Please Wait.....
Report
India Wood - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 120 Pages I Mordor Intelligence
The India Wood Market size is estimated at USD 16.07 billion in 2025, and is expected to reach USD 24.47 billion by 2030, at a CAGR of 8.78% during the forecast period (2025-2030).
The wood market in India is vital to the country's economy, which is underpinned by the country's rapid urbanization and economic growth. It consists of a broad range of activities, from logging and sawmilling to the production of finished wood products like furniture and wood-based panels. The industry is segmented into key areas such as sawn timber, plywood, veneers, and wood-based panels like medium-density fiberboard (MDF) and particleboard. Sawn timber is widely used in construction, packaging, and furniture making, while plywood and veneers are essential for home and office interiors.
The growing number of middle class and rising income levels are driving increased demand for both traditional and modern wooden furniture. In addition, wood-based panels are gaining popularity due to their versatility and cost-effectiveness in modular furniture and construction. Overall, the Indian wood industry is poised for continued growth, supported by the expanding real estate sector and evolving consumer preferences.
India Wood Market Trends
Rapid Urbanization and Ongoing Economic Growth is Driving India's Wood Market
- The wood market in India encompasses activities from logging and sawmilling to the production of finished goods like furniture and wood-based panels. As the country urbanizes rapidly and economic growth continues, the demand for wood products is on the rise. The industry benefits from several market drivers, making it a major contributor to the nation's economy.
- One of the primary drivers of growth is the booming real estate and construction sectors. With increasing urbanization and government initiatives like affordable housing, there is a growing demand for wood in construction, furniture, and interior design. Rising disposable incomes and lifestyle changes have also led to higher consumer spending on wooden furniture and home decor, further fueling the industry's growth.
- The expanding middle class in India also contributes to the industry's growth, as more households seek aesthetically pleasing and durable wood products. Innovations in design and the adoption of advanced manufacturing techniques have enhanced product quality and efficiency, making wood products more accessible to a broader audience. The consumer shift toward sustainable and eco-friendly materials has opened new opportunities for growth in the wood industry.
- Overall, the Indian wood market is poised for continued expansion, driven by strong market demand and evolving consumer preferences.
Rise of Online Sales of Wooden Furniture Market in India
- The wood market in India is experiencing substantial growth, driven by several major factors, including the rapid expansion of the online furniture market. The significant increase in online furniture sales reflects changing consumer preferences for convenience and accessibility.
- This growth is largely fueled by the rise of e-commerce platforms, which provide consumers with easy access to a wide range of wood furniture products. Moreover, rising disposable incomes and urbanization are boosting demand for high-quality, aesthetically appealing wood furniture.
- The industry's expansion is also supported by a shift toward sustainable and eco-friendly materials, aligning with global trends and encouraging the use of wood-based products. Innovations in manufacturing and design are enhancing product offerings and catering to the ever-evolving tastes of the Indian middle class. Overall, the Indian wood industry is positioned for continued growth, bolstered by the strong performance of the online furniture market and a favorable economic environment.
India Wood Industry Overview
The wood industry in India is fragmented, featuring a mix of small to medium-sized enterprises and large players. Key companies include Century Plyboards India Ltd, Godrej Interio, Greenply Industries Limited, Ikea India Pvt Ltd, and Kingswood Group of Companies. Despite a few major players, the market remains highly diverse.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definitions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS AND DYNAMICS
4.1 Market Drivers
4.1.1 Increased Consumer Spending on Residential Furniture
4.1.2 Growth in Online Retail Platforms Makes Wood Furniture More Accessible to Consumers
4.2 Market Restraints
4.2.1 The Cost of Sourcing and Processing Eco-Friendly Materials Can Be Higher, Affecting Pricing Competitiveness
4.2.2 Regulatory Compliance
4.3 Market Opportunities
4.3.1 Rapid Urbanization and Real Estate Development Create a Steady Demand for Wood in Construction and Home Furnishings
4.4 Insights into Export and Import of Wooden Furniture
4.5 Insights into Current Trends and Technological Innovations in the Market
4.6 Porter's Five Forces Analysis
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Insights into Various Regulatory Trends Shaping the Market
4.8 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Hardwood
5.1.2 Softwood
5.2 By Material
5.2.1 Plywood
5.2.2 Laminates
5.2.3 MDF
5.2.4 Other Materials
5.3 By Product
5.3.1 Bedroom
5.3.2 Seating
5.3.3 Kitchen
5.3.4 Other Products
5.4 By Application
5.4.1 Residential
5.4.2 Commercial
5.5 By Distribution Channel
5.5.1 Online
5.5.2 Offline
6 COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Century Plyboards India Ltd
6.2.2 Godrej Interio (Godrej & Boyce Mfg. Co)
6.2.3 Greenply Industries Ltd
6.2.4 Ikea India Pvt Ltd
6.2.5 Kingswood Group of Companies
6.2.6 Indroyal Furniture Pvt Ltd
6.2.7 Merino Industries Ltd
6.2.8 Nilkamal Ltd
6.2.9 Zuari Furniture
6.2.10 Durian*
7 FUTURE MARKET TRENDS
8 DISCLAIMER
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security