residential property market saw a 48% YoY increase with the value of home sales reaching an all-time high of US$ 42 billion.

THE INDIA FURNITURE + DÉCOR MARKET

India Market Size : Valued at US$ 32 billion, India is the 4th largest furniture consuming country and 14th largest furniture market globally growing at 20% p.a.

Growth in Furniture Rentals : India's furniture rental industry valued currently at US$ 2 billion is estimated to skyrocket by 2030.

Home Décor : The décor category alone is expected to cross US$ 5.62 billion by 2022-23, from US$ 735 million in 2019-20.

E-Commerce Market : Indian online home sales (incl. furniture sales) expected to grow 18% p.a. from US$ 2.3 billion in 2020 to US$ 5.2 billion in 2025.