WHY EXHIBIT
India, with the youngest working population in the world, is flourishing and the Indian home and home décor market is about to explode.
India’s consumption story will be huge in the next 20 years, driven by its 440 million millennials and 390 million Gen Z
India is one of the world’s biggest furniture and consumer market. Currently, India is the 4th largest furniture consuming country and the 14th largest furniture market in the world. According to the World Bank, India's organised furniture industry is expected to grow 20% p.a.
Media exposure coupled with foreign travels have educated and opened the Indian mind to the vast possibilities in furniture designs for home, office and institutional projects.
The industry is in the top 3 key areas of consumption and the home furniture market comprises 60% of furniture, accounts for $20.6 billion (2018) and is expected to grow 14.1% CAGR over 2018-2023.
India is the 14th largest furniture market in the world with 13.38% projected growth from 2018-2023, reaching $27 bn by 2022 from $18 bn in 2015.
Total furniture imports touched $336.81 million in 2020-21 from US$ 65.8 million in FY2018. with India importing wooden furniture from 75 countries.
With India importing wooden furniture from 75 countries, WOFX is positioned as a strategic converging event for manufacturers from all over the world who would like to showcase their comprehensive range of products and designs to India’s top importers, chain stores, hyper markets, trading houses, e-retailers, agents and distributors.
WOFX invites you to participate in international country pavilions, launch your latest products and innovations and expand your business network into India – one of the world’s largest and fastest growing consumer markets.
In India’s huge domestic market, WOFX will help you identify potential business partners, showcase new innovations for target groups, meet and network with large trading houses, discover new selling opportunities and enhance your brand image.
WOFX will showcase a wide array of contemporary and stylish products catering to every aspect – creative and practical – to fulfil India’s needs and requirements.
It is a focused integrated platform for products, offering comprehensive solutions and fulfils all requirements via focused sectors and will see companies present the latest concepts, trends, technology and innovations.
The fair has been created to be a global convergence hotspot with international exhibitors making it a truly international B2B sourcing event.