28-29-30

Nov. 2023
Bombay Exhibition Center
Furniture + Design Marketplace Mumbai
wofxworldexpo.com

World
Furniture Expo

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 Furniture + Design Marketplace
India – a bright spot on the horizon
"India’s economy has been remarkably resilient to the deteriorating
external environment, and strong macroeconomic fundamentals
have placed it in good stead compared to other emerging market
economies," Auguste Tano Kouame, World Bank's Country Director in
India.
India’s economy is relatively insulated from global spillovers partly
because India has a large domestic market and is relatively less
exposed to international trade ows.
According to Morgan Stanley, India’s GDP could more than double
from $3.5 trillion today to surpass $7.5 trillion by 2031.
With over 65% of the population below the age of 35, and 46.9% under
the age of 25, India’s young millions are increasingly spending on
home improvement.
WOFX | 28-29-30 Nov. 2023 | BEC Mumbai
India’s share of global exports could also double by 2031, while the
Bombay Stock Exchange could reach a market capitalization of $10
trillion in the coming decade.
India’s huge US$ 2.7 trillion economy is being fuelled by a
consumption boom where private consumption accounts for 60% of
India's GDP.
After surpassing the size of UK economy in December 2021, India
slated to become 3rd largest economy in 2029.
India’s consumption expenditures will rise by a factor of three to reach
4 trillion by 2025.
WEF states that by 2030, India will add 130 million middle-income
households and 21 million high-income households, overall doubling
the share of these households to 51%.
India to have the 3rd largest number of high income households by
2030 according to McKinsey.
By 2025, India's e-commerce industry is expected to increase by 84%
to US$ 111 billion, driven by mobile shopping, which is projected to
grow at 21% annually over the next four years.
India is the world’s 5th largest consumer market and growing larger
every year.
Manufacturing’s share of GDP in India could increase from 15.6%
currently to 21% by 2031—and, in the process, double India’s export
market share.
Oxford Economics’ Global cities report estimates that 17 of the 20
fastest-growing cities in the world between 2019 and 2035 will be from
India.
 India – the next global hub for furniture

Market Size

© India is the fth largest furniture producer at a global level and

the fourth largest consumer of furniture.

© Indian furniture market was valued at USD 17.4 billion in 2021

and is predicted to reach USD 37.7 billion by 2026.

© Indian furniture rental industry is forecasted to grow to USD 13

billion by 2025 from USD 4.1 billion in 2020.

© Online home sales (including furniture sales) in India is

expected to grow 39% annually to USD 40 billion in 2026.

© According to the World Bank, India's organised furniture

industry is expected to grow 20% p.a.

© Work from home furniture market is expected to touch USD

3.49 billion by 2026. Key Factors

© Demand for furniture is fuelled by increasing population, rapid

urbanization, growth of realty and infrastructure projects, growing
disposable incomes and improved living standards.

© The ourishing hospitality sector and increase in the number of

hotels in the country, is catalyzing the demand for furniture.

© Wide availability of furniture through online and ofine

distribution channels is contributing to the growth of the market.

© There will be a 2.5x increase in income per capita from 2016 to

2027

© Growing expenditure will rise by a factor of three to reach 4

trillion by 2025

© It is estimated that 40% of India’s population, as against 31% in

2010, will be living in urban areas by 2025 and will account for
more than 60% of consumption.

© The proportion of nuclear households has reached 70% and is

projected to increase to 74% by 2025. They spend 30% more per
capita than joint families.

Home Furniture Analysis © Furniture replacement cycle expected to come down to 5-7

Furniture comprises 40-50% in Home Décor category, of which larger years from current 8-10 years.

items like sofa, beds, etc. comprise 25% and the rest are small furniture
items like linen, bar table, chairs, stools, etc.

Home furniture comprises 60% of the furniture market and is

expected to grow at 14.16% CAGR.

Government Support in the Furniture Sector

FDI : In 2018, government approved 100% foreign direct investment

(FDI) for single-brand retail via direct route, removing all hurdles for
investment and opening the economy for global players like IKEA.

Production Linked Incentive scheme aimed at making

manufacturing in India competitive across the globe by eliminating
sectoral handicaps, generating economies of scale, and ensuring
efciencies.

WOFX | 28-29-30 Nov. 2023 | BEC Mumbai

Advantage WOFX

With India emerging as a global furniture hub and the 4th largest
consumer of furniture in the world, WOFX – World Furniture Expo is
positioned as an ideal B2B industry platform wherein the entire
industry, whether from India or abroad, can converge, interact,
collaborate, generate business, exchange market knowledge and
information, network for fresh ideas and demonstrate innovations.
WOFX is a professional B2B international trade show dedicated
exclusively to the furniture industry in India. It is a show where all
categories of innovative furniture and décor ideas and latest
collections are showcased on one industry platform.
After a successful edition on 17-18-19 November 2022 in Mumbai,
WOFX has consolidated its position as a strong industry platform. The
entire industry welcomed WOFX as a long awaited trade platform
dedicated to the furniture + design industry.
WOFX 2022 featured a high proportion of international exhibitors with
large pavilions as well as Indian leaders showcasing a comprehensive
range of trendy and in-demand products. Over 145 brands from India,
Turkey, Singapore, Malaysia, Indonesia, Thailand, Vietnam, China,
USA participated at WOFX which was attended by 9862 B2B buyers
from 13 countries and 22 Indian States with 90% of the buyers being
senior decision makers.
Overwhelming response at WOFX 2022 from industry stakeholders
from India and International point towards a bigger edition in 2023 with
the inclusion of more categories and greater participation of India and
international brands. Exciting themes, innovative products and
sustainable solutions - WOFX is the one-stop trade show for the entire
furniture and design business. WOFX attracts more global and
domestic companies offering a more varied collection thereby
attracting more buyers and culminating in more business!

Show Highlights

One-stop trade Connect with Concurrent events ‘Excellency Knowledge and

show for the entire
furniture and
design industry in
India – one of the
most promising and
growing furniture
market in the world.
leading B2B comprising full day Lounge’ to network Marketing Forums
buyers, explore new seminars to involve with VIP Buyers. such as ‘WOW -
business industry relevant Words of Wisdom’,
opportunities, new stakeholders such ‘Inn Design’ and
ventures and as architects, interior ‘Business Pulse’ to
expand retail and designs, update the industry
distribution networks distributors, dealers on latest trends,
across India and etc. marketing tools and
other countries. product innovations.

WOFX | 28-29-30 Nov. 2023 | BEC Mumbai

Our Buyers
Opinion Matters
“ Our Exhibitors

WOFX had good participation of Indian and foreign manufac- This is the rst time HTL has participated in India. WOFX
turers displaying some of the best quality furniture and allied provided us a very good opportunity to showcase what HTL is
products. about to all the professionals who visited us here as HTL was the
Ar. Prem Nath talking point at this fair. The professionals who visited us were
Chief Executive Ofcer very happy with the products, designs and quality that HTL is
Prem Nath & Associates bringing to India. We want to be a long-term partner with WOFX
as the response we have received in this rst year itself is very
good and we look forward to be part of WOFX as the anchor
participant every year.
We have spent over 12 hours at this fair over the last two days
Varun Kant
and I have to say that this fair has been very useful to us. We are
Country Head
looking for partners to do business with us in furniture and this
HTL Marketing Pte. Ltd., (Singapore)
fair is perfect for us to meet new suppliers. We have made a lot of
contacts at WOFX and look forward to developing a lot of new
business.
Mohmed Firas Al-Samman We are happy to participate at WOFX. We have met a lot of
CEO industry people to discuss business and this platform will
Samman Group really grow as it is the only furniture focused fair being
organized.

The Show and vendors were very good and the quality of
products was truly amazing. Looking forward to place orders
soon.
Pankaj Chopra
Materials Manager
“ Mustafa Merchant
Chairman & Managing Director
Urban Living

3%
2% 2% 7%

Institutionent Agencies

Entrepreneurs &
Procur
3%

Bra
7%

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rt ers
Fran Impo
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Vice - Presidents Buyer Profile Industry Profile 4% Large Format Retailer

s
HORECA
(Hotels, Restaurants,
Cafes)
7%

uses
Brand Managers 4%
Trad
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Category Heads
Total Number of ers
&D
ev
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CEOs Dea

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Distributors
at

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Co

6%
Professionals 6%

6% 6%
General Managers 6%

4% 4% 5%
Head - Buying & Merchandising 9%
6%
6%
Head - Sourcing 4%

6%
Buyers from 19 Indian States / UTs
8%
Head - Supply Chain
3%
7%
COOs
9%
5%
Creative Directors
4% 8%
Design Heads 5%
7%

Founders © Andhra Pradesh © Karnataka © Tamil Nadu

Manager Procurement and Projects © Chhattisgarh © Kerala © Telangana
© New Delhi © Madhya Pradesh © Uttar Pradesh
Manager Purchase
© Goa © Maharashtra © Uttarakhand
Managing Directors © Gujarat © Odisha © West Bengal
Presidents © Haryana © Punjab
© Jammu & Kashmir © Rajasthan and many more

Buyers from 13 Countries / Regions

Furniture + Design Marketplace

Bangladesh Singapore UAE Indonesia

France UK Canada Thailand

India
Russia China Hong Kong USA

WOFX | 28-29-30 Nov. 2023 | BEC Mumbai

Thematic Zones

Grand Galleria - Hall of Elegance

The Hall of Elegance presents premier suppliers from across the

globe. These exceptional suppliers represent denitive brands
and industry-leading names with a strong history of quality
product design & excellence.

The zone showcases products from across the globe namely,

Europe, Turkey, China and other Asian economies to name a few.

Avante Grade - Hall of Fame

The exclusive Hall of Fame is dedicated to showcasing leading

brands from India in the world of furniture & design.
A AN
It draws buyers seeking products with a strong sense of identity,
G A R D E
H a l l o f F a m e

backed by excellence in design, in terms of appearance &

performance.

Asean Panorama

For centuries the Asian culture has been endowed with a rich
heritage in arts and crafts due to variety of natural resources
asean found in these countries.
P OA We invite you to showcase your unique style in ASEAN Panorama
where buyers will experience the scintillating display of traditional
and contemporary designs and trends from different ASEAN
countries.

Design Edge - Hall of Innovations

Growing demand for modular and state-of-the-art furniture

among the people living in urban areas is positively inuencing
the market.

Modular furniture is in greater demand due to the arrival of ready

to live, fully and semi-furnished apartments provided by leading
DESIGN
Hall of Innovations

builders and construction companies.

Increased demand for innovative furniture ideas that help save

space and offer an upscale look are showcased in this
specialized zone.

SOI - States of India

The States of India zone showcases the talent and craftsmanship

of artisans and manufacturers from the different states of India.

Unlike many other countries, each state and region of India has its
unique traditions and cultural heritage. All of these together create

S I
the artistry that is distinctly local, yet part of the larger mosaic of
the Indian landscape.
States of India
India’s legacy of art and crafts is prized across the globe and
exports of Indian furniture, décor and handicrafts are rising year
on year as designers and home owners appreciate the unique
and traditional designs of India.

Get inspired by India’s rich heritage.

WOFX | 28-29-30 Nov. 2023 | BEC Mumbai

 Conferences, Design Ideas and Product Launches

WOW - Words of Wisdom

Curated think-tank sharing

industry intelligence providing
intensive exposure through
live presentations and
discussions led by industry
experts.

Design Walk
WOW Creating unique exposure for
your innovative products
through live presentations
and demos to introduce your
contemporary products to
the business world in style.

DESIGN
Business Pulse

Learn directly from Marketing

Gurus who will share insights
on growing your business

Design Talk

Showcase of innovative
design concepts by leading
architects and designer.

Design
Talk

Featured Brands 2022

WOFX | 28-29-30 Nov. 2023 | BEC Mumbai

 Furniture + Design Marketplace

Exhibitor Profile

Decorative
Outdoor
Buyer Profile

Home

Ofce
© Importers and Trading Houses

© Buying Houses and Agents

School/College
© Retail Chain Aggregators

Modular
Plastic

Kids
© Large Format Retailers

© Retailers and E-Tailers

© Institutional Procurement Agencies

Auditorium

Hospital
Corporate Sourcing Heads

Railway
©
Airport

© Architects and Interior Designers

© HORECA
(Hotels, Restaurants, Cafés)

© Real Estate Developers

HORECA

Fittings
many
Public

© Dealers, Distributors, Wholesalers more

© Brand Owners and Franchisees

© Entrepreneurs and Startups

Furniture + Décor + Decorative Lighting

Supporting Organisations 2022

State Pavilion By Retail Association Partner Knowledge &
Supporting Partner

Federation of
Hotel & Restaurant
Associations of India
Our Online Partner

Our virtual business matching

platform would enable exhibitors
to go beyond physical to digital

Supporting Media 2022

For Show Rampat Gupta For Booth Haider Ali Mirza

+91 9819567106
Information: Participation: +91 9619095955
rampatgupta@worldexindia.com haider@worldexindia.com

Organised by Worldex India Exhibition & Promotion Pvt. Ltd.

309, Parvati Premises, Sun Mill Complex, Lower Parel (W), Mumbai 400 013, India.
E-mail: contactus@worldexindia.com; Website: www.worldexindia.com

Health & Safety: As an international platform, WOFX strictly adheres to all rules and regulations to ensure the health and safety
of everyone on our premises by complying with the highest hygiene & sanitization standards.